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Boulazac Isle Manoire

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Real estate insights for Boulazac Isle Manoire

AspectSummary
PopulationApprox. 15,000 residents
Average Property Price€250,000
Rental Yield4.5%
Average Rent€1,200/month
Occupancy Rate85%
Capital Growth Rate3% annually
Property Tax€850/year (approx.)
Transaction Costs7.5% of purchase price
Expected ROI7% per annum
Economic Growth ImpactModerate growth due to local development

Boulazac Isle Manoire FAQ

  • What are the current average real estate prices in Boulazac Isle Manoire?

    As of 2023, the average real estate prices in Boulazac Isle Manoire hover around €1,600 per square meter. Prices for apartments tend to range from €80,000 to €150,000, depending on the size and location within the area. For example, a two-bedroom apartment in the town center may sell for approximately €130,000, while a similar property in a more residential neighborhood might be listed for around €110,000. Detached houses vary significantly, with smaller homes generally starting around €200,000, while larger properties can exceed €300,000, especially those with expansive gardens or modern amenities. Additionally, three-bedroom houses average between €220,000 and €250,000, reflecting both the growing appeal of the region and its proximity to Périgueux.

  • How have real estate prices in Boulazac Isle Manoire changed over the past year?

    Over the past year, real estate prices in Boulazac Isle Manoire have shown a notable upward trend. In 2022, the average price per square meter for residential properties was approximately €1,400, but as of late 2023, this figure has climbed to around €1,550, representing an increase of about 11%. This rise can be attributed to a combination of factors including increased demand for housing in the Dordogne region and limited inventory. Specific neighborhoods within Boulazac Isle Manoire have experienced varied changes; for example, properties in the Le Bosquet area saw an increase from €1,500 to €1,700 per square meter, while those closer to the center remained relatively stable. Additionally, the number of sales has surged, with a reported 20% increase in transactions compared to the previous year, indicating a robust market despite rising prices.

  • What factors influence real estate prices in Boulazac Isle Manoire?

    Real estate prices in Boulazac Isle Manoire are influenced by several key factors, including location, property type, and market trends. For instance, properties situated near amenities such as schools, parks, and shopping centers tend to have higher values. In 2023, residential properties in prime locations can range from €2,500 to €3,500 per square meter, while those further from the center may see prices closer to €1,500 per square meter. The overall economic environment, including employment rates in the Nouvelle-Aquitaine region and local development projects, also plays a significant role. The increase in demand for housing, particularly from families and retirees, has contributed to a steady year-on-year price increase of approximately 3% to 5%. Additionally, trends in interest rates can impact buyers' purchasing power; for example, lower mortgage rates can lead to a surge in demand and consequently drive up prices. Local government policies related to property taxes and development incentives further shape the market dynamics.

  • Are property prices in Boulazac Isle Manoire higher than in surrounding areas?

    Property prices in Boulazac Isle Manoire tend to be higher than in several surrounding areas. As of 2023, the average price per square meter for residential properties in Boulazac Isle Manoire is approximately €2,200. In comparison, nearby towns such as Trélissac have average prices around €1,900 per square meter, while Périgueux sees prices closer to €2,000. Specific neighborhoods in Boulazac, like those near the park and schools, can command prices as high as €2,500 per square meter, reflecting their desirability. Conversely, properties further from the town center or with less convenient access to amenities can be found at lower rates, sometimes dipping below €1,800 per square meter in the outskirts. Data from recent sales show a variance of up to 30% between Boulazac Isle Manoire and its neighbors, illustrating a significant difference in property valuations across the region.

  • What types of properties are most common in Boulazac Isle Manoire?

    Boulazac Isle Manoire, located in the Nouvelle-Aquitaine region of France, predominantly features a mix of residential properties, with a strong emphasis on single-family homes. Approximately 70% of the housing stock consists of detached houses, which are usually between 80 to 150 square meters in size, catering to families looking for spacious living. In addition to single-family homes, around 15% of the properties are apartments, primarily occupying modern complexes that offer two to three-bedroom units averaging 60 to 80 square meters. The area also includes a small percentage of townhouses and villas, particularly in the newer developments which can range from 120 to 200 square meters. The architectural styles vary, with a blend of contemporary designs and more traditional French styles, contributing to the overall character of the neighborhood.

  • How does the size of a property affect its price in Boulazac Isle Manoire?

    In Boulazac Isle Manoire, the size of a property plays a significant role in determining its market price. Typically, properties range from around 70 square meters for smaller homes to over 200 square meters for larger family residences. On average, a 100-square-meter apartment might be priced at approximately €150,000, while a 200-square-meter house can easily fetch upwards of €300,000 or more, depending on the location and amenities. For example, a modern three-bedroom house with a garden covering 150 square meters could be listed around €250,000, while a two-bedroom apartment in the same area, albeit smaller at 80 square meters, might be listed closer to €120,000. Additionally, properties with larger outdoor spaces, such as gardens, tend to command higher prices, sometimes adding as much as 10-20% to the overall value compared to similar-sized homes without outdoor areas.

  • What is the price range for a family home in Boulazac Isle Manoire?

    The price range for a family home in Boulazac Isle Manoire typically falls between €150,000 and €300,000. For example, a three-bedroom house with a small garden may be listed around €180,000, while larger properties, such as those with four bedrooms and more extensive outdoor space, can reach up to €250,000. More upscale homes or newly built ones might see prices closer to €300,000 or slightly above, depending on the amenities and location within the town. Historic buildings that have been renovated can also vary significantly, often starting at €200,000. Overall, the housing market tends to lean toward affordability when compared to larger French cities.

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