Geneva is the Prefecture of Geneva County and the second town the most populous city in Switzerland. Its metropolitan area creates a transborder city – the “franco-valdo-genevan basin”, which spreads over the Vaud’s canton and Ain and Haute-Savoie departments. There are 22 international organizations and more than 250 non-governmental organizations settled in Geneva such as the European headquarters of the United Nations and the International Trade Organization. Geneva is the second financial town in Switzerland and considered as the most important town in the world about transnational private fortune management. The town is at the first position of the world about oil business behind London. It is a world town.
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Mentioned for the first time in the comments about the Gauls’s War by Jules Cesar, the city has been under the Roman domination, Burgundian and then the Franks before becoming an independent diocese during the Middle Ages. Upon Jean Calvin’s arrival, the town converted to Protestantism and became an important centre of Calvinism. Its economy diversified progressively with banking and the development of watch making industries at its forefront. During the French Revolution after several revolt attempts the aristocratic government collapsed and a progressive republic emerged. Geneva has since acquired an excellent international reputation for commerce and a centre for world organisations.
Food and drink
The Leman Lake’s fishes, the 2000 years old vineyard and the market garden produce are the main Geneva Canton’s products.
The traditional Genevan dish is the Longeolev (pork sausage with fennel) served with potatoes and white wine. Cardoon is cultivated in Geneva and the cardoon gratin is a speciality. As well the chocolate pot is traditionally served in the Escalade’s feast. The prune pie is also a Genevan tradition during the Genevan Fast.
There is many important museums to visit in Geneva and a great part are free : United Nations Palace, Art and History Museum, Natural History Museum, Modern and contemporary Art Museum (MAMCO), Jean Jacques Rousseau Space, Reform International Museum, Martin Bodmer Museum, Car International Museum. Also, there is the permanent exhibition about the particles’ world organized by the CERN (European Nuclear Research Establishment).
A lot of cultural festivals and feast occur all along the year in Geneva: Car International Show, Book, Press and Multimedia Show, the Gold Bowl, the Music feast, summer festivals and feasts. The very important Genevan feast is the Escalade Feast on the Sunday near the 12th of December which celebrates the French invasion failure in 1602.
It is easy to go to Geneva; there exist a lot of means to go to this town:
– By air: Geneva has an international airport with hire-car availability all year round.
– By train: for about six hours, you can do London-Geneva thanks to Eurostar and SNCF trains.
– By road: for about eleven hours, you can do London-Geneva by car thanks to the Channel Tunnel and the motorways.
Why buy an off plan property near Geneva in France?
The Rhône-Alpes region of France has much to offer holiday makers, expats and property investors alike. Due to its stunning topography and restrictive French planning by-laws, permission for new building developments are sparse and few and far between. Pricey Geneva next door, along with the demands of modern day living from an ever increasing population, place a relentless strain on existing property stock. In addition, the highly buoyant local property market is accelerated further by low interest rates from lenders, plus favourable exchange rates against leading currencies.
As a consequence many home owners and shrewd investors alike opt to purchase ‘off plan’. The term ‘off plan’ does not necessarily refer to an empty field where one day a modern housing development will proudly sit, it also includes developments that are well under way and very near to completion. An advanced legal system backed up with safeguards written in the French constitution protects buyers from hazards and disastrous pitfalls which could occur in other countries. All of which supervised by the ubiquitous notaire!
At the moment the investment hotspot for those in on the know are the superbly located Ferney-Voltaire and Divonne-les-Bainsin the Ain (01) department. Both of which are within the metaphorical arm’s reach of the very centre of Geneva and well connected by road and public transport. Combine this with the colossal savings on like for like properties in nearby Geneva city which has brought canny buyers to the area in their droves. The four new build developments launched recently by a leading local developer are all at an advanced stage of reservations which has left some buyers smarting at their missed opportunities. However, some choice apartments still remain and the lucky few are managing to secure and reserve an excellent investment.
There are three sectors in the French border near Geneva: Gex sector (North), Saint-Julien-en-Genevois sector (West) and Annemasse sector (South).
Between 2000 and 2004, the best places where a lot of apartments had been bought were around Divonnes-les-Bains (20% of sales), Gax (more than 20%), Ferney-Voltaire (20%), Viry (20%) and Saint-Julien-en-Genevois (less than 20%).
The Annemasse sector knows the highest price increase with an increase by 70% and the increase of Gex and Saint-Julien-en-Genevois increased by 59%. However, the differences in price levels go on between the different sectors. Of course, in 2004, the price of an apartment by m2 remains the more expensive around Gex sector (Divonnes-les-Bains, Ferney-Volaire) as in the ancient (2300€/m2) as in new (3000€/m2). Moreover the price has increased between 2000 and 2004 by 65%.
So do not delay – enquire further for more information on buying off plan and let us find you a supreme property in the stunning Rhône-Alpes.
You can have a look here at our properties for sale near Geneva
Our team of sale advisers at Sextant Properties will be happy to help you to find a property near Geneva. We have a large network of agents in the French Alps. All of them are registered French real estate agents and speak both French and English. Whatever kind of property you are looking for: flat, chalet, we will do our best to find a property in the French Alps matching your requirements. To find out more about our selection of properties for sale in Geneva do not hesitate to contact us.