French property watch: why buy in loire and what prices to expect

DEPARTMENTAL CAPITAL: SAINT-ETIENNE MAIN CITIES/TOWNS: SAINT-CHAMOND, ROANNE Loire is a department name that often trips up foreigners, who imagine the chateaux a long way downstream of the

river that gives it its name. Here the Loire, not yet as wide as it later becomes, runs through a flat plain but with low mountain chains following its course on both sides. There are two

main centres of population. Saint-Etienne, in the south of the department, is by far the largest, with around 175,000 people. To that can be added another 35,000 from Saint-Chamond, with

which it shares a local government _métropole_ status. Up in the north, Roanne has around 34,000 people. All the urban centres are relatively new, springing up during the 19th century when

the region’s coal mines were in full swing and Saint-Etienne became famous for making everything from bicycles to guns. The years after 1945 brought glory, but Loire also suffered quickly

from the closure of industries and mines, and people moved elsewhere to work. Now its population is on the up again, both because the local economy hosts more high-tech businesses,

especially in manufacturing, and because the quiet mountain villages offer a way of life people are increasingly hankering for. Road links are good – the A450 takes you from Saint-Etienne to

Lyon in around an hour, with its TGV station and airport, or you can take the A72 to Clermont-Ferrand. In town, house prices are relatively high but bargains can be found in the

countryside. An example is a near-ruin for €19,000 built next to a departmental road in the commune of Saint-Priest-la-Prugne, west of Roanne. Old, stone-built factories offering lots of

space can also be found for €50,000, ready to be converted into homes. READ MORE: _CHÂTEAU, PAVILLON, VILLA_: FRANCE’S PROPERTY LEXICON EXPLAINED WHAT YOUR MONEY BUYS UNDER €450,000 A large

five-bed, 169m² house with enormous potential for expansion, with 175m² annexes to renovate. For lovers of good wines, you will have the use of two vaulted cellars. This property also comes

with two private parking spaces and a large garage. Located in Saint-Galmier. €289,000 Ref: A17154 A lovely four-bed, 170m² house, situated on almost 1,300m² of land, with swimming pool.

This large and bright house was built in 2013 and is located in a very quiet position on the border between Saint-André-le-Puy and Montrondles-Bains. €449,500 Ref: A18639GDU42 WHAT YOUR

MONEY BUYS OVER €1,260,000 An exceptional bed and breakfast and _gîtes_ with swimming pool, wellness area and open views. This former wine estate has been entirely renovated. The property

consists of five guest rooms, a large _gîte_ with four rooms, and a _gîte_ with two rooms. Situated in Roanne. €1,260,000 Ref: A12582 A 597m² Art Nouveau-style manor house with 1.7 hectares

of land, swimming pool, and five _gîtes_. Ever fancied living in a _chateau_? This stunning 19th century manor house, located in Saint-Julien-Molin-Molette at the gateway to the Ardèche,

could help make your dreams become reality. €1,595,000 Ref: A12285 _Properties available through Leggett Immobilier FRENCHESTATEAGENTS.COM Tel: 05 53 56 62 54_ RELATED ARTICLES FRENCH

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