Experience the French Riviera like never before, where stunning properties and vibrant local events come together to create the perfect Mediterranean lifestyle. Whether you’re drawn to the glamorous atmosphere of Monaco or the charm of coastal towns, these exclusive homes offer more than just luxury, they put you at the heart of the region’s lively cultural scene.
Go and relax in music on Friday the 6th and 13th of September morning at the Moulin de Paillas in Ramatuelle! Though the event is free, you do need to register in advance by calling
+33 (0) 4 98 12 64 00.
Art Angels Côte d’Azur – Art Through the Eyes of Women
Art Angels Côte d’Azur is organising an art exhibition in Cannes from the 13th until the 28th of September 2024. Intitled ‘Art Through the eyes of women’, they will open their doors on the 10th of September with a vernissage on the evening of the 12th September it’s only accessible with invitation VIP.
3 Days of Concert in 17 Communes
13 September to 15 September 2024
PACA Region
3 days of concerts will take place over next weekend in 17 different cities of the Region. The opening concert will be at the Theare de Nature in Allauch at 8:30pm on the 13th of September. The concerts are free and so are their workshop if you have a reservation.
In 2024, the Cannes Yachting Festival presents a new sector dedicated to new motorboats up to 12-13 meters located at Port Canto, between the Sailing and Yacht Brokerage & Toys areas.
“Pasolini en clair obscur,” an exhibition featuring film excerpts, paintings, drawings, and photography, is currently on display at the New National Museum of Monaco in Villa Sauber. Half a century after Pier Paolo Pasolini, his work continues to leave a significant mark on the contemporary art world. Experience some of his finest pieces at Villa Sauber in Monaco until September 29th.
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/09/istockphoto-1146661179-640x640-1.jpg432768Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-09-09 15:20:222025-09-01 16:05:15French Riviera Events – Yachting festival, Concerts, Art show
The biggest attraction of Ibiza is perhaps the sixties feeling of Love, Peace and Happiness. Because despite the rising prices of real estate and restaurants, the island remains a popular destination. Of course life on Ibiza is skyrocketing, but as long as there are people who want to pay 160 euros for two sun loungers, the price will not be adjusted. Okay, a frikandel speciaal for 10.20 is a bit excessive, but they are still in great demand. Just like the Dutch bitterballen by the way.
So what is the secret of Ibiza that keeps you coming back here? Is it the music? I did not really consciously experience the hippie era. My generation was musical aware in between Iron Butterfly (In a gadda da Vida) and the Jackson Five. I only knew Woodstock and Flower Power from LP covers and I would have liked to see Jimi Hendrix, Janis Joplin and Deep Purple play live. But I did not grow up with it.
When I got into music, American rap was all the rage, but so was funk and jazz rock. Despite that, music from the sixties always felt familiar and somehow ‘safe’. In a world that has been turned upside down, that’s a logical reason to still listen to it. When The Mama and The Papa’s sing ‘California Dreaming’, it’s as if all the daily misery fades into the background.
Funny or coincidental, this is the music that you hear (almost) everywhere on Ibiza. If there’s a performance by old rockers, the entire repertoire comes along and young and old dance to music from the sixties. Not just the Mama’s and The Papa’s, but also Bob Dylan, Neil Diamond, The Stones, Jefferson Airplane, Bob Marley and The Doors. Thanks to Ibiza, our children are now also crazy about this music, so it has proven to be timeless.
The secret of Ibiza. And why it’s so addictive to come back.
The love for Ibiza also has to do with energy, of course. Ibiza is actually a kind of Lourdes in the Mediterranean; we all go there with positive thoughts. And if you all think positive, you will get that vibe in your sensors as soon as you land.
Visual marking on our subconscious also plays a role in the attraction of Ibiza. You come across the words Love everywhere. And Peace. And Happiness. Then think of that experiment by the Japanese Masaru Emoto. He showed that words and music can influence the structure of water. With a simple microscope you can test this yourself. Just take two bottles of water and write on one bottle ‘Love, Peace, Happiness’. On the other bottle write the words ‘Hate, War, Evil’. In no time the structure of the water changes; the positive creates beautiful equal shapes and the negative destroys everything.
