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Who are the owners of a holiday home in Brittany?

The spring 2020 containment reminded us: some corners of Brittany are a refuge far from the city and from everyday life for some, and this is not always very well received. Graffiti inscribed on real estate agencies in Morbihan had also recalled the rate of second homes in certain municipalities where the price of real estate is reserved for well-filled portfolios. At a time when real estate pressure is increasing in many areas, the question comes up regularly. But behind these figures, do we only find Parisians for the weekend?

Lots of Bretons

There are, of course, Ile-de-France residents, but they hide another reality: in Brittany, more than four out of ten second homes, or 110,000 homes, belong to owners who live in the region. Bretons therefore own the majority of holiday accommodation … Bretons.

More concretely, what weight does each region represent in the Breton pied-à-terre? Out of ten apartments or holiday homes, four therefore belong to Bretons, three to inhabitants of Île-de-France, and almost another to holidaymakers from Pays de la Loire. The rest is divided between the other regions, with neighboring Normandy and Center-Val de Loire ranking first.

Owners from Île-de-France and major cities

Similarly, we do not find many Bretons in holiday homes in other regions: only the Pays de la Loire and Île-de-France exceed the 3% of second homes occupied by people living in Brittany. This low share is partly explained by the fact that the majority of households with a second home live in a very large city. The classic association of an urban apartment with a second home in the green corresponds more to these environments. Breton buildings, on the other hand, are mainly made up of individual houses.

The travel time to travel to reach your second home reveals the importance of urban centers. In almost all the Breton inter-municipal authorities, more than half of the second homes are 3 hours away or more from their owner’s home. Only the areas of Lorient, Pontivy (56) and part of Finistère have more owners nearby.

Easy income … but not only

This distribution can also be explained by the standard of living of households with a second home. Nationally, a third of second homes are owned by affluent levels. In Brittany, this share is often exceeded on the coast, and climbs to almost half in certain inter-municipal authorities in Morbihan: holiday accommodation on the coast is, unsurprisingly, the prerogative of the wealthiest.

In mirror image, however, we discover the resort areas to which some more modest incomes are turning. Across France, INSEE stresses that for these households, the second home is often close to the place of main residence: less than half an hour’s drive in half of the cases. In Brittany, we find precisely a reduced travel time in all the intercommunalities of Central Brittany. Areas with fewer second homes, of course, but undoubtedly popular with some locals. The Finistère coast, also less attractive, also accommodates more holiday homes for residents of the region.

Second homes on the coast are, on the whole, more often owned by elderly households

In terms of age, the image of the second home set aside for retirement is far from being a myth: in its national report published this summer, INSEE stressed that “second homes on the coast are, on the whole , more often held by elderly households ”. In general, two thirds of second homes are owned by households over 60 years old. A recent study by the Regional Tourism Committee in ten coastal municipalities concluded that the owners of second homes there were 65 years old on average, half of whom had owned their accommodation for more than 20 years.

The youngest in the countryside

The detailed statistics do not allow us to go much further on the specific profile of the owners of Breton second homes in terms of age. However, on this point, the holiday resort plays, once again. “In less densely populated areas, outside the coast and altitude, second homes are less often owned by wealthy households,” explains INSEE. What concludes that the holiday homes in Central Brittany welcome not only less well-off households, but also younger ones.

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