Despite the decrease in demand, the prices of real estate in Ibiza have continued to rise. This has led to some sales dips, but the market is still resilient and has plenty of potential for investors. Now is the ideal time to buy a property in the area.

It’s now more important to ask whether selling a property is a good idea, as the market will likely be transitioning toward a buyer’s market. The Spanish and Balearic property markets have shown steady growth since the start of the decade, reaching their peak in 2017.

The average prices and sales of properties remained stable until late 2019, which then led to a mild decline. In 2020, a temporary pause was taken, and in 2022, the market reached its highest levels. However, in 2023, both price and buying activity fluctuated once again following the COVID-19 boom.

It’s important to note that this phase of the market’s evolution is often natural and can help set the stage for a more sustainable future. This period may also provide an opportunity for the market’s various components to adjust. However, it’s important to keep in mind that investing in the short term can be risky.

Before investing in either Spain or the Balearics, it’s crucial to follow the market’s evolution and thoroughly assess the current conditions. Doing so will allow you make sound decisions. Even though the global economy, financial uncertainty, and geo-political developments are affecting the market, the luxury housing sector in Ibiza is thriving.

According to data from Prestige Properties, the average price of a property in Ibiza is higher than that of the other Balearic Islands and the Spanish mainland. Despite the slight decrease in sales and demand, the market still remains resilient. In 2023, the company’s sales data revealed that the average price of a property in the area increased by 17% since 2018. During this period, the number of enquiries also increased by 87%.

Despite the slight decline in sales and demand, the Ibiza property market is still expected to grow in 2024. The number of properties on the market will increase from the current level to a higher supply level. 75% of the buyers who purchased a property in 2023 were second homeowners.

A buyer market

There are various signs indicating that the market may be shifting toward a buyer’s market, but it’s crucial to keep in mind that this can’t be confirmed until the second quarter of the 2019 year. Sales in the real estate market of Ibiza are expected to stabilize in the upcoming year, with an increase in the number of available properties.

The current market conditions in Ibiza suggest that it’s a good time to sell your property due to the high prices. However, the long-term outlook for the property market is still unclear. Price stability or even a decline can’t be predicted due to the uncertainty surrounding the economy and political situation. The real estate market in the island has exhibited resilience during times of crisis.

The market’s resilience during times of crisis makes it an appealing investment for long-term investors. Those who are considering investing in the real estate market of Ibiza can be confident that it will bounce back from any setback. This is unlike the other real estate markets in Spain and the Balearic Islands.

The island’s multicultural environment and the high demand for luxury homes and properties in 2024 will make it an appealing location for both buyers and sellers. Even though the real estate market in Ibiza is currently shrouded in uncertainty, it is a good time to sell because of the high prices.

Despite the current market conditions, potential buyers are still expected to find great opportunities in the upcoming years. To ensure that they are getting the best possible advice, it’s important to keep up with the latest market updates and remember that the global economic situation can affect the future of the property market on the island.

Most wanted properties on Ibiza

The rapid emergence and growth of the luxury real estate market have raised concerns about the sector’s potential impact on the economy. The real estate market in Ibiza has been growing significantly due to the increasing number of investors looking for high-end properties. Villas with private pools and properties situated on the beach are some of the most talked-about real estate in the area. The appeal of owning a property that offers both comfort and luxury is attracting people worldwide.

Developers are focusing on sustainable development in order to attract more eco-conscious buyers. New construction projects are being carried out with eco-friendly features and designs. These properties are designed to minimize their carbon emissions. Some of the facilities that are featured in these developments include water conservation systems and solar panels.

The integration of various technologies is also a key component of sustainable development. In addition to being more eco-friendly, the modern homes being built in Ibiza are also becoming more sophisticated. They are being equipped with various technological features such as smart home automation systems.

In the real estate market of Ibiza, wellness has become a buzzword. Villas and houses are now equipped with various facilities such as gyms, meditation rooms, and spa rooms. These places are designed to provide residents with a place to unwind and reinvigorate.

The rising demand for sea-view properties has contributed to the market’s growth. Those looking to purchase a property with sea views are in for a treat; the main factor is that the demand for these types of homes has been growing. These houses offer a tranquil living space and panoramic views of the Mediterranean Sea.

Those who are looking to purchase a property with sea views are in for a treat as the demand for such homes has been growing. These houses offer a tranquil living space and panoramic views of the Mediterranean Sea.

Ibiza is seeing the emergence of the concept of community living. Developers are now focusing on creating living spaces that are designed to foster a sense of belonging and togetherness. This can be done through the establishment of communal pools and gardens.

