Annemasse, the go-ahead approach of a border town

On the border between France and Switzerland, lying south-west of Lake Geneva at the heart of the Greater Urban Area of Geneva, Annemasse is home to almost 35,000 residents, including many "frontaliers".

Annemasse, the go-ahead approach of a border town  - Theme_2104_1.jpg

In a pleasant residence in Saint-Gingolf, this 2-bedroomed apartment (wtih garage) offers a view of Lake Geneva from its balcony. 190.000 €. Citya Valp'Immo (04 50 92 13 23).

The second most densely populated commune in Haute-Savoy after Annecy, Annemasse enjoys the very real advantage of being just 2 km from the canton of Geneva. Benefiting from a railway station and an efficient road network, the commune is looking forward to the introduction of the Leman Express (CEVA) in December 2019, which will serve as a link between the railway networks of the canton of Geneva and Upper Savoy. As an extension of the CEVA, a tramline called the "Tram Annemasse-Genève" will provide services between the centre of Annemasse, Gaillard, Ambilly and Geneva. Later on, this tramline will link Annemasse directly to Geneva in 25 minutes. Seeing in-depth alterations to the appearance of the area around the station - where the mun­icipality is also planning to build a business centre -, these neighbourhoods are gradually undergoing changes in their popularity ratings. In the centre, the creation of the Chablais Parc on a former 5-acre brownfield site is totally restructuring this neighbourhood and boosting its appeal.

Annemasse is also seeing a constant rise in its population figures with a cosmopolitan clientele comprised of many "frontaliers" (cross-border workers). Which results in strong and growing demand for properties at the gateway to Switzerland, especially in areas benefiting from fast and easy access to Geneva. "The image of Annemasse is changing very positively thanks to the creation of the CEVA line and the tramway. The town centre is in fact becoming increasingly attractive with the new Chablais Parc neighbourhood, which is encouraging buyers and, above all, investors, now targetting Annemasse and its surrounding area for its high rental potential," explains Sylvie Léger of the Citya Valp'Immo agency.

"Neighbourhoods around the station, Le Chablais, and the areas of Ambilly and Gaillard are the most sought-after, especially among local and Swiss investors in search of small rental investments near the future tramline, which will bring satisfactory yields, as demand for rentals is high in Annemasse," adds Angélique Tricaud, manageress of the AT Immobilier agency she opened in September, 2015. "With a budget of 90,000 €, you can set your sights on apartments with one main room, to renovate. Impeccable examples can fetch more than 130,000 €." After an upturn in 2016, prices now seem to be holding steady. People working locally are actively looking for 2- and 3-bedroomed apartments ranging from 200,000 to 300,000 €, while first-time buyers focus on 1-bedroomed apartments which can be found for around 200,000 € in new or very recent residences. "As for properties in the 500,000-600,000 € price bracket, they are currently suffering from a lack of buyers."

Back to contents Radia Amar
12/04/2017
You will also like
Greater Geneva and Lake Geneva Greater Geneva and Lake Geneva Greater Geneva and Lake Geneva
Summer portraits of mountain resorts
Summer portraits of mountain resorts With the arrival of fine weather, the renowned resorts of Megève and Le Grand-Bornand appear in a totally different light, as busy and appealing as in winter. Lively and offering a wide array of activities, they increasingly draw a clientele enthusiastic about summer sports and leisure activities in the mountains... Read more >>
Annecy and Le Grand-Bornand Forty minutes apart, these two popular addresses in Upper Savoy embody the region's lifestyle each in its own way. Between lake and mountains, the Venice of the Alps is home to over 50,000 residents. At an altitude of 1,000 metres, the village of Le Grand-Bornand offers a typically Savoyard atmosphere... Read more >>
Annecy and Le Grand-Bornand
Chamonix Mont Blanc, an enviable life-style Chamonix Mont Blanc, an enviable life-style Chamonix Mont Blanc, an enviable life-style
Megève, a legendary resort
Megève, a legendary resort An historic Alpine village which has succeeded in preserving its identity, traditions and authentic charm while developing tourist facilities of international quality, Megève, a member of the prestigious "Best Of The Alps" association, benefits from a magnificent setting at the heart of Le Pays du Mont Blanc, 70 km from Geneva. .. Read more >>
Collonges-sous-Salève, a popular address Between Saint-Julien-en-Genevois and Annemasse, Collonges-sous-Salève lies at the foot of Le Salève, on the border with Switzerland. This pleasant commune with about 3,900 residents covers an area of 6.13 sq. km and offers two main assets : its closeness to Geneva (about 15 minutes by car), and its authentic natural charm... Read more >>
Collonges-sous-Salève, a popular address
Le Chablais, between Geneva and its lake Le Chablais, between Geneva and its lake Le Chablais, between Geneva and its lake
La Clusaz and Le Grand-Bornand, at the heart of Les Aravis
La Clusaz and Le Grand-Bornand, at the heart of Les Aravis Awarded the very select quality label "Top of the French Alps", Le Grand Bornand and La Clusaz are neighbouring village resorts of international renown. At the heart of the Massif des Aravis, between Lake Annecy and the Mont-Blanc mountain chain, these two addresses are emble­matic of Upper Savoy... Read more >>
Annecy, an active market Between lake and mountains, the "Pearl of the Alps" stands at the edge of the lake which bears its name, 50 km north of Chambéry and 40 km south of Geneva. It is home to over 50,000 residents, and almost 210,000 within its greater urban area. .. Read more >>
Annecy, an active market
Saint-Julien-en-Genevois, on the threshold of Switzerland Saint-Julien-en-Genevois, on the threshold of Switzerland Saint-Julien-en-Genevois, on the threshold of Switzerland
Megève, an international resort
Megève, an international resort 70 km from Geneva, at altitudes extending from 1,113 to 2,350 metres, Megève is a niche market not subject to speculation, but characterized by an international clientele and properties highly-prized as second residences. Here, the price per sq. metre is one of the highest in France. .. Read more >>
The most highly-prized addresses in Chamonix Offering luxury boutiques and a good array of restaurants, Chamonix draws a sporty, up-market clientele fond of skiing, mountain climbing, hiking, and quality relaxation at lofty altitudes. .. Read more >>
The most highly-prized addresses in Chamonix
LES GETS - Apartments for sale

LES GETS

439000 €
ALLINGES - Building plots for sale

ALLINGES

100000 €
CHAMONIX-MONT-BLANC - Apartments for sale

CHAMONIX-MONT-BLANC

550000 €
LES GETS - Apartments for sale

LES GETS

335000 €
SEYNOD - Apartments for sale

SEYNOD

476000 €
MARNAZ - Houses for sale

MARNAZ

342500 €
More ads