Re: Price of land

Finding/Owning French Property

Price of land

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Clair 19/04/2008, 15:43
One of our neighbours has just sold a field to another agriculteur: 7ha 88a 46ca = 78846m² for €36270

The purchase price works out at €0.46/m².
Have I got this right?
Am I the only one thinking this is dirt cheap?

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Clair
Real Virtual French Person

Re: Price of land

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Albert the InfoGipsy 19/04/2008, 15:56
Sounds cheap, but agricultural land is always cheaper than constructible. In the last year or two I've seen lotissements in obscure Breton villages advertised at €1.00 (one Euro!) per m2 so I'm not totally surprised.

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Albert the InfoGipsy

"So welcome to the Citadel where the question is 'Am I?'"

Re: Price of land

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Clair 19/04/2008, 16:08
That sets an interesting precedent, as I am thinking about making an offer on a very small field directly opposite our house.
It has previously been used as a jardin potager, but the old dear can no longer maintain it and her daughters have to blitz it with Round-Up several times a year to keep the weeds down. I am fed up looking at a desert every time I step out of the door...

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Clair
Real Virtual French Person

Re: Price of land

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ams 19/04/2008, 19:03

Around here it is €46,000.00 per ha for land with vines. Average price for lot land is €65 per m2, doubles as one gets closer to a major town, and goes to euromillions closer to the beach. Still the price for building land has fallen over the past 6 months.

 

ams

Re: Price of land

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mike151 20/04/2008, 19:39
  when you say" lot land", do you mean building plots? so  65000 euros per hectare

Re: Price of land

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ams 20/04/2008, 20:54

Lotissement, which means a small estate which provides, edf, telephone, sewerage etc to the site. €65 per m2, thus for a 1000m2 site you pay €65,000 plus taxes and legal fees. Near the sea the price rises to €900 to €1,500 per m2.

Near Royan a site of 705m2 with sea views went for €983,00, before costs.

ams

Re: Price of land

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ErnieY 21/04/2008, 6:52

Clair wrote:

Am I the only one thinking this is dirt cheap?

It certainly sounds like "cheap dirt" to me Clair

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My doctor said one drink per day, I can live with that !

Re: Price of land

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Ian 21/04/2008, 11:16
Around here woodland up in the hills can sell for "as little as"  €2,000 per hectare.  All-ready-to-go building plots, not in the middle of nowhere,  are in the 40-100 euro per m2 region.

Over in Nice a parking space in the city centre is around €30-40,000.

Like any real estate it's worth what someone is prepared to pay for it ... good old supply and demand again.

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Holiday and Property Guide for Nice and the Cote d'Azur

Re: Price of land

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JanTy 21/04/2008, 15:16
We signed for 1.5 hectares of agricultural land in January for 4500€ which was exactly the last 'going rate' published by SAFER (3000€ per hectare) at the time of signing the Compromis.

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House built, permanent by September we hope

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