Investing in Provence Alpes Cote d'Azur : 5 Reasons to Buy in the Southeast of France
Invest in Provence alpes cote d-azur
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Investing in Provence Alpes Cote d'Azur : 5 Reasons to Buy in the Southeast of France

Mahaut Fauquet
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Modified on
6/12/2024
PACA
Summary

The Provence-Alpes-Côte d'Azur (PACA) region is distinguished not only by its idyllic setting and Mediterranean climate but also by its economic and cultural dynamism. With its varied landscapes, cities of art and history, and picturesque villages, PACA attracts millions of tourists each year, as well as savvy investors looking for stable and profitable real estate investments. Investing in PACA means choosing a region that combines quality of life, historical richness, and economic opportunities. Here are five reasons to invest in the region!

5 reason to buy a house in the south of France

1. High Quality of Life

With its Mediterranean climate, year-round sunny cities, gentle yet active lifestyle, and proximity to everything—sea, mountains, cities, countryside—PACA offers many qualities that make it one of the best places to live in France. Culturally rich, with excellent cuisine, breathtaking landscapes, and character-filled towns, it's hard to find fault with this sought-after region!

2. A Wide Range of Real Estate Options

The real estate offerings vary from urban studios to sea-view villas, alpine chalets, or medieval village stone houses. You can find large country houses with colorful shutters and small townhouses close to all amenities. There really are properties to suit all budgets and desires!

For many buyers, investing in the south of France represents more than just purchasing a second home: it is also a potential future primary residence and the promise of a sunny retirement! Therefore, it's crucial to consider location and accessibility criteria and especially to understand what the locality looks like year-round. Summer and winter are not the same on the Côte d'Azur!

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3. Excellent Investment

Although the price per square meter is generally higher than the national average, investing in PACA represents an excellent investment: the region is full of quality properties, especially in highly sought-after cities! Real estate performs very well even in times of crisis and never loses value. It's an ideal region for any type of investment, whether for a primary residence, a secondary residence with high potential for capital gains, or for short- and long-term rentals.

4. High Rental Potential

As mentioned earlier, whether on the coast or in the hinterland, the region has high rental potential! For long-term rentals, focus on active cities like Marseille, Aix-en-Provence, Avignon, Toulon, or the Nice area and the surroundings of Sophia Antipolis.

For short-term, seasonal rentals, the best returns are made on houses with pools and accommodations close to the sea, whether apartments or houses!

5. Tax Incentives

In France, to address the housing tension in certain regions, the government has implemented several tax reduction schemes for investors who rent long-term. If you are purchasing older properties, inquire about the "De Normandie" scheme for heritage protection. If you're investing in new properties, consider the "Pinel" scheme!

Photo village PACA

Conclusion: A Solid Investment in a High-Demand Region

In summary, investing in Provence-Alpes-Côte d'Azur represents an exceptional opportunity for those looking to combine real estate investment with quality of life. The region offers a diversity of real estate that can satisfy all tastes and budgets, while ensuring added value thanks to its tourist popularity and cultural richness. Furthermore, ongoing commitments to infrastructural development and heritage preservation ensure that PACA remains a top destination for investors. Investing in PACA is choosing a prosperous future in one of Europe's most coveted regions.

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