Investment Property in Marseille

Investment Real Estate in Marseille

Marseille property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Marseille .

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Search Map of Marseille Investment Real Estate

Marseille ( mar-SAY, also spelled in English as Marseilles; French: [maʁsɛj] (listen), locally [maχˈsɛjə] (listen); Occitan: Marselha [maʀˈsejɔ, -ˈsijɔ]) is the prefecture of the department of Bouches-du-Rhône and of the region of Provence-Alpes-Côte d’Azur in France. It is located on the coast of the Gulf of Lion, part of the Mediterranean Sea, near the mouth of the Rhône. Marseille is the second largest city in France, covering an area of 241 km² (93 sq mi) and had a population of 870,018 in 2016. Its metropolitan area, which extends over 3,174 km² (1,225 sq mi) is the third-largest in France after those of Paris and Lyon, with a population of 1,760,653 as of 2017, or 3,100,329 (2019) by the broader Eurostat definition of metropolitan region. Its inhabitants are called Marseillais.

Founded around 600 BC by Greek settlers from Phocaea, Marseille is the oldest city of France, as well as one of Europe’s oldest continuously inhabited settlements. It was known to the ancient Greeks as Massalia (Greek: Μασσαλία, romanized: Massalía) and to Romans as Massilia. Marseille has been a trading port since ancient times. In particular, it experienced a considerable commercial boom during the colonial period and especially during the 19th century, becoming a prosperous industrial and trading city. Nowadays the Old Port still lies at the heart of the city where the manufacturing of soap, its famous savon de Marseille, began some 6 centuries ago. Overlooking the port is the Basilica of Notre-Dame-de-la-Garde or “Bonne-mère” for the people of Marseille, a Romano-Byzantine church and the symbol of the city. Inherited from this past, the Grand Port Maritime de Marseille (GPMM) and the maritime economy are major poles of regional and national activity and Marseille remains the first French port, the second Mediterranean port and the fifth European port. Since its origins, Marseille’s openness to the Mediterranean Sea has made it a cosmopolitan city marked by cultural and economic exchanges with Southern Europe, the Middle East, North Africa and Asia. In Europe, the city has the third largest Jewish community after London and Paris.

In the 1990s, the Euroméditerranée project for economic development and urban renewal was launched. New infrastructures and renovations were carried out in the 2000s and 2010: the tramway, the renovation of the Hôtel-Dieu into a luxury hotel, Le Silo, the expansion of the Velodrome stadium, the CMA CGM Tower, and other quayside museums such as the Museum of Civilisations of Europe and the Mediterranean (MuCEM). As a result, Marseille now has the most museums in France after Paris. The city was named European Capital of Culture in 2013 and European Capital of Sport in 2017. Additionally, Marseille hosted matches at the 1998 World Cup and Euro 2016. It is also home to several higher education institutions in the region, including the University of Aix-Marseille.

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The financial stability of Marseille has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Marseille

Renting out your Marseille buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Marseille are – preparation is key.

Set goals based on how much rental yield will be required and the local rental yield rates in Marseille and be prepared to change your initial outlook.
Thoroughly research the Marseille location with a special emphasis on fringe areas outside the main Marseille metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Marseille.
Ensure that your target investment property in Marseille appeals to professionals. This is a demographic that ensures maximum income and low voids.
Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
You may think that managing your Marseille properties yourself is an easy option, but are these savings justifiable when you run into Marseille red tape? Physis Realty Marseille office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Marseille buy-to-rent sector.

With our expert guidance, investing in Marseille provides the secure knowledge that your money is working harder than it would in a local Marseille bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Marseille, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Marseille property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Marseille

Flipping property in Marseille

Flipping property is when we advise clients to buy a Marseille property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Marseille market has a time to react to the renovation.

The Flipping Strategy in Marseille

Investment property flipping in Marseille is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Marseille real estate investments are sometimes referred to by professionals as ‘distressed’ Marseille real estate.

What is distressed Marseille property:

Marseille property in need of renovation
Marseille real estate with a change of purpose and use
Oversold Marseille property
Bank repossessions in Marseille

Put simply, long term investors in Marseille purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Marseille investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Marseille property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Marseille use a minimum profit value of 22% when looking at potential Marseille projects. The reason for this is because there are lots that can go wrong in Marseille property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Marseille

For luxury property investors hoping to add a superb property in Marseille to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Marseille, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Marseille should be entrusted to only the highest-quality agency.

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