Realistic Motivations to Buy Property in the French Riviera

Let the truth be told...the effects of global warming are clearly evident now.

As the world recently watched in horror and disbelief the fierceless destruction of Hurricane Sandy as it tore through the eastern seabord of the United States, the effects of global warming can no longer be ignored. It is the unfortunate reality we face globally and one that will affect future decisions we make.

When it comes to real estate, weather is a realistic motivation.  Whether (no pun intended) you are considering buying a vacation property or primary residence abroad such as  the Carribean, Tahiti, or any other destination, considerations with the changing global climate should be included in the decision making process of your real estate investment.

Factors like frequency of storms or hurricanes and harsh seasonal weather are things that will eventually affect your real estate investment.  Obviously, a property located in a place that undergoes frequent harsh seasonal weather would probably require more repairs and conditioning (new paint, wood treatments, mold, etc).  It is not to say that you shouldn't buy real estate in tropical places, rather it is more about taking a step back to further consider where you purchase and what your purchase.  A dream house on the beach in one place might be more vulnerable than somewhere else, or perhaps a condo might be less maintenance than a house in a tropical climate.

There are many wonderful places to live or vacation in the world, however we just need to be a little more savvy these days.

Sunshine 300 days a year

The French Riviera has always been known for its year long pleasant and weather.  It is one of the reasons throughout its history of why so many people were drawn here. A true Mediterranean climate with dry, hot summers and mild winters, sunshine averaging 300 days a year and 4 distinct seasons, spring, summer, autumn and winter to enjoy.

Temperatures in the hot season from June-September average above 24˚C(75.2˚F) and in the cold season average below 15˚C (59˚F), which makes for perfect skiing weather. www.weatherspark.com

The French Riviera does experience the strong cold winds of the Mistral which tends to be the strongest in winter and sometimes in spring and can get up to 100km (62miles) in velocity lasting a few days.

In respect to rainfall, moderate precipitation is most common type of rainfall during days with precipitation with thunderstorms more common in the warm season precipitation.

Although the French Riviera is not immune to the effects of global warming, it is definitely a place that has a more stable weather pattern all year long, and that is an added value to any property investment made here.

Nice Properties will see you on the slopes!

As the sunny Auron ski resort celebrates its 75th anniversary as one of the Alpes-Maritimes most popular ski destination, Nice Properties is happy to announce the launching of their first tourism residence in this highly touristic mountain resort.

Located only 1 1/2 hours from Nice on the French Riviera, the new Las Donnas 2474 project, a 4 star serviced tourism residence, will consist of 3 wood and stone chalet-style buildings located just 50 meters from the ski lift and to the heart of village where you will find plenty of fabulous restaurants, boutiques, skating rink, and equipment rentals.

This 100 unit project, poised on a 9,200 sqm property in a quiet residential area, will feature 3 buildings, 4 levels each that will house 1 1/2 bedrooms (42 sqm), 2 bedrooms (61 sqm), and 3 bedroom  (74 sqm) units with south-west facing balconies overlooking the resort and mountain and each unit will enjoy the following amenities: reception, restaurant, health spa, swimming pool, direct ski path to the lift, underground parking, ski closet, room service, and on-site property management and rental services.

Units start at 205,000 euros + VAT, and buyers in the pre-sale phase will have the option of joining multiple units if they choose. All units are sold furnished and completely equipped and delivered just in time for the Winter 2013 ski season.  

The Las Donnas 2474 project will be developed by Natura Center Resort, a development company based out of Marseille that specializes in mountain resort real estate projects.

For more information, you can call : +33 (0)4 89 05 42 00 or email: immoneuf@nice-properties.fr, or come by and visit the on-site sales office in Auron.

10 reasons to invest in France...in brand new projects

There is no coincidence that we specialize in selling exclusive condominiums in brand new real estate projects.

As a matter of fact, investing in a brand new construction or project in France offers several benefits that you should consider:

1. By investing in a brand new real estate project, you will pay reduced transfer fees upon closing at the notary's office. Closing fees, stamps and taxes will sum up to 2,5% of the total purchase price instead of 8% when purchasing a resale. A direct benefit of 5,5% on your global investment... 
2. By investing in a brand new project on paper and/or under construction, you automatically get an estate bank collateral insuring the completion of the construction project, even if the developer cannot accomplish the construction. 
3. You also get a builder's warranty: 10 years on the structure, and 2 years on the equipment. No matter what happens and affects your property, the insurance will get it fixed immediately and then search for the liabilities. 
4. Upon delivery of the keys, the developer stays liable for any hidden defects that may appear within the next 12 months, and has 2 months to fix it. 
5. By purchasing in a brand new project, you always get a better level of comfort and security, as well as the latest equipment and technology available on the market. 
6. You will pay lower home owners association fees, and and lower maintenance fees in a brand new condo, compared to an older construction. 
7. In order to get the construction permit granted, the developers and architects have, since 2010, to get all apartments accessible for the handicapped as well as environmentally-friendly, by using specific aislation materials and technology. 
8. Brand new condos provide generally a better infrastructure to the residents and owners, such as more parking spaces, more appropriate and user-friendly common areas, and better security and communication systems. 
9. By buying in a brand new project, you will get to pay lower property taxes (reduction varies in each city) than in a resale. 
10. Finally, brand new condo projects are simply more adapted to a contemporary and modern way of life. 

More information about our exclusive listings on www.francenewcondos.com or
contact us +334 89 05 42 00