French Riviera is known worldwide thanks to its landscapes and its history. Do you know that French Riviera is also well known because it inspire artists.
On the French Riviera a new place dedicated to the artistic creation will open within 2 years. Indeed, the famous designer Jean Nouvel bought an old fort in Nice. It’s located on a wonderdul hill in Nice, called Mont Boron. The famous designer Jean Nouvel already has a workshop closed to Paris but he wanted to find a new place on the French Riviera where the artistic creation is welcomed. Jean Nouvel’s workshop in Nice will be opened to other artists and some artistic events will take place there. That’s a great opportunity for artists and also for people who want to invest on the French Riviera.
Indeed, French Rivieria and artistic creation have been linked for many years. The MAMAC museum in Nice, the Maeght fundation or the Villa Noailles are places totally dedicated to art and artists.
Where is located the most expensive villa in the world ? Yesterday, the most expensive villa was located in London. The owner is Lashmi Mittal. Its price is close to € 120,000,00. Today, the most expensive villa is on the French Riviera and its price is € 500,000,000. Amazing !
The most expensive villa is the world was bought by the King of Belgium in 1906 for just 1 franc (less than 1 euro !). The name of the villa is Villa Leopolda. Villa Leopolda is located on Saint Jean Cap Ferrat. The new owner is a Russian billionaire. We dont’ know yet who he is exactly. The contract will be concluded on September.
Montpellier is nowadays the 8th city in France. After Nice and Marseille, Montpellier is the biggest city of the French Riviera. Is it a good place to invest in the French Riviera ? What is going on ? Your propertyfinder on the French Riviera will give you some clue about Montpellier and its potential on the French Riviera.
To begin with, Montpellier is undoubtfully one of the most dynamic cities on the French Riviera. Montpellier is well known to welcome every year many students from France and other countries. More over, Montpellier has an access to the sea with big beaches compared to Nice or Marseille. That’s why the city has decided to set up 14 town-planning projects.
Currently, there are 260000 inhabitants in Montpellier. Within 25 years, there will be 300000 inhabitants. So th city hall decided to create or to change 14 districts. This is good reason to invest in Montpellier. The objectives are clear : each district will welcome offices, accomodation and shops. Each district will be eco-friendly with very good and cheap trolley line.
The City Hall of Montpellier is obviously the main project. It will cost € 116,000,000 !
Today, your property finder on the French Riviera deals with an hotel. If you wish to invest in the French Riviera, but you don’t want to own a property on the French Riviera, I can suggest you to buy one week by year for 10 years in a hotel located on the French Riviera.
If you prefer to live in a city, if you want to be closed to an airport, to restaurants or to casinos, if you wish to have a look at the sea when you get up, if you want to be sure to have a good weather, if you are looking for a good location to enjoy French Riviera, Nice is the place to be !
Some of my clients are reluctant to invest in a property on the French Riviera but they are also fed up with hotels. I suggest them to spend a week end in a specific hotel in Nice. This hotel in Nice is very different from others. First there are only suites from 20m² to 100m². All the suites are equipped with a kitchen. The objective of this hotel is to feel at home. Each suite is composed of a bedroom, a bathroom, a linving room and a desk area. Thus, you can work and enjoy French Riviera !
On the roof there is a wonderful terrace with a seaview and a swimming pool. Continue reading ‘Invest in a luxurious hotel in Nice !’
Your property finder on the French Riviera, I mean me, read a very interesting study about luxury real estate. It appears that St Jean Cap Ferrat is the third most expensive city in the world, regarding luxurious. The first most expensive city in the world is London. The second one is Monaco. There is no doubt that French Riviera is part of the most expensive places in the world ! So if you want to invest in luxury real estate on the French Riviera, you should read this !
Luxury real estate prices in St Jean Cap Ferrat have been increasing by 39% between the end of 2006 and the end of 2007. Nowadays, if you plan to invest in St Jean Cap Ferrat premium properties, prices are around € 43 400 /m² ! Continue reading ‘St Jean Cap Ferrat : one of the most expensive city in the world’
If you plan to invest in French Riviera real estate, your property finder on the French Riviera (I mean me !) is also here to make you discover and enjoy French Riviera. If you’re looking for new and trendy spots on the French Riviera, I’m going to give you few advices. To begin with, as we are in summer, I’ll recommend the “Hi beach” in Nice.
