Flat in Saint-Aubin-les-Elbeuf

Flats in Saint-Aubin-lès-Elbeuf typically trade around €1,600–€2,200 per m². That means a 40 m² one-bedroom can cost roughly €64k–€88k, a 60 m² two-bedroom €96k–€132k. Prices are significantly lower than Côte d'Azur and Provence coastal markets, making Saint-Aubin-lès-Elbeuf attractive for budget buyers.

Yes for steady, local income: gross rental yields commonly range 3.5–6% depending on condition and tenant mix. Demand is driven by commuters to Rouen and local families. Expect medium-term capital stability rather than rapid appreciation; hold periods of 7–15 years suit typical returns.

No. Purchasing property in Saint-Aubin-lès-Elbeuf does not automatically grant residency or a 'golden visa.' Non-EU buyers must apply for the appropriate long-stay visa or residence permit through immigration channels; large business investment schemes are handled separately and require substantial, qualifying economic commitments.

Expect notary and transfer costs of about 7–8% of the purchase price for resale flats (2–3% for new builds), plus possible mortgage fees, diagnostics and renovation cushion. Annual property tax (taxe foncière) and condominium charges (if applicable) should also be budgeted.

Typical timeline: offer to signed preliminary agreement a few days to 2 weeks; 10-day cooling-off period follows; mortgage approval 30–45 days; notary completion around 2–3 months after signature of the promise. Complex cases (heritage, estate issues) can add weeks.

Rental demand is steady from commuters to Rouen, local workers and small families. Typical monthly rents: studios €350–€450, two-rooms €450–€650, depending on condition. Short vacancy periods are common in well-located units near transport and schools.

Sellers must provide DPE and mandatory diagnostics (asbestos, lead, termites, etc.). Energy upgrades can raise value; light renovation costs roughly €300–€600/m², full refit €800+/m². Owners can apply for national energy aid programs (e.g., renovation grants) if eligible.

You pay annual taxe foncière; taxe d'habitation is mostly removed for primary residences but may apply to second homes. Rental income taxed under micro-foncier (30% allowance for <€15k) or real regime; capital gains taxed with tapering relief—income tax exemption after 22 years, social charge exemption after 30 years.

French banks commonly lend up to 80–90% LTV for non-residents with 10–20% deposit plus fees. Typical mortgage terms 15–25 years. Bring proof of income, tax returns and bank statements; pre-approval speeds offers and is useful in the competitive Saint-Aubin-lès-Elbeuf market.

Inspect DPE and diagnostic packet, co-ownership minutes, outstanding works, building permits, and local flood risk maps (area near the Seine can have flood zones). Verify parking, heating system, and annual copro charges. Ask the notary for servitudes and urban planning constraints before committing.