If you now realize that our body consists of about 50-65% water you will also understand why Ibiza has such a positive influence on your body and your feelings. Happiness has no budget and that is why the whiners can keep complaining about everything. But the true seekers of happiness simply buy a house on Ibiza. Because you will always be happy on Ibiza. And stay happy.
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/09/hippietimes.jpg234720Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-09-08 19:10:442024-09-17 12:00:26The secret of Ibiza. And why it is so addictive to come back.
When considering the purchase of an existing property in France, one of the potential concerns that may arise is the presence of asbestos. Asbestos was widely used in construction across Europe, including France, until it was banned in 1997 due to health risks. However, it is still commonly found in older properties. Understanding the implications of asbestos and why its presence does not necessarily pose a health risk is essential for anyone considering buying property in France.
What Is Asbestos?
Asbestos is a group of naturally occurring fibrous minerals that were once valued for their durability, heat resistance, and insulating properties. These characteristics made asbestos a popular material in construction, particularly in roofing, insulation, and floor tiles. Unfortunately, asbestos was later found to pose significant health risks. When asbestos-containing materials deteriorate or are disturbed, they can release microscopic fibers into the air.
Asbestos in French Properties
Given its historical use, asbestos is present in many buildings constructed before the late 1990s in France. This includes not only residential properties but also commercial and public buildings. In fact, it’s very common to find asbestos in older properties throughout the country. When purchasing an older property, it is not uncommon for a diagnostic report (Dossier de Diagnostic Technique, or DDT) to reveal the presence of asbestos. This report is mandatory for all properties built before July 1, 1997, and must be provided by the seller as part of the property sale process.
Should You Be Concerned?
The presence of asbestos in a property might initially seem alarming, but it’s important to understand the context. Asbestos only becomes a health hazard when it is disturbed and fibers become airborne. In many cases, asbestos in a property may be safely contained, such as within walls, under flooring, or in roofing materials. When asbestos is encapsulated and undisturbed, it does not pose a risk to the inhabitants of the property.
In fact, French regulations do not require the immediate removal of asbestos unless it is in poor condition or poses a direct risk. Encapsulated asbestos, such as in a well-insulated roof, is often left in place because removing it could actually create a greater risk of fiber release. Instead, property owners are required to monitor the condition of the asbestos-containing materials and ensure they remain in good condition.
Managing Asbestos in Your Property
If you’re considering buying a property with asbestos, there are steps you can take to manage any potential risks. First, ensure that the diagnostic report is up to date and conducted by a certified professional. This report will identify the location and condition of any asbestos-containing materials. If asbestos is found in good condition, there is usually no need for removal. However, if the materials are damaged or likely to be disturbed during renovations, professional removal or encapsulation by a licensed contractor may be necessary.
Reassurance for Buyers
It’s essential to understand that the presence of asbestos in a property is very common and not a cause for alarm. Many properties across France and even Europe still contain asbestos, and thousands of people live safely in these homes every day.
If you’re buying a property in France and discover asbestos, rest assured that this is a manageable situation. With the right precautions and professional advice, you can comfortably enjoy your new home without health risks. The key is to remain informed and proactive, ensuring that any asbestos is kept in good condition and that any necessary work is done by qualified professionals.
By taking these steps, you can confidently proceed with your purchase, knowing that asbestos, when properly managed, does not diminish the safety or value of your new property.
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/09/Screenshot-2024-09-03-15.17.25.jpg7851239Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-09-03 15:56:102025-09-01 16:05:30Buying Property in France: Understanding Asbestos Risks and Regulations
Investing in a rental property on the French Riviera can be highly profitable, but it requires careful consideration of several factors. The choice between seasonal and yearly rentals, furnished or non-furnished properties, and the specific location of your investment are all crucial to determining your potential ROI.
