Why choose a rental management service in Toulouse

As the capital of the Occitanie region, Toulouse has recently attracted significant interest from real estate media, and for good reason! The "Pink City" has topped the list of the ten most attractive French cities for investors looking to get into the rental market. Here are four reasons to use a rental management service in Toulouse.

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1 - A city with national icons

With its rich heritage, the aesthetic that earned it the nickname "Pink City," sunny specialties, and unwavering friendliness, Toulouse draws its strength from deeply rooted culture and values, much like the rest of the Southwest.

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As a Top 14 champion, it is first and foremost the cradle of French rugby, becoming a meeting place for fans of the oval ball every year for spectacular matches. Indeed, its red and black Stade Toulousain has become a true icon in the sport.

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Also the European capital of the aeronautics and space industry, Toulouse is home to the global headquarters of Airbus. This site is open to visitors and is sure to amaze any aviation enthusiast! Want to go even further? The Cité de l’Espace is an incredible source of information about Earth and the Universe, and even opens the doors of its famous Ariane 5 rocket to visitors.

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2 - A popular destination for Airbnb travelers

For several years, the Pink City has been breaking tourism records, attracting more than five million travelers annually. However, tourists aren't the only ones won over by the city and its pleasant quality of life. Considered the most dynamic city in France, Toulouse welcomed an average of over 5,000 new residents per year between 2011 and 2016. The population now stands at 475,438.

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Thanks to its significant influence and numerous businesses, France's fourth-largest city attracts many potential tenants—much to the delight of Toulouse property owners!

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3 - A student city

Another category of newcomers: students! Toulouse is also very attractive in terms of higher education, with over 100,000 people joining its three university hubs each year. About 14% of these are Erasmus students. Add to that a first-place ranking in the 2018-2019 student city guide by L’Etudiant (tied with Lyon), and Toulouse has real advantages for medium-term rentals, given the high demand for student housing.

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4 - A favorable environment for short and medium-term rentals

Thanks to its high occupancy rate, Toulouse is a city where properties are rented out daily. In fact, about 64.9% of the population are renters. With a real estate market that remains affordable and an average price per square meter of 3,382 euros, the Pink City meets, according to the website SeLoger, “all the criteria required for a successful rental investment.” It is a very favorable environment for new real estate acquisitions!

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Welkeys takes care of everything

Do you own a property in Toulouse but don't have the time to manage its rental? Your Airbnb concierge service offers to handle the entire process, from creating the listing to assisting tenants. It’s an effective way to boost your rental income effortlessly!