To be honest with you, beaches in Nice aren’t the very trendy spots on the French Riviera. So, when a new beach opens in Nice, that’s an event on the French Riviera ! The “Hi beach” in Nice totally illustrates new French Riviera lifestyle. Indeed, the “Hi beach” in Nice wants to be trendy and welcoming. The “Hi beach” in Nice is very well located between the city and the sea. The “Hi beach” in Nice is open for everyone, not only the Hi hotel’s guests.
There 3 different areas in the “Hi beach” in Nice. It means 3 different ways to enjoy French Riviera. First, there is the “Hi play”. This part of the “Hi beach” in Nice is dedicated to family with children. As they want to enjoy French Riviera, there is a big playground and 3 independant family cabins. That’s ideal for family with babies and grandparents who want to enjoy French Riviera too.
The second area of the “Hi beach” in Nice is called ”Hi relax”. Continue reading ‘Enjoy French Riviera in “Hi beach” in Nice’
French statistics on January 2008 confirm that foreign investors are more and more numerous in France and above all on the French Riviera and the French Alps. Indeed foreigners many invest in French upscale products. Indeed on this kind of real estate products in France, one sale out of 20 is made by a foreigner. The ratio is very different according the French locations.
For instance, regarding French upscale real estate products, one sale out of 15 is made by a foreign investor in Paris. The ratio is 1 out of 5 in the south-west France. The foreign investors on the French Riviera real estate represent 50% of the upscale real estate market. Same for the French Alps !
Some cities on the French Riviera belong to foreign investors. In Grimaud, 37% of the owners aren’t French. In Beaulieu sur Mer, foreign investors are 42%. 55% of properties in Villefranche sur mer are owned by foreigners. In St Jean Cap Ferrat, it’s much more with 64% of foreign investors. What about French Alps ? Continue reading ‘Who are the investors in the French Riviera real estate?’
If you want to put the test on French Riviera real estate, I suggest to pour your money in a small flat in Nice. Indeed, a 1 bedroom or 2 bedrooms flat is a secure way to invest in Nice.
First, there are many college and business schools in Nice, so your 1 bedroom flat can be rented easily by a student. Usually students in France rent flats from October to the end of May the next year. Rents go from € 400 to € 650 per month for a 1 bedroom flat and from € 600 to € 1000 per month for a 2 bedrooms flat.
Second point and this is the very good reason why you should invest in Nice : from June to September, you can rent the flat to tourists ! Now, the rent is 4 times higher : it is from € 400 to € 650 PER WEEK for a 1 bedroom flat. So, here is a little calculation in order to convince you to invest in Nice. Let’s take a one bedroom flat, with a € 500 / month student rent : 8 months x € 500 = € 4,000. Then you add 14 weeks x € 500 = € 7,000. To sum up, by year you can earn € 11,000 and you still have 2 weeks for your own holidays on the French Riviera !
To conclude, I just want to add that you can buy a very beautiful 1 bedroom flat in Nice from € 70,000 ! I am sure you are totally convinced to invest in Nice !!
As a property finder on the French Riviera, I am used to see amazing properties. My job is to find the property of my clients’ dreams. Anyway, when I visit an outstanding property on the French Riviera, I don’t resist to describe it on my blog ! If you plan to invest in French Riviera real estate or if you just love French Riviera, you’ll appreciate this post. Why is this property in Nice outstanding ?
1- LOCATION
The outstanding property in Nice I speak about is closed to the Palais Maeterlinck. Do you know the Palais Maeterlinck ? It was a luxury hotel in Nice. The hotel closed at the end of February 2008. The hotel will be changed in flats.
Why was Palais Maeterlinck so famous ? Because of its situation on the French Riviera! The hotel is situated in a wonderful area, one of the most beautiful coastlines of the French Riviera. Indeed, the hotel is situated between St Jean Cap Ferrat and Nice city center on a road that we call “la basse corniche”. This road leds you from Nice to Monaco, throughout St Jean Cap Ferrat, Villefranche sur mer, Eze bords de mer, Beaulieu … It’s quite impossible to find properties on this area. First, the owners of these properties on the French Riviera don’t want to sell them. Opportunities for real estate are rare. Secondly, the properties are located on the seashore of the French Riviera. Nowadays, no construction is allowed on the French Riviera coastline
2- SURFACE
200m², terraces, gardens …and enough space to build a swimming pool ! Continue reading ‘An outstanding property in Nice on the French Riviera’
