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Soorts Hossegor

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Real estate insights for Soorts Hossegor

AspectSummary
PopulationApprox. 4,000 residents, increases in summer.
Average Property PriceAround €7,000/m².
Rental Yield5% - 7% depending on property type.
Average Rent€1,200 - €2,500 per month, varies by location.
Occupancy Rate85% during peak season; 50% off-season.
Capital Growth RateHistorically around 4% annually.
Property TaxApproximately 1% - 1.5% of property value.
Transaction Costs7% - 10% of property price.
Expected ROI8% - 12% annualized when holding for rental.
Economic Growth ImpactBoosted by tourism and surf-related business.

Soorts Hossegor FAQ

  • What influences real estate prices in Soorts Hossegor?

    Real estate prices in Soorts-Hossegor are influenced by a combination of location, property type, and local amenities. The desirability of beachfront properties significantly drives up prices, with some waterfront homes exceeding €1 million, while attractive villas further inland might start around €600,000. Proximity to the beach can result in a price premium of approximately 30% or more compared to similar properties located further away. The seasonal tourist influx also plays a role; high-demand periods such as summer can push rental prices for holiday homes to upwards of €2,500 per week, depending on the location and amenities offered. Furthermore, the presence of established shops, restaurants, and sports facilities, such as surf schools, can enhance property values—properties near the main surf spots can be valued at 10-15% higher due to their appeal. Overall, market fluctuations, driven by factors such as tourist interest and economic conditions, further contribute to the variability of real estate prices in Soorts-Hossegor.

  • How have property prices in Soorts Hossegor changed over the past few years?

    Over the past few years, property prices in Soorts Hossegor have seen a notable increase, influenced by a combination of demand for coastal real estate and the appeal of the area as a tourist destination. For instance, in 2020, the average price for a square meter in Soorts Hossegor was around €3,800, but by 2023, this figure has risen to approximately €4,500. In some prime locations, particularly those near the beach or the lake, prices can exceed €6,000 per square meter. A recent survey indicated that detached houses in the region have experienced an average price hike of 15% year-on-year, with some properties on the market at prices reaching upwards of €1.5 million. Additionally, apartments have similarly escalated, with average prices jumping from €2,500 per square meter to about €3,200 within the same timeframe.

  • What is the average price per square meter in Soorts Hossegor?

    The average price per square meter in Soorts Hossegor varies significantly depending on the location and type of property. As of 2023, the average price hovers around €4,500 to €5,500 per square meter for residential properties in sought-after areas close to the beach or within walking distance to local amenities. For instance, prime beachfront locations can exceed €7,000 per square meter, while properties situated further inland may drop to around €3,500 to €4,000 per square meter. Recent listings have shown that luxury villas in the region can command prices upwards of €10 million, translating to more than €8,000 per square meter, especially if they offer stunning views or premium features. Conversely, smaller apartments or older properties can be found for about €3,000 to €4,000 per square meter, particularly in less tourist-heavy parts of town.

  • Are there any seasonal trends in real estate prices in Soorts Hossegor?

    In Soorts-Hossegor, real estate prices typically exhibit notable seasonal trends influenced by tourism and local demand. During the peak summer months, particularly July and August, property prices can soar, with average rental prices in beachfront areas reaching upwards of €3,000 per week for premium listings. This spike is attributed to the influx of tourists seeking holiday accommodations, driving short-term rental prices significantly higher. Conversely, prices tend to stabilize or even decline in the off-peak months, with winter rentals averaging around €1,000 to €1,500 per week. Additionally, historical data indicates that property sales peak in the spring, with transactions increasing by about 25% from March to June, while the autumn months see a dip as buyers often retreat in favor of the approaching winter. The price per square meter also reflects these seasonal trends, with average values rising from approximately €4,000 in low season to around €5,200 in high season in desirable neighborhoods closer to the ocean.

  • What types of properties are most expensive in Soorts Hossegor?

    In Soorts Hossegor, properties along the coastline and near the famous surf spots tend to be the most expensive, with prices frequently exceeding €1 million. Luxury villas with direct beach access can range from €1.5 million to over €3 million, especially those featuring modern amenities and large gardens. Properties in the sought-after neighborhoods, such as "Le Centre" and "Les Estagnots", are particularly desirable, with average prices around €700,000 for smaller homes and condominiums. Additionally, waterfront apartments with spectacular ocean views are priced between €400,000 and €1.2 million, depending on their size and proximity to local shops and restaurants. Homes in the area often command high rental yields, adding to their market value.

  • How do prices in Soorts Hossegor compare to nearby towns?

    Prices in Soorts Hossegor tend to be higher than those in nearby towns such as Capbreton and Seignosse. For example, a standard meal at a mid-range restaurant in Soorts Hossegor averages around €25 per person, while a similar meal in Capbreton typically costs about €20. Rental prices also reflect this trend, with a one-bedroom apartment in Soorts Hossegor renting for approximately €900 per month, compared to around €750 in Seignosse. Grocery costs are slightly elevated as well; a liter of milk might be priced at €1.20 in Soorts Hossegor, whereas it can be found for around €1.00 in Capbreton. Additionally, local markets in Soorts Hossegor may charge €3 for a kilogram of tomatoes, compared to €2.50 in Seignosse, highlighting the price differences in everyday essentials.

  • What are the main factors driving demand for property in Soorts Hossegor?

    Several key factors are driving demand for property in Soorts Hossegor. Firstly, its prime coastal location along the Atlantic Ocean attracts both domestic and international buyers, with the area noted for its stunning beaches and world-famous surf spots, including the annual Hossegor surf competition. The region has seen an increase in property prices, with some homes fetching up to €1 million, particularly those with ocean views or proximity to the beach. Additionally, Soorts Hossegor's strong rental market appeals to investors, with average rental yields around 7% for short-term lets during the peak summer months when daily rental rates can reach €300 or more. The town's amenities, including upscale boutiques, gourmet restaurants, and cultural events, further enhance its attractiveness. The relatively mild climate and year-round tourism have contributed to a consistent demand for vacation homes, particularly among Parisians seeking weekend retreats, resulting in properties often selling within weeks of being listed.

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