Morbihan is in the digital age, and is proving to be a very attractive region for entrepreneurs. Its annual growth rate is now approaching 5%.
This increase is part of a long-established trend, accelerated by the confinement caused by covid 19.
The real estate sector is also constantly innovating!
Over the past 5 years, prices of apartments, houses and land in Brittany have risen steadily. Over 1 year, there has been a significant increase of +14.9% compared to 2020.
In Morbihan, in July 2021, the average price per m2 is €2,610 for a house and €2,980 for an apartment.
Currently in Vannes, the median price per m2 is €3544 for a house and €4028 for an apartment.
On the coast, in Arradon, the average selling price for a house is €4606 per m2 and €4688 for an apartment. On the land side, in Plescop, the average price per m2 for a house is €3335.
It’s worth noting that Vannes is the fastest-growing commune on the market for older homes, with a 16.1% increase over one year and a 61% increase over 5 years!
Some examples of prices in Vannes:
The median price of an apartment is €4,312 for a 1-bedroom, €3,833 for a 2/3-bedroom and €3,480 for a 4-bedroom or more.
The median price per m2 for a house from 100 to 139 m2 is €2,292, with, for example, an average price of €2,581 for a house from 80 to 100 m2, with a plot of less than 500 m2.