Thonon-les-Bains Property Prices, Rents & Rental Yields

About Thonon-les-Bains

Set between Lake Geneva and the first Alpine foothills, Thonon-les-Bains blends lakeside living with a well-connected position in Haute-Savoie. Its setting gives the city a distinct appeal for apartment investors looking at a market shaped by both leisure and regional employment links.

July 2026 brings the clearest signal: apartment prices moved up sharply over the month, while rents softened. The average sale price reached €309,000, with the average price per square metre at €4,750, up 14.9% and 10.5% respectively month over month. Against that, the average rent slipped to €890, down 4.0% from the previous month.

That split creates the main tension in the market note for Thonon-les-Bains. On the one hand, the yearly picture still shows rental growth, with average rent up 12.2% year over year. On the other hand, the average sale price is down 3.4% year over year, suggesting that recent monthly pricing has strengthened even as the broader annual comparison remains more restrained. For investors, the result is a yield of 4.64%, which helps frame the current balance between purchase pricing and income potential. In other words, July looks less like a simple uplift across the board and more like a month where capital values and rent moved in different directions.