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Cote d’Azur - Real Estate Market
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Cot d’Azur is the most famous European Riviera, meeting point for yesterday’s and today’s nobles. The cost between Montecarlo and Saint-Tropez is not only the kingdom of casinos, of fashion cafes and princely hotels, but also one of the most interesting area from the real estate investment point of view. There are several types of houses sold: from the extremely luxurious flats in the ancient historical centre to villas in provencal style with an incomparable view of the see, to charme farmhouse in the inland.
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| Also between the different cities and villages there are deep differences for someone that would like to invest here his money. It is better to divide the market according to he different areas in order to explain briefly the most important characteristics of every place and the differences between them. |
Nice
In this city, always really vivid, there are many architectural projects. Due to the fact that it is an university city there are a lot of small flats. These flats can be easily rented to the university students.
Nice, excluding Paris, is the French city with the higher average price of the houses. The average price of the square meter is € 2034 against, for instance, the € 1615 of Lion. Among the most expensive areas the most residential is Cimiez . Matisse lived here in the house that is today a museum. Here the prices are higher than the average. Most of the houses are luxury houses and the average price for a square meter is about € 2600. The three rooms flats are the most requested . With a lower budget it is possible to have good deals on the hill of Cimiez est with an average price of € 2000 per square meter. Nice is a big city. Our suggestion is to use part of the budget to buy a box or a private parking place and choose the apartments at the higher flat that are calmer.
| Cannes: |
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Cannes, famous for the film festival, is a city that lives of congresses and manifestation all over the year. This is the reason why many managers and business men coming from all over the world have here an house to have a “pied a terre” in Cot d’Azur to combine their business with a relaxing holiday. Here is easy to rent the house and during the film festival period the prices rises incredible level. To buy an house in this area is strongly recommended to deal with qualified people. |
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| The city is really big and it easy to take very good opportunities but also of deceptions, especially when the knowledge of the city is not good. |
| Saint Tropez Gulf: |
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The real estate market in this area of Cot d’Azur is really vivid. Since the link to the rest of Europe through the TGV has been opened the prices starter to rise and there is no witness of a possible stop in the early future. In our opinion this is the best part of the area.
Saint Tropez is a never ending myth with a clientele coming from all over the world, Port Grimaud is the ideal place for sailing and nautical lovers and for those who would like |
to try the experience to moor the boat in front of the house and Saint Maxime is, above all, the most characteristic town, with her beaches and hills and with the marvellous villa sea view.
Coming from outside looks like a Caribbean village. Regarding the properties the area is reach both of small flats than big villas with garden and swimming pool. The prices vary enormously according to the typology. In Saint Tropez there is a really important clientele and is easy to find houses with a very high prices. In Saint Maxime on the other side the prices are a lot lower keeping a fantastic quality and being at few kilometres from Saint Tropez.
Both the are a very good investment, even considering the price difference.
The area is definitely very nice and, apart Saint Tropez, very calm and absolutely not chaotic.
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Montecarlo
Here the real estate is very particular and definitely unique. It is really difficult that someone that has a flat will sell it because being resident hereis a great advantage, due to the tax treatment of the Principality.
It is easy to find bed-sit with incredibly high prices. For those who have big amount of money available the price for a bed-sit could rise € 1.300.000. This amount, on the other side, will be a good investment since the prices are continuously raising and there is no evidence that the situation could calm down.
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