Is Montpellier property a good bet?
Yes. Montpellier is growing fast, as is its property market. More and more airlines are flying to Montpellier airport, and the city's close proximity to the sea, good transport infrastructure, and elegant city centre will continue to make it very popular with property hunters for years to come. In short, Montpellier property is a great investment.
Where to look for Montpellier property
Centre-city Montpellier property is almost exclusively apartments, as the city's grand maisons were divided up years ago. The very centre of Montpellier is called the Ecusson (it's shaped like a badge) - and is very elegant. Montpellier property in this area of the city is very expensive, however.
Montpellier property just on the outskirts of the city tends not to be very nice. Like any big city, the surrounding areas can be pretty built-up and ugly. We'd stick to the very centre, or start property hunting even further out.
We'd recommend looking for Montpellier property to the north and west of the city, rather than near the coast. Gignac is a popular town, and close to the beautiful St Guilhem le Desert. You're now getting away from the flat coastal plain around Montpellier, and the land becomes more hilly and green, covered with vines and 'garrigue'.
Montpellier property near the sea
If you're looking for houses for sale in Montpellier, France that are close to the coast, you'll find mostly apartments lining the sea. La Grande Motte is a famous resort, and unlike Carnon and Palavas, relatively chic and attractive (if you like high rises!). The beaches here are pretty good, with Le Grand Travers, Maguelone and La Corniche the best. Don't forget that Montpellier property close to the coast tends to be newer, and the area is generally more built up, and the landscape less pretty.
Montpellier property prices
A typical centre-city Montpelier apartment, with 2 bedrooms, will cost about €300,000. Smaller studios start from about €120,000. Prices for property for sale just outside Montpellier, France are quite high, as the department of Herault is relatively more rich than the Aude or the Gard. It's also very popular, with 1,000 people moving to Montpellier every month.
For example, a basic 3-bed Montpellier house say, currently costs from €300,000, depending on the area, garden size and whether or not there's a pool. Basically, you're competing with Montpellier's commuters, so property prices are higher. A large, 5-bedroom villa just outside Montpellier, with a large garden and pool would cost about €600,000+. But Montpelier property bargains can be found - especially if you're willing to take on a renovation project. Should you not find property for sale in Montpellier that meets your needs on our website, contact an estate agent who works in the Montpellier area.