Page 0082

PROVENCE-ALPES-CÔTE D'AZUR LEGGETT MAGAZINE

82

T

he Leggett Immobilier

office, in the heart of

Nice, has been hectic

this year, with a good

mix of domestic and

international buyers.

Out of the 200,000 properties in the

city, it is estimated that around 15%

are holiday homes, and figures from

BNP Paribas tell us that, once again,

PACA is the region with the highest

number of sales to "non-resident"

buyers. This region sees 20% of all

sales, with buyers from Belgium, Italy,

and Germany leading the way. Buyers

from the UK are also here in force

despite the travel difficulties, and it

is interesting to note that they have

an average spend of around 650,000

euros, higher even than they are

spending in Paris.

If you are looking to buy in Nice,

or anywhere in PACA for that

matter, then I would urge you to

come and visit us, on the southern

side of Place Masséna, as many

properties are sold discreetly and

off-market. Nice has a first-class

university and the students mix well

with the tourists and locals, bringing

energy to the city centre. Their

need for suitable accommodation

also means a consistent demand for

rentals, adding to the attractiveness

of investment property in Nice and

the surrounding areas. Premium

prices in the city can be found in the

Carré d'Or quarter, Place Masséna,

and Vieux Nice. On the outskirts

you will pay a premium price to be

in Mont Boron, Nice Port, Vinaigrier,

and Saint Pierre-de-Feric. These

quarters are some of the finest

locations in France.

It is not just Nice that is popular,

all of PACA is experiencing high

Dan Norris, our Area Coordinator for PACA tells us why

the local market is as hot as the summer sunshine.

PROVENCE-ALPES

CÔTE D'AZUR

LEGGETTFRANCE.COM

Average prices per m²*

Alpes-de-Haute-Provence 1,992 € per m²

Hautes-Alpes 2,394 € per m²

Alpes-Maritimes 4,720 € per m²

Bouches-du-Rhône 3,369€ per m²

Var 3,612 € per m²

Vaucluse 2,365 € per m²

* Figures supplied by SeLoger. Prices vary

enormously within departments, please

treat these as a rough guide only.

PROPERTY PRICES

Nice

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