Luxury Property For Sale in Roquebrune Cap Martin

Overseas buyers consider Roquebrune-Cap-Martin a desirable place to purchase property thanks to its stunning natural scenery, laidback Mediterranean way of life, close proximity to Monaco, and rich history. Additionally, property buyers are drawn to the private and exclusive waterfront homes on the Cap Martin peninsula, offering an elegant and welcomingly secluded lifestyle.

Famous artists have been drawn to Roquebrune-Cap-Martin through the years, including Cocteau, Monet, and Rodin, who loved the commune’s duality as a creative hub and holiday destination. Other notable names who fell in love with the Roquebrune-Cap-Martin lifestyle include Josephine Baker, Marlene Dietrich, and Winton Churchill.

Luxury apartments in Roquebrune-Cap-Martin range from approximately €13,500 to €21,000 per square metre. Roquebrune-Cap-Martin villas cost approximately  €14,000 per square metre on average, though some homes may be closer to €11,900 per square metre. On the high-end, the cost may be over €36,000 for a unique and private estate close to Monaco. Various factors go into the price of a home in Roquebrune-Cap-Martin, including size, amenities, location and renovation needs.

Nearby Menton is another excellent area to look for luxury property in the region. Set on the France and Italy border, Menton is revered for its gorgeous architecture and gardens, which can be enjoyed year-round thanks to the Mediterranean weather.

Property prices in Menton are similar to those in Roquebrune-Cap-Martin, and both luxury apartments and villas are available here. Additionally, both Menton and Roquebrune-Cap-Martin offer glamorous living near the French Riviera without having to pay the higher prices you’ll find in Cannes, Monaco and Nice.

While foreign buyers are in no way prohibited from purchasing property in France, there are some considerations that overseas buyers should know about to prepare themselves. Foreign buyers typically have to show additional proof of income in order to be approved for a French mortgage. Also, foreign buyers may not be familiar with the fees and taxes associated with buying and owning French property.

The exchange rate and language barrier are two other considerations to plan for. You can hire a financial advisor to help you get the best exchange rate possible. Additionally, consider hiring a translator to translate legal documents and attend meetings with you. It’s also possible that your estate agent will be fluent in French as well as your native language, which can ease the property buying process.

Once you’ve found a home you’d like to buy, you’ll make an official offer to the owner in writing. If the owner accepts the offer, the notaire will draft the initial agreement, and both parties will sign it. Often, the deposit is also due at this time.

There’s a 10-day cooling-off period that begins once the initial contract is signed and the deposit is paid. This waiting period is mandatory. During this time, the potential buyer can change their mind and receive their deposit back in full without penalty.

Should the buyer wish to move forward with the purchase, the cooling-off period is followed by a conveyancing period that can take up to 8 weeks.

Once the conveyancing period is finished, the notaire will draw up a final contract. Both parties will sign the contract, and you’ll pay the balance owed. At this point, the home is officially yours!