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Investing Nice: An investment of good family
and many career opportunities currently.
The property market in Nice Cote D'Azur: The price per sqm, which can that
grow in the years to come.
Why invest in property in Nice is more than wise choices.
Despite a slowdown in the number of property transactions in France in 2009,
the real estate market of Nice Côte d'Azur remains strong, even if it displays,
everywhere as a slight decrease.
This decrease and the correction of excesses create opportunities investment
in the short term we see already.
Despite the temporary downturn in the medium and long term Nice French Riviera
mainly offer all the advantages that seeking sophisticated investor.
Let see the elements that make the French Riviera and Nice excellent choice
for an investment property :
The attractiveness of the Cote D'Azur is mainly due to its climate but also
to its surroundings and its economic dynamism.
Some objective data are important to know when one wants to invest in real
estate in Nice Cote d'Azur.
Making an investment to Nice Cote D'Azur is primarily invest into an international
metropolis with a strong economic dynamism:
2nd region's most international after Paris.
With over one million square meters of office and industrial space, Sophia
Antipolis is the first technology park in Europe in terms of area Park estate.
The major new business district near Nice Arenas International Airport propose
to run a first offer of new tertiary nearly 150 000 m2 of offices and 50
000 m2 of new housing, benefiting from a service
special thanks to the multi-modal interchange station and the extension
Tramway Nice.
Eco Valley on the plain var Nice: This major project opens for all of the
Côte d'Azur, offers great potential for infrastructure transportation, economic
development and housing.
3rd highest concentration of executives in France.
160 nationalities.
More than 120 000 foreign residents.
13 international schools totaling 2600 students.
1500 companies with foreign capital.
But making an investment in Nice Cote D'Azur is also invest in a metropolis
with high dynamic tourism which is good live:
Investing and buy an apartment or a villa in Nice is to realize an investment
property in the 5th city of France and the second tourist city of France.
Nice is a city in the world connected with the Nice airport (15 minutes
downtown): 101 destinations, 81 international destinations 30 countries
and 1278 weekly frequencies.
The establishment in recent years, "low cost" offering flights
priced "broken" in all of Europe promotes also the presence of
foreigners.
The TGV has reduced distances and encourages many buyers from North, East
or in the Lyon region to focus on this region.
The project will Paca Nice TGV to 3 h 50 from Paris (commissioning is scheduled
for 2020).
The seaside city of Nice, with its climate exceptional (never cold in winter
and never too hot in summer), the beauty of its hinterland (Middle mountain
with ski over 150 miles of trails within an hour
20 Nice) and its proximity to Italy and Monaco, is a real pole attraction
for wealthy foreign buyers looking for retirement golden.
Able to ski in the morning and afternoon swim in clear water is a ritual
for the inhabitants of this region blessed gods.
Besides the climate and the beauty of the country, the proper value of real
estate French compared to European countries from which the investors is
an asset.
The British, Irish, Scandinavians and Russians fleeing their cold homelands
to warm their old Mediterranean-ray and this at prices that are affordable
for them.
In Nice, near a former three-flat was purchased during the last twelve months
by a foreign buyer or outside the department, mainly from the region Ile-de-France
(Study of Notaries 2007).
A declining market which offers great opportunities for those who want to
invest in the medium and long term:
The number of property transactions fell 20% in 2008. After experienced
a surge in property prices over the past six years (almost 90% increase),
the real estate market crashed.
Lower prices began to be felt in September 2007.
The average selling price of an apartment in Nice is around from 3861 €
/ sqm.
Between 2007 and 2008, the average price of an apartment in the PACA region
decreased from 9.2% to 3555 € / sqm.
The average price of a home lost 3.3% and is around 3341 € / sqm.
Despite this decline, the housing market in Nice is more resistant to crisis
:
A study of BNP Paribas, the PACA region represents one quarter of property
investments of nonresidents in France, and rather resistant better elsewhere.
Moreover, the first assessment of the summer 2009 is fairly encouraging.
Some neighborhoods in Nice now again become affordable for purchase a future
primary residence or a rental investment.
Real estate professionals in Nice we see from time to time very good buying
opportunities and investment to achieve.
They do not stay long on the market (subscribe to our
warning-email to be the first informed).
If you want to build a secure retirement, have regular income, fight against
inflation risks (which may occur given the weight debt) and investing in
the potential of an exceptional region, please
step and contact us to speak aloud.
Callback form for one of our real estate consultants specializing in your area contact you.