Real estate solutions for your business
in the Basque Country?
When it comes to commercial real estate, the Basque Country offers a wide range of solutions to suit your business, with many zones dedicated specifically to different industries or activities.
Business real estate in the basque country
The business real estate infrastructure in the Nouvelle-Aquitaine region has been created to meet the needs of many different sectors in order to facilitate trade in France and abroad. New types of commercial real estate are also being developed, such as coworking spaces and offices dedicated to the development of start-ups.
The business real estate market in the Basque Country is very dynamic, with plenty of opportunities for entrepreneurs wishing to set up in the area. According to the Communauté d’agglomération du Pays Basque’s data from 2020, the region boasts:
- 35,000 m2 of office space, including 24,000 m2 in stock (181 properties)
- 58,000 m2 of business premises and warehouses, including 44,000 m2 in stock (74 properties)
- 55,000 m2 of commercial premises, including 39,000 m2 in stock (244 properties)
We help you find the right office, workshop or other premises for your business by connecting you with local real estate experts and industry professionals. Locations like Bayonne, Biarritz and Saint-Jean-de-Luz are in ever-high demand, but we can show you other areas with great potential.
Finding premises for your business in the basque country
A number of factors need to be taken into account before setting up your company in a new region. Some are quantifiable and fairly easy to predict, such as the cost of buying or renting an office, or issues relating to logistical support. Others are non-quantifiable and more strategic. The BASQUE INVEST team will help you to establish your location criteria and put you in touch with local experts in commercial property management.
How do I find business premises in the Basque Country?
Finding a premises to rent, with the right services, is a crucial first step to take towards your company’s growth and development, especially when considering a move in location.
It is important to draw up an assessment of your requirements and expectations in relation to your budget. To do this, you’ll need to be able to ask yourself the right questions: what is the minimum surface area you require and the maximum rent? Do you need somewhere to receive customers or solely for manufacturing products? Do you need a food processing workshop or a small office? You can then draw up a list of neighborhoods and locations based on geographical criteria relevant to your business.
If that list brings you to the Basque Country, then we can help you from there! Because while real estate agencies, Internet sites and advertisements can be great, they can sometimes fall short. We provide you with advice on commercial real estate, guide you in your search, and use our network to find the gem that will meet all your business needs
What type of business premises should you choose?
There are several types of office rental for your business. If you’re a freelancer or self-employed, you can work from home, so renting office space isn’t essential. However, you need to make sure that :
- Your lease or co-ownership regulations allow it.
- You must be the occupant of the premises.
- Your activity does not cause a nuisance (foot traffic, noise, etc.) for your neighbors.
- You must declare your home-based business to your home insurance company.
Alternatively, you can choose to rent a coworking space. You’ll then have access to an open-plan office. You can rent an office by the day, week, month or even year. You can find them in Biarritz if you want to be close to the ocean or in Bayonne if you prefer to be in a dynamic city center. An office rental in Anglet is ideal for accessibility as are options in Saint Jean de Luz and the main towns on the coast. BASQUE INVEST can also help you discover your future business premises for rent in other exciting towns on the Basque territory.
You can also choose a business incubator, which offers offices, workshops and storage space. The choice of an incubator can also be strategic, as setting up there means gaining access to a network of professionals from different sectors. BASQUE INVEST‘s network can give you access to these structures.
Finally, if you’re looking to rent a small office space, you can set yourself up in a business center.
BASQUE INVEST can offer you free, personalized support in your search for office or workshop space, with its corporate real estate consultancy service.
Why use a commercial real estate consultant?
Commercial real estate is a complex market involving the purchase, sale and rental of workshops, offices and business premises. Commercial real estate consultancy encompasses many different specialties but, broadly speaking, there are two branches: one is for owners and lessors; and the other is dedicated to “users”, i.e. office tenants and/or buyers. The first task of a commercial real estate consultant is to determine and qualify your needs in order to meet them as effectively as possible.
BASQUE INVEST can help you in your search for office space in Biarritz, Bayonne, Anglet, Saint-Jean-de-Luz and the wider Basque Country area. We guide companies in their choice of location and development, analyze opportunities and feasibility, and direct them to the right networks.
We can also point you in the direction of financial support. Since 2008, a law has been in place to support business real estate. It stipulates that in areas where investment aid is granted to SMEs (small and medium-sized enterprises), the amount of aid granted may be up to 20% for medium-sized enterprises and 30% for small enterprises. Aid is granted up to a maximum of €200,000 over 3 years. If this threshold is exceeded, the rate changes to 15% for small businesses and 7.5% for medium-sized businesses.
BASQUE INVEST‘s role in commercial real estate consulting doesn’t stop once you’ve signed a lease with a real estate specialist. By using our services, you also gain access to free, personalized support that will help you overcome other new challenges that come with setting up a business in the Basque Country.
