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Property prices in Rhone-Alpes

As with the Provence-Alpes-Cote-d’Azur region, property prices in Rhone-Alpes vary wildly. Broadly speaking, the inland Rhone area offers cheaper properties than the admittedly more expensive Alpine ski resorts – however, the price of the latter is offset by their proximity with the mountains, good transport links, enduring popularity and well-developed tourism industry.

Rhone-Alpes consists of eight departments:
Ain: Bourg-en-Bresse, Belley, Gex, Nantua
Ardeche: Tour-sur-Rhone, Privas
Drome: Montelimar, Valence
Haute-Savoie: Annecy, Chamonix, Megeve
Isere: Grenoble
Loire: Saint-Etienne
Rhone: Lyon
Savoie: Aix-les-Bains, Chambery, Courchevel

Ardeche is the cheapest department – prices here average around €150,000. This compares to an average of €341,000 in Haute-Savoie, Rhone-Alpes’ most expensive department by far.

Average Property Prices in Rhone-Alpes

The following property information was collected from the French notaires index (French land registry) between the 01/02/15 and 31/01/16. It comprises houses sold in towns, villages and rural areas. Properties in rural areas are usually less expensive than those in towns and villages. Please note that the following price guides do not accurately reflect property prices in the ski resorts themselves, but are rather an average of prices in the department as a whole.

Average old house price in Rhone-Alpes:
€214,600

Average old house prices in Rhone-Alpes (by number of bedrooms):

Two bedrooms: €138,000

Three bedrooms: €190,000

Four bedrooms: €222,300

Five bedrooms: €259,000

Property Prices in Rhone-Alpes sorted by department and bedrooms

Department 2 bedrooms 3 bedrooms 4 bedrooms 5 bedrooms Average price overall
Ain €120,000 €168,800 €197,400 €227,900 €190,000
Ardeche €87,000 €150,500 €177,100 €165,000 €150,000
Drome €130,000 €169,100 €193,000 €222,800 €182,800
Haute-Savoie €235,000 €300,000 €357,400 €376,000 €341,000
Isere €137,000 €182,000 €210,000 €239,000 €201,400
Loire €90,000 €141,500 €165,000 €180,000 €152,000
Rhone €184,000 €240,000 €287,100 €323,600 €275,000
Savoie €149,000 €200,000 €232,500 €274,200 €225,000

Average New Build Property Prices in Rhone-Alpes

Property in Rhone Alpes is undoubtedly pricey in more glamorous ski resorts. The region’s enduring popularity among French and international holidaymakers ensures that prices remain high. It is this enduring popularity, however, that makes property in this area a fairly safe investment, and, for those looking for better value for money, there are much cheaper properties that are still conveniently situated for the slopes to be found in less traditionally popular areas.

Average new-build apartment price in Rhone-Alpes:
€3,800/m²

Average new-build apartment prices in Rhone-Alpes (by number of bedrooms):

Studio: €4,760/m²
One bedroom: €3,920/m²
Two bedrooms: €3,670m²
Three bedrooms: €3,610/m²
Four bedrooms: €3,960/m²

Department Studio 1 bedroom 2 bedrooms 3 bedrooms 4 bedrooms Average price overall
Ain N/A €4,420/m² €4,010/m² €3,970/m² N/A €4,180/m²
Ardeche N/A N/A N/A N/A N/A N/A
Drome N/A €3,230/m² €2,650/m² N/A N/A €2,740/m²
Haute-Savoie €4,650/m² €4,200/m² €4,060/m² €4,130/m² €4,460/m² €4,130/m²
Isere N/A €3,440/m² €3,360/m² €3,290/m² N/A €3,390/m²
Loire N/A €2,980/m² €2,900/m² €2,910/m² N/A €2,920/m²
Rhone €4,910/m² €4,010/m² €3,590/m² €3,380/m² €3,800/m² €3,820/m²
Savoie N/A €3,750/m² €3,480/m² €3,220/m² N/A €3,560/m²

 

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