Located in the inner suburbs of Lyon, Villeurbanne has undergone profound changes in recent years. Major construction projects have been launched to modernize the area.
How will these investments influence the local real estate market?
A dynamic city
Although Villeurbanne may have suffered from a negative image in the past, it is now regaining its appeal. New residents have moved there, making it one of the twenty most populous municipalities in France.
Its geographical location, close to the country’s third largest city, allows it to benefit from a dense transport network. Thanks to the metro, tramway, and bus, it takes just a few minutes to reach downtown Lyon.
The city also offers a wide range of sports and cultural activities (including a renowned concert hall).
To get a complete picture of Villeurbanne’s assets, it is also worth noting that the city is home to six grandes écoles and universities.
Would you like more information or to discuss your project with a real estate professional? Have you already found one or more properties that might interest you? Make an appointment with a real estate agency in Villeurbanne (in French search for agence immo à Villeurbanne) today!
Five rapidly developing neighborhoods
Villeurbanne is changing fast, and certain areas alone account for a large part of the transformations underway. Here are five neighborhoods in Villeurbanne to keep an eye on if you are considering investing or moving there.
La Doua
This neighborhood, located in the northeast of the city, a few meters from the magnificent Tête d’Or park, is home to a large part of the Lyon campus, including the University of Lyon 1. Thirty thousand people pass through or work there every day.
Gratte-Ciel
This complex stands out for its modern architecture, which some even describe as avant-garde. There is a strong presence of shops, including many bars and restaurants. Between now and 2030, this area is also set to undergo a major urban regeneration and expansion project.
Charpennes
Located five minutes’ walk from the center of Lyon, Charpennes is a lively neighborhood bustling with shops. The presence of numerous primary and secondary schools also makes it attractive to young couples with children.
Grandclément
This former industrial wasteland is now undergoing a complete revival. The neighborhood is located near a renowned hospital center, the Médipôle Lyon-Villeurbanne. It is now attracting more and more investors and young professionals, drawn by its potential for transformation and its strategic location.
Ferrandière – Maisons-Neuves
Renowned for its tranquility, this neighborhood seems ideal for first-time buyers thanks to its recent real estate developments. Its good public transportation links and the presence of several schools also make it a sought-after area for young families.
A favorable area for rental investment
Villeurbanne ticks all the boxes for a smart rental investment: a young population, high demand, and still affordable prices. Whether you are looking for profitability or stability, the potential is very real.
Meeting a need
The quality of life and professional opportunities in Villeurbanne are naturally leading to population growth. It is therefore necessary to adapt the rental market accordingly. The city also benefits from several tax incentives, such as the LMNP (non-professional furnished rental) status and the Denormandie law.
Maximizing returns
To make your investment a success, you will need to focus on certain types of housing. Attractive to many students, small furnished studios are in high demand and quickly find tenants.
The same is true for large apartments located in the areas mentioned above. Perfect for shared living, they appeal primarily to young professionals looking to reduce their housing budget.