Engel & Völkers Paris > Blog > 2019 forecasts for luxury real estate on French Riviera

2019 forecasts for luxury real estate on French Riviera

The Côte d'Azur continues to appeal to buyers  

The famous French Riviera never ceases to attract investors. Its beaches with clear waters, the mildness of its Mediterranean climate and its many cultural events attract more and more people, French and international. 
If the luxury real estate market experienced one of its most glorious years in 2018, its explosive growth is expected to slow in 2019. Except for the Côte d'Azur, which is expected to attract more and more people from the start of this new year. Whether in terms of primary or secondary residences, the Côte d'Azur offers a large number of properties that will appeal to everyone in search of their dream property.

An international clientele with a very active interest in investing in luxury real estate

The Côte d'Azur has always attracted an international clientele looking for a pied-à-terre in the south of France, known for its breathtaking landscapes and Mediterranean climate. Luxury real estate experts are seeing a new interest from foreign investors for second homes on the French Riviera.  
Coming mainly from Northern Europe, the United States and the Middle East, this discerning clientele is always attracted by a calm environment, close to beaches and clear views of the sea. 

The anticipated growth of the luxury real estate market in 2019

2019 is expected to herald a strong demand in the luxury real estate sector on the Côte d'Azur from foreign investors as well as French. According to Lux-Résidence's Trends and Forecasts survey on the luxury real estate market, the French Riviera leads the polls of the most attractive areas, receiving 32 percent of the votes for the preferred location. 

What's more, the seaside is, for the majority of the future purchasers, the ideal setting. Cannes, Mougins and Saint-Tropez are currently among the most attractive cities on the Côte d'Azur and will continue to draw investors in 2019 with their fame, charm and, of course, their prime location. 
The results of the surveys confirmed the overall attractiveness of the Côte d'Azur and 2019 is forecast to be a very favourable year for the luxury real estate market. 

Contact us now
Engel & Völkers

We know the true value of your property

Do you know how much your property is currently worth? No matter if you just want to inform yourself about the current market-price, or if you wish to sell your property for the best price: our experienced marketing experts are happy to assist you with a free and non-binding valuation.

Follow us on social media