Apartments in France: Real Estate Prices in Different Regions of the Country
Many people wishing to invest in real estate ask the same question: what is the cost to buy an apartment in France the developed European country with high living standards. Real estate prices here are largely dependent on the location and condition of the desired property. Paris and the French Riviera resorts have been the most popular places in France for decades.
Inexpensive accommodations are located in the industrial north of the country, in Brittany and Rhône-Alpes. In these areas, you will find very interesting offers. Foreigners purchase local real estate if they are going to work close so they look for a house near their office. Alpine hills and lakes attract those who love quiet country life and mountain scenery.
The expensive regions are Paris, Île-de-France, French Riviera, and the Mediterranean coast. This is where all the resorts are concentrated and are popular among foreigners who are looking to buy real estate here.
There is no need to explain why Paris is so appealing, so let’s dwell on the cities of the French Riviera. Historically, the south of the country has become a favorite vacation spot of royalty, nobility, academic luminaries and intellectuals. They were attracted by desired Mediterranean climate, abundant vegetation, warm sea, and the picturesque landscapes.
Following the privileged society, many entrepreneurs came here and turned fishing villages and medieval towns into luxurious resorts with well-managed beaches and advanced tourist infrastructure.
Today, when speaking of luxury apartments in France, many think of real estate on the French Riviera. Here, you can buy different types of property, from small studios to luxury penthouses. Demand is high, real estate is highly liquid, and offers are limited, which makes the Riviera facilities exclusive in determining the price level.
As for the apartments in France and its price point, the cost per square meter starts at (EUR) 4,000 and increases depending on the status value of the resort, square footage, layout and views from the window. The properties located in historic buildings are more expensive than the similar modern made apartments.
The French Riviera offers entertainment for everyone’s tastes. Some include: water sports, mountain climbing, golf, tennis, horse riding, cycling, fishing in the open sea, etc. Entertainment venues in the region are known throughout the world hosting star-studded parties and galas. In the summer, Nice, Cannes, Antibes and Saint-Tropez are crowded with celebrities and socialites.
Owning an apartment in France is very prestigious and profitable. Every year, the country is visited by millions of tourists interested in high-quality recreation and sightseeing. A continuous flow of tourists provides a high rental potential for the local real estate. Therefore, the apartments located near the cultural centers and seaside resorts are of great interest to investors.
The French Riviera Realty Agency specializes in buying, selling and renting of real estate on the French Riviera. We invite anyone interested in purchasing holiday homes or purchasing with intent of investing in promising areas. Our experts are ready to help you in the search and acquisition of the appropriate property, as well as to take on any issues related to the organization of life and property management.