Select Living Magazine Issue V | Page 6

- LIFESTYLE -
Western France ’ s Rennes outstrips all other contenders as the number one place to buy property . The lucrative market there is largely thanks to the high demand for rented accommodation from the many students who attend Rennes University . Meanwhile , prices there are less volatile , at € 2,500 per square metre ( compared to € 8,500 in Paris ). Rennes offers plenty of business opportunities , includes a thriving new business district and a smoothly running transport system . Its metro system allows travel within the town , and by July this year , a high speed train will provide even quicker access to Paris . What ’ s more , the western city topped The Local ’ s own rankings of the “ best city in France for expats to live .”
At second on the list , Bordeaux in western France was also noted as a hotspot thanks to the new train line which has slashed the journey time to Paris to just two hours . The average Bordeaux home sells for € 3,250 per square metre /$ 354.00 per square foot .
Third place went to Montpellier in the south , where homes range from € 2,500 to € 3,700 depending on their age . The city ’ s booming Port Marianne area to the south west was noted as being particularly attractive .
In fourth place came Nantes , which was recently classed the best city in France to work in . Nantes has been a bit of a dark horse when it comes to French cities , but by 2016 , it seems that people had cottoned on to Nantes ’ reputation as a great place to work . It was reported that 7,500 people were moving to Nantes every year . And businesses are too . According to the local development agency 2016 was a record year for companies relocating to Nantes . Out of the 86 firms that moved into the area , which will help create 1,400 jobs , a third had upped sticks from Paris .
The full list of the best cities in France to invest in property . 1 . Rennes 6 . Lille 2 . Bordeaux 7 . Strasbourg 3 . Montpellier 8 . Nîmes 4 . Nantes 9 . Grenoble 5 . Lyon 10 . Toulouse
- 6 - 2017 - ISSUE V