Real estate: The market for second homes in the Bassin d’Arcachon

Arcachon, Pyla sur mer and Cap Ferret…

The summer holidays are often the best chance to fall in love with the Bassin d’Arcachon : Dune du Pilat, ‘lîle aux oiseaux, the huts on stilts the fishermen huts in Cap Ferret, the sandy beaches, the forests… and lets not forget the proximity of Bordeaux and its vineyards!

The real estate market for second homes is a very lively market and was again this year, with more buyers than properties for sale, meaning the price levels have remained stable.

However, the buyers know the market and know exactly what they can get for their money, meaning only the properties on the market at market price are selling fast. Our role to give you correct professional advice is very important as we know the market perfectly, from properties that are on the market and properties that have sold.

The real estate market in Arcachon

According to meilleursagents.com, the average price per m² of a house in Arcachon is 5519€ (data from June 2018), but it can vary between 3155€ and 7915€ depending on the neighbourhood and the condition of the property.

The property market has increased by 40% on property prices within the last 10 years (data from the notaires, INSEE). Therefor the average price for a prestigious property in Arcachon is 1 Million €, in La Teste the average price is 500 000€ and approximately 500 000€ for a property in Gujan- Mestras, which are neighbouring towns.
The area of Le Moulleau is the most popular, with the average price varying between 7 000€ and 9 000€ per m². Properties located on the seafront are negotiated between 3 and 6 million euros.
The area of Les Abatilles is also a sought-after neighbourhood and is a prized location very much appreciated by families looking to relocate or for a second home.

The town center : Pensioners give preference to apartments with terraces and car parks in the center of the town, for their full time homes.

The property market in Pyla sur Mer

The demand in second homes in Pyla are mostly by owners of big companies or managers from the Bordelaise region but also from Paris. The average price per m² of a house in Pyla is around 5 645€ (data from meilleursagents.com from June 2018). Here again, the proximity of the beaches, amenities, the size of the land, views (or not) over the sea are all features that have the power to change the average prices of properties. Our agents have the responsibility of doing a very precise assessment of the price of the property, taking all of these features into account.

The property market in Cap Ferret

The Lège-Cap-Ferret expands over 15 Miles. The tip of Cap Ferret is a very sought-after area especially the neighbourhood named “44 hectares”, the center of the village and around the lighthouse. This is a very high-end and up-market area of the Bassin. Prestigious properties sell at a very fast rate, being on the market for an average of one month only before selling.

Recently sold by our agencies :

Lège-Cap-Ferret,

• 5 Bed Villa close to beach, Lège-Cap-Ferret, Jacquets village
• Landaise style property – 4 beds, Lège-Cap-Ferret
• Apartment with sea view, Lège-Cap-Ferret
• 5 Bed Villa, Center Cap-Ferret

Arcachon,

• Architect Villa, Arcachon Les Abatilles
• Family Property, Arcachon Les Abatilles
• Architect designed villa with swimming pool, Arcachon Les Abatilles
• Apartment with sea view, Arcachon
• Villa property with garden, Arcachon La Chapelle
• Arcachonnaise style property fully renovated, Arcachon l’Aiguillon
• Basque style house fully renovated, Arcachon Ville d’Hiver

Pyla-sur-mer,

• Building plot of 4 Acres, close to Le Moulleau, Pyla-sur-mer
• Spacious character villa, Pyla-sur-mer
• 6 Bed House with view, Pyla-sur-mer, Cercle de voile
  
  

Are you looking to buy a property in the Bassin d’Arcachon, Gironde, Aquitaine, South West, France? Our agents in our Cap Ferret and Moulleau agencies are here to help you find your dream home.

Our agency Coldwell Banker offers you a large listings of properties for sale in the Bassin d’Arcachon.