Real Estate in Marseille, France
Last updated on Jun 05, 2024
Summary: Expats and retirees talk about real estate in Marseille, France? How do you find a home in Marseille? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Marseille?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Marseille, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small studio apartment to a larger family home. Next, you should research the different neighborhoods in Marseille to find one that suits your lifestyle and needs. Some popular areas include Le Panier, known for its old-world charm, or La Joliette, which is a modern, bustling area with many shops and restaurants. Once you've identified your preferred area, you can start your search for a property. There are several online platforms that list properties for rent or sale in Marseille, such as Seloger, Leboncoin, or Pap. These websites allow you to filter your search based on your preferences, such as the number of bedrooms, price range, and location. In addition to online searches, you might also consider hiring a real estate agent. They can provide valuable local knowledge and help you navigate the French property market. When you find a property you're interested in, you'll need to contact the landlord or estate agent to arrange a viewing. It's important to ask plenty of questions during the viewing to ensure the property meets your needs. If you decide to proceed with a property, you'll need to provide several documents to the landlord or estate agent. These typically include proof of income, identification, and possibly a reference from a previous landlord. Once your application is accepted, you'll sign a lease agreement. Be sure to read this carefully and understand all the terms before signing. Finally, you'll need to arrange utilities and internet for your new home. Some properties may include these in the rent, while others will require you to set these up yourself. Remember, finding a place to live can take time, so it's important to start your search well in advance of your move to Marseille," remarked one foreigner who made the move to Marseille.
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What is a typical expat home or apartment like in Marseille?
"A typical expat home or apartment in Marseille, is often located in the city center or in the more residential neighborhoods. These homes are usually in close proximity to local amenities such as shops, restaurants, and public transportation. The apartments are often housed in traditional French buildings, with high ceilings, large windows, and sometimes even with original features like wooden beams or ornate moldings. The size of the apartment can vary, but it is common to find one or two-bedroom apartments for expats. The living area is usually spacious, with a separate kitchen equipped with modern appliances. Some apartments may also have a small balcony or terrace, offering views of the city or the sea. The interior design often combines traditional French charm with modern comfort. It's common to see a mix of antique and contemporary furniture, with a color palette that reflects the Mediterranean surroundings, using shades of blue, white, and earth tones. Most expat homes in Marseille come furnished, but there are also options for unfurnished apartments for those who prefer to bring or buy their own furniture. The apartments usually have a bathroom with a shower or bathtub, and some may even have an additional guest toilet. In terms of utilities, most apartments in Marseille are equipped with central heating, and some may also have air conditioning, which can be a relief during the hot summer months. Internet connection and cable TV are usually included in the rent, and some buildings may also offer amenities like a communal laundry room or a bicycle storage area. Safety is also a consideration for many expats, so it's common to find apartments in Marseille with secure entry systems, and some may also have a concierge service. Despite being in the heart of the city, many expat homes in Marseille offer a peaceful and quiet living environment, making it a comfortable place to live and work," said one person in Marseille.
What is the average cost of housing in Marseille?
If you are thinking about moving to Marseille, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Marseille can vary greatly depending on the location and size of the property. As of recent data, for purchasing a property, the average price per square meter can range from a lower end of around €2,500 to a higher end of around €4,500. For renting, the average cost can range from €10 to €15 per square meter per month. However, these prices can fluctuate based on market conditions and other factors," remarked one member in Marseille.
Should I buy or rent a home in Marseille?
If you have not spent a lot of time in Marseille, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Marseille, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Marseille for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay in Marseille for a long time. Renting offers more flexibility, as you can move more easily if your circumstances change. It also means you won't have to worry about property maintenance and other responsibilities that come with homeownership. Financially, buying a home requires a significant upfront cost, including a down payment and closing costs. You'll also need to consider ongoing costs like mortgage payments, property taxes, insurance, and maintenance. Renting, meanwhile, typically involves lower upfront costs, although monthly rent payments can be high in some areas of Marseille. It's also worth considering the current state of the property market in Marseille. If property prices are high and predicted to fall, it might be better to rent for a while and wait for prices to drop before buying. Conversely, if prices are low and expected to rise, buying could be a good investment. In conclusion, the decision to buy or rent a home in Marseille should be based on your personal and financial circumstances, as well as the current state of the property market. It's always a good idea to seek advice from a financial advisor or real estate professional before making a decision," said one person in Marseille.
"I rent, this has been very easy. I avoid buying because I know I plant to move again in a few years and experience a new place," remarked one foreigner who made the move to Marseille.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information:
- Expat Guide to Marseille
- Retire in Marseille Guide
- 7 Tips for Living in Marseille
- Pros & Cons of Living in Marseille
- Driving in Marseille
- Discover the Best of Marseille
- Health Care in Marseille
- Cost of Living in Marseille
- Healthcare & Health Insurance in France
- Best Places to Live in France
- Real Estate in France
- Pros & Cons of Living in France
- Thanksgiving in Paris
- Pros and Cons of Living in France 2024
- 2024 Guide to Moving to France