Houses in France are known to be generally cheaper than those in Britain, but in Normandy, prices have hit a new low. One village in the Calvados département is selling off four building plots for just €1 per square metre.
That would put the sale price of each 1km square plot at around just €1,000, or £735.
Unsurprisingly perhaps, the mairie in the tiny village of Champ-du-Boult has been inundated with enquiries.
It’s a very different story from when the plots were on sale for €12 per square metre – and sat untouched for eight years. Mayor Patrick Madeline says he had to act.
He persuaded the council to slash the price of the land as a way of shocking people into showing an interest. He is desperate to stem the village’s falling population. With just 388 inhabitants, the village needs incomers to keep it going, he says.
That’s why he’s placed two conditions on the sales: the buyers must live in the houses full-time and they must be a family with children.
Champ-du-Boult is situated in Lower Normandy, about 60km from Caen. A quarter of the homes in the village are owned by Brits, the majority of whom live there permanently.
“The buyers must live in the houses full-time and they must be a family with children.”
There has been international interest in the four plots – with up to 200 calls or emails a day – but it is Parisians who have been keenest.
In the end, whoever buys them will be sure to have bagged themselves a bargain – and a new life à la campagne.