Due to modern investors’ changing lifestyles and preferences, the real estate industry in Ibiza is constantly evolving. It offers something for everyone, whether you are an investor looking for a property right for your budget or a person seeking a home that fits their eco-friendly lifestyle. Please contact our office in Ibiza for a tailor-made selection and assistance.

by Ab Kuijer//in Blog

The Emirate of Ajman is just 15 minutes from Dubai. It has half a million inhabitants and a flourishing industry that is less dependent on tourism. Ajman is the smallest of the seven emirates and measures approximately 259 square km, approximately 0.3 per cent of the surface area of ​​the UAE, excluding the islands.

Ajman has some sandy beaches but is mainly characterised by the rugged Hajjar Mountains. Although the city is modern and offers up-to-date services and facilities, it retains its traditional charm. Ajman is located on the coast of the Arabian Gulf, in the northern part of the UAE. It is 16 km long and lies between the emirates of Sharjah and Umm Al Quwain.

Commercial real estate in Ajman

Commercial real estate in Ajman is attractive because you can buy an existing building filled with tenants for relatively lower costs than in Dubai. The government strictly controls every transaction.

His Highness Sheikh Rashid Al Nuaimi, Chairman of Municipality and Planning Dept.-Ajman, issued an administrative resolution to launch the Tasdeeq system of electronic lease contracts. “Tasdeeq” was issued after two princely decrees concerning the ratification and organization of rental agreements and all related matters and to reform the rental disputes committee.

Under the administrative resolution, the first phase of the rental and residential contracts, the Tasdeeq electronic system, was launched through the following procedures in the department’s electronic system.

The resolution of launching “Tasdeeq” will take effect immediately by the concerned department to simplify the procedures on all members of the society in the Emirate of rental contracts ratification where the department continues its policy of smart electronic transformation several years ago and has many special procedures and services electronically provided to Public health & environment, and infrastructure development sectors and others via smart services on department’s smart application. (source: https://www.tasdeeq.ae/en/services.html)

As the building owner, you receive a cheque with the collected rent every three months. 

Calculation example commercial real estate Ajman

Suppose you invest in a 15-story shopping and residential tower with 145 units. The purchase price is 16 million euros. The rental income is 1.8 million euros annually, a 12% ROI. 

If you deduct the building maintenance and rental management, you keep a 10% ROI. And that is 1,600,000 euros completely tax-free.

As a commercial real estate investor in Ajman, rental income is tax-free. You can do two things with it: invest in another building with tenants and increase your profits further. Or use the money to invest in, for example, a lovely villa on the Cote d’Azur. All income is tax-free, so commercial real estate in Ajman is the best way to get the best net result.

Ajman real estate facts

The real estate market in Ajman has been growing significantly over the past couple of years due to various factors. These include the government’s efforts to develop the area’s infrastructure and affordable property prices. This region offers investors a great opportunity to enter the UAE’s real estate market.

Ajman’s real estate market is considered one of the most affordable in the UAE. Its prices are significantly lower compared to other areas, such as Abu Dhabi and Dubai. This makes it an ideal choice for investors looking to make high returns. Its rental yields are also higher than those in other nearby emirates.

The government of Ajman has been implementing various regulations and policies to promote the development of the area’s real estate market. One of these is the introduction of property laws that allow expatriates to own properties in designated areas. The city’s free zone also helps boost its appeal as an investment destination.

According to a report by Ajman’s Land and Real Estate Regulatory Department, these transactions were distributed as follows: 2,039 transactions for citizens, totalling AED2.98 billion, and 5,139 transactions for foreign investors, totalling AED6.048 billion, reflecting an impressive 88 per cent growth.

Sheikh Abdulaziz bin Humaid Al Nuaimi

Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation in Ajman, highlighted the emirate’s significant achievements across various sectors. He emphasised the real estate sector’s alignment with Ajman’s continuous development and economic progress, attributing this success to the wise vision of H.H. Sheikh Humaid bin Rashid Al Nuaimi, Member of the United Arab Emirates Supreme Council and Ruler of the Emirate of Ajman, and the diligent efforts of H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of the Emirate of Ajman and Chairman of Ajman Executive Council. He explained that their leadership has positioned Ajman as an attractive destination for real estate investments.

He added that the real estate sector in Ajman has seen remarkable growth in recent years due to the emirate’s provision of facilities and success factors for investors and their projects, its flexible legislative environment that attracts investments, the ease of registration procedures, the speed of transaction completion, and the advanced modern infrastructure of the emirate.

Sheikh Abdulaziz emphasised that the growth achieved by the emirate’s real estate sector reflects investors’ confidence in Ajman as a leading investment destination and strengthens the sector’s robustness. It also reflects the success of the Department of Land and Real Estate Regulation’s strategy aimed at providing an integrated and distinguished business environment for investors of various categories.

Real estate transactions

The department’s report mentioned that the volume of real estate transactions in Ajman during the first half of the year reached 5,449 transactions valued at AED6.139 billion, an increase of 37 per cent compared to last year. Additionally, 1,205 mortgage transactions were recorded with a total value of AED1.797 billion over the past six months.

