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Update on the housing market in France in general and Nice and the Cote D'Azur in particular
The property market in Nice is a housing market
that has slightly declined but now seems to stagnate (or even small increases
both months).
Whatever the real estate market Nice resists rather well to the crisis compared
to other countries and other regions in France.
Being present on the Internet enables agencies and individuals alike "sellers"
better withstand the decline in transaction.
Study property market in Nice during the past two years:
Late last year the housing market in France has started to decline significant
average price per sqm.
Thus the price per square meter in the former fell on average by 7.7% in
the Alpes-Maritimes, reaching 3 829 euros in 2008.
Specifically in Nice, they fell by 8% (3 374 euros) and Cannes 5.7% (5 283
euro).
Currently, notaries are intended optimistic about the "market rally"
because they stress that interest rates are particularly attractive incentives
to invest in stone.
The scholarship is to lift more, it seems a little risky to position currently.
On this point, for a leading online real estate site famous seloger.com,
it seems that we are witnessing (again not to say more) to restart the real
estate in Nice.
In the capital of the Riviera, the house prices jumped 1.2% to greatly exceed
the bar of the 4 000 m2 (4 046.69 € / m² November 2009 3 997.16 € / m² in
October 2009 for an annual increase
0.3% a year).
It seems the light of these figures that the decline in real estate has
been stopped to Nice Cote d'Azur and the market distribute these volumes
and by higher prices that there was 6 months.
To refine these figures further reassurance that the buoyant market Nice,
it is important to note that we are very far from the volumes Sales in 2007
and a market can be analyzed in its entirety and large volumes.
The coming quarters will allow us, we hope to confirm This stagnation in
prices of the older building.
Agencies strong presence on the Internet in France and abroad more resistant
to falling because the market transactions on the Internet do ceases to
rise and develop.
When everything seems uncertain about the real estate prices, when real
estate transactions down: On the Internet, real estate is doing him better.
Internet media is more than effective with exponential growth, The figures
speak for themselves:
In France, more than 60% of the population over 11 years is now Internet.
In just ten years (1996-2006), we went from 0 to 30 million Internet users.
80% of future buyers consult ads on Internet before making their choice.
In October 2007, 4.5 million people visited at least one real estate site,
nearly 20% of all French Internet users.
It seems clear that given these figures, it is essential to be present on
the internet to sell his property.
Being present on the net is important nationally but for the region Nice
Cote d'Azur international presence seems equally important.
The numbers again speak for themselves:
Nice, On more than one apartment on 3 is sold to a stranger to the region
and foreigners account for more than 25 percent of investment Nice on the
Cote d'Azur.
In some neighborhoods Nice (Mont-Boron, Franck Pilatte, Golden Square, walk
of English, Mont Alban, Nice Vieux Port ...) the proportion of purchases
made by foreign customers is even more important. It reaches more 70 per
cent of purchasers of Mont-Boron and Villefranche-sur-mer.
Vdb Associates Real Estate, aware of these figures, are investing consequent
to find and meet the clients of foreign origin.
Our site vdb.fr in English, Italian, German, Russian and Chinese and our
various real estate sites in referencing manual France (appartement-luxe.info,
immobilier-achat-vente.info, immobilier-cote-azur.info, immobilier-nice.org,
propriete-luxe.info, villa-luxe.info), English (real-estate-French-riviera.info,
real-estate-nice.com, invest-French-riviera.info, luxury-apartment.info,
properties.info-luxury, luxury-villa.info) and a large advertising budget
portals "internet" national (Se loger.com) and abroad (Google
AdWords) are our real estate one of the main Internet references to Nice
Cote d'Azur.
If you want to sell your property on Nice Cote d'Azur, please contact us.
Callback form for one of our real estate consultants specializing in your area contact you.