Vannes is the prefecture of the Morbihan department in the Brittany region, situated in north western France. Founded 2,000 years ago by the Romans, the town was built at the mouth of the Vannes River, at the bottom of the Gulf of Morbihan. As a consequence, it became a market town because of its proximity with the sea and the river.
With a population of 53,000 inhabitants in the town centre and a population of 133,000 inhabitants if we include the district of Vannes, it is though not the biggest city of Morbihan (which is Lorient).
Nowadays, the town is attractive for tourists, with its medieval heritage and its sea resort. Moreover, the town received the Pavillon Bleu, symbol of an environmental quality which became a reference for the tourism sector. In addition, Vannes benefits from an oceanic climate, which is characterised by a gentle winter and a not too warm summer.
The big cities of Rennes, Nantes or Quimper can be reached in an hour only, and the economy of the area is particularly based on the services sector. The most important sector is the agribusiness, and then come the production of intermediary products and yachting activities. The building sector, the agriculture and the sea products come after.
In the middle of 2006, the property market in Vannes went to a stop in the steady increase that had been occurring since 2002. Before, the prices were only slightly inferior to the national average and since mid-2006 a real difference can be seen. However, the Morbihan department remains the most expensive one in Brittany. The average price in the area of Vannes is around € 2,300/ s qm.
90% of the whole properties are main houses and only 34.5% are houses, the rest being apartments. Even with the Pavillon Bleu and the good sea resort, just 3.6% of the properties are second houses as the town is not very renowned.
To get updated info about housing prices in the Dordogne, please browse our French Property Market Reports published in the News Section every month.
Built a long time ago by the Romans, the town developed itself a lot. The town reflects the different periods and cultures which it has passed through: the Romans, the Celts but also the Middle-Ages. Today, Vannes has an own identity and has several advantages:
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