France

Murs

Location

Price Range

Any price

Property type

Show all

Bedrooms

Any beds

Surface Range

Any surface

Sale type

For sale

Property for sale in Murs

7 results

Recent

Real estate insights for Murs

AspectSummary
PopulationApproximately 14,000 residents.
Average Property Price€250,000
Rental Yield4.5%
Average Rent€1,000 per month
Occupancy Rate85%
Capital Growth Rate3% per year
Property Tax0.2% of property value
Transaction Costs7-9% of property price
Expected ROI6-8% annually
Economic Growth ImpactStable with some growth due to local development.

Murs FAQ

  • What factors influence real estate prices in Murs?

    Real estate prices in Murs are influenced by several key factors, including location, property size, and local amenities. The village, located in the Vaucluse department, has seen average property prices hover around €3,200 per square meter as of 2023, reflecting its appeal in the Provence region. Homes near the center, particularly those with gardens or historical features, can fetch up to €4,500 per square meter. Additionally, proximity to Avignon, just 30 kilometers away, affects prices; properties that offer easy access to nearby urban centers generally command a premium. Local amenities, such as schools, shops, and public transport, also play a significant role; for instance, a family home in Murs that is close to well-rated schools may sell for 10-15% more than similar properties further away. Furthermore, market trends, such as fluctuations in tourism and economic conditions in France, can impact the attractiveness and investment potential of the area, leading to variations in pricing over time.

  • How have real estate prices in Murs changed over the last year?

    Over the past year, real estate prices in Murs have seen a notable increase, reflecting trends observed throughout the Provence-Alpes-Côte d'Azur region. In 2022, the average price per square meter for properties in Murs hovered around €3,200, but as of late 2023, it has climbed to approximately €3,600. This represents a rise of about 12.5% over the year. Single-family homes have experienced more significant growth; for instance, a typical three-bedroom house that sold for around €400,000 last year is now listed at about €450,000. The demand for second homes in this picturesque village, particularly from buyers seeking the charm of the Luberon, has contributed to this price surge. Meanwhile, the average rental prices have also increased, with two-bedroom apartments moving from €850 to roughly €950 per month.

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

    As of 2023, the average price per square meter for homes in Murs, France, typically ranges between €2,500 to €3,500, depending on the property's specifics and location within the village. For instance, a charming stone house situated near the town center may command prices closer to €3,300 per square meter, reflecting its prime location and historical charm. Conversely, more modern residences on the outskirts of Murs might be priced around €2,600 per square meter, appealing to families seeking a quieter lifestyle while still being close to amenities. Properties with expansive views of the surrounding countryside can see prices spike, sometimes reaching €4,000 per square meter, particularly if they feature large plots or pools. Additionally, the real estate market can fluctuate based on current demand and economic conditions, influencing these average prices.

  • Are there specific neighborhoods in Murs with higher real estate prices?

    In Murs, certain neighborhoods exhibit notably higher real estate prices due to their desirable characteristics and proximity to local amenities. For instance, properties near the village center can command prices upwards of €3,500 per square meter, attributed to their easy access to shops, cafés, and public transport. Conversely, homes on the outskirts of Murs, where the landscape is more rural and sprawling, typically average around €2,200 per square meter. The area surrounding the picturesque olive groves and vineyards may also see price points reaching €3,200 per square meter, as they offer sought-after views and a sense of tranquility. Additionally, renovated historic homes can fetch as high as €4,000 per square meter, reflecting both their character and the investment in modern amenities.

  • How do the real estate prices in Murs compare to nearby areas?

    Real estate prices in Murs, a picturesque village in the Provence-Alpes-Côte d'Azur region, tend to be lower than those in nearby areas such as Gordes and Bonnieux, both popular tourist destinations. As of recent data, the average price per square meter in Murs is around €2,800, while in Gordes, it can reach approximately €4,500 per square meter, reflecting its higher market demand and luxury properties. Similarly, in Bonnieux, prices hover around €3,800 per square meter. The relatively lower cost of homes in Murs attracts buyers seeking a more tranquil lifestyle without sacrificing the beauty of the Luberon region. For example, a typical three-bedroom villa in Murs may list for around €350,000, whereas similar properties in Gordes might command upwards of €600,000. The price variations highlight Murs' appeal for those looking for affordability amidst stunning scenery.

  • What season sees the highest real estate prices in Murs?

    In Murs, the highest real estate prices typically occur during the summer months, particularly June through August. During this peak season, property prices can soar by as much as 15-20% compared to the winter months. For instance, a charming two-bedroom house that might be listed for around €300,000 in February can see its price escalate to approximately €360,000 by July as demand increases from holiday-makers and buyers looking to invest in vacation properties. Similarly, luxury estates near the vineyards and those with scenic views can command prices upwards of €1 million during this period, reflecting a market trend driven by both seasonal appeal and decreased inventory as more properties are sold to eager buyers.

  • Are property taxes in Murs affecting real estate prices?

    Property taxes in Murs, a quaint village in Provence, are playing a notable role in shaping real estate prices. As of recent data, the property tax rate in Murs hovers around 20% of the rental value, which is somewhat elevated compared to neighboring villages where rates are closer to 15%. This can significantly impact potential buyers' decisions. For example, a property valued at €300,000 could incur annual taxes of approximately €6,000 in Murs, while the same property in a nearby commune might incur just €4,500 in property taxes. Consequently, the higher tax burden can deter investment in Murs, leading to a modest dip in demand. This dynamic is evident as local listings show longer time frames on the market, with certain homes sitting unsold for several months, compared to more sought-after areas where properties are often snapped up within weeks, despite similar price points. Additionally, anecdotal evidence suggests that property investors looking for holiday homes are increasingly favoring areas with lower tax rates, which could further affect the price trajectory in Murs.

Other property types in Murs