The Real Estate Market in Bergerac
Located in southwestern France, in the Dordogne department, Bergerac is easily accessible by car, train, and plane. It attracts many French and international buyers seeking a more peaceful life, closer to nature, in a bucolic and historical setting, right in the heart of the Périgord vineyards. This allure makes the region a dynamic and sought-after market, while still remaining very affordable: here, prices are below the national average!
Popular Property Types
In Bergerac, the most sought-after properties are:
- Apartments or townhouses
- Country houses
- Wine estates
- Castles
Market Dynamics
Since the rise in borrowing rates and the price increases due to COVID-19, the Bergerac market has slowed slightly. Today, most buyers are paying cash. The market is thus geared towards the acquisition of second homes or primary residences for retirement.
Price Per Square Meter in Bergerac
In 2024, the average price per square meter for a house in the Bergerac area is approximately €1,700, and €1,600 for an apartment. The most desirable neighborhoods include the city center and particularly the Old Bergerac (around €1,900 per square meter), as well as the peripheral areas of Toutifaut (€1,900) and Pécharmant (€1,700), nestled in the heart of the vineyards north of the center.
On the other side of the river, neighborhoods are less sought after and much more affordable, notably Naillac (€1,500) and Cavaillé (€1,550).
Peripheral and Outlying Areas
More distant or peripheral areas of the city are not necessarily the cheapest: some outlying neighborhoods are quite upscale, featuring abundant greenery and stunning views of the region!
Investment Opportunities
If you are looking for an investment opportunity, do not immediately overlook houses in need of renovation: some classified properties benefit from a tax reduction program for heritage protection. This can make renovating historical homes not only a fulfilling project but also a financially viable one.
Real Estate Price Evolution in Bergerac
For many years, real estate prices in Bergerac remained relatively stable until 2021, when the pandemic context caused a significant increase in prices. This upward trend continued until the end of 2023, when the real estate crisis hit France.
In 2024, the price per square meter experienced a slight decrease, a trend expected to continue throughout the year. In the post-COVID context and with the current borrowing rate situation, demand is decreasing for the first time in several years. More houses are being put up for sale, making it the perfect time for those buying without a loan.
A Favored Department Among International Buyers
Bergerac has long been a highly popular area among various foreign buyers, especially the British, who see it as an ideal place for retirement. Bergerac and the surrounding villages are particularly favored by international buyers due to their proximity to Bergerac’s international airport, which serves multiple destinations in England, Belgium, Germany, and the Netherlands.
In Summary: A Sought-After City with a Competitive Market
The real estate market in the Bergerac region is both dynamic and accessible, offering a wide range of properties at various price points. With a unique setting, a lower cost of living compared to the national average, and excellent real estate opportunities, it is the perfect place to buy a secondary or primary residence!
