The French city of Marseille is located in the south of France, along the Mediterranean coast towards Monaco, and in the region of Provence-Alpes-Côte d'Azur.
Notably Marseille is France's second-largest city, and is known for having the largest port in France, which has served as a gateway between Europe, Africa, and the Middle East.
Marseille is world renowned for its rich cultural heritage, going back beyond the Roman era, and of course provides a classic Mediterranean lifestyle, dramatic landscapes, and close by to the Meditterean Sea.
As a major Mediterranean hub with strong connections to Paris, Nice, Barcelona, and Italy, investing in real estate in Marseille is a strong consderation for investors, and private property owners seeking a Mediterranean lifestyle in Southern France.
There are many places to find distressed or foreclosed properties in Marseille, for examples you can ask a real estate agent to filter for foreclosures or bank-owned (REO) properties.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses and you may find cheap distressed Marseille property for sale with broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
Marseille generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Marseille is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
Real Estate Agents and Property Developers in France
