Prices in the Provence Cote d’Azur vary hugely - huge demand from mainly foreign investors for prestigious, seafront properties is generating huge growth with regareds to the top end of the market, and in the most popular and glamorous coastal areas around Nice and Cannes, you won’t get much change below €200K. With a little patience however, it is still possible to find reasonably priced property by venturing away from the tourist hotspots.
Provence Cote d’Azur consists of six departments: • Alpes de Haute Provence: Castellane, Digne, Manosque • Alpes Maritimes: Antibes, Cannes, Menton, Nice, Mandelieu-la-Napoule • Bouches du Rhone: Marseille, Aix-en-Provence, Cassis, La Ciotat, St.-Remy-de-Provence • Hautes Alpes: Gap, Briancon • Var: Brignoles, Hyeres, Fayence, St. Tropez, Le Lavandou, St. Raphael • Vaucluse: Apt, Avignon, Gordes, Orange
Alpes de Haute Provence is the cheapest department - prices here average around €193,700. This compares to an average of €599,300 in Alpes-Maritimes, Provence Cote d’Azur’s most expensive department by far.
Average Property Prices in Provence Cote d’Azur
The following property information was collected from the French notaires index (French land registry) between the 01/04/10 and 31/03/11. It comprises houses sold in towns, villages and rural areas. Properties in rural areas are usually less expensive than those in towns and villages.
Average old house price in Provence Cote d’Azur:
€390,200
Average old house prices in Provence Cote d’Azur (by number of bedrooms):
Two bedrooms: €257,800
Three bedrooms: €327,500
Four bedrooms: €404,900
Five bedrooms: €529,100
Property Prices in Provence Cote d’Azur sorted by department and bedrooms
Department
2 bedrooms
3 bedrooms
4 bedrooms
5 bedrooms
Average price overall
Alpes de Haute Provence
€138,100
€196,400
€236,300
€239,900
€193,700
Alpes Maritimes
€321,700
€437,100
€582,000
€767,900
€599,300
Bouches du Rhone
€240,200
€286,600
€335,200
€428,900
€327,700
Hautes Alpes
€144,300
€228,200
€247,900
€277,700
€217,600
Var
€284,200
€359,900
€453,300
€546,200
€406,800
Vaucluse
€184,600
€223,900
€278,900
€325,000
€253,100
Average New Build Property Prices in Provence Cote d’Azur
A property in Provence Cote d’Azur is undoubtedly pricey; the region’s enduring popularity among French and international holidaymakers ensure that prices remain high. It is this enduring popularity, however, that makes property in this area a fairly safe investment. The Mediterranean climate and relaxed pace of life make this a dream setting for those looking to purchase a holiday home, or indeed to permanently relocate.
Average new-build apartment price in Provence Cote d’Azur:
€4,520/m²
Average new-build apartment prices in Provence Cote d’Azur (by number of bedrooms):