A holiday villa in Sainte Maxime might offer high returns during the peak season but comes with the risk of low occupancy during the off-season. In contrast, an apartment in Cannes may provide a more stable income stream throughout the year, making it a safer long-term investment. Understanding these nuances will help you make a more informed decision and maximise your investment in the Côte d’Azur.
Buying a rental property as investment on the Cote d’Azur
The French Riviera, also known as the Côte d’Azur, is one of the world’s most desirable real estate markets. Its stunning landscapes, luxurious French Riviera lifestyle, and year-round pleasant climate make it a prime destination for investors, particularly those looking to purchase rental properties. However, investing in rental properties on the French Riviera requires a nuanced understanding of the market, especially when considering the differences between seasonal and yearly rentals and the impact of location on return on investment (ROI). We will help you navigate these considerations, focusing on critical aspects such as the type of rental (furnished vs. non-furnished), seasonal vs. yearly rental options, and comparing investing in a holiday villa in Sainte Maxime or an apartment in Cannes.
1. Understanding the French Riviera Market
The French Riviera, stretching from Menton near the Italian border to Saint-Tropez in the west, includes some of the most famous cities and towns in France, such as Nice, Cannes, Antibes, and Monaco. Each area offers unique opportunities and challenges for property investors.
Nice is known for its mix of traditional and modern, appealing to both tourists and residents.
Cannes is synonymous with luxury and glamour, driven by events like the Cannes Film Festival.
Antibes and Juan-les-Pins are popular for their marinas and beaches, attracting affluent tourists and expatriates.
Saint-Tropez and Sainte Maxime offer a more exclusive, resort-like experience, appealing to high-net-worth individuals.
Given this diversity, it’s essential to tailor your investment strategy to the specific location and its clientele.
2. Seasonal Rental vs. Yearly Rental on the Côte d’Azur
One of the most critical decisions when investing in a rental property on the French Riviera is choosing between a seasonal rental (short-term) and a yearly rental (long-term). Each option has its advantages and disadvantages.
Seasonal Rental:
Definition: Seasonal rentals are short-term rentals, typically lasting from a few days to a few weeks. They cater to tourists, especially during the high season (spring, summer, and early autumn).
Advantages:
Higher Rental Income: During peak season, you can charge a premium, especially in prime locations like Cannes or Saint-Tropez.
Flexibility: You can use the property yourself when it’s not rented out.
Tax Benefits: The French tax system offers certain advantages for furnished rental properties, including the ability to deduct maintenance costs and property management fees from your taxable income.
Disadvantages:
Seasonal Demand: The property may sit empty during the off-season, affecting overall ROI.
Management: Managing a seasonal rental can be time-consuming, requiring frequent tenant turnover, marketing efforts, and maintenance.
Yearly Rental:
Definition: Yearly rentals are long-term leases, typically lasting 12 months or longer. These are aimed at residents rather than tourists.
Advantages:
Stable Income: Long-term rentals provide a steady income stream, reducing the risks associated with vacancy periods.
Lower Management Effort: With fewer tenant turnovers, management is less intensive compared to seasonal rentals.
Legislation: Yearly rentals are governed by French tenancy laws, which provide clear guidelines on tenant and landlord rights.
Disadvantages:
Lower Rental Income: Monthly rental rates are usually lower than the weekly rates you can charge during the peak season for short-term rentals.
Limited Flexibility: Once you commit to a long-term tenant, you cannot use the property yourself.
3. Furnished vs. Non-Furnished Rentals
Another key decision when renting out your property is whether to offer it furnished or non-furnished. This choice will affect both your rental income and the type of tenants you attract.
Furnished Rental:
Definition: A furnished rental comes fully equipped with furniture, appliances, and often additional amenities like linens and kitchenware. It’s ready for immediate occupation.
Advantages:
Higher Rent: Furnished properties typically command higher rental rates.
Attracts Specific Tenants: Ideal for short-term tenants, expatriates, or professionals on temporary assignments who need a turnkey solution.
Tax Benefits: Similar to seasonal rentals, furnished rentals can benefit from favorable tax treatments.
