Buying an apartment on the Côte d’Azur is more than a wise investment. It is also good for your health. That sounds too good to be a true investment so let us explain.
The French Riviera region has always attracted wealthy buyers who want to own luxury real estate in glamourous villages and cities like Saint Tropez, Cannes or Mougins. Small towns with an artistic history like Saint Paul de Vence or Biot are popular the whole year through.
Why it is worth buying an apartment on the Cote d’Azur
The South of France will always stay a ‘wealth hub’ for people that want to spend their money wisely. Keeping it on the bank or investing it in bricks is a no-brainer, especially when the bricks are on the Côte d’Azur.
The rental income for an exclusive large luxury estate on a prime location can easily reach 200.000-300.000 euros euro per week. This amount is, of course, the top of the market. But even a Provencal villa in Mougins can generate between 3 to 15.000 euros per week, depending on size and services. Have a look at our selection of luxury villas for sale on the French Riviera.
Rental income apartment on the Cote d’Azur
Apartments are like private hotel suites and always in high demand on the French Riviera. Buying an apartment gives you the guarantee that you can always rent it out during the rental season that starts in March and last till October. Especially during festival events, the prices can double up for properties in Cannes. So buying an apartment in Cannes is the best thing to do if you want to receive a good return on your investment. Have a look at our apartments for sale on the Côte d’Azur; all great for renting out.
Rent out your apartment on the French Riviera
Pricing on the French Riviera has never gone down, at least not for a long time. After 2016 luxury real estate pricing has only gone up: every year with an average of 1,5-2%. Even during the COVID crisis, the French economy might be hurt, but that doesn’t stop people from buying a sunny front row home under the sun. Or if they can’t afford it, rent yours! Just because of the crisis and the lockdown, people realise that you can better have a lockdown in the sun with a sea view on the Mediterranean than in a big city. And bad weather.
The health bonus
Being an apartment owner in the South of France gives you the chance to enjoy the French Riviera lifestyle yourself. Indulge yourself with a fresh croissant and a coffee on the Croisette boulevard when the sun warms you. The combination of being at sea and in the sun is a health booster. That’s why many people feel so strong after a holiday on the French Riviera. It’s just a matter of Vitamin D and magnesium minerals from the seawater.
Good food healthy people
The quality of food on the French Riviera is super important; from a simple salade Niçoise to a fresh Bouillabaisse, it all tastes delicious. In the fifteen years living here, we never had a bad meal experience. The quality is always top because of strict hygiene regulations and the excellent quality of the restaurants. Also, for lovely dishes on the Côte d’Azur, only the best is good enough.
With a healthy and pleasant environment, you are making a good investment when buying an apartment on the Côte d’Azur. Contact us for a tailormade selection within your budget. We can also connect you to our network of reliable rental managers that look after your apartment.
Picture by Christophe.Finot