Real Estate On The French Riviera
- Property Manager Bald Hills
Submitted by: Henrik Sellegard
Prices of properties are becoming more and more attractive on the French Riviera.
Is now the right time to be investing in Real Estate on the French Riviera? We say yes. In this declining market we start to see some great real estate bargains, but don’t look for a quick flip you should always be thinking long term in south of France. You should ONLY look for properties that are well situated, with a lot of emphasis on calm areas with no traffic noise and preferably some type of open view, if not sea view is within your budget!
So, lets say you have found a property that is well situated in a calm area with a panoramic sea view. You might ask yourself how long does it normally take to sell such a fantastic property and still get your property’s worth, when selling. We from AzurVilla real estate will always calculate six months to one year to find the correct buyer. This wait is well worth your investment as many of our properties are currently 30% under market value. Secondly we are seeing a steady increase of investors and property hunters which can only translate to steady price increase.
So why is the C te d’Azur, often known in English as the French Riviera, that stretches from Cassis in the west to Menton in the east such an attractive area to invest?
First of all we need to look back into the history to get some of these answers.
It began as a winter health resort for the British upper class at the end of the 18th century as one of the first modern resort areas. With the arrival of the railway in the mid-19th century, it became the playground and vacation spot of British, Russian, and other aristocrats. In the summer, it also played home to many members of the Rothschild family. In the first half of the 20th century it was frequented by artists and writers, including Picasso, Matisse, Wharton, as well as wealthy Americans and Europeans. After World War II it became a popular tourist destination and convention site, such as the Cannes Film festival. Many celebrities, such as Elton John and Brigitte Bardot, have homes in the region.
Now with seemingly endless sunny beaches, charming towns, yachts and celebrities keeps the French Riviera alive like no other place in the world. Some of the more fabled destinations are St-Tropez, Nice, Cannes, Antibes, Villefranche-sur-Mer and St-Jean-Cap-Ferrat as coastal areas and St. Paul de Vence, Mougins and Valbonne as back country destinations.
Finally, and probably, one of the most important reasons why so many invest here is the large diversity and number of good quality Michelin stare restaurants with Proven al gastronomy.
So if you’re ready and can look ahead you will find that we have several properties opportunities between St. Tropez and Monaco that are worth your time.
Some of these properties you can find on our website azurvilla.com for the others you can always drop as an email from our website.
About the Author: AzurVilla Real Estate, Cannes, French Riviera
azurvilla.com
Source:
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