Marseille is smaller in size than Paris, but no less picturesque and attractive for investment. Cities are developing, here you can find various options for personal use or for rent. Investing in real estate in Marseille is a guaranteed option to get high income.
Real estate in Marseille: overview of the benefits of buying a home
Marseille has 16 counties, the cost of real estate in which may vary significantly. The main factor of price formation is remoteness from the sea. For example, housing in 2,7,8 and 16 districts is more expensive than in 3,4,15. Here a square meter costs 2 thousand euros. The highest price is in District 5 and 8. They are located in Le Panier and Vieux-Port districts, which are considered prestigious.
Buying property in Marseille is a good investment. The city with amazing architecture, located on the sea coast, surrounded by beautiful nature all year round attracts tourists and vacationers.
Marseille is located at a small distance from major cities in France. You can get to Paris in just 3 hours, with Brussels, Brittany and Burgundy transport connection. Getting on the train, you can visit all of Provence, go to the Côte d’Azur and the Alps. Thanks to the ferry, it is easy to go to Ibiza or Sardinia.
The Mediterranean climate of Marseille provides sunny days almost all year round. Due to this, the flow of fans of sea rest is practically not reduced.
In addition to the resort component, Marseille also has a developed industry, which needs manpower. The harbor plays an important role in the city’s life. It is the largest in France and is the transit of oil from the Middle East and Africa. In addition, Marseille is engaged in the manufacturing of ceramics, shipbuilding, and food industry.
Typical apartment houses in the city are small mansions, but there are also luxurious villas, which are located far from the central part.
Apartments are in demand. At the local real estate market their share is 82.8% of the total number of objects. They are cozy apartments with modern layouts and repairs. They are located in central districts with well-developed infrastructure. A foreigner can buy this type of real estate, especially since the execution of the transaction does not cause any difficulties and does not require much trouble. In most cases, apartments are bought for rent.
The cost of real estate in Marseille is inferior to that in Paris, but if you want to buy a large mansion on the seashore, be prepared to pay a large sum. This type of housing is recognized as the most expensive in all Europe.