Discover the top 5 best cities to invest according to our Lacanau concierge
Many investors are content to buy a home in their hometown, or close to their main residence. Certainly by attachment or to be nearby in case of problems with the tenants. This decision is logical, but is it optimized for all that? There are two types of investors. Those who buy with the heart, preferring the streets of their childhood to build or make their rental investment and those who are emotionally detached from their purchase. They will then look for the best possible location to make their rental investment, without giving importance between their place of residence and the accommodation in question. It is for this second category that your Lacanau concierge has grouped together the 5 best cities for a rental investment.
Understand the concept of performance
When we talk about yield, many individuals imagine that it is simply the amount of monthly income received through rental. However, it is good to remember that the gross return also varies according to the purchase price of your property (this includes notary fees, agency fees, bank charges, etc.). To understand this concept, it is important to differentiate the return from the rental profitability. Yield is a performance indicator expressed as a percentage that helps investors in choosing their rental purchase.
Rental profitability, on the other hand, includes the gross yield of the accommodation, but also the capital gain made on the property when it is resold. This is an updated indication throughout your rental project. To be as close as possible to your expenses, you must take into account the costs due to your tax system as well as the taxes specific to your city.
The 5 best cities for a rental investment
This ranking is likely to change from year to year, depending on the price of real estate in the different cities as well as the attractiveness of the city (and therefore the number of rental requests).
Mulhouse, elected best city with an average real estate yield of 7,59% in 2023
Mulhouse stands out with a relatively low property price (with an average price per m2 of €1, ridiculously low compared to the €581 per m5 in Lyon). This city, although very attractive due to its proximity to Switzerland, remains one of the least expensive in France. This town in the Haut-Rhin attracts with its abundant cultural wealth such as its Christmas market. Attractive in winter as in summer, Mulhouse is an ideal city to benefit from a reliable yield over the long term.
Amiens, the ideal regional capital for a rental purchase
Right in the heart of Picardy, Amiens benefits from a marked landscape identity and offers its visitors a natural environment. Thanks to its central position between Paris, London and Brussels, Amiens benefits from a remarkable attractiveness that no longer needs to be proven. With an average price per m2 of €2, it has an average gross yield of 288%. Voted third best tourist destination in Europe in 6,82 by the site European Best Destination, this amazing city is also ranked the 4th greenest city in France and three times listed as a UNESCO World Heritage Site. Enough to attract a continuous flow of tourists for the happiness of seasonal rentals.
Le Mans, a thoughtful investment for landlords
A medium-sized city, Le Mans benefits from affordable real estate prices (average €1 per m903) while benefiting from its proximity to Angers. Indeed, the real estate market being saturated in this neighboring town, universities tend to open their annexes in Le Mans to accommodate their students. The evolution of the student population is therefore a crucial point to take into account for rental investment. Cradle of the most important car race in the world, Le Mans attracts many tourists in summer and seems to be a perfect city to combine student and seasonal rental in summer. We then understand the gross yield of 2% that this city in the Pays de la Loire presents without blushing.
Brest, a popular metropolis in full expansion
The attractiveness of Brittany no longer needs to be proven, nor even the attractiveness of a city such as Brest. The main university town in Brittany with more than 30 students, the European capital of the sea seduces with the quality of life it offers. The amenities of the city, the development of cultural activities and the heritage offered by this port city attract holidaymakers throughout the year. Its dynamism and authenticity allow the neighborhoods to attract several profiles of tenants, an essential point which allows Brest to come very close to the podium of the best cities for a rental investment. The average price per m000 is €2 for an average rental price of €2 per m174. That is a gross yield of 11%.
Montpellier, first city in the ranking on the shores of the Mediterranean
One could easily imagine that the most profitable cities for seasonal rentals are in the south of France, by the sea. Only, victims of their success, the cities of the Mediterranean basin often present a relatively expensive real estate face. . Montpellier stands out by offering an average price of €3 per m569 for an average yield equivalent to 2%. The city benefits from all the advantages of the South: tourist and cultural attractiveness, it welcomes more than 5,38 students each year and beats a record in 70 with 000 million nights booked during the year. Enough to convince all investors!
How to invest thanks to your concierge service in Lacanau
Although it is impossible for us to list all the cities representing an interest for seasonal rentals, your Lacanau concierge benefits from an optimal positioning for rental purchases. Indeed, thanks to its proximity to Bordeaux (14th in the ranking of the best cities for a rental investment with 4% average gross yield) and the presence of the Atlantic, Lacanau is an investment of choice with a gross yield of up to at 8,4%.
YourHostHelper and your Lacanau Concierge are present throughout France to help you take advantage of the best investments and increase your profitability by taking charge of all of your rental management thanks to the services of our Lacanau concierge.
A real estate investment can be considered in different ways to try to optimize the profitability of your property. This is why studies exist to allow you to know the best cities for a rental investment according to their gross yield. This indicator should be taken into account when thinking about your rental project and will allow you to improve your investments naturally. Your Lacanau concierge accompanies you in your seasonal rentals and helps you find the best opportunities to invest your money.
