Top 5 French Cities with Profitable Real Estate Investments Thanks to Public Transport Developments

2023-07-24 13:35:06

The arrival of public transport in a city often goes hand in hand with an increase in the prices of the local real estate market. However, to open up their urban centers, many French cities are developing their transport in suburban municipalities where prices are affordable. According to our colleagues from Capital here are five cities to watch for a profitable investment in the next few years.

Rennes metropolitan area and Ile-de-France

In the metropolis of Rennes (Ille-et-Vilaine), Saint-Grégoire will see its public transport options multiply in the coming years. This city of less than 10,000 inhabitants, which in 2023 has an average price per m2 lower by around €300 than that of Rennes (€3,761/m2 on average compared to more than €4,000/m2 according to Meilleursagents.com), will benefit from trambuses linking the town to Rennes in 2025 and 2027. On site, real estate prices have already increased by 35.5% in 5 years.

After Saint-Ouen-sur-Seine (Seine-Saint-Denis), where prices have increased by 71% in ten years thanks to the development of line 14, Champs-sur-Marne (Seine-et-Marne) should also experience a meteoric rise in Île-de-France. With the development of the Grand Paris Express, the city, which already has an RER A station, should host a station for the future metro line 15 from 2025, then line 16 in 2028. The extension of line 11 could also stop there. For now, the price per m2 is still affordable, with an average of €3,904 according to Meilleursagents.com.

Three other developing metropolises

The metropolis of Marseille (Bouches-du-Rhône) is also in full development thanks to the major mobility project. One of the municipalities that should benefit the most is Aubagne. While its price per m2 is currently €3,304 according to Meilleursagents.com, the town will be served from 2025 by the Val’Tram project. A greenway project linking Aubagne to Marseille is also under construction. So many prospects that have already increased prices by more than 12% since 2018.

Finally, two other suburban towns should see their prices per m2 increase in the coming years. La Riche (Indre-et-Loire), a small village near Tours, should attract new investors with the new tram line scheduled for 2028. Moreover, 1,300 housing units are under construction. Similarly, Loos (Nord), on the outskirts of Lille, should remain very attractive with the arrival of a new tramway by 2035.

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