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Cote D’Azur: The very wealthy prefer to buy real estate on the French Riviera

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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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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What does the term Crepi walls mean in a French real estate ad?

Crépi is a French term for a stucco plaster like finish on walls in a French house or apartment. It gives the walls a rough surface, almost like little waves on the surface of the wall.

As a reminder stucco is a material made of an aggregate, a binder and water and is applied wet and goes hard. Crépi or stucco is used to decorate surfaces. Read more details on Stucco here. 

If you are planning on buying a property with Crépi walls and you do not like Crépi make sure you get an estimate on the cost to resurface  the walls before you make a purchase.

NEWS: Have you seen our French real estate buyer’s guide that comes with a 100 percent money back guarantee? Here it is

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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What does the French real estate term clause particulièr mean?

As English speakers we had no idea what this meant until we spoke to a notary, a clause particulièr means a special clause for this particular document.

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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What does commission non comprise mean in a French real estate ad?

If you see a French property advertisement with the phrase Commission non comprise this means that the French real estate agency’s fees are not included in the advertised sale price of the property.

The alternative to Commission non comprise is FAI. Click here for definition of FAI. Make sure you know what is included in the advertised price by asking the agency when you first contact them.

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What does charges comprise mean in English?

esrea france

The French term charges comprise means that the cost includes service charges.

We hope that helped. Now continue to look around our site to see many explanations in English of terms associated with French real estate.

NEWS: Have you seen our French real estate buyer’s guide that comes with a 100 percent money back guarantee? Here it is

Below you can get your free introduction ebook about French real estate mistakes to avoid

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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