The property market is doing well on the Côte d'Azur.Prices are falling just about everywhere in France, except here .... In Menton, Roquebrune Cap Martin, Beausoleil, Cap 'Ail, Beaulieu-sur-Mer, Villefranche-sur-Mer, St-Jean Cap Ferrat and Nice, prices are continuing to rise. According to the specialist website Meilleurs Agents, prices rose by a further 2% in the first quarter of 2023.The Côte d'Azur remains the most expensive destination not only in France, but worldwide. The area where property transactions can reach record levels is limited to the coastal strip between Monaco and Nice.There are few flats for sale, and the volume of sales is falling. But prices are not falling.... This is one of the main reasons why property on the Côte d'Azur will always remain attractive.
In the past, the Côte d'Azur property market has demonstrated recurring stability in the face of every crisis. Even in these times of uncertainty and inflation, it remains a safe haven and offers far greater security than financial products, which are considered too volatile.Buying your principal residence or investing in a rental property remains the best solution in times of crisis, enabling you to embark on a long-term project with peace of mind and build up your assets for the future.Investing in property on the Côte d'Azur is a very good choice, as the most beautiful seaside towns are much sought-after by holidaymakers, so you'll be able to earn extra income and later own a second or main home.
The Energy Performance Diagnostics (EPD) is an essential document for selling a property. It provides an energy consumption rating for the property. A property with a positive Energy Performance Diagnostics (EPD), graded A or B, is considered to be energy-efficient. In other words, it doesn't consume a lot of energy. Conversely, a property with an unfavorable Energy Performance Diagnostics (EPD), rated F or G, is considered to be energy-inefficient and may lose value. Energy-guzzling properties are therefore more likely to be negotiated down by buyers, who will want a lower price. To limit this drop in value, you can carry out work to improve your property's EPD rating, or estimate the cost of future renovation work that will turn your property into a property with many assets. Visitors won't always be able to estimate the cost of renovation, and this will make it much easier for them to plan ahead. An estimate of the cost of renovation work will help to give a good estimate of the selling...