Disadvantages:
Higher Initial Costs: Furnishing a property requires a significant upfront investment.
Wear and Tear: Furniture and appliances are subject to wear and tear, leading to higher maintenance costs.
Non-Furnished Rental:
Definition: Non-furnished rentals are properties that are rented out without furniture, usually including only basic fixtures like a kitchen and bathroom.
Advantages:
Lower Initial Investment: There’s no need to purchase furniture or appliances.
Long-Term Tenants: Non-furnished properties tend to attract long-term tenants, providing more stability.
Lower Maintenance Costs: With fewer items subject to wear and tear, maintenance costs are generally lower.
Disadvantages:
Lower Rent: Non-furnished rentals usually command lower rental rates than furnished ones.
Limited Tenant Pool: It may take longer to find tenants, especially in areas popular with expatriates and professionals.
4. ROI Comparison: Holiday Villa in Sainte Maxime vs. Apartment in Cannes
When comparing the potential return on investment (ROI) between different locations on the French Riviera, it’s essential to consider factors like purchase price, rental income, occupancy rates, and property appreciation.
Holiday Villa in Sainte Maxime:
Market Overview: Sainte Maxime, located near Saint-Tropez, is known for its exclusive, tranquil atmosphere. It’s a popular destination for wealthy tourists seeking a more private and relaxed environment.
Purchase Price: Villas in Sainte Maxime can be quite expensive, with prices reflecting the area’s exclusivity and proximity to the sea.
Rental Income: During the peak summer months, rental rates for holiday villas in Sainte Maxime can be extremely high, especially for properties with sea views or direct beach access. However, the off-season can be slow, leading to lower overall occupancy rates compared to more central locations.
ROI: The ROI for a holiday villa in Sainte Maxime highly depends on maximising occupancy during the high season. If you consistently attract high-net-worth tenants, the ROI can be substantial. However, the seasonal nature of the market makes it riskier, with the potential for significant variance in annual returns.
Apartment in Cannes:
Market Overview: Cannes is internationally recognized for its glamour, driven by events like the Cannes Film Festival. It’s a year-round destination, with a steady flow of tourists, business travelers, and expatriates.
Purchase Price: Apartments in Cannes, particularly those near La Croisette or with sea views, command high prices. However, the market offers many options, from luxury penthouses to more modest apartments.
Rental Income: Cannes offers a more stable rental income stream, with high demand throughout the year. The presence of international events ensures that even during the off-season, there is demand for short-term and long-term rentals.
ROI: Investing in an apartment in Cannes typically provides a more consistent ROI. While the peak-season rental rates may not be as high as in Sainte Maxime, the year-round demand helps mitigate risks associated with seasonality, leading to a potentially higher overall ROI.
Bottom-line, it depends mostly on how you want to use the property. Is it simply an investment? Or do you want to enjoy it as well, outside season peaks? In all cases, contact us to find the best properties that fit your plans, expectations and budget.
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/08/tourist-carrying-baggage.jpeg4031200Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-08-28 15:48:242024-10-08 10:20:17Buying a rental property as investment on the Cote d’Azur
The French Riviera, also known as the Côte d’Azur, is one of the most desirable destinations in the world. It offers a perfect blend of luxury, beauty, and the Mediterranean lifestyle. This stunning region, located in the southeast of France, is home to beautiful cities like Nice, Cannes, Monaco, and Saint-Tropez. Living on the French Riviera isn’t just about enjoying breathtaking views and embracing a healthy lifestyle.
Why the French Riviera is So Popular
The French Riviera’s Allure: The Côte d’Azur attracts millions of visitors and residents each year with its combination of a mild climate, azure waters, and picturesque landscapes. The region is famous for its luxurious beach resorts, high-end villas, and vibrant social scene, which includes internationally renowned events like the Cannes Film Festival and the Monaco Grand Prix.
Cultural Richness: Beyond its glamorous reputation, the French Riviera is steeped in history and culture. The area is dotted with Roman ruins, medieval villages, and art museums, making it a haven for history buffs and art lovers alike. From the ancient ruins in Nice to the cobblestone streets of Eze, the French Riviera offers a deep connection to the past.
