France

Saint Ambroix

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Real estate insights for Saint Ambroix

AspectSummary
PopulationApprox. 3,000 residents
Average Property Price€150,000
Rental Yield4-6%
Average Rent€600/month
Occupancy Rate85%
Capital Growth Rate2-3% annually
Property TaxAround 1.5% of property value
Transaction Costs7-8% of property price
Expected ROI6-8% per year
Economic Growth ImpactModerate impact due to local tourism and agriculture

Saint Ambroix FAQ

  • What factors influence real estate prices in Saint Ambroix?

    Real estate prices in Saint Ambroix are influenced by several key factors, including location, property type, and local amenities. For instance, according to recent listings, the average price per square meter for residential properties in the town hovers around €1,800, while homes in more desirable areas, closer to the town center, can demand upwards of €2,200 per square meter. The historic appeal of Saint Ambroix, characterized by its charming old town and proximity to natural attractions like the Cévennes National Park, also plays a significant role; properties with scenic views or outdoor space, such as a small vineyard or garden, typically attract higher prices. Additionally, economic factors such as regional unemployment rates and local infrastructure improvements, like new road developments or public transport enhancements, can further amplify or suppress property values. For example, areas recently experiencing upgrades to community facilities, including parks and schools, have seen price increases of about 10-15% in the past year.

  • How have property prices in Saint Ambroix changed over the past year?

    Over the past year, property prices in Saint Ambroix have experienced a notable increase, reflecting broader trends in the region. According to local real estate reports, the average price per square meter for residential properties rose from approximately €1,600 in October 2022 to about €1,850 in October 2023. This represents a growth of around 15.6%. In specific neighborhoods, such as the historic town center, prices saw even steeper increases, with some listings reaching as high as €2,100 per square meter. Additionally, properties with renovation potential were particularly sought after, leading to bidding wars that pushed final sale prices up by 10% to 20% over initial asking prices. The demand for holiday homes in the area also contributed to this rise, with some charming cottages and villas seeing price hikes of 25% or more compared to the previous year.

  • What is the average price of a home in Saint Ambroix?

    In Saint Ambroix, the average price of a home typically ranges from €150,000 to €250,000. The price can vary significantly based on property size and location. For example, a small two-bedroom apartment in the town center might be listed around €130,000, while a larger three-bedroom house with a garden on the outskirts can sell for approximately €220,000. Properties that require renovation often come at a lower price point, sometimes around €100,000, whereas newly built villas can exceed €300,000. The real estate market here is influenced by seasonal fluctuations, with prices often seeing a slight uptick in the summer months when demand increases.

  • Are property prices in Saint Ambroix higher than in nearby towns?

    Property prices in Saint Ambroix are generally lower than in nearby towns like Alès and Uzès. For instance, in Saint Ambroix, the average property price is around €1,500 per square meter, whereas in Alès, it rises to approximately €1,800 per square meter. Uzès sees even higher prices, averaging about €3,000 per square meter. This discrepancy can be attributed to several factors, including Saint Ambroix's more rural setting and less demand compared to the more tourist-heavy Uzès. Properties in Saint Ambroix, such as a typical three-bedroom house, can be found for around €150,000, while similar homes in Alès or Uzès can easily exceed €200,000 or more, reflecting the regional divergence in the property market.

  • What types of properties are most commonly sold in Saint Ambroix?

    In Saint Ambroix, the real estate market is characterized by a diverse range of properties, with a notable presence of traditional stone houses, often dating back to the 18th and 19th centuries. Approximately 60% of the properties sold are single-family homes, which typically range from 100 to 200 square meters in size. These homes are often situated on plots of land averaging around 1,000 square meters. Additionally, there is a small yet significant market for charming rural gîtes, comprising about 20% of sales, catering to the tourism sector and offering potential rental income. Prices for these properties generally fluctuate, with traditional homes selling between €200,000 and €350,000, while gîtes can range from €150,000 to €250,000. There is also a growing interest in modern villas, making up about 15% of sales, particularly those with contemporary amenities and energy-efficient features. These properties usually start at around €300,000 and can exceed €500,000 for larger, more luxurious options.

  • Is it a good time to buy property in Saint Ambroix?

    In 2023, the property market in Saint Ambroix, a commune in the Gard department of France, has shown a mix of trends that potential buyers might find intriguing. The average property prices in the area hover around €1,400 to €1,800 per square meter, which remains relatively affordable compared to larger cities like Nîmes or Montpellier, where prices can exceed €3,000 per square meter. Moreover, the rental yields in Saint Ambroix are reported to be around 5% for long-term rentals, making it an appealing option for investors. The region has experienced a slight increase in demand due to its picturesque environment and proximity to the Cévennes National Park, attracting both local residents and foreign buyers. Some specific listings show charming two-bedroom houses priced around €150,000, while more expansive three-bedroom homes range from €200,000 to €250,000. Additionally, growth in tourism has created a potential market for short-term rentals, offering another layer of consideration for buyers.

  • Do property prices in Saint Ambroix vary by neighborhood?

    Property prices in Saint Ambroix do vary significantly by neighborhood, reflecting both the characteristics of the areas and their proximity to amenities. For instance, in the historic center, homes generally command higher prices, averaging around €1,800 per square meter, due to their charm and proximity to shops and cafes. In contrast, neighborhoods on the outskirts, such as those near the river, can see prices drop to approximately €1,200 per square meter, appealing to buyers seeking quieter locations. Additionally, properties requiring renovation in less sought-after areas might be listed as low as €800 per square meter. Newer developments, particularly in the areas with better access to schools and public transport, show prices around €2,200 per square meter, indicating a premium for modern amenities. This range demonstrates a clear disparity in property values depending on the specific locale within Saint Ambroix.

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