Residences for Students and Young Working People

Demand for student accommodation is high and there is not enough public-sector supply to meet it. A third of students have trouble finding somewhere to live and that figure rises to two-thirds in the Paris region, according to a survey carried out by the National Observatory of Student Life in 2006. Under these circumstances, private-sector residences have been highly successful. At the present time, three times as many private residences are being built as public.

Greater expectations for comfort and convenience are one reason for the enthusiasm for private-sector accommodation, since students are looking for furnished accommodation equipped in a way that will allow them to concentrate on their studies.

Bouygues Immobilier designs and builds professionally-managed serviced residences ideally suited to students' needs.

• Rooms, studios or small apartments are furnished and equipped to make it easier for occupants to live and study.
• As well as breakfast, various services are provided to save occupants the chores of laundry, household linen, cleaning, etc.
• Also designed as places where people live and meet, the residences often have meeting rooms, video rooms, leisure facilities, etc.
• They are ideally located close to universities or centres of higher education (two or three stops by public transport).

Investing in a student residence has many advantages:

• Attractive tax breaks are available for investors.
• Students often qualify for housing benefit, giving a guarantee that rent will be paid.
• The risk of vacancy is very low because demand is so high.

For the host community:
• The quality of the student residences designed and built by Bouygues Immobilier enhances the community and makes them easy to promote.
• The services they provide generate local jobs.

Recent projects completed by Bouygues Immobilier:

• Cours Richelieu, 99 units for Antaeus at La-Roche-sur-Yon,
• 136 units for Lamy in Lyon,
• 150 units in Rennes.