SPOTLIGHT - THE SEASONAL RENTAL MARKET IN NICE
are highest between May-October which means that
rental returns are good and property plays an important
role in investment portfolios. Scandinavian buyers have
been particularly prominent in the villages mentioned
above, and winter rentals are popular as tourists swap a
freezing climate for a warm one. It is fair to say that as well
as domestic demand, particularly from Parisians we have
second-home buyers from Italy, Switzerland, Germany,
Holland and even the UK, although fewer since Brexit and
the USA.
Rental regulations are becoming stricter and it is vital that
you speak with an experienced agent if you are looking
to get a rental return from your property purchase.
The local hotel industry continues to lobby the French
Government and we can expect to see further regulation
of the industry. Do take professional advice - if you are
interested in knowing the potential returns of your holiday
home on the Riviera then Leggett Property Management
offer a free rental estimation, contact hello@leggettpm.fr
for further details".
You can see full details of the services offered by
Dominique and her colleagues at
www.leggettpm.com.
PROPERTY MANAGEMENT
Amenities currently supplied by rental
competitors - Nice
Nice Market Grade supplied by AirDNA
Market comparison of annual revenue growth in Paris, Nice, Bordeaux and Lille, source AirDNA