Outdoor Living: One of the most attractive aspects of life on the French Riviera is the outdoor lifestyle. Thanks to the region’s year-round pleasant weather, residents can enjoy activities like hiking in the Mercantour National Park, cycling along coastal roads, or strolling down the Promenade des Anglais in Nice. This emphasis on outdoor living contributes to a healthy and active lifestyle.
Balanced Living: Life on the French Riviera is about finding balance whether it’s sipping coffee at a local café, enjoying a sunset yacht cruise, or exploring vibrant markets filled with fresh produce. The pace of life here allows residents to savor the natural beauty and cultural offerings of the region.
Transportation and Connectivity: The French Riviera is well-connected, with the Nice Côte d’Azur Airport offering international flights, high-speed trains linking to major European cities, and a network of motorways that make traveling around the region convenient.
Real Estate on the French Riviera
Luxury Real Estate Market: The French Riviera is synonymous with luxury real estate. From seaside villas with private beaches to upscale apartments in bustling cities, the property market caters to those seeking exclusivity. Cities like Cannes and Saint-Tropez are renowned for their opulent homes, often attracting celebrities and wealthy individuals from around the world. Meanwhile, Monaco offers ultra-luxury living with the added benefit of being a tax haven.
Diverse Property Options: While the Côte d’Azur is known for its high-end properties, there are also more affordable real estate options in inland towns or lesser-known areas. These locations still offer the charm and benefits of Riviera living but without the high price tag.
Cost of Living on the French Riviera
Living Costs: Although the French Riviera is associated with luxury, the cost of living can vary significantly depending on your lifestyle and location. While real estate prices are high in cities like Cannes and Monaco, everyday expenses such as groceries and dining can be reasonable, especially if you frequent local markets and bistros.
Property Prices: Property prices are among the highest in France, particularly for homes with sea views or in prestigious locations. However, there are also opportunities to find more reasonably priced properties if you explore inland areas or smaller towns. Have a look at these hidden villages.
Expat Life on the French Riviera
International Community: The French Riviera is a magnet for expatriates from all over the world, particularly from the UK, the US, Italy, and Scandinavia. English is widely spoken, and there are numerous expat clubs and social groups that help newcomers integrate into the local community.
Healthcare: The French Riviera offers excellent healthcare, with both public and private facilities providing high-quality medical services. The French healthcare system is highly regarded for its efficiency, making it an attractive destination for retirees and expats.
Festivals and Cultural Events on the Côte d’Azur
Year-Round Festivals: The French Riviera is not just about luxury living; it’s also a cultural hub with a calendar full of events. From the famous Cannes Film Festival to the vibrant Nice Carnival and the unique Menton Lemon Festival, there’s always something happening. These events showcase the region’s rich cultural heritage and offer plenty of opportunities to experience the local way of life. Every week, we conduct a debrief on the week’s events, titled “French Riviera Events,” to stay up-to-date with all the cultural happenings and subscribe to our newsletter!
Art and History: The region has inspired some of the greatest artists, including Picasso, Matisse, and Chagall. Their influence is evident in the many museums and galleries across the Riviera, such as the Musée Matisse in Nice and the Picasso Museum in Antibes.
Culinary Delights: The French Riviera is a paradise for food lovers. The local cuisine is a delightful blend of French and Mediterranean flavors. Whether dining at a Michelin-starred restaurant or enjoying a meal at a local bistro, the culinary experiences here are as diverse as they are delicious.
Final Thoughts: Embracing the French Riviera Lifestyle
Living on the French Riviera offers a unique lifestyle that combines luxury, culture, and a deep appreciation for the simple pleasures of life. Whether you’re drawn to the glamour of Cannes or the tranquility of Menton, the Côte d’Azur provides an unparalleled quality of life. If you’re considering moving to this enchanting region, or simply dreaming about it, the French Riviera stands as a symbol of the perfect Mediterranean lifestyle. Are you looking to buy a property in this region ? Contact us at [email protected]
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/08/full-shot-smiley-girl-holding-map.jpg17072560Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-08-27 18:05:312026-05-07 10:50:27For Expats: A Guide to Living in the French Riviera
France loves traditions and honours its past, architecture, families, and those who have achieved something in the fields of theatre, film, or music. Anyone who has ever scored a hit as a French woman or Frenchman can count on eternal fame for the rest of their career. Johnny Halladay is also often wrongly pronounced as Johnny Holiday.
