Whether they are looking to settle for retirement or to find a second home, more and more individuals are seeking to buy a property in Brittany.
While they are drawn to the region and its very pleasant climate, they are also very inclined to look for an investment that meets other criteria, including price per square metre and accessibility.
Morbihan, a highly dynamic department
Around the two major centres of activity, primarily maritime, namely Lorient and Vannes, a strong economic territorial network is developing, strengthened by an efficient road infrastructure network. The inland areas are therefore not to be overlooked in terms of opportunities to settle or establish a professional base.
The department, located between Loire-Atlantique, Ille-et-Vilaine, Côtes-d’Armor and Finistère, is centrally positioned. It enjoys unparalleled appeal, in terms of employment as well as culture, for working people or retirees wishing to invest in property.
A highly attractive property market
As the regional economic hub is dynamic, and beyond Morbihan across the whole of Brittany, this undeniably has an impact on the local property market. In addition to the new-build developments that are springing up, the share of older properties, in urban or rural areas, is also particularly substantial.
Ultimately, it is also observed that property prices per square metre are relatively more attractive compared with the rest of France, with clearly superior features.
Coupled with the fact that bank rates have not yet returned to a path of significant increases, and that there are numerous schemes to support home ownership (from the state or local authorities), it is easy to understand the trend noted by property specialists, who agree that property is a preferred target for investors.
Would you like to find out more? The BPS teams welcome you to one of our 4 agencies to show you our outstanding properties—and quite possibly your next favourite!
