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MAP: Where in France can you buy property for less than €100k?

While French cities such as Paris are notoriously expensive, there are many areas outside the cities where it is still possible to buy spacious homes for less than €100,000 - particularly if you don't mind a bit of renovation.

MAP: Where in France can you buy property for less than €100k?
(Photo: Mychele Daniau / AFP)

We decided to look at where in France you could afford a property on a budget of €100,000, and it turns out there are some bargains to be had.

There are a lot of caveats while searching for property, and many local variables in place, but our search does show some of the areas to concentrate on if you have a limited budget.

We used the Notaires de France immobilier website in August 2022, and we specified that the property should have at least five rooms (including kitchen and bathroom) and a floor space of at least 100 square metres.

We also discounted any property that was for sale under the viager system – a complicated purchase method which allows the resident to release equity on their property gradually, as the buyer puts down a lump sum in advance and then pays what is effectively a rent for the rest of the seller’s lifetime, while allowing them to remain in the property.

READ ALSO Viager: The French property system that can lead to a bargain

For a five-room, 100 square metre property at under €100,000, you won’t find anywhere in the Île-de-France region, where the proximity of Paris pushes up property prices. The city itself is famously expensive, but much of the greater Paris region is within commuting distance, which means pricier property. 

Equally the island of Corsica – where prices are pushed up by its popularity as a tourist destination – showed no properties for sale while the region of Provence-Alpes-Côte d’Azur – which includes the French Riviera – showed only 1 property under €100,000.

The very presence of Bordeaux, meanwhile, takes the entire département of Gironde out of this equation – but that doesn’t mean that the southwest is completely out of the running. A total of 25 properties came up in the Nouvelle Aquitaine region. One property was on the market for a mere €20,000 – but it was, as the Notaires’ brochure noted, in need of “complete renovation”.

Neighbouring Occitanie, meanwhile, showed 12 further properties in the bracket.

By far the most properties on the day of our search – 67 – were to be found in the Grand Est region of eastern France. The eastern part of France overall comes out best for property bargains, with the north-east region of Hauts-de-France showing 38 properties and and Bourgogne-Franche-Comté displaying 25.

Further south, however, the presence of the Alps – another popular tourist destination – pushed up prices in the Auvergne-Rhône-Alpes region which showed just three results.

The below map shows our search results, with darker colours indicating more cheap properties.

Property buying tips 

In order to make a comparison, we focused our search on properties advertised online, but if you have a specific area in mind it's well worth making friends with a few local real estate agents and perhaps also the mayor, since it's common for properties not to be advertised online.

Most of the truly 'bargain' properties are described as being "in need of renovation" - which is real estate speak for a complete wreck.

If you don't mind doing a bit of work you can often pick up property for low prices, but you need to do a clear-eyed assessment of exactly how much work you are willing and able to do, and what the cost is likely to be - there's no point getting a "cheap" house and then spending three times the purchase price on renovations.

READ ALSO 'Double your budget and make friends with the mayor' - tips for French property renovation

That said, there were plenty of properties at or near the €100,000 mark that were perfectly liveable or needed only relatively minor renovations.

You also need to pay attention to the location, as the sub-€100,000 properties are often in remote areas or very small villages with limited access to amenities. While this lifestyle suits many people, bear in mind that owning a car is a requirement and you may end up paying extra for certain services.

Finally remember that government help, in the form of loans and grants, is available for environmentally friendly improvements, such as insulation or glazing.

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PROPERTY

Paris landlord fined for renting out 5 square-metre apartment

A Paris has landlord has been ordered to pay more than €20,000 letting out an apartment that measured just five square metres - below the legal minimum of 9 sq m for living space.

Paris landlord fined for renting out 5 square-metre apartment

A court heard that tenant François, 66, was led to believe the small space was 11sq m in size – two metres above the legal minimum of 9 sq m for renting an apartment. 

In reality, François – who paid a monthly rent of €400 – would find that no only was the apartment illegally small, it had been advertised as “furnished,” but it offered none of the essentials. 

He lived in the 5m2 space for seven years, and finally – after his landlord brought him to court for failing to pay rent after being hospitalised for a serious accident in 2019 – François was awarded €19,463 in losses and an additional €2,000 for “moral damages.” 

François’ experience is not unique – according to the Abbé-Pierre foundation, 1.3 million people are poorly housed in Île-de-France (the greater Paris region), and the rental of apartments smaller than 9 sq m has been on the rise. 

Although the city has strict limits on apartment size, the minimum living standards that landlords must offer and a rent cap, the chronic shortage of housing in the city mean that many people are willing to accept illegal rentals.

