Caen is a city in northwestern France, in the region of Normandy, and located on the Orne River, near the English Channel.
Caen can be reached in 2 hours by car or train from Paris, and being part of the attractive Normandy coast has good transport links and sea access, and is a well-known city along the Normandy coast.
The proximity to Paris makes Caen very attractive to buyers looking for French property for investment or perhaps as a second home, who also want efficient transport links making Caen a good option to consider.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
If looking for the best investments in luxury properties in Caen, investors can choose from a wide range of different types of investments in Caen, from residential homes, condos, duplexes, or apartments, to commercial offices, retail stores, or industrial buildings leased to businesses.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
Caen generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Caen is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
Real Estate Agents and Property Developers in France