It was a pseudonym of Jean-Philippe Smet, born in Paris on June 15, 1942. This French mix of Elvis Presley and the Dutch folk singer André Hazes sold more than 100 million records. Johnny started making music in 1950 and was extremely popular in France in the sixties.
Like Elvis, he had to join the army at the age of 18 as a result of compulsory military service. He was given permission by the army leadership to record records, which suddenly made the army super cool.
Statue of French rocker Johnny Hallyday in Fréjus
Johnny Halladay also toured America where he wrote several songs in Nashville. However, his superstar image mainly continued to shine in France. He also starred in 30 films, including The Pink Panther 2 (2009).
Halladay was married four times, most recently to a model 32 years his junior. He lived like a rock & roll star, settling in Switzerland in 2006 where he paid 15 times less income tax than in France. He eventually moved to Los Angeles where he died on December 5, 2017.
France now honours him forever with a statue in the French port city of Fréjus.
A statue of the late French rocker Johnny Hallyday of 1,80 meters is to be inaugurated on September 21st in Frejus in the Var. Thousands of people are expected to attend the inauguration of the life-size representation of the singer at the Port of Fréjus. The event is the initiative of the motorbike club founded in 1992 by Johnny. Close friends of the singer and former musicians who accompanied him on stage are expected to be present.
This is to allow the rocker’s fans to pay their respects. Several sites are being considered: Port-Fréjus or the Base Nature, where Johnny performed in 2016 in front of 15,000 people.
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/08/New-Project.jpg4861200Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-08-27 09:41:172024-08-28 12:45:44Statue of French rocker Johnny Hallyday in Fréjus
According to experts, the UAE is expected to see a further increase in the number of Ultra-High Net Worth Individuals (UHNWIs) moving to the country due to the country’s new regulations and tax benefits. This trend is expected to continue as the country’s wealth management industry grows. The growing number of these individuals also contributes to the country’s infrastructure development.
The UAE expects to welcome around 128,000 UHNWI individuals worldwide who will become millionaires this year. The number of these individuals is expected to increase significantly as the UAE continues to experience a significant increase in its millionaire population.
There are around 116,500 millionaires in the UAE, 308 centi-millionaires, and 20 billionaires. The increasing number of individuals relocating to the country has changed how they view it. Previously, UHNWIs typically only considered investing in real estate as a part of their portfolio. But that is changing as life standard becomes more and more attractive.
Influx of UHNWI to United Arab Emirates
The increasing number of individuals relocating to the UAE has changed because of how they view the country. They are now basing their decisions on the country’s increasing asset exposure and its ability to attract wealthy families and individuals. This is supported by the country’s efforts to become more attractive to such individuals.
The country’s continuous efforts to improve its legal and regulatory environment also contribute to the increasing number of UHNWI high-net-worth individuals moving to the UAE. According to a report released by Knight Frank’s 2024 Wealth Report, the number of ultra-high-net-worth individuals is expected to increase by 30 per cent by 2028. The region is planning on addressing this growing population through its infrastructure development.
The number of ultra-high net worth individuals worldwide grew by 4.2 percent in 2023. This was due to an increase of around 70 new investors every day. The Middle East and North America were the regions that experienced the biggest growth, with respective increases of 6.2 percent and 7.2 percent.
The GCC nations have been investing heavily in their infrastructure, which has contributed to the high standards of living that the region’s wealthy residents have come to expect. He noted that the real estate sector is expected to continue offering more opportunities to the ultra-high net worth individuals.
In Dubai, 26,154 new homes will be launched this year, while 32,667 will be introduced in 2025.