The report explained that the areas of Al Yasmeen, Al Zahia, and Al Helio 2 had the highest real estate transactions (ownership) during the first half of 2024, while the eastern sector was the most active during the same period, followed by the southern and northern sectors.

The report identified several key reasons for the increase in foreign investment in the emirate, most notably the promotional activities in the emirate, especially the Ajman Real Estate Investment Exhibition, which saw the signing of 336 deals worth AED195.8 million. Other reasons include the emirate’s excellent and central location among the Emirates, its flexible laws and regulations that attract investment, the variety of models offered in the real estate market, the ease of obtaining financing for residential and commercial projects, and the availability of facilities that allow foreigners to purchase and own property up to 100 per cent. (source: https://www.wam.ae/en/article/b482g6s-real-estate-transactions-ajman-reach-aed9-billion)

Ajman free zone

Ajman’s free zone provides various incentives, such as tax exemptions and 100% foreign ownership, making it ideal for businesses and entrepreneurs.

One of the main factors contributing to the growth of the real estate market in the city of Ajman is its infrastructure development. Over the years, the government of the UAE has been investing in various projects, such as the construction of roads and highways. These projects have made travelling between the various emirates easier for residents and visitors. Ajman’s reputation as a residential destination also benefits from the presence of several prominent institutions and schools.

The combination of cultural and economic development and its natural beauty makes Ajman an appealing and unique location within the UAE. Its historical landmarks, vibrant cultural scene, and pristine beaches provide its residents with a high standard of living. Ajman’s real estate market is also attractive to investors due to its low prices and investor-friendly regulations.

The city of Ajman is becoming a prominent player in the UAE’s real estate market. It offers investors a variety of opportunities to secure stable and profitable returns. Are you interested in commercial real estate in Ajman as part of your international portfolio? Living on the Cote d’Azur has an office in Ajman and local partners with Quest Invest Realty. First contact and off-market opportunities via Ab Kuijer [email protected]

by Ab Kuijer//in Blog

When you purchase a castle in France, you’re not just buying a home; you’re acquiring a piece of art, a fragment of history, and a connection to the past. These grand estates often date back to the medieval era, the Renaissance, or the 17th and 18th centuries, each period leaving its distinctive mark on the architecture and character of the property. Walking through the halls of your own castle, you can almost hear the whispers of the past—stories of kings and queens, of battles won and lost, and of grand celebrations that once took place within these stone walls.

France, with its rich history, stunning landscapes, and unparalleled charm, is home to some of the most breathtaking castles in the world. For centuries, these castles have stood as symbols of power, nobility, and culture, and today, they offer a unique opportunity for those looking to own a piece of history. Buying a castle in France is not just about acquiring a home; it’s about embracing a lifestyle that blends history, architecture, and the essence of French culture.

The Allure of Owning a French Castle

The sheer beauty of these castles is undeniable. Many are adorned with intricate stone carvings, magnificent towers, and sprawling gardens meticulously maintained over the centuries. Inside, you might find grand staircases, frescoed ceilings, and rooms filled with antique furniture. Each castle is a testament to the artistry and craftsmanship of the era in which it was built, making it a truly unique and precious asset.

Dordogne Chateau with B&B Activity and 9 Hectares

Understanding the French Castle Market

Before diving into the purchase of a French castle, it’s important to understand the market. France is home to thousands of castles, ranging from relatively modest manor houses to sprawling estates with hundreds of acres of land. Prices can vary widely depending on the property’s size, location, and condition.

The most sought-after castles are often located in regions like the Loire Valley, known as the “Garden of France,” with its rolling vineyards and picturesque villages. The Dordogne region, with its fairytale-like castles perched atop cliffs, and Provence, with its sun-drenched landscapes and lavender fields, are also popular choices. However, castles in more remote or less touristy areas can be significantly more affordable, offering incredible value for those willing to venture off the beaten path.

While the idea of owning a castle may seem like a dream, it’s important to approach the purchase with realistic expectations. Restoring and maintaining a castle can be a costly and time-consuming endeavor, especially if the property has not been modernized. It’s not uncommon for buyers to spend as much on renovations as they did on the purchase itself. That said, the investment can be incredibly rewarding, both financially and personally, as these properties tend to appreciate in value over time.

Buying a castle in France involves navigating a complex legal process, so it’s crucial to work with professionals who understand the intricacies of French real estate law. The first step is to find a reputable real estate agent who specializes in historic properties. They can help you identify castles that meet your criteria and guide you through the buying process.

Once you’ve found a property you’re interested in, the next step is to make an offer. In France, this is done by signing a preliminary contract known as the “compromis de vente.” This contract outlines the terms of the sale, including the purchase price, the deposit (typically 10% of the purchase price), and any conditions that must be met before the sale can be finalized. It’s essential to have a lawyer review the contract to ensure that your interests are protected.

