It is essential to understand real estate trends before committing to a project. To do this, discover the indicators in Cagnes-sur-Mer for the month of November 2024. They are based on purchases in the city.
Find real estate market data in Cagnes-sur-Mer according to Lokimo
Lokimo is a data analytics and AI startup for real estate that provides strategic market data in real time.
Lokimo carries out an in-depth monthly survey of the real estate transaction market in Cagnes-sur-Mer as well as in all cities in France. As of November 1, 2024, in Cagnes-sur-Mer, the median sales price reached €5,384/m². The most recent data for the index shows an increase of 2% for the past quarter, while year-over-year, we note growth of 0.1%. The trajectory of the real estate index over the last 36 months similarly indicates a significant increase in prices, amounting to 9%. As of November 1, 2024, the real estate market in Cagnes-sur-Mer presented varied prices depending on the property category: houses cost around €5,409/m², while apartments cost €5,378/ m².
House prices are as follows: €5,220/m² for a T3, €5,365/m² for a T4, €5,500/m² for a T5, while T6 and above reach €5,356/m².
Apartments are sold at these prices per square meter: €5,678 for T1s, €5,264 for T2s, €5,195 for T3s, and €5,500 for properties of T4s and above.
The price per square meter in Cagnes-sur-Mer is 7.7% lower than the departmental average for Alpes-Maritimes, which is around €5,830.
In Cagnes-sur-Mer, rental prices per m²: the essential things to know
In order to successfully complete your rental investment, it is crucial to keep up to date on the median rent that your property can achieve on the current market. Discover the latest figures available from our partner Lokimo.
In Cagnes-sur-Mer, over the period of the last 12 months, median rents excluding charges were divided as follows: €22/m² for a T1, €18/m² for a T2, €16/m² for a T3 and more. On average, all types of apartments combined, the median rent was €18/m², rental charges not included. Examination of rents in the municipality reveals an upward direction, with a difference of 7.8% on an annual basis.
Last year, T1s experienced a variation of +20.7%, while T2s saw an increase of +9.1%. In addition, rentals of type T3 and above experienced a variation of -1.2%. If we enlarge the duration taken into account, the fluctuations are as follows: in 3 years, +21.3% for T1s, +12% for T2s and +1.2% for T3s and +.
* The median price, more significant than the average price, shows that half of the rents are higher than this amount and the other half lower.
