The Côte d'Azur is a region that attracts not only celebrities and aristocrats, but also travellers and ordinary holidaymakers. During the peak summer season, the number of tourists reaches two million. As a result, it's not always easy to find a place to stay, even for today's millionaires, especially if the idea is to rent a villa or yacht on this prestigious Côte d'Azur.
High-end buyers choose properties in the far south of France because of the region's special characteristics. Firstly, tax optimisation is possible: when a foreign company or individual buys a property in Europe, its value increases, meaning that the money is sheltered from tax in the form of international transfers. Secondly, on the Côte d'Azur, more than in any other holiday destination, you can buy a special atmosphere, as the quality of life in seaside areas is of paramount importance. What's more, the cost of property on the Côte d'Azur is rising every year, and renting a residence is the best way to make a villa or house profitable without using it to the full.
The cost of amenities on the Côte d'Azur. It could be said that every year, the middle of the Côte d'Azur becomes the main or seasonal residence of wealthy people from the four corners of the globe. So renting villas and yachts is expensive on the French Riviera.