Where to invest near the sea on the Côte Vermeille?
Invest in Argelès-sur-MerAt the foot of the Albères, Argelès-sur-Mer extends into the Roussillon plain. The old Catalan village with its typical alleys has grown over time. The town now has 10,515 inhabitants and many residential neighborhoods. In 2015, Insee counted 15,855 dwellings there, of which 33% were main residences, 64.9% secondary residences and 2.1% vacant dwellings. These rates can be explained by figures from the tourist office: Argelès-sur-Mer welcomes up to 650,000 holidaymakers every summer! Each year, hotels, campsites and lodges are full and many tourists turn to vacation rentals. Correctly marketed and well managed, a rental investment in Argelès-sur-Mer is unlikely to suffer from rental deficiency. Diversified, its real estate offer makes it possible to meet the budgetary possibilities of a fairly large panel of investors.
Box: real estate prices in Argelès-sur-Mer Count on average € 2,750 / m² for a house and € 2,620 / m² for an apartment in Argelès-sur-Mer. The Argelsian market regularly offers great nuggets for investors:
- T2, 32 m², close to the beach at € 75,000.
- T2, 34 m², residence with swimming pool at 81,000 €.
- T2, 28 m², city center at € 59,200.
Invest in CollioureFishing port nestled at the end of a small bay, Collioure has retained all its authenticity. Its geography and rich historical heritage make it an internationally renowned destination. In 2016, INSEE counted 2,633 inhabitants, 4,495 housing units, including 29.5% of main residences, 67.4% of secondary residences and 3.1% of vacant housing. The small town, once turned to anchovy fishing, now welcomes 600,000 visitors a year. Tourism marked by the presence of many foreign visitors with high purchasing power. Investing in the high-end seasonal rental market in Collioure is therefore particularly relevant. The property supply, which is extremely limited, nevertheless requires a relatively high budget.
Box: real estate prices in Collioure Count on an average of 4 100 €/m² for a house and 3 800 €/m² for an apartment in Collioure . The opportunities on the Collioure market are rare and you need to know how to take advantage of them:
- T5, 77 m², suburb at 255,000 €.