Would you like to invest in real estate on the French Riviera? It is true that this region of south-east France possesses many assets that could convince you to take the plunge.
Bordered by the Mediterranean, the French Riviera also benefits from its proximity with the Italian border and a generous climate during a good part of the year. The attractiveness of the area for tourists is indeed one of the strengths of the region and contributes to a large extent to boost the economic, industrial and technological development of the French Riviera.
When researching real estate in south-east France, you will not fail to observe the region’s openness to Europe, with a number of first-level infrastructures – the French Riviera is home to the largest port in France and the third in Europe, but it also boasts four international airports. Let’s take a closer look at the region’s assets to help you make a serene decision…
Nice, the capital of Alpes Maritimes
When you think of the natural and cultural riches of the French Riviera, the city of Nice will naturally come to mind. Both a major tourist centre and a dynamic city, Nice is also the capital of the department of Alpes-Maritimes. The tourist and cultural offer play their part in the popularity of the city: with the Promenade des Anglais, the Carnival and several major sites to visit (such as the Opera House), the capital of the French Riviera clearly deserves its status as a “City of Light”.
As regards real estate investment, it must be said that the city of Nice directly benefits from the reputation of the French Riviera, with many protected (therefore non-constructible) areas and a limited availability of property. However, the demand for housing is particularly high, stimulated by several types of buyers, which may include those who want to settle in the region to work there, pensioners or investors searching for property investment.
The argument most often put forward for the latter category is the overall quality of life and the ideal geographical situation of the Nice urban area, situated by the sea. Who could resist the 3,048 hours of sunshine in 2017, compared with a national average of 2,034 hours in the other cities of France?
So, if you are looking for top-of-the-range property, don’t hesitate to request the help of a prestigious real estate agency in Nice.
Cannes, the jewel of the French Riviera
Who hasn’t heard of the city of Cannes and its major international film festival? This must-visit destination on the French Riviera is renowned worldwide as a venue for numerous events, including major trade fairs. Yet beyond the rhinestones and sequins, beyond shopping and luxury, the city of Cannes benefits year-round from a superb landscape.
We will of course recommend you go for a stroll along the Croisette and enjoy the panorama offered by the Bay of Cannes and the Lérins islands. Obviously, with a record like that the city of Cannes can only offer real estate investors luxurious residences and charming villas that enjoy a magnificent panorama of the region. Thus, certain areas are highly prized, such as the hills of the California district and Super-Cannes, only a short distance from Rue d’Antibes and the Croisette.
Saint Jean Cap Ferrat – the temple of luxury real estate
Saint-Jean Cap Ferrat peninsula is ideally located between Nice and Monaco, which gives it status as a temple of luxury on the French Riviera. A true jewel of greenery in the south of France, Saint-Jean Cap Ferrat offers visitors a remarkably well-preserved natural site. As for property, it must be said that the region has preserved its charm, offering future investors traditional real estate nestled in an enchanting site.
It should also be noted that the region is particularly well served in terms of transport, whether by road, train or plane, with the proximity of Nice Côte d’Azur airport. It is therefore no coincidence that serious investors flock to the region in search of prestigious real estate. Saint-Jean Cap Ferrat periodically offers villas and luxury flats, as well as mansions.
Picturesque Beaulieu sur Mer
The municipality of Beaulieu sur Mer is located in the department of Alpes-Maritimes, in the Provence-Alpes-Côte-d’Azur region. The area benefits from an ideal geographical location between Nice and Monaco and enjoys an exceptional climate, with the Mediterranean Sea nearby. Concerning its commercial vitality, we can highlight the fact that Beaulieu enjoys relatively dense activity between Nice and Monaco.
We would recommend this destination for all investors in search of a secondary or main residence, both seasonal and year-round. Note that nearly 30% to 40% of real estate sales recorded by certain agencies concern an investment in a main residence.
Monaco, the world’s most famous rock
Monaco is without a doubt one of the world’s most famous destinations, with its double identity as a city and a small independent state located on the Mediterranean coast. Who has never heard of its marina that shelters dozens of prestigious yachts, its Formula 1 Grand Prix, as well as its luxury casinos?
In fact, it would not be surprising to hear that the city had become the most expensive in the world, at least as far as luxury real estate is concerned – edging out highly competitive Hong Kong! A local real estate professional affirms that it is particularly difficult to find housing below a million euros – giving real estate a significant share of the GDP of Monaco at around 23%.
Eze – French charm
Are you looking for an authentic destination on the French Riviera, overlooking the peninsula of Saint-Jean-Cap-Ferrat? You will certainly enjoy the advantages of the beautiful village of Eze, a real medieval eagle’s nest that possesses remarkably well-preserved architecture. You will especially enjoy the fine walks along the coast, which will enable you to take advantage of all the riches of the Nice hinterland. Visitors particularly appreciate the local crafts shops, which line its discreet cobbled streets with vaulted houses.
On the terrace of Château Eza, artists’ galleries rub shoulders with 5-star hotel establishments. Real-estate professionals often mention the case of Eze as an excellent alternative to the Golden Triangle formed by the sectors of Villefranche, Beaulieu-sur-Mer and Saint-Jean-Cap-Ferrat. The real estate offer in Eze is considered to be atypical by many professional observers, ranging from cosy buildings and small individual houses to traditional exposed stone buildings from the beginning of the century. Certain property offers can easily exceed 690,000 euros for a surface of 100 m² on a plot of 730 m².
We have reviewed the most attractive destinations on the French Riviera. You will observe a wide diversity of real estate offers, with recurring real estate phenomena, as is sometimes the case with traditional buildings. To help you in your search and to compare the reality of the market from one municipality to another in total transparency, don’t hesitate to approach a real estate professional who knows each destination and who will be able to meet your demands with a suitable a real estate offer.
