Buying an apartment in Evian: a profitable real estate investment

  • 10 months ago

Looking for the best place to invest in rental properties?

The Haute-Savoie department, and more specifically the commune of Evian-Les-Bains, is a very attractive location that offers many advantages for buying an apartment in Evian.

Located on Lake Geneva (more commonly known as Lac Léman in French), you may be familiar with Evian-Les-Bains, the world’s best-selling bottled mineral water. With 9,100 inhabitants known as Evianais, Evian-Les-Bains is a charming place to enjoy activities on the lake, stroll through the flower-filled parks, relax in the hot springs and take in the beautiful views of the Alps reflected in the lake.

Stimulated by cross-border commuters and tourism, the real estate market in Haute-Savoie is extremely dynamic. This department, close to Switzerland, is an ideal location for real estate investment.

Its proximity to Switzerland attracts a large number of cross-border commuters, while its exceptional natural environment makes it a favorite destination for tourists.

Introducing Evian Les Bains:

Ever since the healing and purifying properties of mineral waters were discovered over two centuries ago, the French town of Evian-Les-Bains has become a popular destination for rejuvenation and relaxation among Europe’s elite.

Now world-famous, Evian is the attraction of the picturesque Alpine region of Haute-Savoie, on the southern shore of Lake Geneva.

Today, modern facilities combine with the old-world charm of the Belle Epoque, making it an attractive destination for romantics, lots of family fun to enjoy the beauty of nature while tasting delicious local food and wine .

Buying an apartment in Evian: a strategic investment.

Investing in real estate remains the surest way to make your money grow and build up your wealth. To make a profitable investment in rental property, the location of the property is essential.

Rental income depends on the property’s maximum possible rent. Vacant leases should be kept to a minimum for as long as the property remains vacant.

Choosing Haute-Savoie for your rental investment guarantees an attractive return, as a rented property quickly finds takers. According to INSEE, Haute-Savoie, with the fastest-growing population in France (+1.4% per year), is an ideal area for rental investment.

What’s more, Evian is close to Annecy, a medieval town known for its charming canals, the “Venice of the Alps”, turquoise-blue Lake Annecy and the surrounding snow-capped mountains. Accommodation is available for purchase and attracts thousands of tourists every year. In winter, the ski resorts welcome a wealthy international clientele.

If you’re buying a new apartment in this area, you may want to consider seasonal rentals. On the whole, Evian is close to the towns of Haute-Savoie (Annecy , Thonon-Les-Bains , Annemasse , Chamonix-Mont-Blanc ), which are particularly appreciated for their quality of life in the heart of nature.

But buying an apartment in Evian is like buying an apartment on Lake Geneva, in Annecy or in the French Alps.

Lake, Mountains & Culture: An Exceptional Environment.

At the foot of the Alps, the Evian-Les-Bains or Haute-Savoie region is fascinating for its quality of life and beautiful natural heritage.

Surrounded by lakes and mountains, Evian boasts a truly exceptional natural environment that has earned it a reputation as an international tourist resort.

In addition to its exceptional natural environment, the town offers a wide range of activities and accommodation for tourists all year round. Its proximity to the ski slopes makes it an ideal starting point for reaching the snow-covered slopes or the verdant mountain pastures in summer.

Evian is a city on water, famous for its world-famous spas and beauty, as well as for the culture that Evian has to offer!

The Palais Lumière, its historic heritage, and other sites dedicated to art and entertainment complete the tourist offer with quality.

Proximity to Switzerland: an asset for your investment.

Evian’s appeal lies above all in its geographical location.

The town is home to a large number of cross-border commuters who decide to live on the French side of the border because of lower rents. INSEE estimates that more than 1 in 5 Haute-Savoie residents cross the border to work every day.

The Geneva region has a thriving economy and is home to many major companies, notably in the banking, watchmaking, biotech and aerospace sectors.

The characteristics of the region have boosted the real estate market thanks to the strong demand for rental properties by workers in Switzerland.

Buy a rental apartment in Evian: benefit from the PINEL law.

As part of a rental investment, you can – under certain conditions – benefit from a tax reduction over several years. How can you do this? Thanks to the Pinel law , a tax-reduction program was set up by the government in 2014 to encourage owners of new homes to put them up for rent.

The good news is that the small commune of Evian-Les Bains in zone B1 Pinel meets the requirements of the Pinel law.

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