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Saint Philbert De Grand Lieu

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Real estate insights for Saint Philbert De Grand Lieu

AspectSummary
Population7,000 (approx.)
Average Property Price€250,000
Rental Yield5.5%
Average Rent€1,100/month
Occupancy Rate90%
Capital Growth Rate3% annually
Property Tax€1,200/year
Transaction Costs7% of property price
Expected ROI8% per year
Economic Growth ImpactModerate, driven by local industries

Saint Philbert De Grand Lieu FAQ

  • What factors influence real estate prices in Saint Philbert De Grand Lieu?

    Several factors influence real estate prices in Saint Philbert De Grand Lieu, a commune located in the Loire-Atlantique department. Proximity to Nantes, approximately 20 kilometers away, significantly impacts property values, as commuting ease to the urban center can attract families and professionals. Homes closer to key amenities, such as schools and healthcare facilities, often see prices higher than the average €2,200 per square meter. Historical data shows that areas near parks, such as Parc de la Loire, can command up to 10% more than similar properties lacking such green spaces. Additionally, the increase in demand following infrastructural developments, including improved public transport routes, has led to a rise in prices; for example, properties may appreciate by around €150 per square meter following the introduction of new transport links. Local market trends also indicate that newly constructed homes priced around €2,500 per square meter face significant competition from older homes, which typically range between €1,800 and €2,200 per square meter, illustrating a clear differentiation based on property age and condition.

  • How have real estate prices changed over the past year in Saint Philbert De Grand Lieu?

    Over the past year, real estate prices in Saint Philbert De Grand Lieu have seen a notable increase, with the average price per square meter rising from approximately €2,300 to around €2,500. This represents a year-over-year growth of about 8.7%. In the residential sector, single-family homes have also surged in value; for example, a typical three-bedroom house that was listed for €250,000 last year is now averaging around €272,000. Similarly, properties near the town center, which previously saw prices at €2,600 per square meter, have climbed to €2,800. Additionally, the demand for larger properties with outdoor spaces has intensified, pushing prices for such homes even higher, with some exceeding €500,000, particularly for properties with significant land areas. Overall, these trends indicate a robust market despite broader economic conditions.

  • What is the average price per square meter for properties in Saint Philbert De Grand Lieu?

    The average price per square meter for properties in Saint Philbert De Grand Lieu typically ranges from €2,500 to €3,200. According to recent market data, residential properties such as single-family homes average around €2,800 per square meter, while newer developments may see prices closer to the higher end of the spectrum at approximately €3,000. For example, a three-bedroom house with a surface area of 100 square meters could be listed for around €280,000, while a more modern property in a sought-after location might go for €320,000 or more. Additionally, smaller apartments in the area can be found at lower price points, with averages around €2,400 per square meter, indicating a greater variety based on property type and location within the town.

  • Are property prices in Saint Philbert De Grand Lieu higher than in neighboring areas?

    Property prices in Saint Philbert De Grand Lieu typically range between €2,000 and €2,500 per square meter, which is relatively competitive compared to neighboring areas like Nantes and La Roche-sur-Yon. In particular, while Nantes, only about 25 kilometers away, has average prices approximately €3,500 per square meter, Saint Philbert offers a more affordable alternative for buyers seeking proximity to urban amenities without the higher price tag. Conversely, in La Roche-sur-Yon, property values average around €2,200 per square meter, making Saint Philbert marginally lower in price. Additionally, the trends in recent years show a moderate annual increase in property prices in Saint Philbert, roughly around 2% to 3%, influenced by its appealing local amenities and transport connections, which might be contributing to its growing popularity among homebuyers.

  • What type of properties are most commonly available in Saint Philbert De Grand Lieu?

    In Saint Philbert De Grand Lieu, the property market predominantly features single-family homes, with a typical average price ranging from €250,000 to €350,000 for houses with three to five bedrooms. Many of these properties boast gardens and spacious living areas, often situated in quiet residential neighborhoods. For instance, a three-bedroom house might offer around 90 to 120 square meters of living space, while four to five-bedroom homes can exceed 150 square meters. Additionally, there are a few apartments available, particularly in the central area, with prices generally between €150,000 and €200,000 for two to three-bedroom units. The local market also includes older properties that may require renovation, which can attract buyers looking for a project, often starting at around €180,000.

  • How do seasonal trends affect real estate prices in Saint Philbert De Grand Lieu?

    Seasonal trends significantly influence real estate prices in Saint Philbert De Grand Lieu, as evidenced by fluctuations in demand throughout the year. Generally, the spring and early summer months, from March to June, see a surge in buyer activity, with properties often fetching up to 10% more compared to the winter months when demand is lower. For instance, in May 2022, the average price per square meter rose to approximately €2,200, while in January 2023, it dipped to around €1,900. This trend continues into autumn; however, by late autumn and winter, many buyers tend to pause their search, leading to potential price reductions of around 5% to 8% as sellers may lower asking prices to attract buyers. Notably, the local market in Saint Philbert De Grand Lieu also experiences an uptick in leasing activity during summer months, as families look for rental properties before the school year, resulting in higher rental prices, sometimes reaching up to €1,000 per month for a three-bedroom home, compared to €850 in the off-peak winter period.

  • What are the predictions for real estate prices in Saint Philbert De Grand Lieu for the next few years?

    Real estate prices in Saint Philbert De Grand Lieu are anticipated to rise steadily over the next few years, reflecting broader trends in the Loire-Atlantique region. Current property values in the area are around €2,200 per square meter, with projections indicating an increase of approximately 4-5% annually. This would place the average price per square meter at around €2,400 by 2025. The demand is being driven by the town's proximity to Nantes, its appealing local amenities, and the growing interest in suburban living post-pandemic. Specific developments, such as new residential projects like "Les Jardins de Philbert," which offers a range of homes targeted at families, may further bolster prices. Additionally, infrastructure improvements, such as enhanced public transport links and new schools, are likely to support this upward trend, making the area more attractive to potential buyers.

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