Rennes best French city to buy property in

Rennes has been named the best city in France in which to buy a property.

Results of a new survey carried out by French real estate ad publishers Explorimmo and Explorimmoneuf, reveals that the capital of Brittany currently offers French property investors the best chance to see a return on their investment.

The survey ranked cities on a range of factors, including including demographic change, the jobs market, the presence of a university, as well as the comparative price of renting a studio.

Rennes came out on top of the rankings after scoring highly in many of the categories. Not only are prices in the city still affordable (averaging around 2,500 euros per square metre, compared to 8,500 euros in Paris), but there is also high demand for rented accommodation from the many students who attend Rennes University.

There is also a thriving new business district in the city, and a smoothly running transport system which will be boosted this July by the introduction of a high-speed rail-link between Rennes and Paris.

Bordeaux was ranked second on the list. The south-west city also scored highly for affordable property (3,250 euros per square metre) and like Rennes benefits from good transport links to Paris.

Another southern city, Montpellier, was third, with Nantes (recently named best city in France to work in) was fourth.

Top ten cities in France to buy a property

  1. Rennes
  2. Bordeaux
  3. Montpellier
  4. Nantes
  5. Lyon
  6. Lille
  7. Strasbourg
  8. Nimes
  9. Grenoble
  10. Toulouse

Article published 9th May 2017