France

Autun

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Real estate insights for Autun

AspectSummary
PopulationApproximately 18,000 residents
Average Property Price€200,000
Rental Yield5.5%
Average Rent€900/month
Occupancy Rate90%
Capital Growth Rate3% per year
Property Tax€1,050/year
Transaction Costs7-8% of property price
Expected ROI8% annually
Economic Growth ImpactStable, benefits from tourism and local businesses

Autun FAQ

  • What factors influence real estate prices in Autun?

    Real estate prices in Autun are influenced by a variety of factors, including location, historical significance, and local amenities. Properties situated near the historic sites, such as the Roman theatre and the Saint-Lazare Cathedral, tend to command higher prices due to their appeal to both tourists and locals. The town's location in Burgundy, known for its scenic countryside and wine production, adds to the desirability of living in the area. Additionally, the availability of local services, such as schools, healthcare facilities, and shopping centers, impacts prices; homes near well-rated schools or vibrant commercial areas are often more valuable. Another consideration is the state of the economy and employment opportunities in the region, as a solid job market can drive demand for housing. Lastly, factors such as property condition, size, and unique features, like gardens or historical architecture, further differentiate prices within Autun's real estate market.

  • How have property prices changed in Autun over the past few years?

    Over the past few years, property prices in Autun have seen a notable increase, reflecting broader trends in rural French real estate markets. According to local real estate listings, the average price for a house has risen from approximately €120,000 in 2019 to around €150,000 in 2023. This 25% rise can be attributed to several factors, including an influx of buyers seeking affordable properties in picturesque regions post-pandemic. For instance, properties near the historic center, which were previously priced around €130,000, are now fetching closer to €170,000, while renovations of older homes have also driven up values. Additionally, the appeal of Autun's rich history and natural surroundings has attracted interest from both domestic and foreign investors, potentially impacting availability and pricing dynamics in the local market.

  • What is the average price per square meter for homes in Autun?

    The average price per square meter for homes in Autun is approximately €1,200 to €1,500, depending on the property's location and condition. In the historic center, where many charming stone houses can be found, prices tend to skew higher, often reaching around €1,800 per square meter. In more suburban or rural areas surrounding Autun, the price can drop to around €1,000 per square meter, reflecting the less urbanized environment. For instance, a 100-square-meter house in the town center might be listed for €180,000, while a similar-sized home in a quieter neighborhood could sell for around €100,000. Overall, the real estate market in Autun offers a range of options, with variation largely influenced by proximity to amenities and the age of the property.

  • Are property prices in Autun higher in certain neighborhoods?

    Property prices in Autun can vary significantly depending on the neighborhood. In general, areas closer to the historic center, such as around the Place de la République and the Cathedral of Saint-Lazare, tend to have higher prices due to their appeal to tourists and their picturesque architecture. In contrast, neighborhoods on the outskirts, like those near the Parc des Combes, often feature more affordable housing options, appealing to families and those seeking larger homes with gardens. Additionally, the Rue de Montceau, known for its vibrant community and local amenities, can command higher prices compared to less developed areas. Factors such as proximity to schools, parks, and shopping facilities also influence the price dynamics in these neighborhoods.

  • How do seasonal trends affect real estate prices in Autun?

    Seasonal trends in Autun significantly influence real estate prices due to its geographical and climatic characteristics. In the spring and summer, the demand tends to rise as buyers are attracted by the pleasant weather and the blooming landscapes, making properties more appealing. This increase in demand can lead to higher prices, especially for homes near historical sites or those with outdoor spaces. Conversely, during the autumn and winter months, particularly around the holidays, the market experiences a downturn. Many potential buyers postpone their searches due to harsher weather or holiday commitments, which can lead to a dip in prices. For instance, properties that have been on the market for several seasons may see price reductions as sellers become more eager to close deals before the year ends. Additionally, factors such as local events like the Fête de la St. Julien in September can cause short-term fluctuations; homes in proximity to these events may see a temporary spike in interest and therefore, price.

  • What is the typical price range for apartments in Autun?

    In Autun, the typical price range for apartments varies based on size, location, and condition. Studio apartments can generally be found for around €30,000 to €60,000, while one-bedroom apartments are priced between €60,000 and €100,000. For larger options, two-bedroom apartments often range from €100,000 to €150,000, depending on their proximity to the city center and local amenities. Historic buildings or properties with unique architectural features may command higher prices, sometimes exceeding €200,000. Rental prices are also varied, with one-bedroom apartments typically leasing for around €350 to €500 per month, while larger spaces can go for €600 or more, again influenced by location and condition.

  • What types of properties tend to be the most expensive in Autun?

    In Autun, properties that tend to be the most expensive are often those located in the historic center, where charm and character are paramount. These properties typically feature well-preserved, traditional French architecture, including stone facades and intricate detailing. For instance, a restored 18th-century townhouse may command higher prices due to its historical significance and proximity to cultural landmarks like the Saint-Lazare Cathedral and the Roman Theatre. Additionally, larger homes with expansive gardens or views overlooking the surrounding hills are also sought after, particularly those in prestigious neighborhoods such as Les Templiers. Another factor contributing to higher property values is the presence of modern amenities, such as renovated interiors or energy-efficient installations, which are increasingly attractive to buyers looking for both comfort and sustainability.

Other property types in Autun