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 We believe that a purchase at Le Résidence Rive Gauche represents an excellent investment opportunity, with strong potential for capital appreciation in a stable, low risk economic environment. A number of factors inform this assessment.
A buoyant property market
In recent years, the French property market has been one of the most vibrant in the EU. Consistently for the last decade, the Languedoc has out-performed the national index, with an annual average growth of 9.8% over 10 years to 2005, some 50% above national house price inflation.
Robust Demand
The Languedoc is growing fast. A recent survey in the Sunday newspaper - 'Journal de Dimanche' - found that the Herault department - where Marseillan is located - is the most desirable department in France in which to live. Montpellier has for some years been the fastest growing city in France, with people from throughout the country attracted by the climate, cost-of-living and employment oportunities offered by the fast-developing technology industry. Currently 4,600 new properties are built per year in The Languedoc, with some 40,000 new people arriving i nthe region per anum. Figures recently published by INCEE forecast the population to increase by 32% in the period to 2030.
 Limited Supply - Location, Location, Location
A well-worn property market cliche, but one always worth respecting. Water-front properties, such as that at the Residence Rive Gauche are, by virtue of the frontline water-front location, are naturally constricted in supply, and will always be in high demand.
Well-priced
Despite the increases, prices continue to represent good value by Mediterranean standards, typically in the region of 25-40% lower than neighbouring Provence to the east, or the Costa Brava/Barcelona region to the west. This discrepency is larger still when pricing comparable waterfront property.
Rapidly Expanding International Tourism
The Languedoc is experiencing rapid growth in international tourism, and now welcomes 10 million visitors annualy throughout a year-round tourist season. This growth looks set to continue. RyanAir are forecasting to grow passenger numbers from 400,000 in 2005 to 700,000 by 2007 into Carcassonne airport alone. Despite the demand, the region suffers from a lack of vacational rental property, notably at the premium end of the market. This shortage has prompted a series of incentivisation initiatives at both local and national level, and represents a significant op0portunity for developers, particularly in the leaseback market.
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