The global interest rates are increasing, and in such a case, it makes sense to invest in real estate. Many investors also love to invest in a foreign land as this diversifies their portfolio. To complement this point, we would like to mention that there are some amazing investment opportunities available in Nice, France. France is open to investments from foreigners, so you can buy property there without hassle. It is also safer to invest in Real Estate in Nice France .
Reasons to Consider Buying Real Estate in Nice, France
- Inflation Fear – The first thing to note is inflation fear. The interest rates are rising, and even inflation is on the rise. There are also fears of recession. In case of recession, the markets will crash, and you will have very poor returns from your funds. In such a case, you would want to invest in fixed assets which offer you peace of mind. What is better than investing in property? So, owing to this macroeconomic factor, we recommend purchasing property in Nice, France.Â
- Property Market in France– The real estate prices in France are close to their 2006 levels. In such a case, the market is standing at its low. The simple rule of making a profit is Buy Low, Sell High. So, you can expect an increment in the price of the houses in the upcoming months. The effect of Covid is wearing off, and hence the economy is opening up. This is specifically true for Conte d’Azur. Moreover, the housing market in France is well-regulated. It is stable, and it also has a fixed repayment mortgage. French markets are very safe investment options considering a long-term horizon.
- High Rental Yields – The rental yields in very high. This is especially true during the summer season. In the summer season, you will find many short-term rental demands which offer a higher rent than average. In winters, you will find a long-term rental market. In summers, the rentals are 200% to 300% higher than in winter. So, this allows you to earn money from your investment.
- Other Macroeconomic Factors – In the next decade, the economy is expected to rise, and the property shortage will also increase real estate prices. This can translate into capital gains for you. Moreover, the country is developing further. France is connected to many international airports, so there is always an inflow of forex. The economy and the policies are also very stable, making this a good option for you.
Because of higher demand, there is presently a shortage of properties in France. So, if you are looking for something, you can also reach out to Hermitage Riviera. They have many options available, and you can even check out the properties from their website. This will give you an idea about the price and what is on offer. Hermitage Riviera also offers property management & advisory services. So, the experts there will be your companion until you have a property in Nice, France.
