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Decryption Cherbourg, Granville and Saint-Lô are doing well. Just like the Cotentin coastline. Elsewhere, inland, transactions are difficult, despite low prices.
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Camped in the very north of the Cotentin peninsula, the town of Cherbourg displays great vitality. Its position as a fishing and marina port, with the largest artificial harbor in Europe, and its nuclear activity both in terms of waste treatment and the start-up of the Flamanville EPR and all the jobs inherent influences on the demand for housing. “Our dynamism in terms of employment has an impact on the demand for housing. We have therefore continued to sell houses and apartments since the start of the year. The post-Covid price euphoria is over, prices sometimes stabilize downward during work or poor location,” explains Pierre Villedieu, of the Régine Villedieu Immobilier agency.
In the center of the Manche sub-prefecture, the most common prices range between €2,300 and €3,200/m². On the Octeville side, prices are below €2,000/m². But on the seafront, prices are rising. “For properties with character and a very good location, values range between €3,500 and €5,000/m². Beyond that, sales turn out to be more complicated,” confides Jean Gatellier, Normandy regional director at Patrice Be…
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