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an apartment costing more than a million euros cannot find a buyer

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Morbihan Editorial

Published on

Dec 22 2024 at 5:00 p.m.

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THE offices of the old CPAM (Primary Health Insurance Fund) tower of Valves (Morbihan) become housing as part of the group's Renaissance real estate program Giboire. An exceptional property is for sale at the top of the largest tower. State of affairs.

A T7 for sale

The Renaissance residence, awarded the 2022 Silver Pyramids of the FPI Bretagne (Regional Grand Prix), offers apartments from T2 to T7. The top floors offer views of the city and the Gulf of Morbihan. A T7 of 193.3 m² is still available on the 11th and 12th flooralmost 50 meters high.

The price of the apartment, also called “roof houses” by the developer, is as follows: 1 750 000 euros.

“We had interested people and contacts,” explains Guillaume Loyer, regional director of Giboire. “It’s the most beautiful view of . We can see the whole city and the Gulf of Morbihan. We will have a buyer for that,” says one of his colleagues.

The mayor of Vannes David Robo, Michel Giboire and the prefect Pascal Bolot during a visit to the Renaissance project on December 19, 2024. ©Florian Tiercin
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For Michel Giboire, the accommodation will find a buyer. “You just need to visit the property to realize that it is exceptional,” says the president of the real estate group.

@actumbihan

???? This is certainly the most beautiful view of Vannes in Morbihan. ???? We are on the 12th floor (49 meters) of an apartment in the Giboire group's Renaissance tower in the former CPAM building. #Vannes #Brittany #Morbihan #real estate

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Delivery is planned during April 2025.

Marketing launched in 2021

In July 2017, the Giboire group bought the former CPAM to turn it into housing.

Thursday October 28, 2021, at the Palais des Arts et des Congrès, at the foot of the real estate program, Giboire officially launched the commercialisation of the Renaissance residence. There 12 story tower is preserved and rehabilitated (54 housing units). Two other five-story buildings came out of the ground. Six commercial premises are proposed on the ground floor.

The Rohan stream is discovered again. Please note, on the site, Morbihan Habitat has 36 housing units (social rental).

Other (more affordable) housing for sale

A little over three years later, on the 137 apartmentsa sixty remain for sale, according to the developer Giboire interviewed on December 19, 2024. Among them, the housing, the famous T7 (see above) on the top two floors.

“In the current real estate context, this is normal. Interest rates are not in our favor. But we remain confident,” we tell Giboire.

Since the launch of marketing, Giboire has made some discounts.

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