Property for sale in Hendaye

Real estate prices in Hendaye are influenced by several key factors, including location, property type, and market demand. The proximity to the beachfront significantly contributes to higher prices, with properties along the coastline often exceeding €5,000 per square meter, while those located further inland can range from €3,000 to €4,000 per square meter. Another critical factor is the local amenities and services, such as schools and public transport; for instance, a family home situated near top-rated schools or the train station connecting Hendaye to Bayonne may command a premium, sometimes upwards of €450,000 for a three-bedroom home. Seasonal variations also affect pricing—during peak summer months, listings see increased demand, which can lead to price hikes of around 10-15%. Additionally, the presence of tourist infrastructure, including hotels and restaurants, can raise the desirability of certain neighborhoods, driving prices higher, particularly in areas close to the marina or historical sites. Overall, these elements interplay to shape the real estate landscape in Hendaye.

Over the past few years, real estate prices in Hendaye have seen a significant rise, reflecting broader trends in the Nouvelle-Aquitaine region. From 2018 to 2023, the average price per square meter for apartments increased from about €2,800 to approximately €3,500, marking an increase of nearly 25%. In the same period, single-family homes also reported a substantial hike, with prices moving from an average of €3,000 per square meter to around €4,200. High demand for properties close to the beach and the Spanish border has driven prices up, with some upscale coastal properties now selling for over €6,000 per square meter. For instance, a beachfront apartment that was valued at €400,000 in 2020 is now listed at €550,000, showcasing a dramatic appreciation in property values.

The average price per square meter in Hendaye varies significantly depending on the location and type of property. As of late 2023, real estate prices in the town hover around €3,500 to €4,500 per square meter. Prime locations near the beach or with ocean views can reach upwards of €5,500 per square meter, while properties further from the waterfront may be priced closer to €3,000. For example, a two-bedroom apartment situated a short walk from the beach can sell for approximately €300,000, indicating a square meter price of around €4,200. Conversely, older properties or those requiring renovation might be found for as low as €2,800 per square meter. The fluctuation in prices often reflects factors such as proximity to amenities, views, and the overall condition of the property.

Real estate prices in Hendaye are generally higher than in several nearby towns, reflecting its appeal as a coastal destination. As of late 2023, the average price per square meter in Hendaye is around €3,800, while in nearby Irun, just across the border in Spain, prices average approximately €2,500 per square meter. Similarly, in the French town of Saint-Jean-de-Luz, which is 20 kilometers away, prices hover around €4,200 per square meter, putting Hendaye in the mid-range compared to its neighbors. Additionally, the proximity to the beach and the scenic views contribute to the demand; for instance, properties with direct ocean access can command upwards of €5,000 per square meter. In comparison, towns like Urrugne and Sare, located just a few kilometers inland, offer lower prices, typically between €2,800 and €3,200 per square meter, making them more affordable options for potential buyers.

In Hendaye, the most commonly bought properties are typically apartments and houses, with a significant number of buyers interested in two to three-bedroom options. According to recent market data, around 60% of the transactions involve flats, often priced between €200,000 and €400,000, particularly those with views of the Atlantic. The residential market also sees a strong demand for villas, especially those located near the beach or within the marina area, which can range from €500,000 to over €1 million, depending on the amenities and size. The influx of buyers from both local and international markets has led to an increase in new developments in the area, with approximately 30% of properties sold being newly constructed. Townhouses are also popular, especially in the old quarter, with prices commonly falling between €300,000 and €600,000.

Seasonal trends play a significant role in shaping real estate prices in Hendaye, a coastal town in the French Basque Country. During the summer months, particularly from June to August, property prices often see a marked increase, with average listings rising by 10-15% compared to winter months. This uptick is largely driven by heightened demand from tourists and second-home buyers seeking rental properties or vacation homes, with weekly rental rates for beachfront properties averaging around €2,500 in peak season. Conversely, in the offseason, particularly from November to February, prices tend to stabilize or even decline by approximately 5-10%, as the market becomes less competitive and fewer buyers are active. For instance, a two-bedroom apartment that might command €300,000 in July could see its price dip to €270,000 by January, reflecting lower demand and increased inventory. Additionally, local events, such as the Fête de la Mer in late August, can create temporary spikes in interest and pricing, as buyers look to capitalize on the vibrant local culture during these peak times.

In Hendaye, several amenities significantly influence property prices. Proximity to the beach, for instance, can increase property values by around 20% to 30%, with properties located within 500 meters of the coastline often seen priced between €400,000 and €800,000, depending on their size and condition. Access to public transport, including the Hendaye train station, can add approximately 10% to 15% to a property's price; homes near the station are typically listed between €300,000 and €500,000. Additionally, properties near local schools or cultural amenities, such as the Hendaye’s town center and its shops, can command a premium of about 5% to 10%. A well-maintained garden or outdoor space can also influence prices, as properties featuring these amenities may be priced about €20,000 to €50,000 higher than similar homes without them.