Why invest in Marseille?

Marseille: A Regional Capital

Marseille, the second largest city in France, is a dynamic regional capital undergoing major transformation. With modern infrastructure such as the Mucem and the renovation of numerous neighborhoods, the city is increasingly attracting investors. Its port, one of the most important in the Mediterranean, and its international airport enhance its appeal.

The city is also a major university hub, with Aix-Marseille University hosting around 80,000 students. This young and dynamic population contributes to high rental demand, making it an ideal location for rental investment.

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The advantages of Marseille for rental investment

Marseille offers many advantages for rental investment. The diversity of its neighborhoods allows for opportunities suited to different types of projects, whether small units for students or large apartments for families. The city is also highly attractive to professionals, further increasing rental demand.

The quality of life in Marseille is another key asset. Nestled between sea and mountains, the city offers an exceptional living environment with a pleasant Mediterranean climate. Additionally, economic growth is supported by the arrival of new businesses, boosting the real estate market.

Marseille: Excellent quality of life for residents

Marseille is renowned for its exceptional quality of life. The city boasts a unique natural environment with its beaches, calanques, and attractive hinterland. Residents also enjoy a rich cultural and sports life, with numerous events throughout the year.

Transportation is another strength of the city. Marseille is well connected by train, with just a 3-hour journey to Paris. This accessibility increases the city’s appeal for both investors and potential tenants.

The specifics of real estate investment in Marseille

Key figures for rental investment in Marseille

The key figures for rental investment in Marseille are very encouraging. The average return rate is 5.3%, with a price increase of +29.3% over the last five years. The average price per square meter is €3,544, which is lower than neighboring cities like Nice.

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Marseille has a population of 868,000, of which 54.4% are renters. This high proportion of tenants, combined with high rental demand, makes Marseille a very attractive market for real estate investors.

Real estate potential in Marseille: Major renovation projects

Marseille’s real estate potential is strengthened by numerous renovation projects. The city is heavily investing in modernizing its infrastructure and rehabilitating neighborhoods. These projects aim to improve residents’ quality of life and attract new inhabitants.

These renovations also offer opportunities for investors. Buying properties to renovate can increase rental yield. Furnished shared housing is another attractive option for maximizing rental income.

Rental yield: Marseille well positioned among major French cities

In terms of rental yield, Marseille ranks very well among major French cities. With an average yield of 6% in 2023, the city offers high potential compared to other large metropolitan areas. Despite rising property prices, they remain attractive compared to cities like Paris or Lyon.

Opportunities to boost profitability through renovations or furnished shared housing make Marseille even more appealing for investors. The diversity of neighborhoods also allows for projects tailored to various investment strategies.

Where to invest in Marseille?

Which district of Marseille to invest in?

Choosing the right district to invest in Marseille is crucial. Each arrondissement has its own characteristics and offers different opportunities. For instance, the 1st arrondissement, with its lively city center, is ideal for small units targeted at students or young professionals.

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The 8th arrondissement is more residential and appealing to families. It offers a pleasant lifestyle with beaches and green spaces. The 3rd arrondissement, currently undergoing renovation, can also offer great opportunities for those looking to invest in properties needing refurbishment.

The 7th arrondissement, located by the sea and facing the Old Port, provides stunning views. The Saint-Victor neighborhood is particularly popular thanks to its many bars, restaurants, and nightlife. Colorful old buildings mix with Haussmannian and modern structures. Given the tourist demand, investing in a furnished seasonal rental (LMNP) is an excellent way to increase returns. Neighborhoods like Bompard, Endoume, and Le Pharo are ideal for capitalizing on tourist rental demand.

The 9th arrondissement stretches from north to south between the Calanques National Park and the Velodrome Stadium, offering a wide variety of housing. The districts of Mazargues and Cabot are particularly attractive, located between Saint-Marguerite and the Luminy science campus. Investing here allows you to target student demand with studios, small units, or shared rentals. Prices are in line with the Marseille average, offering good rental yields.

The 11th arrondissement, to the east of central Marseille, is more peripheral but still offers solid investment opportunities. It has three TER train stations—La Pomme, La Barasse, and Saint-Marcel—connecting quickly to Marseille Saint-Charles. This area features mainly detached houses and is popular with families due to its calm atmosphere, greenery, schools, and proximity to shopping areas. While primarily residential, some zones—especially around train stations—offer potential for investors.

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The 6th arrondissement is centrally located and known for its vibrancy and quality of life. It includes prestigious neighborhoods like Castellane and Vauban, as well as Cours Julien, famous for its bohemian vibe, cafés, restaurants, and boutiques. This arrondissement is highly sought-after due to its proximity to the city center, reputable schools, and excellent public transport links. Investing in the 6th, whether in upscale apartments or small units, can yield strong returns thanks to high rental demand and competitive property prices compared to other major French cities.

Real estate prices by district in Marseille

Real estate prices in Marseille vary significantly between districts. The average price per square meter in the 1st arrondissement is around €3,200, while in the 8th, it can reach €4,500. The 3rd arrondissement, currently being renovated, offers more affordable prices at around €2,800 per square meter.

These price variations allow investors to choose neighborhoods based on their budget and goals. Districts undergoing transformation can offer attractive opportunities for those seeking to maximize returns.

Neighborhoods to prioritize and avoid in the Phocaean city

Some neighborhoods in Marseille are particularly attractive for rental investment. The Old Port and Le Panier, with their historic charm, draw many tourists and renters. The Joliette district, undergoing major redevelopment, is also very promising.

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Looking to invest in Marseille? Discover our opportunities

If you’re interested in investing in Marseille, many opportunities are available. Whether you’re looking to buy an apartment to renovate or a furnished shared rental, the city offers a wide range of options. Don’t hesitate to browse our listings to find the property that suits you.

Our experts are here to guide you through your investment project. They will help you identify the best opportunities and maximize your returns. Schedule an appointment today to discuss your project.

Take the first step by booking an appointment. Our team handles the rest.

Booking an appointment with our experts is the first step to a successful real estate investment in Marseille. Our team takes care of everything—from finding the ideal property to property management in Marseille. You can invest with complete peace of mind.

Don’t wait any longer to bring your investment project to life. Contact us today to book an appointment and explore all the opportunities Marseille has to offer.

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Summary and FAQ

1. What is the rental yield in Marseille?

The average rental yield in Marseille is 5.3%, with variations depending on the district and type of property. In 2023, the average yield was 6%, which is high compared to other major French cities.

2. What are the best neighborhoods to invest in Marseille?

Top neighborhoods for investment in Marseille include the 1st arrondissement for its lively city center, the 2nd for its renovation projects, the 7th for its proximity to the sea and tourist attractions, the 8th for its residential setting, and the 9th for student demand near Luminy.

3. Is it better to choose an unfurnished or furnished rental?

The choice between unfurnished and furnished rental depends on your goals as an investor. Furnished rentals generally offer higher returns and more flexibility for tenants, making them ideal for small units and shared housing. Unfurnished rentals may offer more stability and attract long-term tenants, often preferred for larger units and families.

4. What are the key figures for rental investment in Marseille?

Some key figures in 2024:

  • Average rental yield: 5.3%
  • 5-year price growth: +29.3%
  • Average price per square meter: €3,544
  • Population: 868,000 inhabitants
  • Proportion of tenants: 54.4%

5. What types of renovation projects are impacting the real estate market in Marseille?

Marseille is undergoing numerous urban renewal projects, including neighborhood rehabilitation, infrastructure modernization, and major initiatives like Euroméditerranée. These projects boost the city's appeal and create opportunities to invest in properties requiring renovation.

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