If the covid has strongly impacted the field of tourism, especially in 2020, the massive vaccination and the good behavior of the barrier gestures have allowed the sector to get out of the tunnel and see the light again. Especially in France, one of the destinations that attract the most international tourists. Thus, according to INSEE, from May 2021, which saw the end of travel restrictions related to the health crisis, tourism activity has resumed in France. With 82.8 million overnight stays, the number of people staying in collective tourist accommodations has reached 93% of its pre-crisis level. In the summer of 2022, French tourism is reporting a good season. The managing director of the firm "Protourisme" even estimates that the number of overnight stays in hotels has increased by 2% compared to before the pandemic. Another important piece of news is that France, even though it has seen international tourists return to the country, is less dependent on this clientele than other European countries such as Spain. It can count on its local tourists who do not hesitate to change air by going to discover other regions. With this good news, what if you took advantage of your stay in France to invest?
Invest in France, yes, but in what?
We certainly hear a lot about inflation, but with the recovery of tourism in France, you should not be afraid to invest in safe assets. The returns are sure to be better than traditional bank savings. Also, while you are enjoying your free time to go for a walk in the regions of France, you should not hesitate to combine business with pleasure by thinking about investment projects. But what are the sectors in which it can be interesting to invest?
Real estateOnFebruary1,
2022, according to research data from "Smily" crossed with data analysis specialist for vacation rentals "Transparent", the occupancy rate following bookings taken in seasonal rentals was respectively ahead by 28% for February, 67% for Easter and 157% for the coming summer, compared to the figures for 2021 for the same periods. Investing in seasonal rentals offers a nice rental return compared to year-round rentals.Another advantage is the prevention of unpaid rents, as seasonal rents are generally collected before the property is rented. Paris, Bordeaux, Marseille, Cap d'Agde, Carcassonne
or Quimper are among the best places to invest in seasonal rentals. WineWithout necessarily putting a lot of money in the beginning, some bottles of wine are an interesting investment. Some beverages, called "vins de garde", improve with time and see their value increase. This is the case of the great vintages in Champagne
, Burgundy and Bordeaux. Wine also offers great opportunities for tourism. By training with professionals and even online, it is possible to learn how to recognize good bottles and to develop one's knowledge in oenology. This makes it possible to offer vineyard tours and various wine tourism experiences, which are very popular in France. Works of artToday, the art market is a financial investment open to a wider public. The Internet offers much easier access to information for future investors. The art market is a fast-growing sector and has an interesting profitability. The increase in the number of museums means that structures are ready to spend large sums of money to acquire the large quantity of works they need to open and operate.
When wandering around France, don't hesitate to visit garage sales, which sometimes display superb paintings whose owners are unaware of their true value.
Vintage cars Whether it'svintage cars or parts to repair them, the vintage car sector is another interesting investment. Prices are increasing rapidly and consistently, provided you make the right choice. You can buy a classic car for 20,000 € and see its value rise over time.
So don't hesitate to travel the roads of France to meet collectors who are passionate about old cars. This can lead to the acquisition of models with high economic potential.
Collector's watchesOne doesn't always think about it, but going around France to browse flea markets, garage sales or attend auctions and find collector's watches is another investment that can quickly prove to be profitable. The most prestigious models of watches are produced in limited series, these objects become rare and also increase in value over time. Luxury watches are safe havens and should be considered by investors.
Whether you decide to invest in real estate for vacation rentals, wine or classic cars for income, it is essential to define the budget you will allocate from the start. For all those who take out a loan to invest in a home, in a vineyard or in collectibles, it is essential to protect yourself by taking out loan insurance. This insurance allows to take over the payment of the loan instalments in case of death, disability or work stoppage due to illness or accident.
In this field, going through a loan insurance broker has various advantages. The insurance broker's job is to find the specific, tailor-made individual contract you need from among all the insurance companies he works with. There are no fees charged, as the insurance broker is paid directly by the insurance partners. In addition, it is appreciated that the procedures and services can be accessed directly online. This is a real plus when you plan to invest far from home and are looking to vary your investments throughout France.