Why is investing in real estate in France becoming increasingly attractive?

In recent years, Russians have significantly changed their views on purchasing residential real estate abroad. Previously, apartments and houses were seen as places for summer vacations, where one could spend time with family and friends. Now, however, the priorities are completely different. The majority of people recognize the importance of proper investment and strive for the returns on their investments to cover all the costs associated with maintaining the property.

In this context, modern investors have significantly changed their attitude towards the properties they want to buy. While they were previously interested in elite apartments costing around one million euros, currently, more attractive options are becoming studios located in cities with a concentration of universities. After all, such real estate can provide a stable income within5-7%per year.

Reasons for changes in preferences

In addition, many Russians send their children to study in France, so when choosing real estate, they prefer aspects such as:

• proximity to Paris
• coast
• the presence of educational institutions in the region

Real estate in the suburbs of Paris

As for the surroundings of Paris, there are plenty of options for those who want to visit the capital from time to time. Buying property in quieter and more affordable areas is considered a great alternative. If an apartment in central Paris is too expensive, you can find interesting offers in the suburbs with a budget of up to...500,000 eurosfor housing with an area of20 to 30 square meters.

One of the most attractive areas is considered to be the western part of the city, specifically the department of Hauts-de-Seine. The travel time to the very center of Paris takesfrom 15 to 30 minutesThe quality of infrastructure is on par with that of the capital, making these areas particularly attractive to investors.

Examples of profitable offers

For example, in the city of Suresnes, located close to Paris, you can buy a two-room apartment with an area of 40 square meters and a 5-meter balcony for just340,000 eurosSuch offers find their buyers, which creates good investment opportunities.

Upper Savoy: a paradise for investments

Let's also consider Upper Savoy, a region in eastern France that combines both mountain ranges and picturesque lakes. The area is part of the scenic Alps, bordering Italy and Switzerland, and is located not far from Geneva. This place attracts not only with its mild climate but also with its magnificent natural landscapes, providing excellent conditions for year-round living and recreation.

• crystal clear lakes
• delightful waterfalls and mountain rivers
• picturesque gorges and ancient castles
• cozy historical towns with well-maintained gardens
• resorts for winter sports
• beneficial thermal springs

Thus, Upper Savoy is becoming increasingly attractive for those who wish to enjoy the surrounding nature and a high standard of living. This will undoubtedly open new horizons for investments and mark a new stage in their lives.

Tourist destinations and resorts

If you are in cities like Évian-les-Bains, known for its famous Evian mineral spring, or Thonon-les-Bains, which is famous for its spa resorts, as well as near Nernier or Yvoire, just half an hour on a comfortable ferry can take you to the Swiss cities of Lausanne, Vevey, Nyon, or Montreux, located on the opposite shore of the picturesque Lake Geneva.

The alpine ski resorts of Haute-Savoie, such as Megève, Chamonix, and Morzine, offer a variety of slopes and unique opportunities for thrilling skiing adventures.

The city of Annecy

Particular attention in this region is drawn to the enchanting city of Annecy, located on the shores of the lake of the same name, often referred to as the "Venice of Savoy." It is the center of the department, attracting many young people due to the presence of educational institutions and a vibrant life both in summer and winter.

Moreover, in just thirty minutes you can reach Geneva, from where flights to various corners of the planet are available.

Real estate in Annecy

On the secondary real estate market in Annecy, the price per square meter ranges from5000 to 6000 eurosand new apartments cost a little moreten percentResidential properties sometimes exceedone million eurosespecially if they are located right by the water body.

Avoriaz resort

An interesting detail: the resort of Avoriaz, located at an altitude800 metersThere is a restriction on car access. In this place, you can only move around on skis or in horse-drawn carriages that serve as taxis. One of the creators of this resort believed that a Russian theme would perfectly complement the idyllic snowy landscape, which is why you can find names like:

• Dushka Street
• Hotel Malinka

Prospects in the real estate market

For those who are not yet able to invest in Swiss real estate, Upper Savoy offers good prospects. The process of buying property and obtaining residency in France is significantly simpler and less strict compared to the neighboring country. Housing prices and living costs here are much lower, while the quality of life remains high.

