French News Archive

Property Market

The Price of a Building Plot in France

Thursday 07 December 2017

The French government have recently published a review of residential building land prices for 2016.

The authors report that national average price of a building plot last year rose 4.2% over 2015 to reach €82m².

At a regional level average prices varied from €46m² in Bourgogne-Franche-Comté to €232m² in the Ile-de-France. However, such is the size of the new regions that even these figures are of limited practical value.

The table below contains the average m2 price for each region, as well as the lowest and highest quartile averages and the median, which gives a more accurate picture of the variation in prices within each region.

If the lowest 25% of prices are examined then building land prices in parts of Nouvelle-Aquitaine and in Bourgogne-Franche-Comté average €27m², whilst in the Ile-de-France prices in the same quartile average €232m²

Prices in some rural areas will be lower, as most of the prices in the study are based on sales taking place in the urban areas of France, although, as always, it will depend upon size, scarcity and location.

Accompanying the land price analysis, the review also provides figures on building construction costs, which show that the average build cost last year was €1,352m². The average house size was 111m².


Average Prices Per for Building Land
RegionMean
Average
Lowest 25%
Median
Highest 25%
Auvergne-Rhône-Alpes€92€53€100
€176
Bourgogne-Franche-Comté€46€27€54€90
Brittany€78€56
€97
€142
Centre-Val de Loire
€59€39€70
€114
Grand Est€79
€48€101€165
Hauts-de-France€72
€50€91€124
Île-de-France€232€174€259
€372
Normandy€51€32€59
€102
Nouvelle-Aquitaine€59€27€71
€129
Occitanie€82€51€115
€214
Pays de la Loire€87€60€97
€150
Provence-Alpes-Côte d'Azur€154€111€194
€270
France Metropolitan€82€49€96
€165

Source: SOeS, EPTB 2017

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