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What is the rental demand for properties on the Côte Vermeille?
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What is the rental demand for properties on the Côte Vermeille?

27 January 2025

If you own a property on the Côte Vermeille, you may be wondering how to make the most of your investment. Paradise Immobilier, your real estate agency in Collioure, can tell you more about the opportunities offered by the rental market.

The Côte Vermeille: the region's assets

The Côte Vermeille in southern France, close to the Spanish border, is a coastal region with breathtaking scenery. It stretches from Collioure to Cerbère, passing through superb villages such as Port-Vendres and Banyuls-sur-Mer. Every year, this unique area attracts holidaymakers and renters in search of tranquility, nature and discovery. Discover our apartments for sale in Collioure.

An exceptional natural setting

Bordered by the Mediterranean and backed by the Pyrenees, the Côte Vermeille offers a variety of landscapes, from pebble beaches to wild coves, not forgetting the terraced vineyards that produce famous wines, notably the famous Banyuls. Hiking enthusiasts will also be delighted by the many trails along the coast, offering incredible panoramic views.

Rich historical and cultural heritage

The village of Collioure, for example, is renowned for its authentic charm and its influence on great painters such as Matisse and Derain, who initiated the Fauvist movement here. The cobbled streets, colorful houses and famous bell tower on the seafront give the region a unique atmosphere, a blend of Catalan tradition and Mediterranean influence.

Climate: an indispensable asset

With over 300 days of sunshine a year, it's a great place to live all year round. This mild, sunny climate attracts not only summer tourists, but also retirees and families looking to settle here permanently or rent a second home.

Rental market trends on the Côte Vermeille

The rental market in this region has its own characteristics, influenced by the profile of applicants, the seasonality of demand, and the type of property sought.

Tenant profile

The Côte Vermeille rental market attracts a varied clientele. On the one hand, there are :

  • Holidaymakers, mainly families and couples looking for seaside breaks or relaxation in the heart of nature. These renters prefer seasonal rentals to enjoy beaches and outdoor activities.
  • On the other hand, there is a growing demand for long-term rentals, particularly from retirees looking to settle down in a peaceful setting, as well as from professionals, often in the tourism or service sector, looking for accommodation for several months or even years.

Seasonal variations in rental demand

During the summer months, between June and September, demand explodes with the arrival of tourists. This period is characterized by a search for short-term rentals, mainly for houses or apartments close to the beaches.

In the off-season, however, rental demand drops considerably. Tenants looking for long-term accommodation, like local professionals or permanent residents, find more offers available. However, certain periods, such as the spring vacations or the festive season, also see a resurgence of interest in short-term rentals.

Most popular property types

The most popular property types on the Côte Vermeille vary according to the profile of the tenants.

  • Holidaymakers generally prefer houses and apartments, with a preference for accommodation with terraces or gardens to enjoy the view.
  • For long-term rentals, T2 or T3 apartments, close to amenities and the town center, are in demand. Some longer-term tenants also opt for houses, especially those wishing to settle permanently in the region.

Rental prices

Proximity to the sea, property size, facilities (pool, garden) and rental period are all factors that influence the rental price.

In summer, prices can double or even triple compared with the rest of the year. A small apartment with a sea view rents for an average of €600 to €1,000 a week in July and August, compared with €400 in low season. For a larger house with swimming pool, expect to pay €2,000 in high season and around €700 off-season.

For long-term rentals, prices are more stable. A 2-bedroom apartment in the center of Collioure or Port-Vendres can be rented for between 500 and 800 euros per month, while a three-bedroom house generally costs between 1,200 and 1,500 euros per month, depending on its location and amenities. Frontline properties facing the sea are obviously the most expensive.

Factors influencing rental demand

Rental demand on the Côte Vermeille is influenced by several factors:

Tourism

Tourism is undoubtedly the main driver of rental demand on the Côte Vermeille. Indeed, this region enjoys exceptional tourist appeal thanks to its Mediterranean climate, varied landscapes (calanques, mountains, hilltop villages), rich cultural heritage and gastronomy. Every year, these assets attract large numbers of holidaymakers looking for quality accommodation.

Local investments

New infrastructure and development projects in the region are also boosting its appeal. The construction of new roads, the renovation of public spaces and the development of shopping areas are all improving the quality of life and attracting new residents, which in turn is increasing demand for rentals.

Access and transport: the influence of accessibility

The region's proximity to major cities such as Perpignan and Barcelona, as well as good transport links by train and freeway, make it easy for holidaymakers and workers alike to get around. This accessibility makes the region even more attractive, especially for those wishing to settle here for the year or invest in a second home.

Advice from Paradise Immobilier

If you own a property to rent on the Côte Vermeille, here are a few tips to maximize your chances of success:

  • Highlight your property's assets (decoration, features, equipment, location, etc.).
  • Set a rent that's consistent with the market and your property's features.
  • Entrust the rental management of your property to a professional. A real estate agency such as Paradise Immobilier will take care of everything (finding tenants, inventory of fixtures, rent collection, managing any problems...) and guarantee your peace of mind.

If you're looking to rent on the Côte Vermeille, these tips can help you find the perfect property:

  • Before starting your search, define your precise requirements (surface area, number of rooms, budget, etc.).
  • Call on a professional to accompany you throughout your search and offer you a wide choice of properties matching your criteria.
  • Don't hesitate to visit several properties before making up your mind.

Whether you're a property owner or a tenant, Paradise Immobilier is your trusted partner on the Côte Vermeille. The agency has a thorough understanding of the market and the expectations of both parties. We are also committed to providing you with transparent, professional property management, with advisors who are always available and ready to listen. Entrusting your project to Paradise Immobilier means opting for serenity and efficiency.

Don't hesitate to contact us for a free valuation of your property or to tell us about your rental project.

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