Real estate: the best towns to invest in Vendée
In the business world, real estate remains a safe haven despite economic contingencies. This is precisely why the sector is so popular with seasoned investors and even novices. However, successful real estate investment is not a foregone conclusion. It’s a decision that’s only taken after careful consideration. The choice of investment location is crucial to achieving this. In the Pays de la Loire region, the Vendée has a number of assets that make it an attractive real estate investment destination. Which city should you choose for such a project?
Real estate investment in La Roche-sur-Yon
One of the most attractive towns in the Vendée for profitable investment is La Roche-sur-Yon. It’s a small town in terms of surface area, but it’s taking advantage of its many assets to position itself as a major player in the real estate market. Its location makes it an ideal choice for people who want to live halfway between town and country. Just an hour’s drive from Nantes airport, La Roche-sur-Yon is home to a sizeable student community.
Rental investment for this target group is therefore an option worth considering. You don’t have to be a real estate investment professional to take advantage of the city’s benefits. There are specialized agencies that help private individuals enhance the value of homes they don’t occupy. By calling on such a structure, you’ll learn in detail about the good reasons for investing in the Vendée, and in La Roche-sur-Yon in particular, and benefit from advice on how to make a profitable real estate investment.
If you know what you’re doing, you can become a non-professional lessor (LMNP). Our real estate specialists can find the right property for your project. The local market is dominated by houses in need of renovation and new apartments. According to our information, rental profitability in La Roche-sur-Yon fluctuates between 5.4% and 5.7%.
Invest in Les Sables-d’Olonne
Les Sables-d’Olonne is one of the most popular towns to invest in real estate in the Vendée. This is because the locality offers investors a guarantee of profitability. The town is seductive because of its natural potential. Open to the sea, it offers the promise of escape and rejuvenation. It boasts a lively seaside scene, with its marina, commercial port and fishing harbor.
Tourists looking for maritime activities in the Vendée flock to Les Sables-d’Olonne in summer. The city also hosts a wide range of events. A case in point is the Vendée Globe, a sailing race whose starting point is a port in Les Sables-d’Olonne. As a result, vacation rentals are becoming increasingly popular. At the same time, buying property with a view to resale is also a good investment idea.
Older houses are available in Les Sables-d’Olonne and are the object of much interest among buyers. Likewise, new real estate developments are springing up in the locality, varying the possibilities for investors. Les Sables-d’Olonne’s Pinel classification makes it eligible for the scheme. As an investor, you now have the opportunity to take advantage of this aid mechanism before it is abolished at the end of 2024.
Choose Saint-Jean-de-Monts
In the Vendée, Saint-Jean-de-Monts is a jewel in the crown for its natural attractions. A renowned seaside resort, the town boasts some 8 km of coastline. Properties near the beach are snapped up fairly quickly on the market, and at very high prices. If you have a large budget, consider buying a home in this area. The price per square meter of a new apartment in the downtown beach district averages over 3,400 euros. Admittedly, this price may seem very high given the realities of other local markets in the Vendée, but the profitability is remarkable in most cases.
People who want to settle down near the beach in this town are generally prepared to pay the right price. Rents are quite high, which is profitable for lessors. On the other hand, you can head for the hinterland to save money on your purchase. Apartments and houses can be found here for less than 2,800 euros per square meter. To get the most out of Saint-Jean-de-Monts, enlist the help of a real estate professional who knows the local market inside out.
Saint-Gilles-Croix-de-Vie for real estate investment
With fewer than 8,000 inhabitants, Saint-Gilles-Croix-de-Vie is far from being one of the most densely populated towns in the Vendée. However, it’s undoubtedly one of the places that experienced investors prefer to make great deals. It’s a seaside resort that many French people from other regions, and even foreigners, flock to when the weather permits. The town of Saint-Gilles-Croix-de-Vie offers a wide range of real estate opportunities, making it an attractive destination for nature-lovers. In fact, almost half the population is made up of renters.
At the same time, seasonal rentals are profitable, especially as the number of residents increases at certain times of the year. The budget required to purchase a property in Saint-Gilles-Croix-de-Vie depends, among other things, on location. Depending on your project, it may or may not be more beneficial to invest by the sea. Whatever the case, understanding the local real estate market will require the intervention of a professional. A real estate mandate works in such a way as to offer investors the assurance of satisfaction.
In addition to the Vendée towns presented here, there are many others that deserve the attention of the discerning investor you’d certainly like to be. The Vendée is characterized by towns and cities where old houses and apartments are being put on the market in large numbers. One such town is Le Poiré-sur-Vie, which has all the makings of a small town with a well-preserved environment. This town is popular with couples and retirees who want to live away from the noise and pollution of the urban environment. You can position yourself as a lessor for this audience. Finally, if you’re considering investing in new property, a town like Saint-Hilaire-de-Riez would be a favorable option.