The Var real estate market, like that of many other French regions, will undergo notable transformations by 2025. These developments will be influenced by various economic, political and regulatory factors. Let’s analyze the probable trends that will mark this sector.
Price stabilization in major cities
After several years of continuous growth, real estate prices in big cities such as Paris, Lyon and Bordeaux should experience a period of stabilization.
In certain particularly overvalued neighborhoods, we could even observe moderate declines ranging from 2% to 5%. This could create opportunities for buyers seeking more accessible prices.
Furthermore, rural and peri-urban areas could see a price rebalancing. Localities that have become attractive thanks to teleworking will continue to capture the attention of buyers looking for a better living environment.
Interest rates and access to property
THE real estate loan ratesafter a sharp increase between 2023 and 2024, should stabilize around 3.5% to 4% in 2025.
Although less favorable than before 2022, these levels remain sufficient to slow down access to property, particularly for first-time buyers and low-income households.
This situation will undoubtedly impact the volume of real estate transactions in certain regions.
Impact of energy performance
The law Climate & Resilience will play a decisive role in the real estate market.
We will probably witness a growing polarization between housing that is well ranked in terms of energy performancewhich will remain attractive, and energy-intensive habitats, which will suffer significant reductions.
These requirements will push more and more owners to invest in renovations aimed at improving the energy efficiency of their properties, in order to maintain their competitiveness in the market.
The Var department will continue to seduce with its high prices on the coast, particularly in emblematic towns like Saint-Tropez and Bandol.
These destinations will mainly attract a wealthy international clientele, looking for prestigious properties offering an exceptional living environment.
On the other hand, the Var hinterland is experiencing a phenomenon of price rebalancing. Attracting buyers looking for more space and better quality of lifethese areas benefit from increased interest, especially with the development of teleworking.
New measures and regulations in force
Among the new government initiatives, the extension of Zero Rate Loan (PTZ) will aim to promote access to property. This system will be particularly beneficial for first-time buyers, allowing them to carry out their real estate project with significant financial assistance.
On the other hand, the reform of the taxation of furnished rentals will surely encourage investors to rethink their rental strategies. At the same time, the promotion of energy renovation should encourage substantial investments in improving the energy performance of buildings.
Removing the Pinel device
The removal of Pinel device could reduce the attractiveness of rental investment. However, this measure will be offset by tax alternatives and aid for energy renovation, thus attracting a different audience of investors.
The increase in Transfer Rights for Consideration (DMTO) will also have an impact on the overall cost of real estate purchases, which could influence market dynamics.
Other impacts of regulations
In addition to the specific measures mentioned, several other regulations will come into play to shape the real estate landscape from 2025. For example:
- Additional incentives for green building, with tax benefits for buildings meeting strict environmental standards;
- Strengthening controls on the compliance of old buildings regarding energy performance;
- Specific local measures adopted by the municipalities of Var, aimed at balancing supply and demand according to the particularities of each area.
These various regulations will create an environment where the choices of investors and buyers will be increasingly guided by cecological and financial considerations.
Summary of forecasts for 2025
In short, the real estate market in Var in 2025 will experience a variety of substantial changes.
Between the expected stabilization of prices in large cities, the renewed attraction of rural and peri-urban areas, and the influences of different regulations, this sector will remain in flux.
Market players will therefore have to constantly adapt to take advantage of opportunities and respond to the new challenges posed by this evolving ecosystem.
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