Oh, the French do like to be beside the sea... and west is best
Atlantic seaside resorts are rivalling the Riviera for growth in house prices, new figures show.
While prices have risen only modestly in most of rural France, almost every coastal community is more expensive this year than last, according to figures from the Notaires de France. The hottest spot at the moment is St-pierre d’oléron, capital of Ile d’oléron off the Charente-maritime coast, where house prices have risen by more than 22% in the last year. An average house still costs less than half of what you would pay on the island’s more celebrated neighbour, the Ile de Ré off La Rochelle, however.
Further south on the Atlantic coastline, prices have jumped by 17% in chic Lège-cap-ferret, on the edge of the desirable Arcachon basin, and by more than 10% in Biarritz. There have been more modest rises on the Riviera, an exception being Hyères where houses are 13% more expensive than they were a year ago.
St-tropez remains the most expensive resort in France, with the average house costing an eye-watering €2.6m.
In Brittany, the price of an average house in the historic port of St-malo has jumped by 15% in the past year to top €280,000 while Plerin, a seaside resort along the coast near St-brieuc, has seen a 13% price hike.
However, British buyers have traditionally sought more affordable property inland. For example, an average house in Rostrenen, a small town in central Brittany, costs just €47,000, almost a quarter of what you would pay in the seaside resort of Plérin, an hour’s drive away.
Colourful beach huts on Ile d’oléron