Nice Cimiez & Hillside is divided into three residential districts, each one being located on its own hill. These districts, which were former agricultural lands, are built in terraces and offer magnificent properties lost amongst immense gardens covered by exceptional Mediterranean vegetation. Nice Cimiez & hill side is a very sought after area, for its calm and tranquility, making it a privileged place of the Cote d'Azur.
Apartment | House | |
Surface type (Av.): | 140 m2 | 250 m2 |
Min price (Av.): | 700,000 € | 1,200 € |
Med price (Av.): | 900,000 € | 1,600 € |
Max price (Av.): | 1,200,000 € | 2,000 € |
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.