How is the market performing?

Over the last 24 months we have seen a remarkable reversal in France’s prime residential markets stemming largely from a strong Paris market where prices increased by some 12% in 2017. Against a positive economic and political backdrop, France is now experiencing a buoyant and incredibly exciting residential rebound.

“L’effet Macron”, as witnessed since the summer of last year, has caused a ripple of optimism from Paris to the internationally sought after regions including the Côte d’Azur, Provence, the Alps and South West France, all of which have witnessed a strong turnaround in sentiment, buyer interest and transactional activity.

Who’s buying in France?

International buyers continue to be the driving force of prime residential sales. The lull following the EU referendum proved only momentary; with the British demographic once again accounting for up to one in four prime residential purchases.

The remaining 75% of buyers typically stem from northern Europe (Benelux, Switzerland, Scandinavia) along with French domestic buyers who account for around one in five of our prime buyers. Buyers from the Middle East, the US and even Asia are also displaying a greater appetite for French real estate.

 

Where are the hotspots?

France is fortunate to have many hotspots – from beautiful cities and charming hilltop villages, to glamorous beaches and award winning ski resorts. Our carefully considered associate network of offices across France, covering Paris, the Côte d’Azur, Saint Tropez, the Luberon and Alpilles, Gers, Espace Killy, Les 3 Vallées, Megève and Chamonix, are the local experts in these very hotspots.

The international appeal of these destinations ensures a constant flow of eager tourists which helps to underpin the underlying market values – perhaps the key reason as to why real estate demand continues to grow in these destinations (with enquiry numbers up 100% compared to 2016).

What type of property is in greatest demand?

The popularity of different kinds of property depends a great deal on location. In Paris, traditional properties with grand proportions and period features are most in demand, while the preference in the south of France is typically for a local architectural vernacular with a more contemporary interior twist.

Budgets vary accordingly, albeit the majority of our buyers look between €2 and €5 million and seek elegant, turnkey ready accommodation with manageable gardens and ideally a breath-taking view.

In contrast, in the Alps demand is frequently focused on new-build properties, with off-plan developments representing 80% of the Alpine homes sold across our network last year.

The advantages of buying off-plan in France are multiple and might include staggered payments, the most advanced construction techniques and materials, a 10-year guarantee, and a possible VAT rebate of up to 20% for those open to a rental solution.

What’s your outlook for 2018?

The confidence that was cultivated in the market during 2016 continues to gain momentum and as France celebrates a record 2017 when over one million properties changed hands, we expect transaction volumes to rise further.

Against a backdrop of historically low interest rates, rising house price inflation, growing economic and political stability, France looks to attract global wealth that will allow its real estate markets to thrive through 2018 and beyond.

Indeed, as global uncertainty prevails, France and its rich cultural tapestry remains an attractive and compelling investment and lifestyle choice.

Source: Knight Frank

What should you do?

Whether buying a holiday home or rental property now is the time to buy in France. Get in touch with HB Property for unbiased mortgage advice and holiday rental expertise.

Nice marathon… the perfect excuse to see the city and stay fit

Whether you’re the sporty type or you prefer to watch the runners commit to a 42 kilometre run along to coast, the Nice marathon, otherwise known as ‘marathon de Alpes Maritimes’, is an event you don’t want to miss.

The event, taking place on November 5th 2017, will mark the 10 year anniversary of the Nice marathon. The marathon is open to everyone and offers a shuttle service for those a bit out the way. 

The run will see you beginning in Nice and crossing the finish line in Cannes. Your victory is rewarded upon arrival in Cannes as you’re given a “FINISHER” t-shirt courtesy of Skechers.

Taking place in November means a fresh air and maybe a slight breeze. But, sun lovers, don’t forget you are in the South of France. The sun is almost sure to be shining at some point during your trip.

The beautiful course is set along the coast. Running between palm trees with a beautiful sea view is juxtaposed by snowy mountains in the background.

If running 42 kilometres sounds a little bit steep to you, that shouldn’t put you off participating. You have the option to run the marathon and at the 21-kilometre mark switch with a partner who will finish the race you started! It’s a great way to get involved and run for the cause of your choice.

Practicality

The French Riviera is a popular holiday destination year round. Offering warm weather and beaches in the summer and Christmas markets, shopping and even skiing, just an hour away, in the winter. So if you’re coming from afar it’s important to book ahead.

With the large event drawing in athletes of all levels from across the world it’s almost certain that hotels will boost their prices. A private apartment may be the perfect solution.

Here at HB Property, we have on offer a range of apartments in and around Nice. With airport transfers, fresh linens, professional cleaning and even grocery shopping our rentals are perfect for a stress-free holiday.

If you’re interested in joining the Nice marathon or any events on the Cote-d’Azur, get in touch today for first class accommodation.

Things to do in Nice

In this blog, we’ve already covered many of ideas of ‘Things to do in Nice’. We have revealed Nice’s myriad attractions, including the best beaches, day trips and, most recently, the finest art and culture to be found in this picturesque Côte d’Azur city.

What we’ve yet to mention, however, is OGC Nice, the city’s football team, who are currently flying high in third position in Ligue 1. Here are three reasons you should go and watch Les Aiglons (‘The Eaglets’) while you’re here in France.

