Invest in Saint-Michel-l'Observatoire :
Rental yield, Price per m² and Trends

Do you want to make a rental investment in Saint-Michel-l'Observatoire (Alpes-de-Haute-Provence) to supplement your income, secure your assets or benefit from an advantageous tax exemption? Investing in rental property in Saint-Michel-l'Observatoire is a proven strategy, but the best operations all have one thing in common: excellent preparation.

The real estate market in Saint-Michel-l'Observatoire

Key figures in Saint-Michel-l'Observatoire

6.0%
Average yield
9/10
Real estate tension
+1.24%
Price evolution over 12 months

Real Estate Market Projection in Saint-Michel-l'Observatoire

The real estate market in Saint-Michel-l'Observatoire is a dynamic market with a number of buyers 7.0% higher than the number of properties for sale.

Selling prices in Saint-Michel-l'Observatoire should therefore be increasing and the time on market decreasing.

761
Number of households
29.3%
Tenant Population

Selling prices in Saint-Michel-l'Observatoire

Apartments
€1,942
Average price/m²from €1,421 to €3,289
Houses
€2,547
Average price/m²from €1,569 to €3,632

Price evolution in Saint-Michel-l'Observatoire

Monthly rent in Saint-Michel-l'Observatoire

Apartments
€11.3
Average monthly rent/m²from €7 to €17
Houses
€11.3
Average monthly rent/m²from €7 to €14

The housing stock in Saint-Michel-l'Observatoire

Housing distribution by occupants type in Saint-Michel-l'Observatoire

Main and secondary residences in Saint-Michel-l'Observatoire

Housing count% of housing
Main residences54671.7%
Secondary residences18023.7%
Vacant354.6%

Houses and apartments distribution in Saint-Michel-l'Observatoire

Main residences by number of rooms in Saint-Michel-l'Observatoire

Housing count% of main residences
Studios122.2%
2 rooms437.9%
3 rooms10919.9%
4 rooms17231.4%
5 rooms and more21138.6%

General informations

Population in Saint-Michel-l'Observatoire

2,821 km²
Surface
1,226
Population
0
Inhabitants per km²
+14.9%
Population growth
46 years
Median age

Income, Employment and Unemployment in Saint-Michel-l'Observatoire

€28,566
Median annual income
0.0%
Activity rate(15 to 64)
12.7%
Unemployment rate(15 to 64)
4.7%
Unemployment growth

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