Insurance News Archive
Solid investment opportunities in Cote d'Azur, expert claims
The Cote d'Azur in France offers stable investment for property buyers in Europe, it has been claimed.
Nick Dowlatshahi, managing director at Leapfrog Properties, said the area has not been affected by the credit crunch and its property market is performing well.
Investors continue to be tempted to the Cote d'Azur for its attractions, beaches and good transport links, according to the property expert.
Mr Dowlatshahi said Nice is particularly popular, among foreign and French buyers alike.
He continued: "Even though it's a bit more expensive then you might pay elsewhere in France it's worth it because it's such a solid market especially if you get properties which are in the prime locations."
According to figures from the end of 2007, released by Notaires de France, Cote d'Azur is the second most expensive area in France to buy property.
It costs on average 3,340 euros (£2,659) per square metre for an apartment in the area, making it slightly less expensive than Paris at 4,401 euros per square metre.
22 May 2008