Emirate Ajman
Runner-up Emirate Ajman sees the rental market going sky-high. According to the Ajman Municipality and Planning Department, Ajman’s rental market recorded a significant 49 per cent increase in transaction value during the first half of 2024, reaching AED2.277 billion. Ajman’s real estate market witnessed remarkable growth in the first half of 2024, with 7,071 transactions valued at over AED9 billion, reflecting a 33 per cent increase compared to the same period in 2023.
For Dubai, high-end investors are looking for properties in prime locations such as Emirates Hills, Palm Jumeirah, and Jumeirah Bay Island. Dubai has experienced a record-breaking number of transactions. The city’s real estate market is expected to continue experiencing further growth due to the increased number of people moving into the country. The country’s financial centres are also becoming more accommodating to the needs of the country’s high-net-worth individuals.
The various regulatory changes introduced in the country’s financial centres are helping to accommodate the needs of the growing number of high-net-worth individuals. These include the introduction of the Family Business Law of the UAE.
The DIFC recently announced the implementation of Family Regulations, which allows certain family offices in UAE to operate without the need for a registration with the financial services authority of the UAE. This new feature allows them to operate as non-financial businesses.
Tax benefits UHNWI
The United Arab Emirates offers a variety of tax benefits that are ideal for families with multiple generations in mind. There are no inheritance taxes and no personal income taxes in the country. This makes it an ideal location for individuals who are looking to preserve their wealth. The number of family offices in the country has also increased due to the growing number of UHNWIs.
The total assets of family offices for UHNWI in the Middle East could reach $500 billion by 2025. Investment preferences for these types of businesses are diverse and will be more active in the UAE commercial real estate industry like Ajman.
The demand for alternative investments is expected to grow. The family office sector in the Middle East is expected to expand rapidly, with its total assets poised to increase by almost 50% by 2026.
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/08/UNHWI-coming-to-UAE-hands-waving-flags-united-arab-emirates.jpeg8291200Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-08-27 09:26:002026-05-07 10:48:56Influx of UHNWI to United Arab Emirates
This week on the Côte d’Azur, get ready for an unforgettable journey where the sea meets the mountains, and glamour intertwines with authenticity! First up, head to the hilltop village of Èze, where the Eze Music Festival will dazzle you on August 31st with a night of rock under the stars. Then, make your way to Monaco, where Michelin-starred chef Sébastian Sanjou invites you to experience his new restaurant, Marius a true celebration of Provence with breathtaking views over the Mediterranean.
But that’s not all! In Mouans-Sartoux, rock and jazz lovers won’t want to miss the legendary Weather Report band, set to electrify the Médiathèque on August 30th. Art enthusiasts, meanwhile, can explore the “Events Éphémère” exhibition in Nice. Finally, Mougins is alive with summer vibes, offering vibrant galleries, shops, and bustling terraces perfect for evening strolls.
Ready to experience the magic of the Côte d’Azur? Join us for a week full of discoveries, flavors, and music!
If you like Rock m’ Roll and Jazz, you’re in for a treat. The group Weather Report will play on the 30th of August from 8:30pm at the Mouans-Sartoux’s Mediatheque.
Organized under the curatorship of Alain Jaquet, the group exhibition “Events Éphémère” is open to the public until November 16, 2024 at 16 avenue Maréchal Foch in Nice.
The Musical Mystery Association and the Mairie of Eze are proudly presenting the live music station festival from 7pm on the 31st of august at the Oppidum du col d’Eze. Join them for free and enjoy various rock groups such as the Sultan of Strings, 8173, Skantchy.
Michelin star chef Sebastian Sanjou has opened a new restaurant in Monaco called the Marius restaurant! Come and taste Sanjou’s vision of Provence on the stunning terrace and breathtaking views and dynamic bar lounge on 6 quai Antoine Ier in Monaco!
