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House Hunting in France: An Updated Nineteenth-Century Farm on a French Island


“The activity has been insanely strong over the entire period because the start of the 12 months,” Mr. Kraft said. Foreign buyers, mostly from america, have begun to re-enter the market, following a wave of domestic pandemic buyers. And he noted a second trend: Younger buyers, whom he characterised as dual-income couples of their 30s, 40s and 50s, are also diving in.

“I feel resulting from the pandemic, lots of the younger people realized that a second home doesn’t should be the second home of their parents, which might perhaps be, in France, a grand old house that needs lots of work and restoring, and that is probably very posh and grand but needs lots of upkeep,” he said.

These younger buyers need to upgrade their lives by relocating or buying second properties with modern amenities and simple maintenance. They’re more thinking about travel than in investing in real estate, Mr. Kraft said: “I call this latest wave of buyers the Airbnb generation.”

Coastal properties in most parts of the region start at 750,000 euros ($790,000), with luxury homes on Île de Ré starting at around 1.2 million euros ($1.26 million), said Joanna Leggett, the marketing director for Leggett International Real Estate. On the nearby Île d’Oléron, in addition to within the neighboring coastal areas of Rochefort, Marennes and Saint-Palais-sur-Mer, apartments cost around 200,000 euros ($211,000) and single-family properties start at 450,000 euros ($475,000).

“Those that could be selling a million-euro apartment in Paris could easily afford an attractive home/villa or seafront property on this area,” Ms. Leggett wrote in an email.

Due to its mild climate and exclusive inventory, the La Rochelle area “is a specific favorite of the French,” Ms. Leggett said.

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