Property Limousin - Property Prices in Limousin, France

Property Prices in the Limousin

Over recent years the English along with other non-French people in Europe have discovered the rural beauty of the Limousin region. Those looking to escape the overcrowding of the UK are particularly attracted by the low population density.

Population Density in the Limousin

The Limousin has just 43 people per square kilometre of land, less than a fifth of that in the UK and just 11% of the population density of England and 40% of that of metropolitan France. No wonder there is a sense of space and a lack of crowds.

Relative Property Prices Limousin in France

Despite being in many ways the most attractive region of France for the British looking for the "good life" abroad, the Limousin is still the lowest cost region in France. Channel 4's "A Place in the Sun" rated it as the fifth most desirable place in the world in which to buy a property so the value for money is exceptional.

Prospects for Limousin Property Sales & Values

Economic regeneration , combined with cheap property, means that this is potentially a good place for newcomers on the look-out for employment opportunities and a peaceful, green living environment.

As the region revives economically, the population will inevitably increase and so will property prices from their present position as the lowest in France, enabling significant capital gains in time.

How Much does Property Cost in the Limousin?

As with buying a house anywhere, the property price will depend on what you are looking for. Properties to modernise or renovate can still be picked up under 30,000 euros although increasing to the still modest budget of 70,000 euros will widen the options considerably.

If you don't fancy DIY or managing builders, beautifully restored properties, modernised to a high standard can be found from as little as 100,000 euros. Prices that seem unbelievable to the UK buyer.

Property Prices within the Limousin

The Limousin is made up of three departments (departement) of which the Haute-Vienne and the Correze are the most popular with British buyers although there is little difference in prices between them and the Creuse.

House Price Inflation in the Limousin

Like much of Europe, property prices in France generally have risen considerably over the last few years, driven in part by the exodus from Britain where property inflation has made an average property worth nearly 260,000 euro.

In some cases property prices have risen between 50% and 70% in the Limousin over the last five years. Since nearly a third of house purchases in the Haute-Vienne and Correze are made by British people, price inflation in the UK does tend to have a knock on effect as buyers with more money in their pocket compete for the decreasing stock of properties. How long the Limousin will continue to offer the lowest house prices in France is hard to estimate as the property price increase continues to be above the national average.

Cheap Houses and Properties in the Limousin

Basically if you're looking for a cheap property in France, you can not better the property prices in the Limousin region. Whether you are looking for a plot of land to build on, a new build, a renovation project or a modernised older property you will not find better value.

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