{"id":111770,"date":"2021-07-15T03:05:56","date_gmt":"2021-07-15T08:05:56","guid":{"rendered":"https:\/\/sobarnes.com\/all-destinations\/une-maison-sur-la-cote-basque-quoi-quil-en-coute\/"},"modified":"2021-07-15T10:08:33","modified_gmt":"2021-07-15T15:08:33","slug":"a-house-on-the-basque-coast-whatever-the-cost","status":"publish","type":"post","link":"https:\/\/sobarnes.com\/en\/realestate\/a-house-on-the-basque-coast-whatever-the-cost\/","title":{"rendered":"A house on the Basque Coast, whatever the cost"},"content":{"rendered":"
The figures alone speak to the Olympic form of the Basque Coast:<\/p>\n
\u201cThe optimism in the financial markets in view of the strong pickup in economic activity is driving stock market prices to record highs, generating capital gains ready to be reinvested, particularly in real estate\u201d<\/em>, explains Philippe Thomine Desmazures, Associate Director of BARNES C\u00f4te Basque and BARNES Hossegor. \u201cWith the same causes producing the same effects, we have seen a 17% price rise in Biarritz since July\u00a02020. And the same has been seen in comparable proportions along the entire Basque Coast. The current philosophy seems to be <\/em>buy a house or apartment whatever the cost!\u201d<\/p>\n In terms of seasonal rentals, a dual asymmetry is at work:<\/strong><\/p>\n So we have a question for Philippe Thomine Desmazures: what\u2019s the outlook for the second half of the year?\u00a0 \u201cOur crystal ball to predict the property market over the coming months seems clearer in light of the positive context, with the arrival of vaccinations, economic growth and favourable political perspectives. The only blip on the horizon is the increasing scarcity in terms of supply, which certainly won't help slow the price rise. Which leads to the inevitable question: can prices keep rising?\u201d<\/em>\u00a0\u00bb. To increase or not to increase, that is the question. You can count on us to monitor things closely and keep you updated. <\/span><\/p>\n laurent@sobarnes.com<\/a><\/p>\n --<\/p>\n Contact :<\/p>\n BARNES C\u00f4te basque<\/a><\/p>\n Biarritz : +33 (0)5 59 51 00 00 \/ biarritz@barnes-international.com<\/a><\/p>\n Saint-Jean-de-Luz : +33 (0)5 59 51 00 08 \/ saintjeandeluz@barnes-international.com<\/a><\/p>\n\n
\n