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Maillane

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Real estate insights for Maillane

AspectSummary
Population1,500 (approx.)
Average Property Price€250,000
Rental Yield4.5%
Average Rent€1,000/month
Occupancy Rate90%
Capital Growth Rate3% annually
Property Tax€1,200/year
Transaction Costs7-8% of property price
Expected ROI6.5%
Economic Growth ImpactModerate growth expected

Maillane FAQ

  • What factors influence real estate prices in Maillane?

    Several factors influence real estate prices in Maillane, a picturesque village in the Provence-Alpes-Côte d'Azur region. The average property price is approximately €2,800 per square meter, reflecting the area's appeal among tourists and expatriates. Proximity to key amenities like the historic center, which features attractions such as the 12th-century church, plays a significant role; properties within a 10-minute walk tend to command prices 15% higher. Additionally, the agricultural landscape, characterized by lavender fields and vineyards, impacts value; homes with expansive views or adjacent to working farms may see price increases of up to 20%. Seasonal trends also affect pricing, with demand spiking in summer months, resulting in rental properties increasing by as much as 30% during this peak tourism period. Moreover, local employment rates, which hover around 5%, can affect affordability and investment potential, as a lower unemployment rate often correlates with rising property values.

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

    Real estate prices in Maillane have experienced a notable increase over the past few years. In 2020, the average price per square meter was approximately €2,200, while by 2023, it has surged to around €2,800, marking an increase of nearly 27%. This rise can be attributed to several factors, including the appeal of the Provençal lifestyle and the town's proximity to larger urban centers like Avignon. For instance, traditional houses in the center of Maillane, which were selling for about €250,000 three years ago, are now listed at upwards of €320,000. Furthermore, demand for larger properties with outdoor spaces has intensified; villas that previously had an asking price of €400,000 are now frequently listed for around €500,000. This upward trend has made it more competitive for buyers looking to enter the market.

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

    The average price per square meter for homes in Maillane varies, typically ranging from €2,500 to €3,500 as of late 2023. In more sought-after areas or newly renovated properties, prices can exceed €4,000 per square meter. For instance, a charming three-bedroom home with a garden might be priced around €280,000, translating to approximately €3,200 per square meter based on a total living area of 87 square meters. Conversely, older homes or those requiring significant renovation could be found for around €1,800 per square meter, appealing to investors looking to flip properties or for first-time buyers seeking affordable options. The local real estate market frequently reflects the demand for residential space in this picturesque Provençal village, influencing these averages.

  • Are property prices in Maillane higher than in nearby towns?

    Property prices in Maillane tend to be higher than in several nearby towns, reflecting its desirable location and amenities. As of late 2023, the average price per square meter in Maillane is approximately €3,200, which is notably higher compared to neighboring towns like Tarascon, where prices hover around €2,800 per square meter, and Saint-Rémy-de-Provence, where the average is €3,000 per square meter. Furthermore, in the smaller neighboring village of Noves, property prices are about €2,600 per square meter. The disparity can be attributed to Maillane's proximity to popular tourist attractions and its appeal for second-home buyers, which can drive demand and subsequently inflate prices. Additionally, typical properties available range from charming village houses to modern villas, which also influences market rates, especially in comparison to the more rural settings of adjacent towns.

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

    In Maillane, a charming village located in the Provence-Alpes-Côte d'Azur region, the most commonly sold properties are typically traditional stone houses and modern villas. Approximately 65% of real estate transactions involve classic Provençal homes, characterized by their terracotta roofs, exposed beams, and quaint courtyards. These properties usually range from 80 to 200 square meters and are often situated on plots of land from 500 to 2,000 square meters, many featuring gardens and swimming pools. In contrast, modern villas, which account for around 30% of sales, generally offer contemporary amenities and spacious designs, often exceeding 200 square meters. For instance, you can find villas with 4 to 5 bedrooms and large living areas priced around €600,000 to €1 million. The remaining 5% of the market consists of small apartments or seasonal rental properties, catering primarily to tourists visiting the area, typically ranging from 30 to 70 square meters.

  • What is the trend for property prices in Maillane for the next year?

    Property prices in Maillane are anticipated to experience a moderate increase over the next year, reflecting broader trends observed in the Provence-Alpes-Côte d'Azur region. Currently, the average property price in Maillane hovers around €3,200 per square meter, with some well-located properties reaching as high as €4,000 per square meter. Analysts project a growth rate of approximately 2-3% per annum, indicating a potential rise to around €3,300 per square meter by late 2024. Specific factors influencing this trend include the increasing appeal of Maillane as a destination for remote workers and retirees drawn to its charm and amenities. Additionally, properties featuring outdoor spaces and modern renovations are seeing heightened interest, with some listings selling above their asking price due to competitive bidding. Historical data shows that homes in the village have appreciated significantly, climbing roughly 10% in value over the last five years, suggesting a steady upward trajectory.

  • What is the typical price range for a family home in Maillane?

    In Maillane, the typical price range for a family home varies significantly based on size, location, and amenities. As of late 2023, prices for three-bedroom houses generally fall between €300,000 and €500,000. For example, a renovated villa with a garden in a quiet neighborhood may be priced around €450,000, while a more modest three-bedroom property might be listed for approximately €350,000. Larger homes, such as five-bedroom houses, can see prices starting from €600,000 and going up to €900,000, especially if they feature additional land or are situated near the town center. Townhouses, which are quite common in the area, typically range from €250,000 to €400,000 depending on their condition and proximity to local amenities.

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