Alsace Property Market

• Situated in the north-eastern corner of France, the Low-Rhin department is not really considered by Brits looking for buying a property in France, due to proximity with Germany, however Alsace low unemployment, good transport links and wide variety of natural areas is as much attractive for French as for foreigners. Most of all considerating Alsatian always giving visitors a warm and friendly.
• If you like pretty half-timbered houses adorned with flowers, gabled roofs and chimneys - sometimes topped by stork nests, there is loads 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 courtyard,floors, and stone basement should be find in charming towns and villages.Farms with barn and sheed are also widespread in the valleys and at the foothills of the Vosges Mountains. Without to forget the Alpine Chalet-style houses.
• 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 Rhin 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.The 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 % householder in Alsace is considerated as foreigner people and 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.

Key Property Price Data* for Alsace
	Upper Rhin.(68)	Lower Rhin (67)
Average Prices
Sales(€/m²)	2791	1649
Rental(€/m²/month)	11,22	n/a*
Apartment(€/m2)	1 615	1 936
House (€)	188 900	238 040
Land(€/m2)	131	132

Key Housing Data* in Alsace
	Haut R.(68)	Bas R(67)
Total Property
Housing stock	304 324	445 870
Property usage
Primary residence	91,15%	90,97%
Second home	2,78%	2,65%
Vacant home	6,06%	6,35%
Property type
Detached house	53,72%	49,69%
Flats	43,47%	47,82%
Others	2,8%	2,5%
Ownership
Owner	58,08%	55,09%
Renter	36,87%	39,43%
Free	5,05%%	5,48%
Property size
Studio	3,52%	5,42%
2 rooms home	9,33%	10,83%
3 rooms	19,98%	20,21%
4 rooms	25,16%	22,09%
5 rooms or more	42%	41,45%

* n/a (non applicable = non communiqué)

* according to statistics from Journal du Net, Notaires de France, La Vie Immo.

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