French Riviera country side East is a set of communes located in the East of the hinterland of the French Riviera which benefits from a very favorable micro-climate. Its former agricultural and floral lands now offer a unique setting where nature is preserved in such a way that urbanization is limited and thus its authentic character is preserved. These remote villages of the East of the Cote d'Azur have seen past times and are now rich in their traditions. Between Grasse, the world capital of perfumery, and Opio producing an oil of high quality since 1848, the hinterland of the Cote d'Azur has many facets.
Apartment | House | |
Surface type (Av.): | 200 m2 | 150 m2 |
Min price (Av.): | 800,000 € | 800,000 € |
Med price (Av.): | 900,000 € | 2,000,000 € |
Max price (Av.): | 1,000,000 € | 6,000,000 € |
Even though market prices have declined over the last five years, considering it to be stalled, the market has been stable since 2014. It allowed a slight increase in prices. This stabilization has led to an increase in available offers at more competitive prices. As a result, in areas such as Nice, Antibes and Cannes, the number of transactions is up. Saint‐Tropez hadn’t been spared, after having exceptional years, and experienced crisis. But since 2016 transactions has begun to restart. Today, investing in Cote d’Azur is also a guarantee of profitability. In addition, foreign buyers have favorable legislation and benefit from the euro decrease against dollar. These elements allowed to relaunch a market frozen since few years.
Cote d'Azur attracts a clientele of wealthy local families, liberal professions workers, business leaders or senior managers, as well as a diversified international clientele looking for quiet, green and close location to the city center for holidays, with an easy access and many cultural activities.
Before any investments, international foreigners must approach an industry professional to know the conditions related to this investment. This professional must first collect the primary information of the purchaser, his nationality, his country of residence, his professional situation and his matrimonial regime. Members of the European Union and countries signatories to a special agreement with France, benefit from special regimes. On the other hand, foreign buyers do not need to constitute a company to benefit from another status and therefore depend on a different legal and fiscal regime.