After signing the compromis de vente, you’ll have a cooling-off period during which you can back out of the purchase without penalty. If you decide to proceed, the sale will be finalized at a later date, usually within three months, when the “acte de vente” is signed. At this point, you’ll pay the remaining balance of the purchase price, and the property will officially be yours.

One important aspect to consider is the cost of taxes and fees associated with buying a castle in France. In addition to the purchase price, you’ll need to budget for notary fees (which typically range from 6% to 8% of the purchase price), registration fees, and any applicable taxes. It’s also worth noting that France has a wealth tax (known as the “Impôt sur la Fortune Immobilière”), which applies to property owners whose real estate assets exceed a certain threshold.

Château with 10 ha land near Tours in the Loire Valley

Renovating and Maintaining a Castle

Owning a castle comes with unique challenges, particularly when it comes to renovation and maintenance. Many of these properties have been standing for centuries, and while they were built to last, they often require significant upkeep to preserve their historical integrity.

Renovating a castle is not like renovating a modern home. In addition to the usual considerations of plumbing, heating, and electrical systems, you’ll need to work within the constraints of the property’s historical status. Many French castles are classified as “Monuments Historiques,” meaning they are protected by the government and subject to strict regulations regarding alterations and repairs. This can limit the changes you can make to the property, but it also comes with benefits, such as grants and tax breaks for restoration work.

It’s essential to work with contractors and craftsmen who specialize in historic properties and understand the importance of preserving the castle’s original features. This might include repairing ancient stonework, restoring frescoes, or replacing a roof with traditional materials. The goal is to maintain the property’s authenticity while making it comfortable and livable for modern-day use.

In addition to the physical upkeep of the castle, there are also grounds to consider. Many French castles are surrounded by extensive gardens, forests, or vineyards, all requiring regular maintenance. Depending on the property size, this can be a significant undertaking, and you may need to hire staff to help manage the estate.

“Buying a Castle in France is buying a piece of cultural art.”

Living on the Cote d’Azur -Boutique in luxury real estate

Embracing the French Way of Life

Owning a castle in France is about more than just the property itself; it’s about embracing a way of life that is deeply rooted in French culture. France values tradition, art, and gastronomy, and owning a castle allows you to immerse yourself in these aspects of French life.

Imagine hosting elegant dinner parties in your grand dining hall, serving locally sourced produce, and fine French wine. Or spending lazy summer afternoons strolling through your gardens, or exploring the nearby countryside on horseback. Living in a castle offers a slower, more refined pace of life, where the beauty of the surroundings is matched only by the richness of the cultural experiences.

The local community will also play a significant role in your life as a castle owner. Many French villages have a strong sense of community, and you’ll find that neighbors are often eager to welcome you into their fold. Whether it’s participating in local festivals, shopping at the weekly market, or simply enjoying a café au lait at the village café, you’ll have the opportunity to connect with the people and traditions that make France so special.

Buying a castle in France

Buying a castle in France is not just a real estate transaction; it’s an investment in a lifestyle that is rich in history, culture, and beauty. While there are certainly challenges involved in owning and maintaining a historic property, the rewards are immeasurable. From the moment you set foot in your castle, you’ll be transported to a different time, where the stories of the past are woven into the fabric of the present. It’s a unique opportunity to become a steward of history, preserving a piece of France’s heritage for future generations while enjoying the unparalleled beauty and charm that only a French castle can offer.

Living on the Côte d’Azur has created a portfolio with the best castles for sale in France. Our castle experts are here to help you with visits, negotiations and getting settled.

by Ab Kuijer//in Blog

Cannes is not only for the fans of famous people and the Film Festival. It’s also a great spot to retire on the French Riviera and to enjoy life in a good and stylish way, but also a haven for those embracing a stylish and fulfilling life as they age. The region’s lifestyle offer a unique opportunity for retirees to enjoy their golden years with elegance and vitality.

Morning Tranquility by the Sea

Imagine starting your day with an invigorating morning swim in the crystal-clear waters of the Mediterranean. As you wade into the gentle waves, the sun rises over the horizon, casting a golden glow across the azure sea. The air is fresh and salty, and the rhythmic sound of the waves provides a soothing soundtrack. The sandy beach is dotted with a few early risers, quietly enjoying the tranquil atmosphere. You take a deep breath, feeling the serenity and peace that only the Côte d’Azur can offer.

A Conversation with Madame Lefevre

To gain a deeper insight into the elegant lifestyle of the Côte d’Azur, I spoke with Madame Colette Lefevre, an 87-year-old Parisian who relocated to Cannes a decade ago.

“Madame Lefevre, can you tell me about a typical day in your life here on the Côte d’Azur?”

