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Angers: students, a safe bet to make your rental investment profitable

2023-06-05T10:22:01.664Z

Highlights: Investing in Angers is the guarantee of finding a tenant among the 43,000 students in the city. Beware, however, of off-peak periods of the market. Angers, in Maine-et-Loire (49), has many schools on its territory such as Essca, a business school, Esad, a higher school of art and design, Eseo, an engineering school or a university. The student pressure is such that young people are forced "to rent an Airbnb while the school year has been launched"


OUR ADVICE - Investing in Angers is the guarantee of finding a tenant among the 43,000 students in the city. Beware, however, of off-peak periods of the market.


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My cousin is currently studying in Angers and spoke about the difficulties students have in finding accommodation," explains Julien, who decided to buy a 75 m² apartment in the station area to rent it out to students. Indeed, nearly 19% of the Angevin population is students, or 43,000 people. It is therefore the 3rd student city in France. Angers, in Maine-et-Loire (49), has many schools on its territory such as Essca, a business school, Esad, a higher school of art and design, Eseo, an engineering school or a university.

The student pressure is such that young people are forced "to rent an Airbnb while the school year has been launched for more than a month," as Quentin Chancereul, in charge of development in Angers, points out, with the help of Pépite Urbaine, a company specializing in rental investment located in the west of the France. Similarly, "press releases from the town hall of Angers appear to ask residents to welcome students into their homes while they find housing," points out Enguerrand Savy, Ouiker, a rental management service.

Focus on the months of July to October

Thus, investors are (almost) certain to find tenants...

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Source: lefigaro

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