Biarritz, a sellers' market

Biarritz's property market has not flinched for months. This must address in the Basque country is in very high demand, and its exemplary dynamism rubs off on neighbouring markets.

Biarritz, a sellers' market - Theme_2179_1.jpg

In an elevated position in Anglet, this property of 180 m2 offers striking geometric design. It benefits from spacious interiors, tasteful appointments, and lots of light thanks to its orientation facing south. 1.150.000 €. Ateliers Lofts & Associés (05 59 24 67 48).

As active as ever, the property market in Biarritz draws constant interest on the part of buyers from Paris, Toulouse and Bordeaux looking for main or holiday homes, or rental investments. "Our clients are confronted by increasingly limited availabilities. Properties within walking distance of the town centre are the most highly sought-after, especially if they come with a parking place or garage. They can sell within one day !" says Julie Lamboley of Lofts et Associés, an agency specializing in one-off, unusual and contemporary properties such as apartments stylishly revamped by architects. Situated at 1 avenue d'Ossuna in Biarritz, the agency is tripling its surface area and will offer its clientele a new reception area by the end of the year. Naturally, all this enthusiasm has an impact on prices. "In the centre of Biarritz, they start at around 6,000 € per sq.m, and properties offering lots of assets easily exceed that level. Most of the transactions we handle today go through at the asking price. We are currently seeing a situation in which sellers have the upper hand." Among her recent sales, Julie Lamboley mentions a 2-bedroomed apartment of 70 m2 in a charming small residence in the Hôtel de Ville neighbourhood. Renovated by an architect, it sold after only two visits for 430,000 €. Another example, a loft of 240 m2 with a patio and garage, 600 metres from the town centre, found a taker at 930,000 €. "For apartments, most of our clients have budgets ranging from 400,000 to 500,000 €. Those looking for town houses dispose of 1.3 to 1.5 M € on average - and they are increasing in number."

"As a result of the popularity of the property market in Biarritz, we are seeing rising interest in villas on neighbouring communes, in Arcangues, Bassussary, Arbonne and Ahetze," says Didier Lepinoux of the Agence Bliss & Foch, situated on Avenue du Maréchal Foch in Biarritz. A village offering genuine character, Arcangues, much appreciated for its golf-course and listed château, posts the highest prices in this sector. "Clients in search of houses in Biarritz naturally fall back on these communes, as offers in the town centre are thin on the ground. Furthermore, prices in Biarritz are constantly on the rise. Presented a year ago at around 4,000 € per sq.m, the most basic apartments on the outskirts of town are now priced at about 4,500 € per sq.m, while the most desirable properties facing the sea often exceed 10,000 € per sq.m. On neighbouring communes, a budget of 500,000 to 800,000 € will bring a villa of quality," explains Didier Lepinoux, mentioning for example a house of 220 m2 in need of a revamp, in grounds of 4,000 m2 offering beautiful views of the mountains, and priced at 750,000 €. Another house of 110 m2 in a garden of 1,348 m2 with a pool on the Bassussary golf-course just sold for 450,000 €. "This type of property soon finds a taker. In Biarritz intra-muros, we mainly offer apartments, like one with living space of 90 m2 prolonged by a terrace of 20 m2 enjoying a pleasant view of gardens. In the Saint Charles neighbourhood, and benefiting from a garage, it sold very quickly for 425,000 €."

Back to contents Radia Amar
13/09/2017
You will also like
Saint-Jean-de-Luz and Ciboure, closely connected markets Saint-Jean-de-Luz and Ciboure, closely connected markets Saint-Jean-de-Luz and Ciboure, closely connected markets
Anglet, a multifaceted market
Anglet, a multifaceted market Between Bayonne and Biarritz, Anglet is a leafy commune steeped in both Basque and Gascon culture. Its beaches, thalassotherapy centre, golf-course and biking trails along the forest all play their part in this highly-prized living environment. .. Read more >>
Bidart, ever more popular Embellished, revitalized, offering a wealth of services, amenities and more smoothly flowing traffic, Bidart conveys contagious, convivial energy reflected in its high level of appeal. Next to Biarritz, Bidart runs along a 5-km coastline split into six beaches overlooked by cliffs covered in lush vegetation. .. Read more >>
Bidart, ever more popular
Biarritz : an apartment at all cost ! Biarritz : an apartment at all cost ! Biarritz : an apartment at all cost !
Saint-Jean-de-Luz, pearl of the Basque country...
Saint-Jean-de-Luz, pearl of the Basque country... Benefiting from a well-preserved architectural heritage, the former City of Corsairs is now a highly-prized seaside resort. Right at the edge of the ocean, Saint-Jean-de-Luz is also within easy reach of the mountains and countryside. .. Read more >>
Bidart, ever more popular Next to Biarritz, Bidart benefits from a coastline of 5 km comprised of six lovely beaches overlooked by wooded cliffs. This charming locality with 5,800 residents is certainly no longer a fall-back market... .. Read more >>
Bidart, ever more popular
Anglet, increasingly attractive Anglet, increasingly attractive Anglet, increasingly attractive
Biarritz, more properties on offer
Biarritz, more properties on offer Following several months when the market trend seemed to be defined by a shortage of properties, several agencies are seeing their portfolio of houses and apartments for sale expand. A return to a more even balance between demand and supply ?.. Read more >>
Saint-Martin and Gare du Midi, highly-prized neighbourhoods in Biarritz Inaugurated in 1912 in the centre of Biarritz, the Gare du Midi was transformed in 1990 into a Palais des Festivals bringing considerable liveliness to the neighbourhood. Offering lots of amenities, the quieter Saint-Martin on top of a hill was once the centre of Biarritz. Overview with two experts covering these areas... .. Read more >>
Saint-Martin and Gare du Midi, highly-prized neighbourhoods in Biarritz
Guéthary, the Guéthary, the Guéthary, the
Saint-Jean-de-Luz, in constant demand
Saint-Jean-de-Luz, in constant demand Since the late 19th century, Saint-Jean-de-Luz has continued to win the hearts of all its visitors. Occupying a coastal strip 7.5 km long near the border with Spain, this commune of timeless charm is symbolized by its superb bay. .. Read more >>
Anglet, a buoyant market Marked by both Basque and Gascon culture, Anglet lies between Bayonne and Biarritz. Vast, airy, green and flowery, Anglet stretches out over a coastline 4.5 km long, facing the ocean. .. Read more >>
Anglet, a buoyant market
BIARRITZ - Apartments for sale

BIARRITZ

950000 €
BIARRITZ - Apartments for sale

BIARRITZ

1030000 €
BIARRITZ - Apartments for sale

BIARRITZ

1272000 €
BIARRITZ - Apartments for sale

BIARRITZ

1290000 €
BIARRITZ - Houses for sale

BIARRITZ

1200000 €
BIARRITZ - Houses for sale

BIARRITZ

1380000 €
More ads