Real estate on the Cote d'Azur is maintaining its popularity

With a view to the situation on the real estate market, real estate on the Cote d'Azur is the ideal addition to an investment portfolio.

Statistics show that there are more than 70 thousand items of real estate in this area, the owners of which are foreign investors. Increased demand led to a growth in the market by approximately 15% in 2003 to 2009. The greatest number of potential buyers in recent times come from Russia and Great Britain, who are followed by buyers from Scandinavia and the Near East. But there are also buyers from the Czech Republic, Poland, Slovakia and Hungary.

It is evident from the latest surveys that prices in the Provence-Alpes-Cote d’Azur region are remaining on a very high and stable level – the average price of real estate is 82% higher than in the rest of France. The average price of real estate in this area increased between 2000 and 2007 by 144 percent, whereas the price of real estate in France as a whole grew by only 111%.

After minor fluctuation at the end of 2011 and start of 2012 caused by election of a new French president, the markets have stabilised and interest on the part of buyers is on the increase again. Famous locations such as Cannes, St. Tropez, Cap d'Antibes and their surrounding areas are still the most sought-after.

» Visit the offer of real estate for sale on the Cote d’Azur.

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