Investment Proposition
Located next to Saint-Laurent-du-Var town centre and to the economic centres of Nice, Cannes and Monaco – “Les Lilas” is ideally situated in a traditional district yet offers all the benefits of a modern residence in a quiet environment.
Both buildings, surrounded by landscaped green spaces, are of a contemporary design, and share a large sun-drenched swimming-pool. From studios to 3 beds, each apartment offers large rooms with wide windows bathing the apartments in natural sunlight.
For over a century, the population in the Provence region of the French Riviera has been growing at a faster rate than the French national average. Traditionally focusing on the tourism industry, this beautiful part of France is now home to many high-tech companies and scientific research companies, which are quickly becoming the new leaders of this expanding economy.
These new entrants into the local market mean rental demands are increasing and your investment will be increasing in value.
Why invest in France?
- Shortage of housing stock, 5million units needed now.
- Government require 500,000 new units per annum for the next 10 years, however projected housing starts in 2008 are only at 300,000 units.
- Stable, mature economy, founding member of the E.U. - A low risk addition to your portfolio.
- Planned labour market and general business regulation reforms will improve France’s business environment, leading to increased foreign direct investment.
- 10 – 15% housing price growth over the last 10 years, 8 – 14% growth forecasted for next 5 years and is projected to out perform the UK property market substantially.
Why invest in Provence – French Riviera?
- Third largest economic region in France.
- Rapidly expanding IT and Science sectors driving rental demand and inward investment.
- Proven tourist destination – 100m tourists per year.
- Stable, regulated property rental industry.
- Tax efficient structures for buy-to-let and leaseback properties.
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