“Of course! I start my day with a swim at Mourre Rouge Beach. The water is so refreshing, and the views are breathtaking. Afterward, I enjoy a leisurely breakfast on my balcony, watching the world go by. I often spend my mornings visiting local markets or strolling through the charming streets of Cannes. In the afternoons, I like to attend art classes or meet with friends for lunch at a seaside café.”

“It sounds delightful. How do you stay active and engaged?”

“Staying active is important. I practice Longe cote every morning. It keeps my mind and body sharp. I also love taking long walks along La Croisette or Palm Beach. There’s always something happening here – concerts, art exhibitions, and cultural festivals. It’s impossible to be bored!”

“And how do you manage to look so beautiful and stylish every day?”

“Thank you! I believe it’s important to take care of oneself, no matter the age. I visit Dessange for my hair and For my nails, I adore Mademoiselle vernis. These places not only provide excellent service but also make me feel pampered and rejuvenated.”

“Can you share an anecdote from your time here that captures the spirit of life on the Côte d’Azur?”

“Certainly! Once, during the Cannes Film Festival, I attended a small gathering at a local café. It was a mix of locals and film enthusiasts from around the world. As we enjoyed our coffee, a famous director passed by and stopped to chat with us. We ended up discussing cinema and life in Cannes for hours. It was such a wonderful reminder of the blend of glamour and community spirit that defines this place.”

“What differences have you noticed between life here and your life in Paris, and what inspired you to make the change?”

“Life in Paris was always bustling and busy, which I loved, but after a while, I craved a slower pace. Here on the Côte d’Azur, life feels more relaxed and in tune with nature. My health has improved significantly since moving here, thanks to the fresh air, sunshine, and active lifestyle. The Mediterranean lifestyle has taught me to savor each moment, whether it’s enjoying a simple meal with friends or taking in the stunning sunsets. I decided to move because I wanted to embrace this way of living, where every day feels like a celebration.”

Top Beauty and Wellness Spots on the Côte d’Azur

To help you look and feel your best, here are good beauty and wellness destinations on the Côte d’Azur:

Beauty Salons

  1. Institut de Beauté Sophie – Offers personalized skincare treatments and luxurious facials in a serene environment.

Hair Salons

  1. The cutting shop – Expert stylists specialize in cuts, color, and styling for all occasions.
  2. Dessange – A chic salon offering the latest hair trends and personalized styling.

Eyelashes and Nails

  1. Lash & Glow Studio – Specializes in eyelash extensions and lash lifts to enhance your natural beauty.
  2. Mademoiselle vernis – Offers a wide range of nail services, including manicures, pedicures, and nail art.

Gyms and Fitness Centers

  1. Fitness Riviera – State-of-the-art facilities with personal trainers and a variety of fitness classes.
  2. Wellness Club Monte-Carlo – A luxurious gym offering yoga, Pilates, and aqua aerobics in a stunning setting.

Additionally, for those who enjoy exercising in the open air, there are several outdoor gyms available at Palm Beach and Plages du Midi. These facilities offer fitness enthusiasts the chance to enjoy the beautiful surroundings while staying active.

Embracing the French Lifestyle

For those considering a move to the Côte d’Azur, the allure of the French lifestyle is undeniable. The region’s rich history, delicious cuisine, and vibrant cultural scene make it an ideal place for those seeking a fulfilling and stylish life. If you are interested in exploring more about relocating to France, be sure to check out our recent article on why is the french riviera lifestyle so famous.

by Ab Kuijer//in Blog

It had been eagerly awaited in various Facebook groups since Monday: finally, rain is coming to Ibiza! But what should have been a refreshing shower turned into a tornado full of devastating violence. It became a DANA (Depresión Aislada en Niveles altos de la Atmósfera). As far as is known, there were no personal injuries, but there was an incredible amount of material damage.

The intense rain and strong winds in Ibiza and Formentera, as predicted by the State Meteorological Agency (Aemet), have activated the orange alert in the Pitiüses due to the DANA (isolated depression at high levels of the atmosphere) that has crossed the border from the Atlantic Ocean.

The 112 Emergency Service of the Balearic Islands has activated Severity Index 1 (IG1) of the Meteobal plan on all the islands due to rain and storms. The port of La Savina is closed and no ferries are arriving or departing. Authorities advise people not to leave their homes unless absolutely necessary, as strong winds and heavy rain can put people at risk.

Private beaches disappeared, sunbeds and parasols were picked up and snapped like matchsticks. Jet skis broke loose and were thrown onto beaches and off the coast of Formentera the drama was complete.

In San Antonio the sewage overflowed and holidaymakers had to slide through the mud in their flip-flops. In Cala Vadella the waves crashed against Can Jaume and Cana Sofia. Out at sea it was even more of a nightmare. More than 12 boats crashed into the rocks of the island of Formentera including the famous 30.5 metre Wally Love. Wally Love was delivered in 2007 to a design by Luca Bassani. She is designed for cruising on calm waters and has a family-friendly foredeck for entertaining and a swimming platform that drops into the water.

