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Excideuil

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Real estate insights for Excideuil

AspectSummary
PopulationApproximately 1,500 residents.
Average Property PriceAround €200,000.
Rental YieldEstimated at 5%.
Average RentAbout €800 per month.
Occupancy RateApproximately 90%.
Capital Growth RateAverage of 3% annually.
Property TaxAround €1,200 annually for average property.
Transaction CostsEstimated at 7% of property price.
Expected ROIAround 8-10% when considering rental income.
Economic Growth ImpactStable, with local industries supporting the economy.

Excideuil FAQ

  • Are prices in Excideuil higher or lower compared to nearby towns?

    In Excideuil, prices tend to be lower compared to nearby towns like Périgueux and Brantôme. For instance, a typical meal at a local café in Excideuil may cost around €12, while the same meal could easily reach €15 or more in Périgueux, which is a larger city and tourist hotspot. Additionally, housing costs in Excideuil generally reflect more affordable rates; renting a modest apartment could be around €450 per month, whereas similar accommodations in Brantôme might demand upwards of €600. Grocery prices also show a discrepancy, with some local markets in Excideuil offering fresh produce at prices that are approximately 10-15% lower than those found in the more commercialized areas of the nearby towns.

  • What factors influence real estate prices in Excideuil?

    Real estate prices in Excideuil, a charming commune in the Dordogne department, are influenced by several key factors. One significant element is the area's natural beauty and rural charm, attracting buyers seeking a peaceful countryside lifestyle. The proximity to the popular tourist region of the Périgord Noir, known for its historical sites and outdoor activities, further drives demand. Additionally, local amenities, such as schools, shops, and medical facilities, play a crucial role; properties near these amenities often command higher prices. Another factor is the historical significance of Excideuil, where the presence of a medieval chateau adds appeal and can elevate property values. Seasonal fluctuations also impact prices, with the summer months seeing increased interest from holidaymakers and second-home buyers. Lastly, economic conditions, including interest rates and employment opportunities in nearby towns, affect affordability and demand for real estate in the area.

  • How have real estate prices in Excideuil changed over the past year?

    Over the past year, real estate prices in Excideuil have seen a noticeable increase, reflecting broader trends in the Nouvelle-Aquitaine region. According to local listings, the average price per square meter for homes has risen by approximately 7%, with properties positioned in the town center experiencing an even steeper rise. For instance, a charming three-bedroom house that was once listed at around €150,000 is now seeing offers close to €160,000 or more, driven by interest from both local buyers and those relocating from larger cities seeking a quieter lifestyle. Additionally, the demand for holiday homes has surged, pushing prices for properties with scenic views or proximity to outdoor attractions higher than previous years. Overall, Excideuil's growing appeal continues to shape its real estate landscape.

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

    The average price per square meter for homes in Excideuil typically ranges from around €1,200 to €1,500, depending on various factors such as property type and location within the town. For instance, a charming stone house in the town center may command prices closer to the higher end of this range, while a more rural property with land may be priced lower. Additionally, properties that showcase modern amenities or recently renovated interiors tend to be on the pricier side, while older homes in need of updates could fall below the average. Recent listings have shown studios or smaller apartments averaging about €1,000 per square meter, while larger family homes can exceed €1,600 per square meter if situated in desirable areas with picturesque views and easy access to local amenities.

  • What types of properties are most commonly found in Excideuil, and how does this affect prices?

    In Excideuil, the real estate landscape is characterized predominantly by charming stone houses and traditional farmhouses, which reflect the region's rural heritage. Many of these properties boast features such as exposed wooden beams, terracotta tiles, and spacious gardens, appealing to both local buyers and those seeking a vacation home. The price of these properties can vary significantly, with smaller two- to three-bedroom homes typically ranging from €120,000 to €200,000, while larger, renovated farmhouses with more land can command prices exceeding €300,000. Additionally, there are opportunities for renovation projects, often available at lower price points, which attract investors and DIY enthusiasts looking for property with potential. The appeal of the surrounding natural landscape and proximity to amenities in towns like Excideuil contributes to stable demand, influencing overall property pricing in the area.

  • How do the amenities and services in Excideuil impact property values?

    The amenities and services available in Excideuil significantly influence property values in the area. Access to local markets, such as the weekly farmers' market, adds a unique appeal for residents seeking fresh produce and artisanal products, which can drive up demand for homes nearby. Additionally, the presence of schools, parks, and recreational facilities enhances the desirability of the neighborhood for families, often resulting in higher property prices. Excideuil's historical charm, characterized by well-preserved architecture and local festivals, further attracts buyers interested in a vibrant community atmosphere. On the other hand, properties located farther from essential services, such as healthcare or grocery stores, may experience stagnant or decreased values, reflecting the premium placed on convenience in the property market.

  • What is the potential for property value appreciation in Excideuil?

    Excideuil, situated in the picturesque Périgord region of Nouvelle-Aquitaine, presents notable potential for property value appreciation, driven by several factors. The town's charm, characterized by medieval architecture and a tranquil lifestyle, attracts not only local buyers but also individuals looking to invest in second homes or retire in a scenic locale. The proximity to larger urban centers, such as Périgueux and Limoges, enhances its appeal, as these cities offer increased employment opportunities and amenities. Additionally, recent investments in local infrastructure, such as road improvements and enhanced public services, have further bolstered Excideuil's accessibility and desirability. Moreover, the tourism sector in the Périgord region, famed for its rich history and natural beauty, promotes rental opportunities, thereby creating a stable demand for residential properties. Properties with historical significance or those near popular tourist attractions, like the Château d'Excideuil, may see particularly strong appreciation as interest in the area grows.

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