Overseas property news - The charm of the french riviera

The charm of the french riviera

The French Riviera is a long-standing holiday destination that still manages to lure large numbers of tourists and celebrities to its sandy beaches and clear blue waters...

Events like the Cannes Film Festival are reported worldwide and attract swarms of media, fans, actors and spectators every year - ensuring the prosperity of the region.

Of course Cannes is a well known holiday hotspot, as is St Tropez. But it has been suggested that other towns along the Cote D'Azur may also be worthy of investigation. Cap Ferrat, located to the east of Nice and the west of Monaco, has been suggested as one such area by Linda Cookson, writing for the Independent.

Glamour

According to Ms Cookson, this charming spot offers a number of walking trails as well as plenty of sightseeing opportunities such as the Villa Ile de France. And what's more, Cap Ferrat enjoys the same glamour associated with nearby Monaco or Cannes.

Furthermore, this beauty spot could also offer strong investment opportunities for French property buyers. Ms Cookson noted that the real estate in Cap Ferrat is among the most expensive in the world, with many homes once occupied by celebrities - such as La Fleur Du Cap, once inhabited by Charlie Chaplin and at a later date, David Niven.

And for those keen to buy in the area, a new airport parking service is set to be made available from May 2009. Azur Parking has suggested that owners of property on the French Riviera may wish to use its facilities at Nice airport.

Timeless appeal

The firm stated that homeowners who only visit the region for part of the year may want to leave their vehicle at its car park for a fixed annual fee, as motorists will get free airport transfers under the deal and will save on taxi and car hire costs too.

"Many owners of a holiday home on the Cote d'Azur spend more money on taxi fare and car hire than on airfare," founder of Azur Parking Jack van Maas remarked.

Indeed with such schemes springing up the area, making the leap to becoming a French homeowner could seem even easier. And combined with the recent news that 100 per cent loan-to-value mortgages are available in the country through French Mortgage

Perhaps now is the perfect time to seek a palatial villa on the Cote d'Azur. Direct, the timeless appeal and ease of lifestyle associated with the French Riviera may seem ever more attractive.

Source: www.assetz.co.uk

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