Research article

Outlook

Good weather on the forecast for the sunny Riviera


The perennial appeal of the French Riviera is something that global buyers can continue to depend on, regardless of the wider macroeconomic and geopolitical environment. With a wide variety of enclaves, each with a distinctive offering, from the nightlife of Saint-Tropez to the more family-oriented countryside, the Côte d’Azur can meet the demands of an increasingly diverse international buyer base.

  • The Riviera has a stable and healthy economic framework supported by a large services sector and has strong economic growth forecasted. Between 2024–2034, the Alpes-Maritimes will see a predicted 17% GDP growth, compared to the European Union and France at 14% and 15%, respectively.
  • As buyer interest continues to remain high, it is possible that some areas in the region will become increasingly supply-constrained, especially in coastal enclaves with limited available land. In these areas, prices will likely continue to rise unless significant new development can bring high-quality prime properties to the market quickly.
  • If, in the future, expansions to the TGV or other transport modes help link the region further, greater connectivity will bring more international buyers and tourists to the region.
  • International recognition of the region as a safe haven and location for capital appreciation will likely continue to attract global HNWIs to the area, spending more time over the year in this very unique part of the world.

 

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