Grasse – Real Estate Investment Overview

About Grasse

Grasse, in the Alpes-Maritimes department, is a historic hilltop city long associated with perfumery, heritage streets and Mediterranean views. Its compact urban fabric and scenic setting give apartment housing a distinct local appeal, blending character, elevation and proximity to the Côte d’Azur corridor.

May 2026 points to a market that is still edging higher, but without a sharp move. The average apartment sale price now stands at €250,562, up 0.4% over the month and 0.6% over the year, while the average price per square metre has reached €3,796, after a 0.3% monthly rise and a 2.2% annual increase. The signal is one of gradual appreciation rather than acceleration.

At the same time, rental growth is slightly firmer, which helps define the month’s main tension. The average apartment rent is €725, up 3.3% from April and 1.0% year on year. Even so, the indicative yield is 5.9%, suggesting that income returns remain meaningful, but are being tested by prices that continue to grind upward. For investors, May 2026 looks less like a breakout month and more like a market where stable capital values and modest rent gains are moving in the same direction, only at different speeds.