French Riviera real estate is the top choice for the very wealthy according to a report shared by the British Real Estate company Savills.
In the Candy Global Prime Sector Report the French Riviera is ‘top of the top’ for the luxury leisure market. The French Riviera is where the individuals with ultra high net worth are buying.
For the sunshine the French Riviera is forever popular. The types of properties sought after on the French Riviera are very private and sometimes have their own beach.
They say the most exclusive location at present is St Jean Cap Ferrat which is a peninsula of 282 acres with approximately 500 luxury homes. St Jean Cap Ferrat is located between Monaco and Nice.
The report notes buying overseas for high net worth individuals can have many potential complexities in terms of cultural differences in negotiation, legal and tax systems and financing.
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