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Alsace Property Market

  • Situated in the north-eastern part of France, the Lower-Rhine department is not really considered by Brits looking for buying a property in France, due to proximity with Germany in spite of Alsace low unemployment, good transport links and wide variety of natural areas that are much attractive for French and foreigners. Most people report Alsatian locals give visitors a warm and friendly welcome.
  • If you like pretty half-timbered houses adorned with flowers, gabled roofs and chimneys - sometimes topped by stork nests, there is a lot of choice in Alsace where find the ideal place for a second or permanent home!
  • Along vineyards in the Rhine valley quaint half-timbered houses, "vigneron" houses including narrow courtyards, floors, and stone basement should be found in charming towns and villages. Farms with barn and sheed are also widespread in the valleys and at the foothills of the Vosges Mountains.
  • Property for sale in Alsace can be expensive in some points. The average price of a 2 bedroom apartment property in the Alsace region is between 140k Euros and 160k Euros while the price of a 4 bedroom house is between 250k Euros and 290k Euros.
  • Prices in Lower-Rhine are continually rising and rental and buying demand exceeding supply. With the constant number of European workers there is an good potential for those looking to invest and ensures profit from sales. Apartments prices in Strasbourg have increased with the new accessibility to Paris by TGV in two hours. This convenience should attract British property buyers.
  • Strasbourg offers good housing and high standard of life. Strasbourg rental market is flexible and there is a quick turnover. The city is at an intermediate level in terms of price per square metre compared with other French cities.

Property Market Facts in Alsace
Property ownership
More than 12% landlord in Alsace is considered to have been born abroad. Alsace has a low rate of British expats.
Second home ownership
Alsace accouts for 2,4% of second homes, most of them being concentrated in the West of the region, more rural and more mountainous.
Most popular departments
Important towns and villages where people already live or intend to purchase:

Haut Rhin: Pfastatt, Sausheim, Munster, Mulhouse, Colmar, Cernay, Ribeauvillé, Brunstatt, Guebwiller.
Bas Rhin: Strasbourg, Obernai, Molsheim, Haguenau, Séléstat, Bischheim, Ostwald, Erstein, Illkirch.




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