FRANCE:THE CÔTE d'Azur is better positioned than most places to weather the global financial crisis, according to a recent seminar held there by French real estate surveyors JHP Valuation, says Paul Ryan of World Homes Investments. Although the market there is slowing down, it is still outperforming other regions in France, partly because it is protected by foreign investors.
Cap Ferrat, Beaulieu and Cannes are currently the prime spots on the Riviera, according to World Homes, an Irish agency which sells high-end new and second-hand homes along the Cote d'Azur.
And there is a lot to choose from at the moment says the agency's managing director Bernie Ennis: "You will pick up a pièd-á-terre quite easily, with lots of vendors willing to bargain." World Homes has a range of properties for people looking for second homes or investments ranging from apartments costing from around €400,000 to villas from €2 million to €30 million from St Jean Cap Ferrat at the eastern end of the coast over to Cannes, Antibes and St Tropez.
www.worldhomes.ie