Heavy storm hits Ibiza and Formentera


Many other expensive yachts and catamarans also hit the rocks and disappeared half under water. The panic is not over yet because the Mediterranean Sea will remain unsettled until the weekend. The south of France will also have to deal with a large puddle of water today. Stay indoors for the time being!

Another impressive electrical storm is arriving on Ibiza that will mainly affect the country. The Aemet has activated the orange risk on Thursday and Friday 16 August due to rain of up to 50 litres per hour and storms that can be accompanied by hail with a diameter of more than two centimetres, as well as very strong gusts of wind of up to 100 kilometres per hour. In two to three hours, it is expected that more than 100 litres per square metre will fall. The alarm will remain active until six o’clock on Friday afternoon.

by Ab Kuijer//in Blog

Buying a new-build apartment in the South of France is of course a dream come true. The purchase is also safe and you have the best possible quality in terms of construction and finishing. Since 2012, there have been strict standards for the construction and finishing of new construction. With the environment and energy saving as a starting point, there are strict certificates that are issued if a construction company delivers in accordance with this standard. Energy-efficient but also the soundproofing of the apartments and the finishing must meet the highest standards in the field of the French authorities.

Six reasons to buy a new-build apartment on the Côte d’Azur


France is leading the way with these certificates, such as RT 2012. This Thermal Regulation 2012 (which you often find under the abbreviation RT 2012) was drawn up to limit the energy consumption of new homes. This follows previous regulations (RT 1974, RT 1988, RT 2000 or RT 2005 …). The RE2020 (Environmental Regulation 2020) aims for lower energy consumption and CO2 pollution during construction. The NF Habitat is a quality guarantee on the following points: Quality of life for residents, Respect for delivery deadlines, Control of construction costs, and Respect for the environment.

Other standards must also be observed for new construction, such as the acoustic regulations that require new goods to be insulated against external noise by at least 30 dB. The accessibility standard for people with disabilities must also be taken into account in all buildings and rental properties. The home must be accessible to all types of disabilities, both in the common areas and in the accommodation. For you as a buyer, these standards are additional guarantees for a new-build apartment or villa that meets the highest standards.

buying new construction on the french riviera


Here are the six main reasons to buy a new-build apartment on the French Riviera

First choice in new construction
New-build projects on the Cote d’Azur are put on pre-sale roughly two years before delivery. During this period, you have the first choice. The penthouse is always popular, although you should consider a higher price than a similar apartment below. The price difference can sometimes be as much as 40% because of the absolute exclusivity. And, of course, the view and the peace.

Renovate to your taste
Once you have chosen a newly built apartment, you can change the layout before construction starts. You can replace the standard bath with an Italian walk-in shower, or you would rather create a natural master bedroom and quote for part of another room. If construction is not yet underway, you can make your wishes known via a TMA form (Travaux Modificatifs Acquéreurs) or the buyer’s modified work. If you remain within reason, the changes are usually free of charge or for a small fee.

Spread payments
If you decide to buy a new-build apartment in the French Riviera, you do not have to pay immediately. You pay 5% when making the reservation and 25% when signing the purchase contract. You will only be invited to the notary when all documents are complete; this is on average 4-8 months later (depending on how quickly you have booked).

From that moment on, the payment schedule will come into effect with 10 or 15% tranches. Just so you know – the project developer and the notary will send you a timely reminder to arrange the payment. The total construction will take a maximum of two years, although you must consider delays that may occur due to force majeure, such as heavy storms and rainfall. You can read more about the purchasing process for new construction in the South of France here.

Tiles and sanitary ware of your choice
A newly built apartment on the Cote d’Azur has been delivered completely, with beautiful tiles and high-quality sanitary ware for the bathroom. One year before delivery, you are invited to come and view the basic collection in a special showroom. You can always choose other tiles if this does not match your taste.

The project developer will then buy them; you only pay the price difference between the proposed and desired tiles. The same applies to sanitary ware; Hans Grohe is usually used, but that is also possible if you want another brand.

Extensive guarantee
New construction in the Côte d’Azur means buying without risk. The architect is an important player; every step in the construction progress is carefully checked by him/her and signed off upon approval. After the architect’s approval, the project developer will only ask you for a subsequent payment. Every construction project we offer falls under the VEFA scheme; these projects come with a delivery guarantee. Should the construction company or project developer go bankrupt, the project and your apartment will still be completed and delivered following the agreements.

