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Aquitaine Property Market
- Aquitaine region is dynamical and attractive for property buyers, across its 5 departments: Dordogne, Lot et Garonne, Landes, Pyrénées Altantiques and Gironde.
- The current situation market demonstrates that Aquitaine is a good investment decision for those looking for buying property in France and living there for long or short term.In 2006 Aquitaine property prices rised by about 7% on existing properties and 19% on new build. The demand for land was also high and plot prices were rising.
- Properties in the countryside and rural areas, like cheap farmhouse for renovation in the Pyrenees-Atlantiques, or good value traditionnal half timbered house and typical Pigeonniers in Basque country and Dordogne are very popular with the British buyers.High colored frontage urban house, Second Empire Mansions, wooded "cabanes tchanquées" with circular terrace in Arcachon and Chalets in the Pyrénées are relatively more expensive but could also bring good rental income, as belonging to famous resorts.
- Combined to its mild climate, its charming " French life" and its convenient location with airports for regulars travellers, Aquitaine attracts more and more buyers every day, including the British buyers who are for the majority retired and soon-to-be retired or otherwise families willing to work or run their own business (B&B accommodation, farming, real estate ...).
Here are the Property prices for the last three months of 2006.
Property ownership
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Aquitaine accounts for more than 100 000 foreigners born outside of France. This is equivalent to 3,7% of the total number of inhabitants in all the France.
Aquitaine is a popular and reknowned destination for property buyers from UK, Germany, Netherlands, Spain.
1/3 of British buy property as their main home or intend to settle permanently in Aquitaine on average for about nine years.
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Second home ownership
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In Aquitaine 15 522 second homes belong to foreign nationals, accounting for approximately 9,4% of the total number of second home in France.
The main locations of these homes are as follows: 43% on the seaside,2,5% in mountains, 54,5% in countryside and town.
Most common property types are: 55% house for renovation and 45% new building.
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Most popular departments
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The Dordogne department is 6 times more popular with foreign property buyers than others french departments. 17% of British property buyers in France choose to buy an house in Dordogne.
Important towns and villages where foreign people already live or intend to purchase:
Dordogne: Périgueux, Bergerac, Issigeac, Beaumont, Monpazier, Eymet, Lalinde, Mussidan, Saint-Aulaye,Thiviers, Montignac,Ribérac,Nontron, Brantôme, Bugue,Villefranche-de-Lonchat, Montpont-Ménéstérol, Domme, Buisson de Cadouin.
Gironde: Pauillac, Médoc, Bordeaux, Blaye, Bourg, Arcachon, Cap Feret, Libourne,Langon, St Emilion, Hourtin, Ste-Foy-la-Grande, Soulac-sur-Mer, Monségur, Ambarès-et-Lagrave, Rauzan, St-André-de Cubzac, Lesparre-Médoc.
Landes: Biscarosse, Mimizan, Soustons, Cap Breton, Mont de Marsan, Saint Sever, Saint Vincent de Tyrosse, Dax, Hagetmau, Parentis-en-Born, Aire-sur-l'Adour.
Lot et Garonne : Agen,Villeneuve sur Lot, Tonneins, Marmande, Miramont, Duras, Villeréal, Monflanquin, Mézin, Nérac, Fumel, Miramont-de-Guyenne, Montayral, Layrac.
Pyrénées Atlantiques: Pau, Orthez, Biarritz Anglet, Bayonne, St Jean de Luz, Salies de Béarn, Mauleon-Licharre, Hasparren, Jurançon, Mourenx.
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Aquitaine Region