Located 5 minutes from Anglet, 10 minutes from the beaches of Biarritz, and just a stone’s throw from Spain, Bayonne is the most populous city in the Basque Country. With a population of over 51,400 and designated a “City of Art and History,” Bayonne is a wonderful place to live. Beyond its exceptional location, it offers a peaceful environment and a pleasant quality of life for its residents, not to mention its proximity to the ocean.
Bayonne’s population growth and economic vitality make its real estate market attractive. With rising rental demand and prices per square meter on the rise, this market is favorable for rental investments. Bayonne offers a diverse housing stock with a median price of €4,000 per square meter. If you’re interested in investing in a new-construction property in Bayonne, the city is also eligible for the Pinel program.
But to find a tenant quickly and enjoy a good return on your investment, choosing the right neighborhood is essential. Here are the best neighborhoods in Bayonne for real estate investment in 2023.
1 – Little Bayonne
The Petit Bayonne neighborhood, in the heart of the city, offers ideal conditions for a rental investment. Home to the new university, Petit Bayonne is a lively and festive neighborhood that has also managed to preserve its cultural heritage. Notably, it features a Neo-Gothic church and the Basque Museum. Student life is very much a part of the neighborhood, and it attracts young professionals. An investment in a small one-bedroom apartment, for example, can offer a good return.
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2 – Greater Bayonne
At the confluence of the Adour and Nive rivers, Grand Bayonne and Petit Bayonne form the heart of the city. As the city’s historic center, Grand Bayonne is home to most of the shops and services. It is also home to City Hall and the main landmarks that contribute to Bayonne’s cultural richness.
This neighborhood is famous for its traditional Basque houses. These are all factors that make it a good location for a rental investment, whether in new or older properties. The price per square meter can be negotiated around €3,500.
3 – The Saint-Esprit Neighborhood
Located on the right bank of the Adour River, Saint-Esprit is a rapidly expanding neighborhood undergoing a complete transformation. It is in this increasingly vibrant neighborhood that the “Rive Droite de l’Adour” urban development project is taking shape. The average price per square meter is €3,750, and rents are affordable. You’ll also have no trouble finding new-construction housing projects here.
Located near the train station and local amenities, and served by “tram’bus” electric bus lines, the Saint-Esprit neighborhood attracts tenants—particularly families, but also newcomers. Two- and three-bedroom apartments, in particular, are in high demand there.
4 – The Arena
Also located near downtown, the Arènes neighborhood offers all the amenities you need. It is dotted with shopping streets and green spaces that are perfect for walking and relaxing with the family. It is one of the most sought-after neighborhoods in Bayonne, with a median price of €4,560 per square meter for apartments and €5,825 per square meter for houses.
5 – The Saint-Étienne Arrousets Neighborhood
Located on the north bank of the Adour River, Saint-Étienne Arrousets offers a peaceful setting and features green spaces. It’s easy to reach downtown Bayonne from this neighborhood, which also provides convenient access to neighboring towns via major thoroughfares. It is served by several bus lines as well as a tram-bus line. The average price per square meter here is €3,800 for an apartment and €3,980 for a house.
6 – The Marracq Neighborhood
The Marraq neighborhood is home to numerous schools and colleges, as well as parks and public squares. It is also close to the historic center to the north, with its shopping streets. As a result, this neighborhood appeals to families, students, and young professionals alike.
Prices there are above average, at €3,985 per square meter for apartments and €5,100 per square meter for houses. Variations are to be expected, as prices for single-family homes can exceed €7,000 depending on the street where the property is located.
Are you an investor interested in Bayonne? Get professional guidance—entrust your plan to purchase rental property in Bayonne to your local real estate agency and get the best advice.
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