The French Riviera is the beautiful and privileged Mediterranean coastline in the South Eastern corner of France which stretches from St Tropez to Menton on the Italian border. It is mostly within the “department” of the Alpes Maritimes, also known as the “06” region and the Var, also known as the '83' region.
The French Riviera takes in famous towns such as Monaco, St. Tropez, St. Jean Cap Ferrat, Nice, Cannes, Mougins, St. Paul de Vence, and Villefranche. With a mild climate in the winter and a wonderfully long, hot summer it is an area of spectacular natural beauty and stunning coastlines which are protected by the foothills of the Alps.
In Winter you can sunbathe on the beach in the morning and be on the slopes for some Alpine skiing during the afternoon and still be back on the coast in time for dinner at some of the best restaurants in the world !
The coastline is dotted with quaint fishing towns and picturesque villages perched on the mountainsides, all framed by an azur blue sea of a startling turquoise to be found nowhere else.
The French Riviera was “discovered” by the British in the 19th Century and became the first coastal playground for the rich and famous. Today it remains the most exclusive area of France and nowhere else compares with its fine climate, ambiance, glamorous allure, seductive sights, aromatic smells, beautiful lanscapes and fashionable resorts teaming with the “beautiful” people.
Some of the world’s most stunning properties can be found here and if you are hoping to buy a water’s edge villa in an exclusive resort you can expect to pay tens of millions for the privilege.
Capital Appreciation on the French Riviera: The best capital appreciation occurs in areas where there is high demand but low supply. The French Riviera is the perfect scenario for this situation. Building land is limited as the French government has implemented stringent building restrictions to prevent overdevelopment. Many areas along the coast have been designated “green zones” which can therefore never be developed. This means that the supply of building land for property is extremely limited, but the demand for property in this beautiful and highly desirable part of France is incredibly high.
Rental Income on the French Riviera: The South of France offers a huge seasonal rentals market (which is in general more lucrative than long-term renting) catering to the millions who visit the region throughout the year on business or for pleasure. This covers the entire spectrum of properties from apartments on Cannes Croisette through to large villas and chateaux in St Tropez. There is a well established rentals market here meaning that your property can be an asset, generating income when you are not using it.
Attika International includes a management and rentals department in Cannes and we will be happy to advise you of the rental potential for your property in this area and take on your property in Cannes for rentals or management should you so desire. We work very closely with some excellent and exclusive rental companies in other areas of the Coast and will be happy to put you in touch with them.