Once you have the key in your hands, you have a full year on everything that is loose and fixed. A leaking tap, a squeaking door, noise pollution due to an acoustic leak? It is all covered by the guarantee. In the second year, you still have a full year’s guarantee, but then on all moving parts such as windows, doors and locks. The following eight years you have a guarantee on the construction, so cracks in walls, balconies, etc. This is all repaired free of charge. An Owners’ Association is also set up for every new-build home; this also takes out a building insurance for the entire building. Should damage occur to the swimming pool (if present) or the garage, you are insured for this via the monthly contribution service costs.

Price increase in value
Those who buy a new-build apartment in the South of France early will be rewarded for it later. Because before the building is built, you can only rely on the brochure and your location knowledge. But once the building is there in all its glory, the value of your apartment will immediately increase by at least 10%. That is always nice to know.

It is not without reason that many speculators buy multiple apartments in a favourably located new construction project to sell them furnished after completion. In the latter case, the profit margin is even higher. But of course, you do not want to sell your new construction apartment on the Cote d’Azur. You will enjoy your second home in the sun without any worries!

by Ab Kuijer//in Blog

Investors are always searching for a suitable location that guarantees a decent ROI without paying too much tax on profit. Dubai stands out as the World’s number one city, and it has many advantages to offer.

Boutique in luxury real estate Living on the Cote d’Azur and Aston Pearl real estate in Dubai are happy to invite you to our Dubai Properties event in Cannes. Without buying a property in Dubai, you can collect all the information from the experts! Put the date in your agenda and reserve your seat via WhatsApp at +971502685409.

What you can expect at this presentation about Dubai in Cannes on Sept 19, 2024

  • Why Dubai?
  • Rules and Regulations on buying a property in UAE explained
  • What are the tax and fiscal benefits for EU residents?
  • What are the benefits of a residency/Golden Visa for 10 years?

The advantages of investing in Dubai are clear

Ownership:

  • 100% Freehold (transferable, giftable, inheritable, can be resold at any time) 
  • Ten years Resident Visa (for owner + family) obtained with a minimum 500,000 EURO value property purchase.
  • Resident Visa allows you to open a Bank Account (in International or Local Banks in UAE) 

Tax applicable for Residential properties in UAE

  • Tax on Property Value – 0% ZERO
  • Tax on Capital Gain – 0% ZERO
  • Tax on Rental Income – 0% ZERO
  • Tax on Resale profit – 0% ZERO

ROI’s

  • 5-6% NET income from Rental (after paying all service charge and management fees) 
  • 25-30% increase on property value from “under contraction” to “keys on hand” in 3 years max. 

Standard mandatory amenities that are provided in All projects in UAE:

  • 24/7 Concierge,
  • Security cameras in common areas 
  • Allocated mandatory Parking: minimum of 1 up to 4 depending on the number of rooms on the property.
  • Private Gym, Pool, Sauna/Steam
  • Private beach (if coastal project) 
  • Children playground
  • Family party room
  • BBQ area

You are most welcome if you are interested in investing in luxury projects with a high and tax-free ROI. After the presentation, we can show you our portfolio of new and existing properties.

Questions? Please send them in!

If you have questions such as ‘Can I take my profit out of the UAE without problems?’ or “Can I get a mortgage for my investment, and what are the rates?’ or ’Can I use my profit to buy a property outside the UAE?’, send them in, book your seat and we’ll be happy to answer them. 

Let’s talk about Dubai in Cannes on Sept 19, 2024

Location: JW Marriot, Cannes

Date and time: September 19th, 14.00

Free parking provided at the entrance

by Ab Kuijer//in Blog

The Côte d’Azur, known for its stunning Mediterranean coastline and glamorous allure, is bustling with activities this week. Visitors and locals alike can look forward to a variety of events catering to diverse interests.

Anecdote :

Cannes, known today for its glitzy film festival, played a surprising role during World War II. The city, which had been a popular resort destination before the war, found itself transformed as the conflict unfolded.

During the war, Cannes became a crucial hub for the Resistance. One notable anecdote involves a group of local Resistance fighters who managed to outsmart occupying forces. In a daring operation, they intercepted a shipment of weapons intended for the enemy and successfully redirected them to support Allied forces.

This brave act was just one example of the city’s resilience and determination during a tumultuous time. The war left its mark on Cannes, but the city’s spirit endured, paving the way for its post-war revival as a symbol of glamour and culture.

CORNICHES DE LA RIVIERA – NATURA 2000

03 April to 15 September 2024

 Eze

The Corniches de la Riviera Exhibition is taking place in Eze. If you’re a fan of flora and fauna, join them at the Maison de la Nature of the Parc Naturel départemental de la Grande Corniche in Eze until the 15th of September.

ONLY DANCE BEACH PARTIES

06 August to 29 August 2024

 Antibes

This Summer, Belles Rives are organising Only Dance Beach Parties every Thursday, in Antibes until the 29th of August.

