Investing Argeles Collioure: where to make a rental investment?
13 December 2021
Investing in Argeles Collioure: Buying a rental property on the Côte Vermeille, on the Pyrénées-Atlantiques coast, is a guarantee of year-round appeal and profitability. But should you set your sights on Collioure or Argelès-sur-Mer? Each has a very distinct personality, and its own strengths. Talk to your local real estate agency !
Charm and authenticity: the Collioure advantageBuyers looking for the typical charm of a southern village, cradled by the sun and the waves of the Mediterranean, can turn without hesitation to the beautiful Collioure. With less than 3,000 inhabitants a year, the town offers its permanent or temporary residents a true haven of peace and serenity, in the shade of its sheltered cove and its famous royal castle. Argelès-sur-Mer also has many typical streets in its old center, and exceptional properties. However, the atmosphere will be more modern and effervescent if you dream of a pied-à-terre on the shores of the Mediterranean: the district of Argelès-Plage indeed has the typical physiognomy of a popular seaside resort and many buildings and buildings. condominiums draw their silhouette on the coast.
Investing in Argeles Collioure :Property prices : advantages of Argelès-sur-merThe city of Argelès-sur-mer, with 10,000 inhabitants per year, is distinguished by a rich and diversified real estate stock where second homes clearly dominate: the latter account for more than 61% of the total. housing. With around 14,600 housing units listed in the town, opportunities are numerous and frequent for investors looking for profitable products: the tourist dynamism of Argelès makes it possible in particular to generate a comfortable income from a seasonal rental throughout the summer period, and even well beyond. The variety and abundance of the offer contribute to the moderation of prices: the average price per square meter for the purchase of an apartment in Argelès was € 2,775 on December 1, 2018, and € 2,619 for a house. The average prices observed in Collioure, by way of comparison, are almost 40% higher.
Rents: some key figures The average rent for a two-room apartment in Argelès amounts to € 11.40 per month per square meter. For an equivalent property in Collioure, the same rent is only € 10.30. This is what will appeal to your tenants in search of sun.