5 reasons to invest in Annecy

Nestling between the lake and the mountains, Annecy, nicknamed the Venice of the Alps, is a prime destination for property investment. The BFM Immo estate agency, with its rich history and expertise, offers you an exclusive guide to why you should invest in this town. 

1. An attractive property market 

Annecy's property market is characterised by constant growth and diversity. The figures speak for themselves: with an average price of €6,093 per m² for a flat and €7,627 per m² for a house, Annecy represents a sound investment for those looking for a safe bet. These figures reflect the dynamism of a rapidly expanding market and the growing interest in the town. 

The composition of Annecy's housing stock is also an important factor. With 87% flats and 13% houses, the town offers a wide range of choices for investors. This diversity means that everyone can find a property to suit their needs, whether they are looking to invest in a rental property or a second home. 

Profitability and rental potential 

Property investment in Annecy is attractive from a profitability point of view. The average rent for a flat is €16.1 per m², while for a house it is €19.7 per m². These figures illustrate the region's high rental potential, which is essential for investors looking to generate income. 

A dynamic population 

The split between owners and tenants is balanced, with 51% owners and 49% tenants. The town has around 131,715 residents covering an area of 67 km². Annecy attracts a significant number of students and young professionals every year, increasing demand for property. 

Investing in LMNP  

Annecy is a prime location for rental investment under the LMNP (Loueur Meublé Non Professionnel) scheme. Thanks to its success as a tourist destination, with over 2.5 million visitors a year, Annecy offers excellent opportunities for short and medium-term rental investments. This allows investors to benefit from higher tax rates while ensuring strong rental demand. 

2. An idyllic setting 

Annecy offre un cadre de vie exceptionnel. En tant que 2e ville du palmarès 2022 des villes et villages où il fait bon vivre, Annecy allie beauté naturelle et patrimoine riche. La ville est parfaite pour les amoureux de la nature et de la culture. 

3. Green spaces and sporting diversity 

The town shines for its green spaces, such as the Jardins de l'Europe, and for the variety of its sporting activities. From downhill skiing to water sports, Annecy has something for everyone. 

4. A strategic geographical location 

Annecy is around 40 minutes from Geneva, less than two hours from Lyon and a short distance from Chambéry, making it particularly attractive for professionals who want the peace and quiet of a smaller town while remaining connected to major cities. 

Accessibility is another of Annecy's strengths. The town is served by a dense road and motorway network, including the A41, A410 and A40 motorways. These major routes make it easy to travel to France, Switzerland and Italy, and make the region even more accessible.  

5. Annecy's economic and cultural vitality 

Annecy boasts a strong and diversified economic fabric. The city and its region are home to a large number of companies in key sectors such as information and communication technologies, energy and health. This sectoral diversity creates a dynamic and attractive employment pool for a young and skilled population.  

In addition, specialist industries such as sport, mechatronics and business tourism add value to the local economy.  

Investing in Annecy means taking advantage of a stable property market, underpinned by constant demand for accommodation from professionals and young professionals. 

A popular educational centre 

The presence of top-quality higher education establishments, such as the Annecy IUT and the École polytechnique universitaire, also contributes to the town's appeal. These institutions attract students from all over France and abroad, increasing the demand for accommodation. 

A rich cultural and tourist calendar 

On the cultural front, Annecy is a veritable hub of events. Every year, you'll find such well-known events as :  

• The International Animation Film Festival 

• The Venetian carnival 

• Annecy Marathon 

• Lake festival 

• The descent from the mountain pastures

• The Saint-André festival... 

These events create a lively, dynamic atmosphere that is conducive to tourism and economic activity. 

BFM Immo, your partner for property investment in Annecy 

Thanks to its in-depth knowledge of the local market and its expertise, BFM Immo can guide you through the Annecy property market. Whether you're looking for a cosy flat in the town centre, a spacious house on the outskirts, or a profitable rental investment, we're here to meet your needs. Contact us now about your property project.