Property for sale in Chartres

Over the past year, real estate prices in Chartres have experienced a notable increase. In early 2022, the average price per square meter for apartments was around €2,100, but by late 2023, this figure has risen to approximately €2,400, reflecting a growth of nearly 14%. Similarly, single-family homes, which were previously listed at an average price of €230,000, have surged to about €260,000, marking a 13% increase. Certain neighborhoods, such as Saint-Brice, have seen even steeper rises, with prices per square meter escalating from €2,300 to €2,700. The demand for properties in Chartres has been fueled by its convenient transport links to Paris, growing interest from buyers seeking a balance between urban and rural living, and a limited inventory of homes available on the market.

The average real estate prices in Chartres, France, vary depending on the type of property and its location within the city. As of late 2023, the average price per square meter for an apartment in Chartres is approximately €2,500, while houses typically average around €2,800 per square meter. In more sought-after areas, such as near the historic center or the Cathedral of Chartres, prices can escalate to €3,300 per square meter for apartments. For example, a two-bedroom apartment in the heart of the city may list for around €180,000 to €220,000, whereas a three-bedroom house in a suburban area could range from €250,000 to €350,000. These figures can fluctuate based on specific features, such as outdoor space or renovation status.

Several factors influence real estate prices in Chartres, with location being paramount. Properties situated near the historic center, for example, can command prices upwards of €3,000 per square meter, while those on the outskirts might be closer to €1,500 per square meter. The presence of amenities, such as schools, parks, and shopping districts, also plays a significant role; homes near the well-regarded Lycée Charles de Gaulle may see a price premium of around 10-20% compared to similar properties in less desirable areas. Additionally, Chartres’ proximity to Paris, about 90 kilometers away, attracts commuters, further driving up demand and consequently prices. Economic stability in the region, reflected in an unemployment rate that hovers around 5%, also contributes to housing market health, encouraging investment in real estate. Lastly, market trends indicate that while the average price per square meter has risen by approximately 4% over the last year, specific neighborhoods, especially those undergoing renovation, may experience even sharper increases.

Chartres, located about 90 kilometers southwest of Paris, is often viewed as an affordable place to live when compared to the capital. The cost of living in Chartres generally reflects lower average housing prices; as of 2023, the price per square meter for an apartment in the city center hovers around €2,000, while outside the center, it dips to approximately €1,500. For renters, a one-bedroom apartment in the city center can be found for about €600 per month, whereas the same apartment outside the center might be around €500. Utility costs are also relatively low, averaging between €100 and €150 monthly for a standard apartment. Additionally, the local transportation is affordable, with a monthly public transport pass costing about €30. When it comes to daily expenses, groceries in Chartres tend to be cheaper than in Paris, with a meal at an inexpensive restaurant priced at around €15.

In Chartres, the most common types of properties include historic stone houses, contemporary apartments, and charming townhouses. Approximately 60% of the housing stock consists of traditional single-family homes, many of which date back to the 18th and 19th centuries, showcasing the town's rich architectural heritage. The average price for these stone houses tends to range from €200,000 to €400,000, depending on the size and location, particularly those located near the city center. In contrast, modern apartments, particularly in newly developed areas, comprise around 30% of available properties, with prices typically falling between €150,000 and €250,000 for two-bedroom units. Townhouses make up the remaining 10% and usually feature small gardens, with sale prices averaging around €180,000. The blend of these property types reflects both the historical significance and the evolving lifestyle of Chartres residents.

Real estate prices in Chartres are notably lower than in several nearby cities, making it an attractive option for potential buyers. As of late 2023, the average property price in Chartres is around €2,100 per square meter, whereas in the capital region of Tours, prices exceed €2,800 per square meter. Additionally, in the more upscale city of Orleans, the average price is approximately €3,000 per square meter, highlighting a significant price differential. Even smaller towns like Dreux, located just 30 kilometers away, report an average of €2,500 per square meter, which is still higher than Chartres. The rental market also reflects this trend; while Chartres sees average monthly rents of about €12 per square meter, nearby cities often command higher rates, with Orleans reaching €14.50 per square meter. The data illustrates a clear distinction in real estate affordability between Chartres and its neighboring competitors.

In Chartres, property tax rates can vary significantly depending on the municipality and type of property. The major components of property taxes in France include the taxe foncière, which is paid by property owners, and the taxe d'habitation, primarily charged to occupants. As of the most recent assessments, the taxe foncière rate in Chartres is approximately 21.25% for built properties and around 10.25% for undeveloped land. For example, a property valued at €150,000 may incur a taxe foncière of around €3,188 annually. Additionally, the taxe d'habitation rate has been gradually phasing out for primary residences due to recent reforms, with many residents experiencing a reduction or elimination of this tax altogether in 2023. However, secondary residences might still be subjected to rates close to 10%. Overall, property owners in Chartres should expect to budget several thousands of euros per year for these taxes.