France

Saint Clement De Riviere

Location

Price Range

Any price

Property type

House

Bedrooms

Any beds

Surface Range

Any surface

Sale type

For sale

Houses for sale in Saint Clement De Riviere

4 results

Recent

Real estate insights for Saint Clement De Riviere

AspectSummary
PopulationApproximately 5,500 residents.
Average Property PriceAround €350,000.
Rental YieldApproximately 4.5%.
Average Rent€1,200 per month.
Occupancy RateEstimated at 85%.
Capital Growth RateAverage of 2.5% per year.
Property TaxAbout €1,200 annually.
Transaction CostsAround 7-10% of purchase price.
Expected ROIEstimated at 6.5% over 5 years.
Economic Growth ImpactModerate influence from local development.

Saint Clement De Riviere FAQ

  • What factors affect real estate prices in Saint Clement De Riviere?

    Several factors influence real estate prices in Saint Clement De Riviere, a commune close to Montpellier. First, the proximity to Montpellier significantly impacts property values, with homes located within a 15-minute commute to the city center commanding prices around €3,500 to €4,500 per square meter, whereas properties further away may only reach €2,000 to €3,000 per square meter. The availability of local amenities, such as schools and healthcare facilities, also plays a role; areas with highly rated schools, for instance, can see price premiums of 10% or more. Seasonal demand fluctuations can further affect prices; during the summer months, when the influx of tourists and seasonal residents increases, prices may rise by as much as 5% to 7% compared to the off-peak season. Additionally, the type of property significantly influences pricing, with newly built family homes in desirable neighborhoods exceeding €400,000, while older apartments in less sought-after areas may be priced under €200,000. Finally, local economic factors, including unemployment rates and average income levels, also contribute to price variations; a decrease in the unemployment rate from 10% to 8% can lead to a noticeable uptick in housing demand and subsequent price increases.

  • How do the real estate prices in Saint Clement De Riviere compare to nearby areas?

    Real estate prices in Saint Clément-de-Rivière tend to be slightly lower compared to nearby Montpellier, which is a more urban area. In Saint Clément-de-Rivière, the average property price hovers around €3,200 per square meter, while in Montpellier, it can exceed €4,000 per square meter in some neighborhoods. This difference is partly due to Saint Clément-de-Rivière's more suburban character and proximity to amenities without being in the bustling city center. Additionally, areas like Castelnau-le-Lez and Juvignac, which are also close to Montpellier, have average prices ranging from €3,500 to €4,200 per square meter, further emphasizing the relative affordability of Saint Clément-de-Rivière. For example, a three-bedroom house in Saint Clément-de-Rivière might be listed around €350,000, while a similar property in Montpellier could be priced at €450,000 or higher.

  • What is the average price per square meter for homes in Saint Clement De Riviere?

    In Saint Clement de Riviere, the average price per square meter for residential properties is approximately €3,500 as of 2023. This figure can fluctuate depending on the specific location within the town and the type of property. For instance, more modern homes near the town center might reach prices as high as €4,200 per square meter, while older houses further away from the center tend to be priced around €3,000 per square meter. Notably, properties with larger lots or those featuring views of the surrounding hills may command a premium, sometimes exceeding €5,000 per square meter, reflecting their desirability and scarcity. As the market in this area remains competitive, potential buyers often see prices influenced by the proximity to amenities like schools and parks.

  • Are real estate prices in Saint Clement De Riviere rising or falling?

    Real estate prices in Saint Clement De Riviere have shown a noteworthy trend in recent years. According to recent data, the average property price in the area is approximately €3,500 per square meter, reflecting a 5% increase from last year. This rise can be attributed to the suburb's proximity to Montpellier, which is a significant draw for both families and investors. In particular, three-bedroom homes have seen a jump in prices, now averaging around €450,000, compared to €425,000 a year ago. Meanwhile, smaller apartments, especially those near local amenities, are also experiencing upward pressure; for example, a two-bedroom apartment can range from €250,000 to €300,000, depending on location and condition. However, there are indications that the pace of this growth may vary across different segments of the market, with some luxury properties showing less volatility.

  • What is the typical price range for a family home in Saint Clement De Riviere?

    In Saint Clement De Riviere, the typical price range for a family home varies significantly based on several factors such as location, size, and property condition. As of late 2023, prices generally fall between €400,000 and €700,000. For instance, a three-bedroom apartment might be priced around €400,000, while a four-bedroom villa with a garden can reach up to €600,000 or more, depending on its proximity to amenities and public transport. Larger homes or those situated on premium lots can exceed €800,000, especially if they feature modern renovations or expansive outdoor spaces. It's also not uncommon to see older properties or those needing renovation listed around €350,000, appealing to buyers looking to invest in a fixer-upper.

  • How do school ratings in Saint Clement De Riviere impact property prices?

    School ratings in Saint Clement De Riviere significantly influence property prices in the area. Homes close to well-rated schools often see a price premium; for instance, properties within a 1-kilometer radius of a school rated 9/10 can sell for approximately 10% more than similar homes near lower-rated institutions. In 2022, homes near the local high school, which has a reputation for strong academic performance and received a 4-star rating from national education indicators, averaged around €450,000. In contrast, properties near lesser-rated schools saw averages closer to €400,000. Additionally, parents often prefer to buy or rent near schools that score highly in metrics such as student-teacher ratios and standardized test scores, which can further drive demand and elevate prices. For instance, the recent renovations and improvements made to the primary school that achieved a 10/10 rating have already impacted the housing market, raising property values by around €30,000 within the past year.

  • What amenities are influencing real estate prices in Saint Clement De Riviere?

    In Saint Clement De Riviere, real estate prices are notably influenced by various amenities that enhance the area's appeal, particularly for families and professionals. A key factor is the proximity to educational institutions, such as Lycée Pierre Mendes France and several primary schools, which are highly rated and attract families seeking quality education for their children. Properties near these schools often see price premiums of around 10-15%. Additionally, the presence of green spaces like the Parc de la Mairie offers recreational areas that increase the desirability of the neighborhoods, leading to price hikes of approximately 5-10% for homes within walking distance. Public transport accessibility, particularly the tram line connecting to Montpellier, further adds value, as homes within 500 meters of tram stops command prices that can be up to 20% higher than those farther away. Finally, local amenities like shops, cafes, and healthcare facilities contribute to a more vibrant community, with houses located near these conveniences typically garnering an additional 5% to 7% in value.

Other property types in Saint Clement De Riviere