In Paris specifically, there are more than 58,000 illegal rentals according to the latest figures from the Right to Housing (DAL). 

One of these housed Massi, a 42 year old waiter who works at a Parisian brasserie. When Massi moved to France from Algeria, he sought the assistance of an agency to find in apartment. Unaware of French law regarding minimum renting standards, Massi accepted a 4.7m2 studio in Paris 20th arrondisement, for which he would pay a monthly rent of €550. 

After the appearance of mold, two dead rats under the refrigerator, and leaky pipes, Massi contacted the landlord who advised him to “open the windows,” according to Le Parisien. The waiter eventually contacted the city’s sanitation department.

“It was like living in a tomb,” Massi told Le Parisien in August.

According to Jean-Baptiste Eyraud, a spokesman for DAL, situations like those of Massi and François are “an illustration of the housing crisis.”

Eyraud blames the problem on “landlords who take advantage of people in precarious situations to rent substandard housing.”

French law stipulates that a rented accommodation must be at last 9sq m, with minimum height of 2sq m. This means that the “habitable volume must be at least 20 cubic metres.”

Rent controls  

In addition to minimum size constraints, apartments must also conform to price per metre. This is called “l’encadrement des loyers” in French. 

These rent controls apply to cities and communes in France where “the number of housing units offered for rent is significantly lower than the number of people who want to become tenants,” according to the government website Service-Public

As for Paris, a 2021 report showed that at least 40 percent of apartments advertised in the city were technically illegal, because they exceeded the ceilings set in place by municipal ordinances.

On average, apartments in Paris were found to be €121 more than legal limits.

While this is an improvement from 2019, when 44 percent of ads were illegal, in excess on average by €150, only about 30 cases were being processed in 2021, according to Sortira Paris

Landlords risk a series of five fines for advertising and renting apartments that do not respect rent caps – ranging from €300 and €1060.

Furnished vs. unfurnished

Apartments must also be listed as either furnished or unfurnished. 

At the base level, a ‘furnished’ apartment should come equipped with the following items: A bed and bedding, including a duvet or blanket; Curtains or other means to block out outside light in the room used as a bedroom; Cooking hob; An oven or microwave oven; A refrigerator with a compartment for storing food at -6C, or a freezer;  Dishes for eating and cooking utensils; A table and at least one seat; Storage shelves; Light fittings; Equipment to maintain the accommodation.

READ MORE: Renting property in France: Should I go for furnished or unfurnished?

Energy ratings and ‘sales evictions’

Another dilemma facing tenants in Paris are “sales evictions” – when landlords prefer to sell their apartments rather than to do work to update or refurbish them. According to ADIL, the public network of lawyers specialised in housing and tasked with defending laws regarding ‘decent lodging,’ “the issue of sales evictions is real”.

This is largely due to a new law that will take effect starting in 2025, when property owners will no longer be able to rent apartments or homes with a G (the bottom) energy rating. The effort is part of the state-wide goal of ‘ecological transition’ – specifically with the objective of decreasing the presence of high-emitting properties.

Nonetheless, advertisements for such properties – those with the bottom two energy ratings of F and G – have multiplied by 2.5 in recent years.

The head of rental website Bien’Ici worries that sales of such properties will create an “imbalance in the rental market,” citing a rise in tenants, particularly retirees, who have received notices that the landlord intends to sell the apartment.

Experts worry this could lead to a rise in evictions.

General expense and competition

Renting in Paris is at least 20 times more expensive than it was 60 years ago, according to reporting by Franceinfo

Over the last several decades, prices and competition for apartments have been rising. For one-bedroom apartments in France, Paris is the most expensive with the average apartment advertised at €1,292 per month. In 2022, someone working a minimum wage job in France earned €1,269 after taxes for a full-time job.

READ ALSO: How much money do I need to live in Paris?

On top of high prices, those looking to rent in the Paris market must contend with intense competition. Applicants must come with a complete dossier (you can learn more about how to build one HERE). 

The site manager for rental website particulier à particulier (PAP), Laetitia Caron, told Le Parisien in September that “The rental market has become extremely tense due to high demand, up 7 percent compared to 2019.”

In just 48 hours, the site registered over 350 dossiers submitted for a studio apartment in the city.  

What solutions?

Paris’ city public officials have promised to address these issues. Ian Brossat, the head of housing for the city, said he hoped to take legal action against “slumlords” renting apartments that are not sufficient in size or decency. 

Additionally, the French government set up the hotline number, 0806 706 806, where any person – tenant, owner, or otherwise – can call to report “unfit housing.”

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