Invest Argeles Collioure: The acquisition of a rental property on the Côte Vermeille, on the coast of Pyrénées-Atlantiques, is a pledge of attractiveness and profitability throughout the year. But should you set your sights on Collioure or Argelès-sur-Mer? Each has a distinct personality, and unique strengths. The point with your real estate agency!
Charm and authenticity: Collioure advantage
Buyers looking for the typical charm of a southern village, rocked by the sun and the waves of the Mediterranean, can turn without hesitation to the beautiful Collioure. With less than 3,000 inhabitants year-round, the town offers its permanent or temporary residents a haven of peace and serenity, in the shade of its sheltered cove and its famous royal castle.
Argelès-sur-Mer also has many typical streets in its old center, and exceptional properties. The atmosphere will however be more modern and effervescent if you dream of a pied-à-terre at the edge of the Mediterranean: the district of Argelès-Plage has indeed the typical face of a popular seaside resort and many buildings and condominiums draw their silhouette on the coastline.
Invest Argeles Collioure: Property Price: Argelès-sur-Mer advantage
The city of Argelès-sur-Mer, with 10,000 inhabitants year-round, is distinguished by a rich and diversified housing stock where the secondary residences dominate: the latter account for more than 61% of the total housing. With around 14,600 dwellings registered in the municipality, the opportunities are numerous and frequent for investors looking for profitable products: the dynamic tourism of Argelès makes it possible in particular to release a comfortable income from a seasonal hiring during all the summer period, and even far beyond.
The variety and abundance of the offer contribute to the moderation of prices: the average price per square meter for the purchase of an apartment in Argelès amounted to € 2,775 on December 1, 2018, and € 2,619 for a house. The average rates observed at Collioure, for comparison, are almost 40% higher.
Rents: some key figures
The average rent for a two-bedroom apartment in Argelès is € 11.40 per square meter. For a property equivalent to Collioure, the same rent is only € 10.30. This will seduce your tenant in search of sun.
Arts and culture: Collioure advantage
The small town of Collioure is nationally famous for the richness of its historical and architectural heritage: remarkable sites such as the Royal Castle, Fort Saint-Elme, Fort Dugommier and the Tour de l’Étoile contribute to forging a very specific Colliourencque identity and imprint of pride.
The unique landscapes of the town have also attracted several generations of artists including Jan Vakowskaï, Henri Vergé-Sarrat and many figures of the fauvist movement.
Invest Argeles Collioure: Facilities and activities: Argelès-sur-Mer advantage
Argelès-sur-Mer, because of its larger size, offers its inhabitants a greater range of services and activities. The district of Argelès-Village is particularly known for its charm and the density of local shops, complemented by a hypermarket at a convenient distance. The city is also characterized by the presence of a large number of campsites open year-round or part of the year, and which can offer new investment opportunities in seasonal rentals.
Festive and cultural news is also quite rich. In addition to the patronal feast of 27 September and the traditional New Year’s Day fair, Argelès hosts every year a music festival (“Les Déferlantes”), but also a festival dedicated to the art of cinema in all its forms ( “The Cinemaginary Encounters”).
Transport networks: draw
Argelès-sur-Mer and Collioure, both nearby, are both far from the A9 motorway linking Perpignan to Spain, which contributes to the tranquility of the area. It takes about half an hour to reach the prefecture of Pyrénées-Orientales from Collioure, a little further, and 25 minutes from Argelès.
Collioure provides an urban shuttle for travel in the city, while Argelès provides municipal bus and train transportation via the TAM.
Attractiveness, strong tourism potential … Both Argelès-sur-Mer and Collioure have undeniable assets in the eyes of a lessor. The network of agencies Côte Vermeille is at your disposal to guide you to the most judicious strategy.