How to make a rental investment in Marseille?
How to make a rental investment in Marseille?
Owning a property to offer for rent is part of the dreams of many French people. This allows them to benefit from additional income while enhancing their assets. However, this is not a project to be taken lightly. For this to be a success, it is necessary to choose the property in question, its location, its assets, etc. Some cities, such as Marseille, are particularly conducive to rental investment. Find out how to make your transaction a success in Marseille!
What are the advantages of making a rental investment?
Currently, the State offers aid schemes for buyers, with the aim of increasing the number of housing units. In fact, a perform rental investment in Marseille a double impact, both economic and social. Future owners enjoy short and long term benefits. Indeed, the rental property investment allows to have a cash flow each month and thus to benefit from an additional salary or retirement.
In addition, Pinel-type devices also grant significant tax benefits. In addition, you can pass on your investment to members of your family. It is therefore a way to help loved ones by allowing them to find accommodation in good conditions, at reasonable prices and in a city with strong rental demand.
In addition, making a rental investment in Marseille allows you to build up a heritage. Finally, one of the most interesting advantages remains debt financing. Interest, works and certain charges can be deducted from your profit while rents pay all or part of the credit installments.
How to choose the ideal property?
Any rental property investment involves the risk of rental vacancies, unpaid bills and low profitability. To protect yourself as much as possible from these hazards, it is necessary to be attentive to certain criteria before investing.
The first obviously concerns the population. In fact, the rental request must be examined as a priority. Indeed, a city whose demand is greater than supply will be synonymous with rapid rental and at a price. Conversely, if supply exceeds demand, you risk not renting your property.
You also have to pay attention to the neighborhood in which you want to invest. Indeed, some places of life are more popular than others and more or less well served by public transport.
In addition, the economic dynamism of the city must be assessed. The creation of a business or the presence of international groups therefore leads to jobs and therefore a demand for housing.
Finally, think about the target you want to hit. Families do not have the same needs as students or retirees. For a laudable rental investment, put yourself in the shoes of the tenant. If you yourself do not rent the property, then do not buy!
To help you in your efforts and find the most laudable ideal property, you can absolutely call on a real estate hunter in Marseille. The hunter is a professional in the sector who accompanies you in the buying process from A to Z. In addition to providing you with business knowledge, he knows the neighborhoods like the back of his hand and can very easily guide you.
Which areas of Marseille are most sought after by tenants?
Life in the neighborhoods of Marseille is rich, diversified and lively all year round. Thus, the Panier district is attracting more and more tenants. Indeed, this historic district of Marseille lives like a small village in the heart of the Phocaean city. You will enjoy local markets, shops and Marseille soap shops. In addition, the colorful houses and the green alleys are close to all amenities and in particular public transport.
A stone’s throw from the Panier, the Old Port district offers a splendid view of the marina, the Bonne Mère and also the Saint-Jean and Saint-Nicolas forts guarding the maritime entrance. All around the port, you will find many restaurants and hotels as well as a dynamic nightlife that dresses students on weekends.
In the 4and arrondissement, the residential district of Les Cinq-Avenues is ideal for families since several schools, colleges and high schools welcome all ages. In addition, the district has local shops, but above all a green space in the city center. Parc Longchamp offers a pond and an artificial grotto in addition to hosting two museums. Finally, the metro and the tram serve the district.
Why is the real estate market in Marseille so dynamic?
The city of Marseille has a significant economic and student attractiveness, which leads to a growing demand for housing. Marseille is the second French city in terms of health, sectors of excellence and diplomacy. In addition, the Aix-Marseille metropolis welcomes thousands of students in all fields, both at university and in colleges.
Finally, its land links with the TGV and the motorways as well as its sea and air links (Marignane international airport) make Marseille a major economic and cultural center in the South of France.