Where to Live in France as an Expat: Top Locations for Property Investors

For global property investors, France continues to be one of Europe’s most attractive markets—offering political stability, strong legal protections, and consistently high quality of life. But when it comes to deciding where to live in France as an expat, smart investors are looking beyond lifestyle alone. They're targeting cities and regions that balance liveability with long-term return on investment, rental demand, and growth potential.

Whether you're buying a pied-à-terre, a buy-to-let apartment, or a countryside estate, here are the top places in France where expats are investing and living wisely.

Where to Live in France as an Expat

1. Paris – Prime Real Estate and Strong Rental Yields

Paris remains France’s most sought-after location for property investment. Despite high entry costs, the capital consistently delivers strong rental demand—particularly for furnished apartments in central arrondissements. Paris is also a magnet for international tenants, making it ideal for short- and mid-term rental strategies.

Why invest:

• High rental demand from professionals, students, and tourists

• Historically strong price appreciation

• Excellent liquidity for resale
  

Investor tip: Look for small apartments in the 9th or 11th arrondissement for strong rental yields and growing popularity among young professionals.

2. Lyon – For Culinary Excellence and a Balanced Lifestyle

Often called the “mini Paris,” Lyon combines economic strength with more affordable property prices. It's home to major corporate HQs, universities, and a growing tech scene. Property here tends to offer higher rental yields than the capital, with increasing international interest.

Why invest:

• Lower price per square meter than Paris

• High tenant demand in business and student sectors

• Major infrastructure upgrades and connectivity to Europe
  

Investor tip: Consider Croix-Rousse or Part-Dieu for strong tenant demand and value growth.

3. Bordeaux – Wine Country with Urban Momentum

Thanks to a high-speed rail line that connects it to Paris in just over two hours, Bordeaux has seen a surge in property interest. The city combines lifestyle appeal with real estate growth, especially in short-term rentals and renovated townhouses.

Why invest:

• Strong tourism economy and growing expat base

• Urban regeneration attracting professionals and creatives

• Proximity to vineyards and the Atlantic coast
  

Investor tip: Look for properties in Chartrons or Bassins à Flot—both are rapidly developing with high ROI potential.

4. Nice – For Sun-Seekers and International Living

Located in the French Riviera, Nice attracts affluent expats and tourists year-round. While prices are high, so is rental potential—especially in the luxury and short-term markets. It’s a stable, long-term investment with a well-established expat community.

Why invest:

• Strong demand for seasonal and luxury rentals

• International airport with year-round traffic

• High resale value in prime areas

Investor tip: Focus on sea-view apartments in the Carré d’Or or Mont Boron for premium rental income.ters, global community

• Cons: Expensive housing, tourist-heavy

5. Montpellier – Rising Star in the South

With its youthful population, Mediterranean charm, and growing economy, Montpellier is emerging as a prime investment hotspot. Property prices are still relatively low compared to nearby cities like Nice or Marseille, offering room for capital growth.

Why invest:

• Strong university presence = consistent rental demand

• Investment-friendly policies and urban development

• Mediterranean lifestyle with lower price tag

Investor tip: Target modern developments in Port Marianne or historical properties in the Écusson for maximum appeal.

6. Annecy – Lifestyle + Luxury Real Estate Potential

If you're an expat investor prioritizing both lifestyle and property appreciation, Annecy is a standout. Located near the Swiss border and Lake Annecy, this Alpine town offers prestige, privacy, and year-round tourism.

Why invest:

• High-end real estate market with low volatility

• Strong second-home and luxury rental market

• Popular among Swiss and Northern European buyers
  

Investor tip: Lakefront villas and chalets command premium prices but also deliver exceptional rental returns.

Where to Live in France as an Expat Property Investor

Knowing where to live in France as an expat is about more than just scenery—it’s about choosing locations where property performs. Cities like Paris and Lyon offer consistent rental yields, while lifestyle-driven areas like Bordeaux, Nice, and Annecy present excellent long-term capital growth. Whether you're building a portfolio or buying your dream home abroad, France offers a dynamic range of opportunities for expat investors.

Ready to Start your French Property Journey?

If you want to explore investment properties in France, we can help you. APW Group was founded by expats, for expats; building upon over 30 years of experience in property and fixed income investments.

Our team brings a wealth of experience in the global property market, guiding you through everything from discovering the perfect home to securing visas and navigating local laws with confidence. We’ve helped over 6,000 expats progress their property portfolio in cities all over the world, from Spain and Portugal to Bali and Phuket.

Looking for your entry point into the French market? Get in touch today.