Why invest in the Côte Vermeille in 2023?
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Why invest in the Côte Vermeille in 2023?

13 December 2021
From the Racou beach located in Argelès-sur-Mer to Port-Bou on the Spanish border, the Côte Vermeille offers real estate opportunities. But why invest in the Côte Vermeille in 2023? Our real estate agency in Collioure answers you : reasonable prices, diversity of the offer, tourist attractiveness, pied-à-terre and pleasant retirement !

An affordable Mediterranean coast

Although it has nothing to envy to the French Riviera in terms of climate, art of living and historical and landscape heritage, the Côte Vermeille is much more affordable. According to a real estate portal, the average price per m² is 3,586 € in the Var (83) and 4,686 € in the Alpes-Maritimes (06), against 2,203 € in the Pyrénées-Orientales (66)! When we compare the two pearls of each of these Mediterranean coasts, Saint-Tropez (83) and Collioure (66), the difference is even more striking: • you will have to spend an average of € 10,835 / m² to buy in the first, • against only € 4,379 / m² per second! For the same budget, the Côte Vermeille offers much more living space and services than the Côte d'Azur. Some examples of opportunities: • Apartment of 25 m² downtown Argelès: 89,000 €; - Apartment of 77 m² in Collioure : 222 000 € ; • 115 m² house in Argelès: € 299,000; • House of 220 m² on the port in Port Sale: € 360,000.

A very diversified real estate offer

The real estate market of the Côte Vermeille is also characterized by the great diversity of its offer: • fishermen's houses; • village houses; • pavilions; • prestigious villas; • apartments in the emblematic old quarters of the city; • apartments in residence. Here, potential buyers will find something to meet their aspirations and lifestyle, while respecting their budget. The search for the ideal property is made easier once there with the help of a local real estate advisor.

A very attractive destination

Tourism in the Pyrénées-Orientales is doing very well, in particular thanks to the authenticity and preservation of the places, the activities offered and the welcome from Catalans. According to figures from the Pyrénées-Orientales departmental council, more than 8 million visitors come to the department each year and generate nearly 33 million overnight stays. The seaside resorts of the Côte Vermeille (Banyuls-sur-Mer, Argelès-sur-Mer, Collioure, Port-Vendres, Cerbère and Saint-Cyprien) capture most of this tourist windfall. The latter makes seasonal rental potentially more profitable than annual rental. In July, you can charge from 60 to 120 € per night for your studio or one-room apartment on the Côte Vermeille.

Excellent profitability!

Our advice: The seasonal rental is similar to a furnished rental and is eligible for the micro-BIC tax regime. This system is very simple to implement and grants you a 50% flat-rate reduction on the rents and charges collected. This is a particularly advantageous diet!

The availability of a very pleasant pied-à-terre

Seasonal rental, you can completely block one or more weeks per year, in your favor. You benefit from your pied-à-terre between sea and mountains to benefit from the assets of the region as a couple, with family or with friends. Mainline trains, the motorway network or Perpignan airport also allow you to easily reach the Côte Vermeille. It is the guarantee of pleasant holidays in one of the sunniest regions of France!

A retreat in the sun

Investing now in the Côte Vermeille is also a very good way to prepare for your retirement. Profitable by the rental, your accommodation can become when the time comes your main residence for a retirement in the sun. It can also generate additional income when it decreases due to the cessation of your activity: a smart investment to have paid housing in retirement or to consolidate a retirement that we know today. hui uncertain. Investing on the Côte Vermeille is now a way to reconcile heart and soul! You choose a very pleasant destination at a reasonable price and guaranteed profitability. A very rare cocktail on the French coastline that you should know how to take advantage of now thanks to the lowest real estate credit rates.

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