At least that the TGV will do still climbing

Memory Avignonnais, it had never given it: notarial source, between 2001 and 2005, the old apartments price rose 76.3 in intramurals city and 87,01 outside walls. For houses, it was of the order of 84.

Huge explosion which is explained by various factors. First, the failure of new housing. A chronic deficit due to the drastic conditions imposed by the architects of the buildings of France to build in the city of the Popes. DOMs he used to shelter the fact that the city is flood: the rock, the judgment of the dredging of the Rhône has led to the city of increasingly more flood. Not only the town elsewhere, the Department of Vaucluse is classified flood since the disaster of Vaison.

But there is another explanation to the adjustment of the real estate. As explained in substance Vincent - Michel Mortini, Agency Manager of the Credit Foncier de France in Avignon, a catch-up was foreseeable. Because, until then, for the Prefecture of the Department of Vaucluse belonging to the region d'Azur, prices remained significantly lower than in other regional cities that are Aix, Marseille, Nice, Toulon.

Or the migratory flows towards the Sun and other quality of life was necessarily reach Avignon, which is not clear where lie between medium-sized town and metropolis, with its inhabitants 89.500.

In fact, prices have increased, but they remain affordable. At least that the TGV will do still climbing. On the latter point, real estate agents have controversial opinions, each claiming that the TGV was rebounding prices on Avignon, the other defending that the famous train has more pumped up first place awards in the Luberon in the city or its metropolitan area. In any event, the acceleration of prices had been rapid. Fortunately, in 2005, the increase has begun to falter and, in the middle of year 2006, prices are stabilizing. For a classical former apartment, it takes, on average 2,300 euros per square metre, intramural. This is an average. It reflects, therefore, not the quantity of individual case, depending on the location that is talked about, the surface, the State. Thus, in the centre, need more rely on prices ranging from 2.700 and 3,000 euros per square metre. Off-centre, remain in the average price, to then focus on close or slightly peripheral areas who are brought in to upgrade.

The shade of the ramparts

Focal point of the city, the old town, sometimes rejuvenated, locked in the perimeter of the walls restored in large part by Viollet-le-Duc from 1860. Inside, the city has plenty of mansions belonging to the hours of glory of the Popes to other ecclesiastics, sometimes restored in the State and non-transformed into apartments, but also buildings less old but always with narrow Windows, to avoid bringing the heat. The whole scattered along narrow streets or places where life resumes as soon as the freshness back.

In this old town, several sectors are the top of the keypad. In the first place, the outskirts of the squares of the Palace, the clock and the Hotel de Ville. To sell property overlooking the Palace of Popes are extremely rare and their prices have absolutely nothing to do with other property, as explained by Denis Martin Agency Immo 2000: "Lacking in the old town of beautiful products to sell, because some large areas have been divided, either because the families who have decided to keep them in the State." Thus, when an extraordinary product on the market, its price is also exceptional and in nothing reflects the State of the market of the city.

For example, an apartment of 160 m2 in very good condition and with superb benefits, terrace and view direct on the Palace of the popes, is proposed to 850,000 euros. Here three months, a building of the 1900 years of 160 m2, with view on the place de l'Horloge and the theatre, is party to 540,000 euros.

In moving away from the Palace of the popes, and by going after Joseph-Vernet Street in direction of the Victor Hugo street or boulevard Raspail, prices may however become reasonable: they then evolve between 2,500 and 3,000 euros per square metre. And more reflect the real market of the western part of the city. As this apartment of 50 m2 advantage, rue Saint-Charles to 135.000 euros or this 25 m2 studio acquired the 62.500 euro Republic Street.

The city of the Popes and its perimeter around being safeguarded sector and act Malraux in some districts, classified, it is possible to invest in housing former to rehabilitate everything with an attractive taxation. "History which is attached, this city and its heritage it is undeniable that there is a large potential for enhancement of some buildings," said Thierry Bechetoilles, Director General of future Finance real estate. For example, place the Exchange Street Bridge-Martin or hosiery, operations Act Malraux that the investor must acquire in two phases: the land, between 1,500 and 1,800 euros per square metre and the work of the order of 2,300 to 2.800 euros per square metre.

In the former cited, can get a few old houses which are difficult to define both transactions are rare and the huge disparity of prices according to factors such as location, the time of construction, the State, the work to provide: difficult however to find less than 290.000 euro to 95 m2 with garden and without effective budget work later.

Periphery: East and South

Among the neighborhoods brought to energize in any proximity to the centre that revolves around the Balance is. "On the streets Thiers, Carnot, Carreterie, the development potential is important." For the moment, it is noisy arteries, including the rue Thiers, but the municipality should proceed with some rearrangements of the traffic and establishing pedestrian zones. "And there may be a potential of surfaces to renovate and a few small real jewels to discover, not paying mine before, but with a small courtyard or a small garden at the back," says Vincent - Michel Mortini.

There, no view on the Palace of the popes, but a small haven of peace, close to centre travelled by tourists and artists, and almost to the shelter.

Of course, to dispose of this tranquillity near of the Papal city, not issue build on less than 2,300 euros per metre square. With the key, important work. Rue Thiers, yet noisy where appear beautiful haussmanniens buildings, buyers can position themselves on apartments sold around 2,000 euros per square metre. And investors on some operations in Act Malraux can appreciate the richness of the heritage.

Small areas requested

South of the city, the situation changes somewhat. Nothing very old but good opportunities. Particularly in houses. On Saint-Gabriel or the area of the laundry, habitable houses of 110 m2 on 400 m2 of land sell around 300,000 euros. In the Saint-Ruf district, between the Montclar avenues and Sources, can even verge 400,000 euros to 140 m2 with garden. "In newer subdivisions, dating from the 1980s, as those of Felibre, prices can go beyond and lie for habitable houses of 300 m2, beautiful terrain and a swimming pool around 600,000 euros." "In view of the values of the current land currently high prices", said Ginette Bierre of agency Century 21. Cheaper at this level in the Luberon.

Also is dropping in apartments, attractive prices as this 110 m2 in a building of the 1930s with small terrace for 160,000 euros or this 45 m2 to 78.750 euros. With approximately 9,000 students, the city is an important application for small surfaces. It is also only a few days to sell a studio, depending on the location, worth between 38.500 and 65,000 euros. On the other hand, the rental market momentum with rents revised downward, the order of 250 euros for studios, 410 for the two-piece and 570 euros for three-parts.