The real estate market in Marseille has been boosted by an intensification of local and international interest in the city; and today property for sale in Marseille is incredibly in demand.
Report filed under: Buying Property Abroad Guides » Property in France Buyer's Guides
Thu, January 26, 2006 - 1:27 pm EET
The trendy and cosmopolitan French Mediterranean port city of Marseille in Provence has benefited massively from the creation of fast train links from Paris and the arrival of low cost airlines to the city’s international airport; almost overnight this southern French city has become a magnet for visitors drawn to its cultural heritage.
The real estate market in Marseille has naturally been boosted by this intensification of local and international interest; and today property for sale in Marseille is incredibly in demand with investors buying to achieve the strong rental yields possible and those in search of a home in the south of France drawn to the synergy of dynamism and culture that Marseille offers.
As famous for its theatre, cinema, fashion and arts scene as it is for its stunning geographic location, Marseille is a destination that offers something for everyone. The cultural heart of the city is vibrant, lively and fun, the shopping and cafe culture in Marseilles is endemic, the city embraces the Mediterranean Sea and beautiful sandy beaches are just a stones throw from the city centre. Those who have a home in Marseille have the best of the south of France enjoying the finest culture, lifestyle, weather and food possible!
Property for sale in Marseille has risen in demand since the city became known as the ‘hippest spot in France’ and new fast train links now connect the city to Paris in three hours and London in less than seven. As a result brand new apartments available in developments like Pavillon Massalia, which is located in La Belle de Mai right in the very heart of the city, have been jumping off the shelf as investors and home seekers buy off-plan and pre-construction to secure their place in the Marseille property market.
Pavillon Massalia is a new development of one, two and three bedroom luxury apartments that basically sell themselves. They are typical of the fantastic new French property coming onto the market in rejuvenated Marseilles as they offer the inhabitants the best in terms of location, location, location, they offer the investor the best in terms of rental yield (in excess of 8%) and they offer the purchaser the best terms around with up to 80% finance available on all apartments.
When you add to this the fact that the apartments have been architecturally designed to offer the best in terms of modern design and luxury living you can see that you have the perfect opportunity to own the finest real estate in the most exciting city in France and achieve strong capital growth as well as healthy rental yields if you so desire - and you have a base in the south of France too which can’t be bad!