Picardy Property Market

  • Picardy has numerous attractive and pleasant areas around rivers, canals, forests, coastlines where various activities can be practised throughout the year; as much as historical and cultural places where to visit castles, museums and religious monuments.
  • Picardy is well-located, close to Paris for French owners and close to Calais for British investors.
  • While more and more Parisians are starting to relocate through the 3 regional departments Aisne, Oise and Somme, Picardy is still not very popular with overseas property purchasers.
  • However, the region is easily reachable by British thanks to the Channel Tunnel, the TGV (high speed line) from Paris, and most of all Beauvais airport served by low-cost airline Ryanair from Glasgow.
  • The region also accounts for lots of opportunities and bargains for buyers, who want to have their own home and take advantage of quiet life without the disadvantage of Parisian prices.
  • For those looking for buying their permanent home or temporary home in Picardy, nice properties with cheap prices are still on the market and more affordable than in other neighbouring regions. It has been proved that Picardy has some of the lowest property prices in all France.
  • Currently, an old four-bedroom farmhouse located in Amiens, with land and outbuidlings can be found from 180,000 euros. On an other hand traditionnal three-bedroom property in Beauvais with outbuildings could be buy from 90,000 euros.
  • With such bargains and such assets, the property market is bound to grow and the traditionnal "Picarde" house, simply low and elongated, organized on only one level with usually attic to convert; will probably attract property investment from British buyers.
  • Picardy will start to attract more British people and becoming more popular in the next few years especially around the region's capital, Amiens and Beauvais, due to its low-cost airline potential, where British interest tends to be focused.

Property Market Facts in Picardy
Property ownership
Picardy accounts for 62% of ownerships on the total of the regional housing stock.
The southern Oise linked to the metropolitan area of Paris becomes popular with commuters working there.

Second home ownership
Picardy accounts for 5% of second homes.
This is equivalent to more than 48 000 second homes.
These are mainly located in Somme department (47%) along the "Picarde" coast or in Oise (28%) and Aisne (25%).

Most popular areas
Important towns and villages where foreign people already live or intend to purchase:
Aisne: Fère-en-Tardenois, Château-Thierry,Hirson, Chauny, Villers-Cotterêts, Soissons,St Quentin, Laon,Tergnier, Neuilly-St-Front, Crépy, Crouy, Belleu.
Oise:Méru, Noyon, Beauvais, Compiègne, Coudun, Nointel, Creil, Nogent sur Oise, Senlis, Crépy-en-Valois, Nanteuil-le-Haudouin,Jaux, Pont-ste-Maxence, Lamorlaye.
Somme:Abbeville, Gamaches, Préonne, Ham, Doullens, Cayeux-sur-Mer, Le-Crotoy, Mers-les-Bains,Ault St-Valery-sur-Somme,Fort-Mahon.

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

Aisne property Oise property
Somme property

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