5 Cities In Bretagne With Affordable Real Estate Opportunities

Bretagne, also know as Brittany, is in the Northwest region of France. Made up of four different departments, Morbihan, Ille-et-Vilaine, cotes d’amor, and finistère, it is an area full of beautiful beaches and history, with proximity to the sea. There are several reasons to love this beautiful region, from the weather (It rarely gets too hot or too cold), to its friendly and welcoming people, and its history and closeness to nature.

The real estate market in this region continues to grow even as other areas experience a plateau, with very high prices. Whether you are looking to buy your first home, a vacation home, or a rental property, Bretagne offers you the opportunity to do that without having to break the bank.

In this article, we focus on five cities in Bretagne with affordable real estate.

LANNION

A beautiful town in the cote d’amor department of Bretagne that offers a decent return on investment on rental homes and real estate investments. With lots of companies and industries within proximity, the demand for rental homes is at an all-time high. The average price of real estate here is €1,660 per m², which makes it one of the cheapest locations with affordable real estate. Also, investors will be eligible for income tax credits of up to 21% on investments in old structures and renovations (loi Denormandie) and up to 21% reduction on income tax if the property is to rent for up to 12 years(loi pinel).

SAINT-BRIEUC

Less than an hour drive from Rennes, and two hours thirty minutes from Paris by train, this coastal town with proximity to attractive tourist sites and locations such as Saint-Malo, Bréhat, and côte d’émeraude, is the least expensive city on this list for real estate investments. With an average price of €1572 per m² and a growing student population of about 5700, there is an increase in the demand for rental homes, which makes it an ideal location for real estate investments. Like Lannion, investors in this city are eligible to benefit from the loi Denormandie.

QUIMPER

An ancient city in the finistère department full of history and rich cultural heritage, this is a popular place for older and retired couples. Seasonal tourism is quite popular in this city, as it is close to the sea and many tourist locations in the department, such as Penmarch and Crozon. The cost of investment here is also affordable, with an average price of €1730 per m². There are over 400,000 visitors per year, and the demand for vacation homes and seasonal rental homes is high, which makes it an excellent location for real estate investment.