France

Aubigny Sur Nere

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Real estate insights for Aubigny Sur Nere

AspectSummary
PopulationApprox. 3,200 residents
Average Property Price€130,000
Rental Yield5% - 7%
Average Rent€600/month
Occupancy Rate85% - 90%
Capital Growth Rate2% - 3% annually
Property TaxAround 1.5% of property value
Transaction Costs7% - 10% including notary fees
Expected ROIApproximately 8% - 10% annually
Economic Growth ImpactModerate, influenced by local agriculture and tourism

Aubigny Sur Nere FAQ

  • What are the average home prices in Aubigny Sur Nere?

    The average home prices in Aubigny-sur-Nère typically range from €100,000 to €200,000, depending on the size and condition of the property. A small, two-bedroom house might be listed around €120,000, while larger, more updated homes can reach upwards of €180,000 to €220,000. For instance, a three-bedroom family home in a desirable neighborhood may be priced around €160,000. Properties requiring renovation or located outside the town center can be found for as low as €90,000. The local real estate market also includes some charming historic buildings, which can vary widely in price, with some being offered at €250,000 or more, particularly if they feature traditional architecture or have been recently refurbished.

  • How have real estate prices changed in Aubigny Sur Nere over the past year?

    Over the past year, real estate prices in Aubigny Sur Nere have seen a noticeable increase. According to recent market data, the average price per square meter for residential properties rose from approximately €1,200 to €1,350, representing a significant uptick of about 12.5%. This trend is reflected in various neighborhoods; for instance, a three-bedroom house that was listed at €150,000 a year ago is now selling for around €170,000. Additionally, smaller apartments have also seen price hikes, with one-bedroom units previously priced at €90,000 now being offered at around €100,000. The local real estate market is experiencing higher demand, partly due to an influx of buyers seeking the charm of rural living while remaining within commuting distance to larger cities.

  • What factors influence real estate prices in Aubigny Sur Nere?

    Real estate prices in Aubigny Sur Nere are influenced by a combination of local economic conditions, property characteristics, and regional trends. The town, with a population of around 6,000, sees an average property price of approximately €1,500 per square meter, which can fluctuate based on factors such as proximity to the town center, where multi-family homes might be listed for around €120,000 to €160,000 for a 3-bedroom unit. Conversely, homes in the outskirts, often with larger plots of land, can be priced lower, averaging €1,200 per square meter. The historical significance of Aubigny, with its charming medieval architecture, can also drive up demand, particularly for houses built before the 19th century, which typically command higher prices—sometimes exceeding €200,000 depending on renovations and location. Additionally, market trends across France, such as shifts towards rural living post-pandemic, play a role in boosting interest and potential prices, as buyers seek properties that offer a balance of affordability and lifestyle. Local amenities, such as schools and transportation links to larger cities, further impact desirability and pricing.

  • Are property prices in Aubigny Sur Nere higher or lower than in nearby towns?

    Property prices in Aubigny Sur Nere are generally lower compared to nearby towns such as Sancerre and Bourges. As of late 2023, the average property price in Aubigny Sur Nere hovers around €1,400 per square meter, whereas in Sancerre, the average price reaches approximately €2,200 per square meter. In Bourges, which is a larger urban center, the average property price is around €1,800 per square meter. This price disparity can be attributed to Aubigny Sur Nere's smaller size and more rural setting, which appeals to buyers looking for a quieter lifestyle. Additionally, while properties in Sancerre are often sought after for their vineyards and tourism potential, Aubigny Sur Nere's more modest market has resulted in lower demand and pricing.

  • What types of properties are most commonly sold in Aubigny Sur Nere?

    In Aubigny-sur-Nère, the property market primarily features stone houses, which account for approximately 60% of sales, often reflecting the town's historical architecture. These homes typically range in size from 80 to 200 square meters, commonly offering two to four bedrooms. Many are situated on plots of land averaging around 500 to 1,200 square meters, providing gardens that contribute to the charm of the area. Additionally, apartments make up about 25% of transactions, with sizes generally between 50 and 100 square meters, appealing to couples and small families. There is also a niche market for rural properties and villas in the surrounding countryside, which compose the remaining 15% of sales and often feature larger plots exceeding 2,000 square meters. Prices for properties in Aubigny-sur-Nère vary significantly, with stone houses generally priced between €150,000 and €300,000, whereas more spacious rural homes can reach up to €500,000 depending on amenities and land size.

  • How does the size of a property affect its price in Aubigny Sur Nere?

    In Aubigny Sur Nere, property prices are closely linked to size, with averages showing a clear trend. For example, a small 50 square meter apartment in the town center might fetch around €70,000, translating to approximately €1,400 per square meter. In contrast, a larger 150 square meter family home on the outskirts can rise to €250,000, or about €1,667 per square meter. This difference illustrates that the overall market reflects a premium for larger living spaces, but it also underlines regional demand and property type. Additionally, properties with larger gardens or extensive land, such as those over 1,000 square meters, may list for upwards of €300,000, with the price per square meter decreasing as the size increases, highlighting a different valuation strategy for extensive outdoor spaces. Hence, in Aubigny Sur Nere, while size impacts price directly, location and property features play a vital role as well.

  • What is the price range for investment properties in Aubigny Sur Nere?

    The price range for investment properties in Aubigny Sur Nere varies significantly depending on the type and condition of the property. Typically, small apartments can be found starting from around €30,000 to €50,000, making them attractive options for budget-conscious investors. For larger family homes, prices tend to be between €100,000 and €200,000, with some more spacious or recently renovated houses priced upwards of €250,000. Additionally, historical buildings and properties with unique features can command higher prices, often exceeding €300,000. The local real estate market has seen fluctuations, but overall, the average return on investment in this area can be appealing, particularly due to the town's charm and amenities.

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