The village of Mougins is ready to welcome visitors this summer. Restaurants and terraces are coming alive until late at night. Shops, galleries, and workshops open their doors to reveal their treasures, and exhibitions centres showcase new displays. Find out more on the Mougins Tourism office website Vivez l’expérience – Mougins Tourisme
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/08/smiley-friends-with-sangria-medium-shot.jpg53277990Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-08-26 16:16:272025-09-01 16:05:52French Riviera Events – Rock band, Music festival, New restaurant
This Wednesday, Stella Cole opened the evening of the Nice Jazz Fest on the stage of the Théâtre de Verdure. At 25, the American, a fan of Judy Garland and Barbra Streisand, is a newcomer whose rise was made via social networks.
You can find everything on TikTok—funny or lascivious dances, inspired comedians, billions of cute cats, top-flight or Sunday chefs. And you can even come across some beautiful voices. That of Stella Cole, for example. This Wednesday evening, the Nice Jazz Fest’s audience discovered her as an opening act at the Théâtre de Verdure. Just before the Cuban pianist Alfredo Rodriguez and the American saxophonist Kenny Garrett, the singers Jordan Rakei and Omah Lay and the group Jungle brought the crowds to the Scène Masséna side.
TikTok sensation
During the COVID-19 period, Stella Cole began publishing videos of herself performing pieces from the Great American Songbook, the cream of the famous Yankee song from the 1920s to the 1960s. Quite quickly, the counters went crazy.
“It was incredible. There were hundreds and hundreds of thousands of views each time. I lived with my parents in nowhere, almost in the woods. I was walking with them and my dog. And besides that, everything was moving very quickly online. I started posting for fun because I missed singing in public so much. And then I told myself that maybe there was something to do,” explains the Illinois native, followed by 838,000 people on Tiktok.
“When the world opened up again, I understood it wasn’t just a story of unreal numbers on my smartphone, that real people were behind all this. In New York, where I live now, people recognize me on the street. I started playing with a band I didn’t know. The transition happened almost naturally, without me noticing it,” continues the 25-year-old singer.
As she confirms to us, this leap into “real life” could have seemed like a leap into the void. “There was a scary side when I started doing shows, it’s true. I went through very small clubs, bars, restaurants, and hotels. I played five or six times a week. I gained a lot of experience. And it was more fun than singing alone in my room while filming myself.”
New album release
“I don’t consider myself a jazz singer,” Stella Cole ponders. “I listened to Nat King Cole, Frank Sinatra or Ella Fitzgerald. But I was even more immersed in the songs of Judy Garland, Barbra Streisand or old movie soundtracks.” Like many musicians, especially among members of Generation Z (which refers to people born between the end of the 1990s and the beginning of the 2010s), Stella Cole doesn’t bother with labels.
“I’m not sure genres matter much. What matters is the connection you can feel when you listen to a song.” This results in a repertoire where she combines a cover of “Flowers”, a hit by Miley Cyrus, with “Uptown Girl”, by Billy Joel, to return to “P.S. I Love You”, a 1934 classic sung by Bing Crosby, Billie Holiday and Diana Krall. Not to mention the eternal “Cry Me A River”, a song that has passed between the vocal cords of an infinite number of great names.
On August 30, Stella Cole will present her first album. We will hear a cover of “My Future” by the very modern Billie Eilish. If you missed the Nice Jazz festival, buy your tickets on time for next year!
by Ab Kuijer//in Blog
https://www.livingonthecotedazur.com/wp-content/uploads/2024/08/a0KJz00000MPBTSMA5_1140x642.jpg6411140Ab Kuijerhttps://www.livingonthecotedazur.com/wp-content/uploads/2024/02/sitelogo150.pngAb Kuijer2024-08-23 16:34:352024-08-23 16:34:40Stella Cole stole everyone’s heart at Jazz Festival Nice
There’s something for everyone along the Côte d’Azur this week!
The city of Valbonne is hosting a myriad of events from the 8th of June to 1st of September from concerts to festivals and open markets. Find them all on our website riviera radio.mc
The” Write a short story in English” Competition, organised by the English Library of Nice, is still open till the end of August. Details of the competition are on Facebook: Nice English Library.
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