Buying Property in Cannes
So why Cannes? Access to the French Riviera and Provence, the great outdoors, the sea, the chance to earn a good rental income and investment in a popular destination, are all great reasons to buy here.
Add to that the proximity to freshly baked diet-defying croissants, delicious cheeses, market fresh produce, and sprawling vineyards are all loveable clichés that attract millions of visitors to France each year. Sounds perfect doesn't it?!
France’s relatively low property prices have more recently also become a major attraction for many visitors looking to continue their fond holiday memories abroad. As such, Cannes has experienced a surge in the number of Britons taking the plunge across the channel and buying a property here.
Low-cost airlines that fly to smaller, local French airports combined with rising UK property prices are contributing factors for the surge in interest in the French property market. For some, the chance to own a second home or holiday villa in France is no longer a dream or a right that’s reserved for the rich and famous. As property in France has become more accessible and affordable, many people have looked to invest.
Historically, areas such as the Cote d'Azur and the Dordogne were popular with those looking to step on to the French property ladder. Now people are buying all over the French continent depending on their individual requirements. Whereas people may have traditionally purchased holiday homes, overseas retirement havens or 'sound investments' in France, it is not so unusual to find the once career hungry individuals who have had enough of the city lifestyle opting for ‘the good life’ and buying perhaps a charming rustic chalet in a bustling French ski resort or running a successful business on the south coast of France. There are also some who are fortunate to run a business that is not location-dependent, so that they can experience the benefits of living and working in France.
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