Montluçon Property Insight

Overview

Montlucon is located in the Allier department, Auvergne. It accounts for 41,357 inhabitants, which makes it the most populated town of the department. This is a lovely town which has much to offer. Between nature and culture, at the heart of a nice French-style park, the town calls for serenity, vitality, voluptuousness, escapism and beauty.

Relaxation in the spa is the best way to forget the stress for a while: the thermal waters in Montlucon are renowned and welcome many visitors each year. The surroundings may be visited by horse, paragliding or climbing to be in good shape: admire the beauty of the scenery and discover the gorgeous castles, medieval city, parks and gardens. After such effort, taste the local specialties and enjoy delicious meals.

Montluçon Immobilier & Property Market Trends

Montlucon is one of the cheapest towns in France in terms of property prices. Indeed, a property there is sold €886 / sq m. Considering the France’s average of €3,197 / sq m, the real estate market in Montlucon offers low property prices. In the Allier department, houses and apartments for sale cost €1,180 / sq m, which is also affordable.

Thus, if you want to invest in the area but have a low budget, Montlucon could be a great location for you. Properties for rent are also cheap: €7.12 / sq m against €12.22 / sq m on average in France.

To get updated info about the property prices in Allier, please browse our French Property Market Reports published in the News Section every month.

3 Reasons to Buy a Property in Montluçon

• Culture, architectural and historical heritage: Montlucon can be divided into two parts i.e. the medieval city and the industrial city. The Chateaux des Ducs de Bourbon is located at the heart of the old town. This quarter is a picturesque area housing many half-timbered properties of the 15th and 16th centuries. In Saint Pierre church, discover one of the most beautiful stone sculptures of France: a piece of art categorized as a French historical monument.

• Economy: Montlucon expanded its industry in the chemistry, pneumatic (Dunlop) and electronics (Sagem) sectors. Recently, the town also developed a state-of-the-art technology centre. About 30 companies are now operating in this area. Now, the area of Montlucon is also committed into sustainable development.

• Location – transport infrastructure: located at the heart of France and in the north of the Auvergne region, Montlucon valley is at the junction of the main road axes of Europe. By car, several motorways drive to Paris, Lyon or Marseille. By train, regional routes connect Montlucon to Paris in about 3 hrs, Bordeaux in 5 hrs, Lyon in 3 ½ hrs and Marseille in 7 hrs.

Property Styles and Architecture in Montluçon

• Bourgeoise houses: also called maisons de maître, they are luxury and massive properties. They come with a piece of land planted with trees, outbuildings, numerous and large rooms. They could be ideal for people who want to set up a B&B or a guest house. Furthermore, the price of such houses is much more affordable in Montlucon than in other areas of France.

• Small farmhouses: they are built with local and cheap materials offering large rooms, outbuildings, land, attic… Located in the countryside, such property offers quietness and beautiful view over the surroundings. Some farmhouses are quite old and need some renovation but others are habitable.

Click here for more info about the Architecture in Auvergne.