Local taxes are also quite reasonable — they are aboutten times less...than in Switzerland, where strict restrictions apply to foreign buyers.

Comfort and infrastructure

The city offers a high level of living comfort, as it has all the necessary infrastructure for this, but it lacks higher educational institutions. For those students who prioritize education, Strasbourg, the capital of Alsace and home to a renowned university with a global reputation, is the best choice.

The real estate market in Strasbourg

The real estate market in Strasbourg is characterized by significant activity in both rental and property sales. The atmosphere of this city reflects its central position in Europe, as it has a well-developed transport network that connects Strasbourg with several cities at both regional and international levels, as well as high-quality infrastructure.

Real estate prices

The prices per square meter in Strasbourg and Biarritz are exceeding7000 eurosHowever, they can vary significantly depending on the location and unique characteristics of the property. For example, an apartment in Biarritz of size...70 square meterswith an ocean view may cost no lessone million euros.

The popularity of Bordeaux

Bordeaux, the capital of Aquitaine, located just two hours by high-speed train from Paris, is rapidly growing in popularity. Currently, many Parisians are choosing this city for living, combining it with work in the capital.

Investment attractiveness

• Bordeauxreal estate is considered a profitable investment for both residential and commercial construction.
• The city is home to numerous educational institutions and businesses, which contributes to a stable demand for housing.
• The cultural life in Bordeaux is rapidly developing, attracting the attention of both residents and tourists.

Culinary traditions and wine

The city itself is known for its exquisite cuisine and delicious wine. In just one hour by car, you can reach the Atlantic Ocean coast, where the resort town of Arcachon is located, famous for its picturesque nature and pleasant climate.

Price ranges in Arcachon

If the prices per square meter in Bordeaux start from5000 eurosIn Arcachon, they are about6000 eurosand above, gradually approaching Parisian prices.

The historical significance of Arcachon

In this city, which gained fame thanks to Empress Eugenie, there has been significant interest from European monarchs since the 1860s. The atmosphere of Arcachon retains the sophistication and charm that have disappeared in many neighboring towns.

Real estate in Occitania

Real estate in the Occitanie region, particularly in cities like Montpellier and Toulouse, is valued for its affordability. The average price per square meter here is approximately3000 euros.

Nature and climate of the region

The nature of the region impresses with its diversity: long sandy beaches coexist with wild lagoons, habitats of pink flamingos, as well as mountains, rivers, and lakes. This amazing place delights both residents and tourists for about300 sunny daysin the year.

Cultural heritage

Historical monuments such as Montpellier, Nîmes, Carcassonne, Uzès, and the Pont du Gard have been included in the list of UNESCO World Heritage Sites.

Conclusion

In conclusion, analyzing the trends in the real estate market in France, one cannot help but notice how investors' priorities have changed. Having realized the need to optimize their assets and seek reliable sources of income, Russians are increasingly turning to the acquisition of properties that generate stable income, rather than simply serving as a cozy place for vacation. Now, the primary interest lies in studios and apartments in student cities, where rental income reaches5-7% per annum.

Promising investment directions

Interesting investment opportunities are emerging in the suburbs of Paris, for example, in the Hauts-de-Seine department, which offers housing at more affordable prices than the capital itself. The following regions are also excellent options:

• Upper Savoy
• Aquitaine

These regions are famous for their nature and resorts, where you can find not only solitude and comfort for living but also excellent conditions for relaxation.

Advantages of the Upper Savoy region

The region of Haute-Savoie entices with its mild climate and picturesque views, attracting both local and foreign buyers. The city of Annecy, known for its educational institutions and vibrant life, is a great example of a place for investment. One of the advantages of living here is:

• The simplicity of the real estate buying process
• Registration of residence permit

Aquitaine and its potential

Aquitaine, with its resorts like Biarritz, offers equally attractive investment opportunities, even if it is not yet well-known among Russians. Nevertheless, this place continues to draw attention due to its:

• Moderate climate
• Wonderful living conditions

It is clear that France offers a variety of opportunities for investors, and many regions, from Paris to the Alps, can be an ideal choice for those seeking both quality housing and financial benefits. The potential of this market continues to grow, and it is definitely worth paying attention to!