The emergence of home office working and the phenomenon of semi-primary residences have brought a new clientèle to the property market in La Baule. Buyers wanting to preserve historic villas, which just so happen to be one of the passions of Etienne de Gibon, Director of BARNES La Baule.
“While demand has doubled between the first half of 2020 and 2021, mostly stemming from French buyers living in France and expatriates, supply has become much scarcer”, says Etienne de Gibon. “The result is that property in La Baule has increased in value”. In other words, La Baule is a coveted market, and while this is nothing new, the trend has risen sharply in light of the past 18 months. Beyond the classic sea-view apartments in the Casino area or close to Benoit beach, BARNES has observed a growth in demand for historic villas in need of renovation. “As these properties are rare, and for the most part listed as Exceptional or Remarkable Heritage of La Baule, it is not uncommon to wait several years before finding the holy grail”, Etienne de Gibon adds.
A member of the association for the safeguarding of the heritage of La Baule, the BARNES office has contributed to enhancing the image of the bay since its opening: “We have partnered with professionals, architects, decorators, skilled craft workers, landscapers and project managers in order to preserve and restore this unique heritage and to propose more than just a simple transaction”, explains Etienne de Gibon. “We support future buyers with renovation projects planned out from A to Z”.
Striking out on this type of adventure costs in the range of €1 million to secure a sale and between €2,000 and €4,000 per sq.m. for the renovation. “Despite the cost of the refurbishing, buyers can potentially expect real added value”, says Etienne. “Firstly in the form of emotional added value, because the buyer is contributing to safeguarding the bay and its history by renovating one of these exceptional properties. And of course these properties represent a safe-haven value that will not depreciate over time”.
And for those tempted by an architectural and heritage venture in La Baule but don't have the patience to wait, there’s always the option to buy a property in immaculate condition, like this historic villa listed for sale with BARNES La Baule in the Grands Hôtels neighbourhood. We have a private viewing just for you of this off market property:
Just 300m (330 yards) from the beach and a fifteen-minute walk from the marketplace, this villa dating from 1913 is a perfect example of the La Baule style. Its 220 sq.m. (2,368 sq ft) comprise four bedrooms and well-lit reception rooms opening onto a 1,500 sq.m. (0.4-acre) planted garden Needless to say it ticks all the boxes for a family in search of a second home. And more, given that the convertible attic space can be fitted out with two additional bedrooms or as a home office space to be used year-round. And as if that wasn't enough, the basement can be converted into an office or a multimedia room!
Set in peaceful surroundings with southerly views, this immaculate property is listed at €2.6 million.
BARNES La Baule - 14, rue du Marché, 44500 La Baule-Escoublac - France
Tél. : +33 (0)2 72 74 89 30 / Barnes-nanteslabaule.com
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