The Saint-Jean-Cap-Ferrat peninsula attracts a considerable number of Investors, because of the Mediterranean climate and prestige on the French Riviera, luxury real estate is very popular. It is vital to remember that luxury realty is an extremely exclusive investment sector. Properties must fulfill specific criteria to be considered for the elite segment. It is important to have the assistance of an experienced agency. Find out how you can hire a team of experts in luxury realty.

Real estate

French property Market is remarkable resilient. Indeed, real estate is resilient, despite the economic and health crisis that has affected most economic sectors. The 1,208,000 properties which were abandoned in August 2021 found buyers within a year set a new record. The volume of transactions increased by 23% over the 12-months. The pandemic environment has slowed the issue of permits for new homes. Since 2020, a penalizing trend has been evident. This has led to a decrease in the number of permits. Over 12 months, prices exploded (+12% at March’s end and +45% by June’s end), with prices increasing around 7.4% through 2021. This trend is supported by stability in real estate loan rates. The HCSF’s new regulations aren’t without consequences. This regulatory reform aims to maximize security. This is in addition to the stricter conditions that banks institutions impose. Many banks increased their rates by 0.05 to 0.45 percentage points at the start of the second quarter 2022. While the pandemic is changing the criteria for buyers, major French cities are still attractive to them. Particularly sought-after are houses with gardens. People who want to have small living spaces will prefer houses with balconies or terraces.

 

Luxury real estate

Real estate is an exclusive market. It is important to maintain exclusivity. It is important to pay attention to every detail: security and atmosphere, construction materials and architectural styles, as well as the types of configurations, services, etc. The period before the pandemic. Attracted foreign clients and a French clientele. These trends have been affected by restrictions and foreign clients have slowly withdrawn from this market. However, the French have shown interest in high-end markets. 38% felt it was the right time to buy luxury property in June 2020. This percentage grew to 64% in May 2021. Faced with a shortage of properties, investors are increasing the speed of realizing their property purchase plans. We can name the following areas as the most sought-after. This includes any type of luxurious property. Villas and apartments are popular choices for buyers. Manors Castles and other structures. More than 60% are concerned with their primary residence.

Before going deeper in the process, make sure that you renegociate your mortgae insurance, in order to have the best deal possible.

 

Saint-jean-cap-ferrat when the sun is about to rise

Risen sun on Saint-jean-cap-ferrat

 

 

Explore Saint Jean Cap Ferrat

Its centers of attraction and the city

The success of Saint-Jean-Cap-Ferrat with celebrities began in the 1950s, allowing the peninsula to develop an identity closely linked to prestige. Luxurious homes surrounded by beautiful gardens and parks grew in number. Imposing villas such as Maryland, Les Bruyeres, Santo Sospir, La Vigie, la Fleur du Cap or Ephrussi-de-Rothschild The architectural riches are illustrated in the following images. Museums such as the Coquillages Museum, green spaces such as Cedars, and magnificent beaches such as La Paloma, Les Fossettes and Cros dei Pin offer many opportunities to relax and discover Saint-Jean-Cap-Ferrat.

Saint-Jean-Cap-Ferrat luxury real estate: the favorite districts

Saint-Jean-Cap-Ferrat is a territory where the notion of luxury is omnipresent. Most of these properties offer prestige. There are however some places that investors are likely to be more interested in, like the Promenade Maurice Rouvier or the Passable beaches, both of which offer spectacular views. You can also enjoy the authenticity of the village by staying in the area surrounding the port, covering 2.48km2.

Luxury real estate in Saint-Jean-Cap-Ferrat : look for a real estate agency on the internet

You can optimize your search speed and relevance using digital tools, including internet platforms. You can narrow down the number of agents that are displayed on your screen by specifying where you live and what luxury real estate you want. Visit their websites. Do not just glance at the page, but take the time to read through the various contents. Look at the properties available for rent or sale, then linger on the information and advice..

Luxury real estate Saint-Jean-Cap-Ferrat : look at the customer reviews

Once you have inspected the agency’s presentation and seen its list of high-end properties, take some time to review the feedback of past customers. Because we’re talking about luxury markets, there are higher standards and stricter criteria. You can be sure to get reliable information if the luxury agency’s name is frequently mentioned in the reviews and/or recommendations.

Luxury real estate Saint-Jean-Cap-Ferrat : beware of the e-reputation

Everything that’s said about the agency online is called e-reputation. This includes press articles as well as mentions on blogs and verified opinions from platforms that are online to gather these information. It is important that your agency’s reputation in the online sphere be solid and positive, as you can see.

Luxury real estate Saint-Jean-Cap-Ferrat : consult your network

If you know people who own luxury real estate in Saint-Jean-Cap-Ferrat, do not hesitate to ask them for recommendations. You should ask about the search criteria of their clients, as they may have similar requirements to yours. To find out what the family liked most about an agency’s support and service, ask your friends.

Luxury real estate Saint-Jean-Cap-Ferrat : word of mouth

Because word-of mouth advertising is so efficient, the success of luxury real estate agencies is determined by the reviews of their customers. Positive feedback is automatically a sign of satisfied clients. Information is quickly circulated as clients speak highly of them. Do not be afraid to ask for recommendations from other sources.

Luxury real estate Saint-Jean-Cap-Ferrat : the first appointment

You should carefully plan and study your real estate project, particularly if you’re interested in luxury segments. Before you trust your project to a real estate agent, it is important that you have a good opinion of them. Make contact with the agency based on your research, and/or other recommendations. Although physical meetings are preferred, it’s also possible to make an appointment using digital tools. This stage allows you to measure agency reactivity by the time it takes to respond to your requests and the speed with which they meet you. It is important that the interlocutor pays attention to what you want and offers the best suggestions, while still respecting your criteria.

Luxury real estate Saint-Jean-Cap-Ferrat : trust your instinct

You will be left with an impression from your first encounter that you shouldn’t forget. Intuition is often right. You can talk if you feel comfortable and confident that your real estate agent will meet all of your expectations. It is important to assess the abilities of any real estate agency before you request their help. Choose a team that is exclusively dedicated to luxury properties in Saint-Jean-Cap-Ferrat. They have a wealth of experience. All criteria should be considered, including the impact they have on your life.