At the start of 2022, real estate investment remains an interesting investment for the French, encouraged to invest by the rates which remain low. Whether you want to buy a new home to live in, or to rent it out, Marseille offers many possibilities for young people, couples or retirees looking for new real estate programs this year.
Are you planning to buy a new apartment or house in Marseille or the surrounding area? Here’s why and how to take the leap.
Borrowing rates that remain low
Borrowing rates are historically low, and they should not rise in the short term. They are currently at 1% over 15 years and 1.15% over 20 years. Over 25 years, they are at 1.4%. The conditions, of course, vary according to the profiles of the buyers, their contribution and their ability to repay.
Many new real estate programs are underway or completed in Marseille, in lively neighborhoods, with shops, schools, sports and cultural facilities, and served by public transport.
New programs in several districts of Marseille
You are young, single or in a couple, your children will soon be students, and you want to invest in a Marseille new program or around? The Quartus group offers many investment opportunities, whether you want to live in your home, or carry out a real estate transaction to have additional income for your retirement. Wishing to design resilient places to live and create well-being, it has, for example, programs in Vieille-Chapelle, in the 8th, or even in the 11th or 14th arrondissement of Marseille. To best meet new needs, new uses and new lifestyles, this “urban complex” has brought together the main real estate professions, including start-ups and living labs.
The advantage of buying a new home in Marseille
New real estate includes two types of housing:
- Housing to be built or under construction (property for sale in the future state of completion, or VEFA).
To live in the property, you have to wait for it to be delivered. In the meantime, the buyer does not pay the full amount. It is then possible to customize the tiling, the floor or the paintings.
- Housing completed less than 5 years ago and not yet inhabited.
A new accommodation has modern and functional equipment.
A new home meets the energy standards in force. The energy bill is reduced, which guarantees savings in the long term. A new home is also very well insulated acoustically.
When you buy new real estate, you benefit from the manufacturer’s guarantees for ten years if there is damage or malfunction. In addition, the investment is secured by the sales guarantee.
Buying new allows you to benefit from reduced notary fees. The owner pays 2 to 3% of the purchase price (whereas it’s 7 to 8% in the old one).
In some cases, it is also possible to benefit from a reduced VAT rate. A first-time buyer can apply for assisted loans.
The government has also implemented several tax advantages, such as the Pinel law.