  1. They play in an ultra-modern stadium

Nice have played their football at the Allianz Rivieira, a state-of-the-art, 35,000 capacity stadium, since 2013. Located on Rue Jules Bianchi and constructed at a cost of €250 million, this eye-catching structure played host to four games at last summer’s European Championships, including Iceland’s shock win over England. French rugby club Toulon – winners of three Heineken Cups in 2013, 2014 and 2015 – also trot out there.

  1. They’ve got Mario Balotelli

The maverick former Manchester City striker joined Nice in the summer after an ill-fated spell at Liverpool, where he managed just one league goal in 16 appearances. Since moving to France, the Italian has found a new lease of life, netting 10 times. Crowds never know what to expect from the unpredictable ‘Super Mario’; he’s already been sent off twice as a Nice player, but has inspired his team-mates to an unlikely title charge…

  1. This is their best team since the 1950s

A traditionally unfashionable club who have had to live in the shadow of south coast neighbours Marseille for much of their history, Nice haven’t won a trophy since 1997. Before this season, they hadn’t challenged for the league title since their golden era of the 1950s, when they won ‘le championnat’ on four occasions.

But, masterminded by coach Lucien Favre and star players Balotelli, Alassane Plea and Jean Michaël Seri, Nice started 2016/17 like a house on fire, remaining unbeaten until the start of November. A series of draws after Christmas have handed the advantage to the much-richer Monaco and PSG, but Nice are still looking likely to qualify for the prestigious Champions League for the very first time.

Interested in a holiday rental apartment in Nice or to know about things to do in Nice? Get in touch with HB Property.

Nice perfect holiday destination 

There’s no need to struggle with deciding on your next perfect holiday destination. If you haven’t been yet, Nice has a great deal it can offer any holidaymaker, no matter what your expectations may be. From sports to tasty food, Nice is the perfect holiday destination for 2017. Here are a few of our picks why you should be booking a trip to the French Riviera this year.

  • Brush up on your French

It may be years since you had your last French lesson, but if you want to rekindle your passion for the language of love, then a visit to Nice this year is a must. Immerse yourself in the language and soon enough you’ll be ‘parler français’ once more.

  • Experience the Cote-d’Azur garden festival

Nowhere else in the world offers gardens as stunning as in the French Riviera, if you visit Nice between April 1st and May 1st, you will be within driving distance of the garden festival, a competition celebrating the region’s most gorgeous landscaping. Nice is one of the areas taking part, with gardens in Cannes, Grass, Antibes and Menton contesting.

  • Try the local cuisine

If you’re a foodie with a penchant for olives and herbs, Nice is the place to be. The Mediterranean influences are evident in the local cuisine, with the popular dish ratatouille originating in the city. The many enjoyable restaurants and cafes make Nice the perfect 2017 destination. If seafood is your thing, we recommend Le Cafe de Turin for their fresh catch of the day.

  • Witness the Monaco Grand Prix

Just a drive down the road from Nice and you can find yourself enjoying one of the world’s oldest motorcar races this May. This prestigious event draws in fans from across the globe . It is always an exciting fixture in the French Riviera’s busy sporting schedule.

These are just a few reasons why Nice would make the perfect holiday destination in 2017. If you’re looking for quality accommodation, you’ve come to the right place. Our holiday rentals in Nice, France are an ideal and affordable solution. HB Property specialises in vacation apartments in Nice, with a range of nice apartments and vacation rentals for you to choose from. Contact our team today for more information.

Situated on the Mediterranean coastline, the city of Nice is the fifth largest city in France with a population of 350,000. Located in Cote d’Azur region in the south of the country, Nice boasts stunning views across the Bay of Angels making it a hotspot for natives and tourists alike! Therefore, where better to base HB Property Management and Holiday Rentals. The company was formed to support the varying needs of property owners and holiday rental customers.

To help clients manage or rent apartments in Nice, we have carefully selected our team based on their wealth of experience in the industry and their proven track record of delivering exceptional customer service to ensure we are caring for you and your customers’.

To summarise, we are here to support you and your group from booking your chosen apartment in the stunning city of Nice through to leaving the property. Putting people first is truly important to us and is underpinned by our core values that are communicated through the Harrison Brook way.

The Harrison Brook way

When devising the Harrison Brook way, we did so with careful consideration of you, the customer, to ensure that our values were truly in line with your needs.

Quality

From our customer relationships to product lines, we understand how important it is to maintain quality standards and exceeding your expectations is paramount to us.

Transparency

We know you want honesty, so it is our aim to be completely transparent in all areas of our business and communication with you. Regardless of whether it is spoken or written, we want to ensure that you understand all of our fees clearly.

Customer service

Regardless of how we come into contact, you deserve the same excellent and consistent customer service as everyone. Our team is experienced, friendly and understands the importance of listening to customers. We want people to remember the exceptional service we deliver with the hope that they return to us again. If you have any requests or issues, we are happy to help.

Beyond this, we approve all apartments in Nice, and other properties, advertised on our website to ensure they are up to the requisite standard for your needs for both long and short term rentals.

Additionally, in line with our transparency value, we’re happy to be clear about our charges, so please feel free to explore our services including transport, the property, welcome packs and cleaning. Alongside this, we can offer a range of additional services including cleaning during your stay, as well as offering you reassurance through the opportunity to provide guest feedback, our regular quality services checks, damage limitation and emergency call outs.

Caring for you is what we do. The Bay of Angels awaits… so get in touch with Harrison Brook today.