Buy an Apartment in Evian: a profitable real estate investment

Looking for the best place to invest in rental properties?

The department of Haute-Savoie and especially the commune of Evian-Les-Bains is a very attractive place that offers many advantages to buy an apartment in Evian.

Located on Lake Geneva (more commonly called Lac Leman in French), you may at least know Evian-Les-Bains, the world’s best-selling bottled mineral water. With 9,100 inhabitants called the Evianais, Evian-Les-Bains is a charming place to enjoy activities on the lake, stroll through the blooming parks, relax in the hot springs and enjoy the beautiful views of the Alps reflected in the lake. It is a town of flowers.

Stimulated by cross-border workers and tourism, the real estate market in Haute-Savoie is extremely dynamic. This department close to Switzerland is a privileged place to make a real estate investment.

Indeed, the proximity of Switzerland attracts many cross-border workers and the exceptional natural environment makes it a favorite place for tourists.

Vendome International Property, an international real estate company, offers the best properties for sale in Evian.

Overview of Evian Les Bains:

Since the healing and purifying properties of mineral waters were discovered more than two centuries ago, the French Evian-Les-Bains has become a popular destination for rejuvenation and relaxation among the European elite.

Buy an Apartment in Evian: a strategic investment

Investing in real estate remains the most secure way to make your money grow and build up your assets. To make an advantageous investment in rental property, the location of the property is essential.

Choosing Haute-Savoie for your rental investment guarantees you interesting profitability because a rented property quickly finds takers. According to INSEE, Haute-Savoie, with the fastest demographic growth in France (+ 1.4% per year), is an ideal area for rental investments.

If you are buying a new apartment in this area, you may want to consider seasonal rentals. Overall, 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 middle of nature.

Lake, mountains, and culture: an exceptional environment

The proximity of Switzerland: an asset for your investment

The attractiveness of Evian is primarily due to its geographic location.

This town welcomes many cross-border workers who decide to live on the French side because of the lower rents. INSEE estimates that more than 1 in 5 people living in Haute-Savoie, cross the border every day to work.

The Geneva region has a thriving economy and is home to many large companies, particularly in the banking, watchmaking, biotechnology, and aviation sectors.

Buy an Apartment in Evian to rent: benefit from the PINEL law

In the context 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 exemption program was set up by the government in 2014 to encourage owners of new housing to rent it out.