The uncertainty of the stock market, caused partly by the continuing political upheaval in the West, is leading investors to buy property in Europe’s safe-haven locations, such as Saint Tropez…
It is a testament to the stability of the French property market that in these times of political uncertainty more and more people are looking to buy property in France. Home Hunts has found that after the British voted to leave the European Union, the number of enquiries from UK-based clients wishing to relocate permanently to France has been rising.
Now, following the surprise presidential election of Donald Trump in the USA, the number of investors turning away from the stock markets in favour of second or third vacation homes in Europe is also increasing.
From stock markets to the French Riviera
In terms of where clients are looking, safe-haven locations such as Paris and certain areas of the French Riviera are the most popular.
Saint Tropez – a quaint fishing village that is one of the most glamorous seaside resorts in the world – offers a solid property market where prices are expected to rise throughout 2017.
With some of the most luxurious properties on the Mediterranean coast, 300 days of sunshine each year and property that either holds or increases its value, Saint Tropez real estate is a savvy choice.
“As a safe-haven location for property investment we are seeing a rise in the number of buyers making enquiries and buying properties in Saint Tropez,” says Tim Swannie, Director of Home Hunts.
“Locations on the French Riviera, such as Cap d’Antibes, Saint Tropez and Cannes, are especially popular right now with Brits looking to relocate permanently and Americans searching for lifestyle-enhancing real estate investments.”
An A-list oasis
Situated in the Var department of the Provence-Alpes-Côte d’Azur, Saint Tropez has long attracted stars from the worlds of fashion, film, music and sport. Still an undiscovered fishing resort in the fifties when it was known locally for its delicious sardines and prawns, it was propelled into the spotlight when Brigitte Bardot filmed the movie “And God Created Woman” there in 1956.
Renowned for its golden sandy beaches, such as Plage des Graniers, Plage des Salins and Plage de Pampelonne, it is also home to a sublime selection of cafes, restaurants, and clubs, such as Tahiti Beach Club and the famous Le Club 55.
Always in demand, this beach club attracts the cream of the A-listers, including stars such as Leonardo DiCaprio, Sacha Baron Cohen and Elton John. Its menu is considered one of the best in Saint Tropez and guests can arrive by superyacht if desired as it also has its own jetty.
For investors looking to buy property in Saint Tropez in a secure, gated community there are several options.
The most exclusive of these is Les Parcs, which includes a private beach and tennis club and is located less than ten minutes away from Saint Tropez’s fishing port.
Domaine de la Castellane, not far from the centre, and Les Parcs de La Moutte – close to the Salins and Moutte beach – are also popular with overseas investors looking to buy property in Saint Tropez.
If you are looking to buy property in Saint Tropez, visit Home Hunts’ online portfolio at www.home-hunts.com. To speak to a consultant directly about your French real estate needs, call +33 (0)970 44 66 43.