Nice Properties Real Estate Agency Reports Top 5 Factors Affecting Purchase Decisions on the Local Real Estate Market on the French Riviera

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An internal company survey by Nice Properties Real Estate Agency reveals that Lifestyle comes out on top when clients are deciding to buy property on the French Riviera. Sea views, large terraces and beach proximity play role in decision making process.

Luxury villa on the Cap d'Nice

Luxury villa for sale in the highly sought-after area of Cap d'Nice

they just love the idea of having hiking trails just a few steps away as well as being close to the sea at the same time. It really is all about their lifestyle."

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In a recent internal company survey by Nice Properties Real Estate amenities like panoramic sea views, large terraces, high floor, and spacious outdoor living spaces for entertaining and relaxing proved to be a prime influential factor for clients seeking to purchase real estate on the French Riviera.

Julien Bernasconi, an agent for Nice Properties Real Estate Opera Agency in Nice, specializing in the sales of luxury villas and apartments in the prestigous area of Cap d'Nice and Mont Boron that is located on the border of Nice and Villefranche explains, "Not only is the Cap d'Nice a beautiful seafront residential area with some of the finest luxury homes on the Riviera, but it also shares a 57 hectare forrested park with 11km of hiking trails. Our clients immediately fall in love with this area because it has both the lush nature and the sea view....they just love the idea of having hiking trails just a few steps away as well as being close to the sea at the same time. It really is all about their lifestyle."

Coming in second was Location. Clients who are looking to buy property are extremely concerned with the location and usually seek out highly sought-after neighborhoods that are known for their prestige and proximity to the beaches. The location factor also included client's interest in being in relative close proximity to the Cote d'Azur International Airport for easy travel access. The Cote d'Azur International Airport is France's 2nd largest international airport.

The third and expected factor is Price. Clients will often try to negotiate the best price, however, an exaggerated overpriced property in comparison to the quality of the property itself, usually turns the client away.

Resale Value is the fourth factor that clients include in their decision making process. Clients usually are interested in knowing how long a property has been on the market for in order to gage their resale value. The average resale value of properties on the French Riviera is generally 5-6% including VAT and have remained strong and stable mainly because of the golden French Riviera address.

The Buying Process is the last factor that affects the clients decision to purchase and is perhaps the most cumbersome for the client to understand especially for foreign clients. The notary fees, legalities, taxes and maintenance fees are all a part of the purchase, however, the process itself is dependant on the estate agent's professional ability to smoothly handle the sale so that the client is clear and at ease.

Nice Properties is the French Riviera’s leading real estate group specializing in the sale of luxury villas, vacation homes, apartments, commercial real estate and new build programs, and has the most effective professional multi-lingual network of real estate professionals with 5 offices along the Cote d’Azur from Cannes to Beaulieau, providing an efficient and seamless platform for the best real estate opportunities and investments on the French Riviera.

For more information please visit the Nice Properties comprehensive website with user-friendly searches to view current listings and investment opportunities.

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Juanita Viale
NICE PROPERTIES
+33 (0)4 93 91 90 89
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