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December 27, 2018luxury real estate market

French destinations preferred by the high-end real estate clientele

If we think about the constant demand for properties in Paris, on the French Riviera and in other regions, we can say that the luxury property market is in perfect health in France. The volume of sales reported by major French real estate agencies is increasing, which means that French as well as foreign buyers (American, Middle Eastern and Chinese) have regained their interest in high-end properties.
There is also another category of luxury real estate buyers that has come to the fore recently: rich French families returning from Belgium, Luxembourg, Switzerland, the United Kingdom and buying high-end homes on the French Riviera.

Wy is the luxury real estate market so successful

For the first time in a long time, the overall evolution of mortgage rates is trending downward. This situation has prompted many French to invest in high-end real estate. "The Macron effect" is still felt internationally and helps foreign customers maintain confidence in the French luxury real estate market. Sales are fast and prices for luxury properties are still rising.

The effect of Brexit on the situation of the French real estate market

In addition to that, Brexit also contributed to the growth of the number of real estate investors in France.

According to in 2015, "the British were the first foreign buyers of real estate in France ahead of Belgians, Swiss and Italians. On the national territory, the most attractive real estate locations were the Provence-Alpes Côtes d'Azur, Rhône-Alpes, Languedoc-Roussillon and Ile-de-France regions in 2015. In 2018 the PACA region is moreover in addition to the high-end clientele.

The regions preferred by investors in high-end real estate

South-East France will always be an interesting region for French and foreign investors. Marseilles, Toulon and Nice are the most important cities of the PACA region, which is remarkable for its exceptional natural and cultural setting, and its economic dynamism.

Apart from the big cities already mentioned, there are also other paradisiacal regions that must be seen: for example, Cannes, Mougins, Valbonne are small towns that offer visitors and residents an exceptional environment where you can qdopt  a lifestyle focused on well-being.

Those who are nterested in cultural events can choose from 6000 cultural and sporting events that are organized every year on the French Riviera (festivals, classical music concerts, baroque, jazz, contemporary and classical dance shows, operas, theaters).

Sport activity fans can enjoy the 120km coastline and alpine park, to indulge in water or alpine skiing, windsurfing, jet skiing, canyoning, rafting, climbing, mountain biking, tennis, hiking, hang gliding, paragliding etc.

To buy or rent?

The French Riviera remains one of the favorite destinations for high-end French real estate clients. Under the circumstances, buying a luxury property is more interesting than renting a luxury home on the French Riviera. The beauty of the area, the unique quality of life, and the favorable prices of the properties are arguments that have always convinced our guests.