France

Dieppe

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Real estate insights for Dieppe

AspectSummary
PopulationApprox. 30,000 residents
Average Property Price€250,000
Rental Yield4.5%
Average Rent€1,200/month
Occupancy Rate90%
Capital Growth Rate3% per annum
Property Tax€1,200/year
Transaction CostsAbout 7-8% of property price
Expected ROI6% before tax
Economic Growth ImpactModerate, driven by local services and tourism

Dieppe FAQ

  • What factors influence real estate prices in Dieppe?

    Real estate prices in Dieppe are influenced by several key factors, including location, property type, and market trends. Properties near the seaside, for example, tend to command higher prices, often ranging from €3,500 to €5,500 per square meter, whereas those located further inland might see prices drop to between €2,000 and €3,000 per square meter. The historical significance of Dieppe, combined with its cultural attractions and annual events, also adds to property value; homes near the city center are especially desirable. The local economy plays a role as well; the presence of industries such as tourism and fishing can affect demand, leading to fluctuations in real estate prices. Additionally, the average rental yield in Dieppe hovers around 5.5%, making it an attractive option for investors. Demographic factors, such as the influx of retirees seeking coastal living, further impact the demand, driving prices up in certain neighborhoods.

  • How do the real estate prices in Dieppe compare to neighboring areas?

    Real estate prices in Dieppe generally fall within a moderate range compared to neighboring areas like Le Havre and Rouen. As of late 2023, the average price per square meter in Dieppe is around €2,100, which is slightly lower than Le Havre's average of €2,400 per square meter and significantly less than Rouen, where prices hover around €2,800 per square meter. For example, a three-bedroom apartment in Dieppe might sell for approximately €180,000, while a similar property in Le Havre would likely be around €210,000. Detached houses in Dieppe are also more affordable, with listings averaging €250,000, compared to Le Havre's €280,000 and Rouen's €320,000 for comparable homes. The relatively lower prices in Dieppe attract buyers looking for cost-effective options along the Normandy coast.

  • What is the average home price in Dieppe?

    As of late 2023, the average home price in Dieppe, France, hovers around €220,000 to €250,000. This figure reflects a diverse housing market, with prices varying significantly based on location and property type. For instance, a three-bedroom apartment in the city center can cost around €180,000, while larger family homes with gardens in more residential areas may exceed €300,000. Additionally, properties near the waterfront or with panoramic views tend to command higher prices, often reaching upwards of €400,000. In recent months, there has been a noticeable trend in rising prices, driven partly by demand from individuals seeking secondary residences along the Normandy coast.

  • Are real estate prices in Dieppe rising or falling currently?

    Real estate prices in Dieppe have shown a noticeable upward trend over the past year. According to recent market data, the average price per square meter has increased from approximately €2,300 in early 2022 to around €2,500 by mid-2023. This equates to a year-on-year price rise of about 8.7%. Specific neighborhoods have experienced more significant fluctuations; for instance, properties in the historic city center saw an increase from €2,600 to €2,900 per square meter. In contrast, areas farther from the coastline, such as Le Pollet, reported steadier prices, hovering around €1,800 to €2,000 per square meter. The growing demand for second homes, fueled by telecommuting trends and a preference for seaside living, has contributed to these rising prices. Additionally, the rental market in Dieppe has also seen a spike, with average rents increasing by approximately 6% over the past year.

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

    Seasonal trends significantly influence real estate prices in Dieppe, with notable fluctuations that can be observed throughout the year. Typically, the summer months, especially June to September, witness a spike in demand, as tourists flock to the coastal town. During this period, property prices can increase by approximately 10-15% compared to the off-peak winter months, as buyers seek holiday homes or investment properties. For instance, in July 2022, the average price for a seaside property neared €3,500 per square meter, while in January 2023, the same properties averaged around €2,800 per square meter. Moreover, local events like the annual Dieppe Kite Festival in September also create short term price surges in nearby rental properties, often raising nightly rates by 20-30%. Conversely, during the colder months, especially from November to March, listings increase as fewer buyers are active, leading to a decrease in prices, sometimes by as much as 5-10% year-on-year. These patterns indicate that potential sellers and buyers in Dieppe must navigate a distinctly fluctuating market driven by the seasons.

  • What types of properties are most commonly sold in Dieppe?

    In Dieppe, the real estate market predominantly features a mix of residential properties, with approximately 70% of transactions involving apartments and the remaining 30% comprising houses. Many of the apartments are located in buildings dating back to the late 19th century, often boasting sea views or proximity to the beach, with average prices around €2,500 to €3,500 per square meter. In contrast, houses, which include both historic townhouses and modern villas, typically fetch higher prices, averaging between €200,000 and €450,000 depending on their size and location. For example, a three-bedroom townhouse in the city center can be found for around €250,000, while a spacious four-bedroom villa near the coast might be listed for €400,000 or more. Additionally, some properties in Dieppe cater to seasonal tourists, with a notable segment of holiday rentals available along the coastline.

  • How can I find historical data on real estate prices in Dieppe?

    To find historical data on real estate prices in Dieppe, you can start by exploring local government resources, such as the town hall or the INSEE (Institut National de la Statistique et des Études Économiques), which provides regional economic data. Websites like SeLoger or MeilleursAgents can offer historical price trends; for instance, you might find that the average price per square meter for residential properties in Dieppe was around €2,000 in 2020, which fluctuated due to market dynamics. Additionally, accessing databases like Notaires de France can give insights into transaction prices; for example, they might report that the median price for a 3-bedroom apartment in Dieppe was approximately €150,000 in 2021. Real estate platforms often publish annual reports or market analyses that detail specific neighborhoods, revealing that areas close to the waterfront experienced a price increase of 5% from 2020 to 2021, contrasting with the more stable inland sectors.

Other property types in Dieppe