Invest in Real Estate in Le Havre
Le Havre property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Le Havre .
Search Map of Le Havre Investment Real Estate
Le Havre (, French: [lə ɑvʁ(ə)] (listen); Norman: Lé Hâvre [lɛ ɑvʁ(é)]) is a port city in the Seine-Maritime department in the Normandy region of northern France. It is situated on the right bank of the estuary of the river Seine on the Channel southwest of the Pays de Caux, very close to the Prime Meridian. Le Havre is the most populous commune of Upper Normandy, although the total population of the greater Le Havre conurbation is smaller than that of Rouen. After Reims, it is also the second largest subprefecture in France. The name Le Havre means “the harbour” or “the port”. Its inhabitants are known as Havrais or Havraises.
The city and port were founded by King Francis I in 1517. Economic development in the Early modern period was hampered by religious wars, conflicts with the English, epidemics, and storms. It was from the end of the 18th century that Le Havre started growing and the port took off first with the slave trade then other international trade. After the 1944 bombings the firm of Auguste Perret began to rebuild the city in concrete. The oil, chemical, and automotive industries were dynamic during the Trente Glorieuses (postwar boom) but the 1970s marked the end of the golden age of ocean liners and the beginning of the economic crisis: the population declined, unemployment increased and remains at a high level today.
Changes in years 1990–2000 were numerous. The right won the municipal elections and committed the city to the path of reconversion, seeking to develop the service sector and new industries (Aeronautics, Wind turbines). The Port 2000 project increased the container capacity to compete with ports of northern Europe, transformed the southern districts of the city, and ocean liners returned. Modern Le Havre remains deeply influenced by its employment and maritime traditions. Its port is the second largest in France, after that of Marseille, for total traffic, and the largest French container port.
In 2005, UNESCO inscribed the central city of Le Havre as a World Heritage Site because of its unique post-WWII reconstruction and architecture. The André Malraux Modern Art Museum is the second of France for the number of impressionist paintings. The city has been awarded two flowers by the National Council of Towns and Villages in Bloom in the Competition of cities and villages in Bloom.
The financial stability of Le Havre has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.
Buy to Rent in Le Havre
Renting out your Le Havre buy-to-rent investment property can grow wealth and income.
Whatever your goals with investment property in Le Havre are – preparation is key.
With our expert guidance, investing in Le Havre provides the secure knowledge that your money is working harder than it would in a local Le Havre bank and that future generations of your family will be left with substantial capital growth assets.
We are always happy to advise on buying investment property in Le Havre, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Le Havre property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.
Flipping Investment Property in Le Havre
Flipping property in Le Havre
Flipping property is when we advise clients to buy a Le Havre property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Le Havre market has a time to react to the renovation.
The Flipping Strategy in Le Havre
Investment property flipping in Le Havre is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Le Havre real estate investments are sometimes referred to by professionals as ‘distressed’ Le Havre real estate.
What is distressed Le Havre property:
- Le Havre property in need of renovation
- Le Havre real estate with a change of purpose and use
- Oversold Le Havre property
- Bank repossessions in Le Havre
Put simply, long term investors in Le Havre purchase the property, renovate it and make it a lot more attractive to potential buyers.
Calculate profit that you make from Le Havre investment property flipping:
Final Selling Price less Cost of Purchase less Costs = Profit
Here is an example:
Le Havre property purchase price: $220,000
Renovation costs: $20,000
Other costs: $25,000
Property sale price: $400,000
Experienced property developers in Le Havre use a minimum profit value of 22% when looking at potential Le Havre projects.
The reason for this is because there are lots that can go wrong in Le Havre property flipping and working on a potential margin of 22% should still leave a good margin of error.
Invest through a Fund in Le Havre
Property Secured Investments is a Private Equity fund that invests in Le Havre and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website
Luxury Property in Le Havre
For luxury property investors hoping to add a superb property in Le Havre to their luxury real estate investment portfolio, Physis Realty is a trusted partner.
A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Le Havre, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Le Havre should be entrusted to only the highest-quality agency.