Six reasons to invest in real estate on the Côte d’Azur

Posted by on Apr 1, 2019 in Corporate Real Estate | Comments Off on Six reasons to invest in real estate on the Côte d’Azur

Looking for a profitable property investment in the south of France? Whether you’re a private individual or a professional, you need concrete, reliable information about the advantages of investing on the Côte d’Azur.

In this article, we’re going to attempt to demonstrate why the French department of Provence-Alpes-Côte-d’Azur offers a real and genuine advantage when it comes to increasing your capital, be that from a geographical, touristic or climatological point of view. Between sea on one side and mountains on the other: discover a region that adeptly blends culture, art and leisure, and all in an exceptional natural setting and environment.

Reason 1: the Côte d’Azur is a glamorous region

How could one possibly talk about the Côte d’Azur without evoking the glamorous character of this Mediterranean seaside region? It’s not just about praising the merits of this area, which has achieved almost mythical status in the eyes of many visitors: it’s also about evoking the beautiful things it has to offer as well as its more unusual and out-of-the-ordinary aspects.

Because even though the Côte d’Azur is simply bursting with iconic destinations – Pempelonne and its legendary beach for example? – it’s also worth emphasising the natural areas in the region’s interior, which is rich in idyllic unspoiled zones and charmingly picturesque villages. Amongst these, you are strongly recommended to visit Saint-Paul-de-Vence, which has a thousand years of heritage and contains little streets covered in cobbles – cobbles, incidentally, that constitute a veritable work of art in themselves!

Turning now to the essential places to see and visit on the Côte d’Azur, and as touched on briefly above, Pampellonne beach is probably one of the most chic and trendy destinations on the Côte d’Azure, especially during the day. Far removed from the crowded beaches of the west of France, Pampelonne is a veritable little corner of paradise that’s managed to retain a certain chic quality. Nice and the Pays niçois (the region adjacent to and extending to the north of Nice itself) also have plenty to offer, such as the breathtaking views out over the Mediterranean and the Baie des Anges to be had from the famous Promenade des Anglais. It’s enjoyable to go for a little stroll by the sea here, amidst the particularly well-kept and maintained flowerbeds.

Reason 2: a safe investment for the future

Through the touristic and cultural approach outlined above, you can begin to see the investment possibilities the Côte d’Azur offers. With its particularly favourable climate, its ease of access and its ever-increasing touristic and economic potential, one can say without a shadow of a doubt that the Côte d’Azure is one of the most attractive regions in the whole of France. It’s also important to note, in this respect, the Côte d’Azur’s international standing, which each year attracts not only large numbers of home-grown tourists but also plenty of foreign visitors.

Nice, the capital of the Côte d’Azur, for example, enjoys the kind of fame and renown that reaches well beyond the country’s borders. This can be explained, in particular, by the presence of airport infrastructure capable of coping with a high degree of touristic potential. This is an additional reason for you to consider, for example, a seasonal rental property. Such properties prove very profitable during the season that extends from June to September. If this is something that interests you, we highly recommend contacting Haussmann Real Estate, a prestigious real estate agency on the Côte d’Azur.

Amongst the districts that tend to particularly attract investors looking for a pied-à-terre or a second home, special mention has to be made of the Promenade des Anglais and the Carré d’or, on the edge of the city centre.

Reason 3: Increasing your estate

Aside from the Côte d’Azur’s natural and touristic attractions, you may simply want to extend your range of property assets to include property in the south of France.

And there is no shortage of convincing arguments in support of this option: the region is attracting favourable demographic growth, with a population that includes a high number of tourists and students, to such an extent that investing in rental property can turn out to be a wise choice. It’s also worth highlighting the attraction the coast holds for the wealthy and well-heeled, who are quick to snap up the many villas in and around cities such as Cannes and Saint-Tropez.

If you’re looking for more affordable prices to get your Côte d’Azur property investment project off to a start, you’d be better advised to look for prospective purchases in Nice‘s La Madeleine district. You can easily expect to pay 3,600 euros per square metre here, though that needs to be compared with the 10,000 euros you can expect in and around Cannes and Saint-Tropez!

Reason 4: the chance to enjoy the exceptional climate

A further argument, and a particularly powerful one too: the weather and climate. The Côte d’Azur basically benefits from particularly favourable weather conditions for much of the year, which is guaranteed to attract even more visitors and tourists, who come to have fun and enjoy themselves on the beach. In short, the Côte d’Azur benefits from hot summers and the kinds of mild winters typical of the Mediterranean climate, which makes it one of the sunniest regions in France.

real estate french riviera

Reason 5: the benefits of owning a holiday home

The attraction the Côte d’Azur offers in terms of climate, as well as the attractiveness of the region in general, are often decisive factors in the desire to invest in a second home here. It’s really very simple: the Alpes-Maritimes region benefits from strong international appeal, which explains the numbers of foreign nationals who own second homes in this part of France. According to research carried out by the Comité Régional de Tourisme de la Côte d’Azur (the local tourist board), 47% of these non-French natives are Italians.

Reason 6: the chance to enjoy the sea and mountains at the same time

The Côte d’Azur extends from the coast to the high mountains. The area has a total of around 6,500 km (4,000 miles) of waymarked hiking trails providing access to more than one hundred villages that perfectly illustrate and embody the history and heritage of the Alpes-Maritimes region. But the Côte d’Azur also offers the possibility of a morning bathe in the sea… followed, just 90 minutes later, by a visit to the high pistes, at an altitude of around 2,000 metres (6,600 ft)! Valberg, Isola 2000 and Auron, to name a few examples, are amongst the outstanding ski resorts to be found in the region.

We have just reviewed the various advantages of investing in the Côte d’Azur. Though this was only a quick selection of ideas, it does nevertheless provide you with some arguments to consider in your quest to invest in property in the south of France. As a next step, we strongly recommend now getting in contact with a property advisor with good cultural knowledge of the region!