Real estate is an investment sector that is of increasing interest to the French because of its profitability. To succeed in investing in this area, it is nevertheless important to make this investment in the cities in which the rental is very advantageous. Which cities in France are the most profitable in terms of rent? The Hermitage Riviera agency presents the top French municipalities with high rental profitability.
Moving into a home is often associated with some work and repairs in it. In this case, the question arises between the tenant and the landlord about the organization of such repairs. Theoretically, the major works are assigned to the owner, and minor repairs - to the tenant. However, in practice, things are not always so simple, which causes disputes between the two parties. Real estate agency Hermitage Riviera sheds light on the distribution of repair costs between tenant and landlord.
Crédits photos Yann Vernerie. Exclusive city of Monaco. When we talk about real estate investment, we often think of Monaco. This is a free zone that was long considered a tax haven. However, the tiny Monegasque principality does not provide any tax benefits to French nationals. A bilateral agreement has also been signed between the two states. On a strictly real estate level, the purchase of a property in Monaco is of little interest for French nationals and even for foreign investors who do not have tax exemption objectives.
Сrédits Photos Yann Vernerie. Beaulieu-sur-mer is a small town in the Alpes-Maritimes department which stretches between Villefranche-sur-Mer and Èze. It is a town where life is good, far from the hustle and bustle of Nice (7 kilometers) or Monaco (11 kilometers). It should be noted that in Beaulieu apartments are rented and sold very well. It is even a local specificity. On the other hand, as for villas, the situation is more complicated here. Because prices of the land are rising, and home furnishing services are not always completed. To help you understand the city, here is a summary of the districts where life is good.
This small peninsula that starts from the town of Villefranche-sur-mer to get lost in the Mediterranean Sea is undoubtedly one of the most sought-after places on the French Riviera. It is here that we find unbelievable villas, the prices of which can sometimes be stratospheric. Nevertheless, the architecture of these exceptional residences reminds us that everything here is exceptional and unique in the world. There are even rumours that the most expensive square meters in the world are found in Saint-Jean-Cap-Ferrat. Indeed, the prices for exceptional properties often reach the fateful bar of 200,000 euros. Obviously these stratospheric prices include the price of the park (the land itself), private access to the sea, swimming pools and other greenhouses or winter gardens.
The year 2022 marks a turning point in the real estate market in the southeast of France. First, there was the shadow of Covid-19 and its many variants. A health situation first cast a shadow on the rental market before boosting the sale of houses. Then the beginning of 2022 will certainly be marked by a wait-and-see attitude both on the part of buyers and sellers. Election years tend to be a time when the French are relatively cautious. And then there was the beginning of the war in Ukraine at the end of February 2022. The main geopolitical fact that mechanically accelerated inflationary trends that took place already at the end of 2021.
The Côte d'Azur is a region of France, which is very popular with tourists who go there for exceptional moments of relaxation. This high influx makes it one of the best places to invest in rental property. However, it is necessary to know the housing market on the Côte d'Azur before contributing this investment, which is quite difficult, although profitable. Discover with Hermitage Riviera everything you need to know about the real estate market on the Côte d'Azur.
With such a variety of medieval villages and wonderful villas, Roquebrune-Cap-Martin is a must-see for those looking for a luxury getaway. Tourists also choose this French commune for recreation because of its many historical sites, coastlines and numerous entertaining activities. The city offers plenty of must-see tourist attractions.