For more info: 04 93 61 02 79 – [email protected]

PELAGOS SANCTUARY

06 August to 31 August 2024

 Saint-Jean-Cap-Ferrat

SOS Grand Bleu are organising some events out in the sea to observes and learn more about marine mammals in the Pelagos Sanctuary until November! Book a place with them to see whales and dolphins and learn more about how to protect them.

https://www.sosgrandbleu.asso.fr/reservations

[email protected]

CANNES EVENTS: HISTORICAL RETROSPECTIVE

16 August to 25 August 2024

 Cannes

A guided exhibition featuring WWII artifacts, including Antoine de Saint-Exupéry’s bracelet, will take place at Espace Miramar from the 16th to the 25th of august.

FAMM

12 August to 31 December 2024

 Mougins

Go and check FAMM out! FAMM is a new museum exclusively dedicated to female artists. It’s opened everyday from 10am to 8pm in Mougins!

FAMM (fareharbor.com)

by Ab Kuijer//in Blog

In the heart of the French Riviera, Le Vieux Cannet is a hidden village above Cannes that captivates with its old-world charm, rich history, and culture. For those looking to invest in a property, Le Vieux Cannet stands out as an ideal choice.

Why Invest in Le Vieux Cannet?

Investing in Le Vieux Cannet offers numerous benefits. The town’s strategic location, just a short drive from Cannes and Nice, makes it an attractive spot for those seeking a tranquil retreat with easy access to urban amenities. The property market has a strong demand for holiday rentals, ensuring good returns on investment.

A Rich History and Culture

Le Vieux Cannet, with its narrow cobblestone streets and centuries-old architecture, transports visitors back in time. The area is a testament to the region’s deep historical roots, featuring landmarks like the 16th-century Chapel of Saint-Sauveur and the picturesque Place Bellevue, where locals and tourists alike gather to enjoy stunning views of the Mediterranean.

Activities

Le Vieux Cannet offers a wide range of activities. Art enthusiasts will appreciate the numerous galleries and the renowned Bonnard Museum, dedicated to the works of the post-impressionist painter Pierre Bonnard. For nature lovers, the surrounding hills and the Cannet woods provide excellent hiking and picnicking opportunities.

During my internship at the local tourist office, I got to know the community better by leading visitors through the town’s historical sites and events. I remember one tour with a family from Canada who loved the town so much they decided to stay an extra week. Additionally, I shared with them the unique experience of creating their own perfume at Mayme, which they thoroughly enjoyed.

Restaurants

Le Vieux Cannet is also a great place to have GOOD food. My personal favorites include A Cassetta, a cozy restaurant that serves authentic Corsican cuisine and they serve great wine, charcuterie and cheeses. For meat lovers you have L’Atelier Joseph, a charming bistro where the chef’s passion for fresh, locally-sourced ingredients shines through in every dish. My favorite dish is the chicken file with mashed potatoes and truffle, it’s to die for.

Conclusion

Le Vieux Cannet is more than just a picturesque town; it is a thriving community rich in history, culture, and natural beauty. With its fun activities, gastronomic foods, and strong investment potential, it’s no wonder that Le Vieux Cannet is fast becoming a coveted destination for both tourists and investors alike. Whether you’re seeking a new home, a holiday retreat, or a an investment, Le Vieux Cannet is the place to be!

by Ab Kuijer//in Blog

It was a fixed ritual in Ibiza for eighteen years, always a quick visit to Sluiz. Or Sloewiezsj, as the Spanish call it. A restaurant as a theatre, as a shop, but above all as a stage for unprecedented creativity. Every theme was a party; the cheerfulness radiated from it. In bad weather, we still wear the legendary Fucking Rain! jackets. And all our tableware comes from Sluiz.

But what is going on now? Many stories are going around; that is what Ibiza is an island for. A few conspiracies.

The owner of the Can Malacosta land is said to have made a deal with Ikea via an investment fund. Big industry is taking over this popular island, and that is why small businesses are being demolished.

The prudish municipality could no longer allow the sexually and sometimes religiously tinged exhibitions. Two years ago, a mini exhibition about Sex and the Church had to be covered because it was considered offensive. The last Woke entrance in which all possible forms of sexuality were explained would have been the top of depravity.

The Spanish Cow Front filed a complaint with the municipality because the Cow was ridiculed. Cows do not belong in a tree-like Sluiz but in the meadow.

The fire brigade could not find a fire alarm or extinguisher anywhere, so Sluiz was closed due to the lack of fire safety.

Transgenders had complained about the lack of a rainbow parking sign. Sluiz was closed due to non-inclusive discrimination of the LBQTRFCKFF community.

The circus tent under which Sluiz was housed was a symbol of animal abuse as entertainment and, therefore, offensive to many circus haters.

On social media, owners Hans and Yvonne Nuyten say they were completely taken aback by the municipality’s decision. After a short-lived sale without a discount, the curtain fell for Sluiz—but certainly not for long.

by Ab Kuijer//in Blog