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La Ciotat, a true resort

Perspective

04/04/2016

Located 31 km from Marseille, in the heart of unspoilt bay between the Bec de l'Aigle and Cape Canaille, La Ciotat (35,000 inhabitants) managed a flaming mutation. The former industrial town operates today as a pleasant seaside resort with a plural property market, ranging from old apartment in attractive price in prestige goods.

La Ciotat has had an industrial past centered around its famous shipyards. After its closure in 1988 the town human scale experienced a difficult period in 2007 before resuming construction sites, become leaders in the maintenance and repair of luxury yachts and racing trimarans construction. Since then, La Ciotat operated masterfully turn 180 °, developing its seaside facilities including a casino, it has become a destination synonymous with a lifestyle Riviera. Displaying reasoned price compared to its illustrious neighbors, its property market is attracting more and more northern Europeans looking for a second home facing the Med, while local investors and can acquire specific products at the right price / quality ratio.

'In principal, the application focuses on villas in residential neighborhoods of Clos Fontsainte to beaches and Saint John. Quiet and cozy and they are located near the beaches and shops. The offer is limited, and the quality products are traded from € 500,000, 'says Camille Fleurot the Fleurot agency, a family firm founded in 1956, strong 3 agencies which recently opened in Ceyreste, a popular area which has the advantage of offering land to build a product that has become rare intramural. Here, a plot of 1000 m2 is apprehended from € 290,000 and well over € 300,000 if it offers sea views. 'Despite the crisis the prices remained stable. The former in the historic center is the only segment to see its scales settle. Evidenced by the recent sale of a T1 of 37 m2 just to find buyer for € 67,000. An identical product would easily sold € 85,000 two years ago by professional and expert team. A boon for first-accédents who, aided by new PTZ measures could make their return this year. The demand for second homes is experiencing continued growth, especially from new buyers from northern Europe. With generous budgets exceeding one million euros, they are in search of beautiful units, ideally located and offering high quality services. A micro market that has the wind in its sails.

Indeed the premium segment is a niche market, but real in La Ciotat, as confirmed by Claude Leonetti of Barnes Provence Littoral agency. 'Our customers, as well domestically investing in second homes in the sun and near the beach. Belgians, Swiss, English, Germans and Luxembourgers are seduced by the new look of La Ciotat who operated a deep change in a few years. They appreciate the authentic side of the city and the gorgeous sea views from unveiling beautiful situations. The prices are more reasonable than Cassis, Bandol or Sanary and motorway access and the TGV are compelling advantages, 'said the specialist who cites as an example a few exceptions to the image of this product architect villa of 190 m2 with a garden of 1400 m2 with a swimming pool: it is displayed at € 1,330,000. Offering sea and city views, it is located in a popular residential park. This other contemporary villa erected in the heart of a lush garden of 2500 m2 has been completely renovated. Its 450 m2 mainly include a reception of 115 m2 and 6 bedrooms. Offering luxurious appointments it is presented to € 2.3 million.

© Maisonsetappartements.fr - published on Barnes Provence Littoral on 04/04/2016

Read this article in its integrality by clicking on the following link:
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