France

Cabris

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Real estate insights for Cabris

AspectSummary
PopulationApprox. 2,200 residents
Average Property Price€450,000
Rental Yield4.5%
Average Rent€1,500/month
Occupancy Rate80%
Capital Growth Rate3% per annum
Property TaxApproximately 1.5% of property value
Transaction Costs7-8% of property price
Expected ROI8% annually
Economic Growth ImpactStable; influenced by tourism and local businesses

Cabris FAQ

  • What factors influence real estate prices in Cabris?

    Real estate prices in Cabris are influenced by several key factors, including location, property size, and regional economic conditions. For instance, properties with stunning views of the Mediterranean or proximity to the village center often command premium prices, with average listings exceeding €4,500 per square meter. The availability of essential amenities, such as schools, shops, and healthcare services, also plays a crucial role; homes near these facilities tend to sell quicker and at higher prices. Seasonal demand fluctuations contribute significantly, with tourist-related interest causing prices to spike in the spring and summer months. Additionally, the overall economic climate and investment trends in the Alpes-Maritimes department can affect buyer confidence and the overall demand for luxury properties, which typically range from €600,000 for smaller villas to several million euros for expansive estates with large grounds.

  • How have real estate prices in Cabris changed over the past few years?

    In Cabris, real estate prices have seen a notable increase over the past few years, reflecting a broader trend in the French Riviera region. In 2020, the average property price in Cabris was around €3,500 per square meter. By the end of 2022, this figure had risen to approximately €4,200 per square meter, marking a hike of nearly 20%. The demand has been particularly strong for villas with panoramic views; for instance, a four-bedroom villa that was listed at €650,000 in 2021 is now valued at about €800,000. Additionally, renovations and new developments have influenced the market, with several properties in the historic center fetching above €500,000, a significant uptick compared to earlier years when similar homes were priced closer to €400,000. The influx of buyers seeking secondary residences, coupled with low interest rates, has further fueled this upward trajectory in real estate prices in the area.

  • Are property prices in Cabris higher than in neighboring towns?

    Property prices in Cabris tend to be higher compared to several neighboring towns, reflecting its appealing location in the Alpes-Maritimes region. As of late 2023, the average price for a property in Cabris is approximately €4,500 per square meter, significantly above the average of €3,800 per square meter in nearby Grasse. Similarly, in the town of Spéracèdes, prices are around €3,700 per square meter, making Cabris a more expensive option for buyers. Even closer, the village of Pegomas shows an average price of about €4,000 per square meter, further illustrating the premium associated with Cabris due to its stunning views and quaint atmosphere. This price disparity can be attributed to Cabris's unique allure, with its picturesque landscapes and proximity to the more expensive towns like Cannes, where prices soar to around €6,500 per square meter.

  • What is the average price of a home in Cabris?

    The average price of a home in Cabris, a quaint village located in the Alpes-Maritimes department in France, typically ranges from €400,000 to €800,000. Properties on the lower end of the spectrum may include smaller two-bedroom apartments or older houses that require renovation, starting around €350,000. In contrast, larger villas or modern homes with panoramic views of the countryside can reach prices upwards of €1.5 million, especially those with extensive gardens and luxury amenities. For instance, a three-bedroom house with a swimming pool and a terrace might be listed at approximately €600,000 to €750,000, depending on its location and condition. As Cabris is popular among expatriates and those seeking a peaceful lifestyle near the Côte d'Azur, the real estate market is relatively competitive, influencing the prices further.

  • How does the seasonal market affect real estate prices in Cabris?

    The seasonal market in Cabris significantly influences real estate prices, particularly during the summer months when tourist activity peaks. In 2022, properties in the region saw an increase in prices by approximately 15% from April to August, driven largely by demand from seasonal residents and investors looking to capitalize on the holiday rental market. For instance, a three-bedroom villa that might have been valued at €500,000 in the off-peak season can command upwards of €575,000 by July, reflecting the heightened interest. Additionally, listings tend to sell much faster in the summer, with average days on the market dropping from 90 days in January to around 30 days in June. The influx of buyers also leads to competition, further pushing prices higher; for example, a modest apartment near the town center could see its asking price rise from €250,000 to €290,000 as summer approaches. This cyclical trend underscores the direct correlation between seasonal tourism and real estate market dynamics in Cabris.

  • What types of properties have the highest prices in Cabris?

    In Cabris, the highest property prices are typically associated with luxury villas that offer panoramic views of the surrounding countryside and the Mediterranean Sea. Properties in this category often exceed €1 million, with some exceptional estates reaching upwards of €3 million, particularly those with extensive grounds and upscale amenities like swimming pools, gardens, and tennis courts. For instance, a five-bedroom villa with approximately 350 square meters of living space and stunning vistas can command prices around €1.5 million. Additionally, properties that feature historical architecture or unique design elements, as well as those situated in prime locations near the village center, also attract premium pricing, with some listings approaching €2 million for nearly 300 square meters of living space. Farmhouses that have been renovated with modern luxuries while retaining their rustic charm can range between €800,000 and €1.2 million, particularly if they include large plots of land or additional guest accommodations.

  • Are there any upcoming developments that may impact property prices in Cabris?

    Cabris, a charming village in the Alpes-Maritimes, is poised to experience several developments that could impact property prices in the area. The local government has approved a new luxury residential project that includes 60 high-end apartments, projected to complete by 2025. This development is expected to elevate the average property price in Cabris, which currently stands at approximately €3,500 per square meter, potentially increasing it by 10-15%. Additionally, improvements to local infrastructure, including upgraded road access to the A8 motorway, are scheduled for completion in 2024, which could enhance connectivity and attractiveness to buyers seeking the tranquility of rural living without sacrificing urban accessibility. The planned expansion of the local amenities, including a new supermarket and recreational facilities, is also set to attract families, further influencing property demand and price stability.

Other property types in Cabris