The Provence-Alpes-Côte d’Azur (PACA) region attracts real estate investors because of its diverse landscape, dynamic economy and exceptional quality of life. We have selected for you the top 3 cities where it’s particularly attractive to invest in the PACA region.
1. Marseille: An economic and cultural hub
A city undergoing a metamorphosis
Marseille, France’s second-largest city, is undergoing a profound transformation. With a vast urban renewal program, notably in the Joliette district, the city is modernizing and attracting more and more investors.
An attractive real estate market
Marseille’s real estate market offers a wide variety of properties, from charming apartments in the Old Port to modern houses in residential areas. Property prices remain relatively affordable, allowing for good rental yields.
A dynamic economy
With its port, the largest in France, Marseille enjoys a remarkable economic dynamism. The city attracts numerous companies and start-ups, creating a dynamic rental market, particularly for housing for young professionals.
2. Nice: The pearl of the Côte d’Azur
An exceptional living environment
Nice, with its famous Promenade des Anglais, pebble beaches and Mediterranean climate, offers a highly attractive living environment. It also boasts a rich cultural and historical heritage that attracts many tourists every year.
A stable and promising real estate market
Nice offers a stable real estate market and attractive value prospects, thanks to sustained rental demand, particularly in the tourism sector. Investing in a seasonal rental property in Nice can therefore prove highly profitable.
A developing economic ecosystem
Nice is becoming a major hub for innovation and information technology, which is helping the city’s economic development and job creation.
3. Aix-en-Provence: A high-end real estate market
A city of undeniable charm
Aix-en-Provence, with its cobbled streets, Provencal markets and numerous historic monuments, offers an incomparable quality of life. This city on a human scale is particularly popular with families and senior citizens.
Un high-end real estate market
Aix-en-Provence is renowned for its high-end real estate market. Properties here are often of high quality, with excellent amenities, and rental demand is strong, particularly for character houses and city-center apartments.
A dynamic student city
Aix-en-Provence is also a dynamic student city, home to several universities and grandes écoles. This creates a constant rental demand for studios and small apartments, offering interesting investment opportunities.
Each of these cities offers unique investment opportunities. Marseille, Nice and Aix-en-Provence each have their own dynamics and specificities that make them prime real estate investment locations in the PACA region. Contact us for more information find out about other great cities to invest in.