French Riviera is very famous worlwide. Many events attract thousand tourists each time. Tourism in the French Riviera last all the year ! So that’s a great opportunity to invest in French Riviera real estate. With 15 ski stations, foreigners come also in winter. If you plan to come twice or three times a year in your property on the French Riviera, there are many opportunities to rent it
Tourism in the French Riviera is considerable because access to French Riviera is easy. Nice airport is the second biggest French airport after Paris. In 2007, Nice airport welcomed its 10 000 000e passenger! There are more than 100 destinations with many direct flights like Nice New-York or Nice Moscow...Cannes airport is dedicated to private and business flights. It is the second business airport in France with more than 60 000 passengers. To sum up, access to your property on the French Riviera is very access for you and for your clients wherever they come from !
Last but not least, tourism in the French Riviera is a well developped business. On 155 000 available beds, 38% are hotels. Private properties on the French Riviera represent only 1210 beds. No doubt that properties to rent on the French Riviera is not a saturated market. There are 150 000 properties on the French Riviera and 40 000 belong to foreigners. I believe that few of them have already thought about renting their property on the French Riviera !
I often suggest to my clients, who wish to buy a property on the French Riviera, to think about renting it when they’re not in. Indeed rent a property on the French Riviera is a good investment. My clients earn money with their properties. Sometimes, when they decide to buy a property on the French Riviera, they take into account tourists’ needs.
As a matter of fact, tourism is a huge business for French Riviera. Here are some data about tourism in the French Riviera. It deals only with Alpes Maritimes (Nice, Cannes) and Monaco. Once you’ve read these data about tourism in the French Riviera, you’ll consider to invest in the French Riviera real estate !
First, French Riviera when it refers to Alpes Maritimes and Monaco, represents more than 1 000 000 inhabitants. 12% are foreigners. In 2006, more than 10 000 000 visitors come and see French Riviera. Is that a good point to invest in the French Riviera real estate ?
For leisure, tourists stay around 1 week on the French Riviera. For business, visitors stay 5 days on the average. Among all these tourists, 52% are foreigners : they are mainly coming from Italy, United Kingdom and Germany. Tourism in the French Riviera represents 10% of the global international tourism in France ! In 2005, foreigners expenditures in the French Riviera were € 5 billions !! That’s is why you should invest on the French Riviera real estate !
You’ll find following some prices about real estate on the French Riviera. I am dealing with average prices. You can find huge differences depending on the location of the property (close to the sea, downtown…). But if you are willing to invest in the French Riviera, that can give you some ideas of prices.
First of all, famous cities in the French Riviera like Villefranche sur mer or St Jean Cap Ferrat are much more expensive that others cities in the French Riviera. Real estate prices are around € 7000/m². But real estate prices had been decreasing during the whole last year. Now, they’ve been increasing but at a slow rate. The growth is much more sustained in Cannes where real estate prices are around € 5000/m². Nice is less expensive with € 4300/m².
Moreover some less famous cities in the French Riviera take advantage of their very good location : closed to bigger cities with calm and less tourists. Indeed, if you want to invest in the French Riviera, you have to know that real estate prices are high in Villeneuve Loubet (€ 5300/m²) or in Cap d’Ail (€ 6500/m²). Villeneuve Loubet is perfectly located between Cannes and Nice; Cap d’Ail is the closest city to Monaco.
As far as I am concerned, I recommend to have a look to the countryside. It appears to me as a good place to invest in the French Riviera. Cities like Opio, Roquefort les Pins are really beautiful and you can find wonderful properties as a good price ! Indeed, since the middle of 2007, real estate prices have been decreasing. I think there are some good opportunities to find there.
If you’re looking for sunny beaches, wonderful landscapes, great history and culture …French Riviera is definitely the ideal place to invest. Obviously you can find some other places in the world that offer you beautiful coastlines, good food and street markets for less money. Anyway, invest in French Riviera is safe !
French Riviera is one of the top tourist locations in the world. The economy is stable and there is no politics instability. Concerning properties, invest in French Riviera is very safe, given the rigorous buying process and protective legal system. Interest rates are still low compared to other countries even if they have been increasing since the end of 2007.
More over in some places in French Riviera, prices have been decreasing a little and locals are reluctant to invest in French Riviera or somewhere else in France. This is the good time for foreigners to invest in French Riviera, specially in big cities like Marseille, Nice or Antibes.
