Real Estate in Grenoble, France
Last updated on Jul 10, 2023
Summary: The most desirable neighborhoods in Grenoble, France are the city center, the Presqu'île, and the Villeneuve area. The average cost to buy a nice 2 bedroom home in Grenoble is around $400,000 USD, while a nice 3 bedroom home can cost up to $600,000 USD. These properties typically include modern amenities such as updated kitchens, bathrooms, and living spaces. Foreigners are allowed to purchase property in Grenoble, however, they must obtain a permit from the local government. An expat looking to buy a home in Grenoble should start by researching the different neighborhoods and their amenities. They should also consider their budget and look for properties that fit their needs. It is also important to contact a local real estate agent who can help them navigate the process and provide advice on the best properties to purchase.
How do I find a place to live in Grenoble?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Grenoble can be done by researching online, attending open house viewings, and going to apartment search websites. Additionally, connecting with friends, family, and former colleagues already living in the city can be helpful as they may have connections that can provide housing options. It is also helpful to look for property listings in local newspapers for available rentals. Reaching out to local real estate agencies can also be a good way to find available housing. Touring the city and neighborhoods to see what places are the best fit for you can also be beneficial," remarked one foreigner who made the move to Grenoble, France.
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We've partnered with Homelike, to connect expats and newcomers with temporary accommodations in France. If you're moving to France, rent a short-term, furnished apartment or home for the first few months from Homelike and take your time figuring out the best place to live in France.
We've partnered with Homelike, to connect expats and newcomers with temporary accommodations in France. If you're moving to France, rent a short-term, furnished apartment or home for the first few months from Homelike and take your time figuring out the best place to live in France.
Learn More
What is a typical expat home or apartment like in Grenoble?
"Expat homes and apartments in Grenoble tend to be modern, with open concept designs and plenty of natural light. Many homes and apartments come with balconies that offer views of the surrounding Alps Mountains. Many expat homes and apartments are located in close proximity to parks, schools, shops, restaurants, entertainment, and public transportation. Inside, expats can often find modern furnishings and appliances, as well as local art and decor," explained one expat living in Grenoble, France, France.
What is the average cost of housing in Grenoble?
If you are thinking about moving to Grenoble, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Grenoble is generally quite high, due to the fact that it is a popular city and the demand for housing is high. Rent prices for an average studio apartment in the city center are around €750-850 and monthly rental costs for a one-bedroom apartment are €1000-1200. Prices will vary based on the size and condition of the apartment. Additionally, there is an average €1000 deposit required for all housing contracts," remarked one foreigner who made the move to Grenoble, France.
Should I buy or rent a home in Grenoble?
If you have not spent a lot of time in Grenoble, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Both renting and buying a home in Grenoble can be beneficial, depending on your particular circumstances. If you are only planning to stay in the city for a short period of time, it may be more practical and cost-effective to rent a home. On the other hand, if you plan to stay in the area for a longer period of time, buying a home could be a more sensible investment. Before committing to either option, it is important to carefully consider the pros and cons associated with each. Additionally, researching the local housing market is crucial to ensure you get a fair deal whether you choose to rent or buy," said one person in Grenoble, France.
What do I need to know when buying property in Grenoble?
When we asked expats what advice they would give a foreigner before buying a property in Grenoble, they said:
"When buying property in Grenoble, it is important to understand the local housing market and the different regulations and requirements that apply. It is essential to be aware of the different types of properties available in Grenoble, their locations, and the associated costs involved. It is also important to understand the process of obtaining a mortgage in France, as well as the process of formalizing a purchase. It is important to be aware of the local taxes, fees, and other charges associated with the purchase. It is also advisable to research the neighborhood, local school districts, public transportation, and shopping options prior to making a purchase," said one person in Grenoble.
Are foreigners allowed to own property in Grenoble?
When we asked expats what advice they would give a foreigner before buying a property in Grenoble, they said...
"Yes, foreigners are allowed to own property in Grenoble. According to French law, foreign nationals are allowed to purchase and own property in France, provided they have the necessary permits and visas. Foreigners must also comply with the same regulations as French citizens when it comes to purchasing property, such as obtaining a mortgage and paying taxes. Additionally, foreign nationals must also obtain a residence permit in order to purchase property in France," said one foreigner living in Grenoble, France.
What appliances are typically included in a rental?
We asked foreigners in Grenoble what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"A rental property in Grenoble typically includes a fridge, an oven, a stovetop, a dishwasher, a washing machine and a dryer. Most of the homes also come equipped with basic items such as an iron, a vacuum cleaner and kitchen utensils. Depending on the property, other appliances might also be included, such as air-conditioners, microwaves and coffee makers," said one person in Grenoble.
Additional Information about Searching for a Home in Grenoble:
We asked foreigners in Grenoble what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Grenoble can look online for listings of available properties, contact local real estate agents for assistance, and search for rental postings on websites such as Airbnb and HomeAway. Additionally, expats can join local expat groups and forums to ask for advice and recommendations from other expats who have already settled in the area," explained one person living in Grenoble, France.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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