If you are the happy owner of a property on the French Riviera, you have to abide by French laws about swimming pool. Indeed, from January 2003, every owner of a swimming pool must set up a safety system to protect the access to the swimming pool. Many properties on the French Riviera are equipped with a swimming pool. The French laws about swimming pool impact both hotels and private properties.
Be careful, you can’t turn down the French laws about swimming pool, given that you have no children and you don’t welcome any of them in your property on the French Riviera. But if your swimming pool is an inside swimming pool with a door access or if your swimming pool is air filled, you are not concerned by the French laws about swimming pool.
Anyway, the majority of properties on the French Riviera are impacted. Owners must choose between 4 safety systems. Continue reading ‘French laws about swimming pool’
Given that Nice is the fifth city in France, traffic is a big issue. Cars are more and more numerous in French Riviera and it will increase by 25% until 2020. Nice city hall had to find a solution to relieve congestion in the city center. At the end of 2007, finally trolley cars entered the city. Works were very long and hard to bear for storekeepers downtown. But now the result is prodigious.
On one hand, the first trolley line reduces time between districts. For intance you can go from the north of Nice to the “Place Massena” within 14 minutes. By car, you have to drive 40 minutes and by bus it takes 30 minutes. Indeed, as parking are scarce, people stop their cars everywhere and specially on bus lines ! Trolley is the best solution because the lines are dedicated only to trolley cars and no other cars can go into. On the other hand, the city hall not only changes the streets for trolley cars but also improves streets and places on the Nice trolley run. €13,000,000 have been invested in the transformation of Nice famous place : “Place Massena”. The objective is clearly to make traffic easier dowtown and to offer bigger and nicer areas for pedestrians. Continue reading ‘Nice changes for the better’
Thanks to Danish gift for home decoration, you can now customise your property with useful and inventive products. Have a look at Danish crafts and you’ll become addicted to ! The company will be present at the Furniture and Design fair in Milan. There is no doubt that their home decoration items will seduce visitors.
If you have a property on the French Riviera with a wonderful terrace or garden, you’ll enjoy the tree stump cushions. They’re ideal for garden furniture. They’re available for chairs, benches and are unique. Indeed, the dyed wool is rolled felted and sliced in order to create these different colors and shapes. They look like annual rings of a tree stump. Your home decoration is unique too !
Continue reading ‘Property and home decoration: the Danish attitude’
No one can speak about the French Riviera without stating Monaco (or Monte Carlo). Obviously the principalty isn’t French but there are strong links with France. And Monaco definitely takes part of the French Riviera. Real estate in Monaco is a big deal because real estate developers are few. Pastor family owne the main buildings. The crucial point is above all space. Monaco is a small territory. More and more foreigners want to live in Monaco.The principalty has been working hard to find new spaces to build properties (flats) and hotels.
At the end of the seventies, high buildings were constructed on the Larvotto area. During the 1990’s, Monaco created Fontvielle area : 22 hectares have been constructed on the sea. But it’s still not enough for the most expensive and secure place on the French Riviera. At the beginning of 2000, a seawall has been added to create a bigger port. Monaco needs also place for cuise ships and yachts. Continue reading ‘Monaco misses space : a new incredible plan’
If you’re looking for a good place to spend some holidays, why don’t you rent a property on the French Riviera? I do recommend the Var because it’s one of the most woody and shinning area in France. Its shoreline is amazing and its nature is well preserved. On the French Riviera, Var is known for its authentic fishing villages and its lovely and peaceful scenery.
The most famous place is Saint Tropez. Despite the growing number of tourists and the endless traffic jam on summer, the beauty of Saint Tropez has been protected since 1960. The cosmpolitan village offers properties to rent from € 25,000 to € 150,000 per month. Continue reading ‘Rent a property on the French Riviera’
I read an interview in a French review of Vincent Gregoire from the famous trend setter company Nelly Rodi. He explained that this year the home decoration has been divided into 4 main trends. First one is “disco fever” with a mix of flashy colors and white. The furniture are voluminous and humour is considerable in the home decoration. Slat and Vinyl plastic are back !
On the reverse, the second home decoration trend is based on loft spirit. The property look is closed to the industrial architecture. The colors are strongs with several grey tints on the walls and blue and red furniture. You can add transparency and glamour with a huge crystal chandelier. This typical home decoration is called “urban energy”.
The third home decoration trend deals with sophisticated natural items. Continue reading ‘Home decoration : 4 trends in 2008′
