Which French coast should I choose: the Côte d'Azur or the Atlantic coast?

Choosing between the coastlines

Russians considering the possibility of purchasing real estate in France often face the dilemma of choosing between two magnificent coastlines - the Atlantic coast, known as Aquitaine, and the French Riviera, part of the Provence-Alpes-Côte d'Azur region. Both of these regions have their unique characteristics, being in close proximity to the sea and mountains, and their climate is characterized by a high number of sunny days and warmth. The well-developed tourist infrastructure in both areas is also an important factor contributing to their popularity. However, the differences come to the forefront, especially in housing prices.

Customer preferences

Pierre DeglerThe head of the Coldwell Banker Previews DP&P Consulting agency in cities like Biarritz and Saint-Jean-de-Luz emphasizes that the French Riviera often attracts people seeking a luxurious lifestyle, trendy boutiques, and social events. In contrast, those who prefer a more secluded and peaceful vacation away from the hustle and bustle of the city might consider the Basque or Landes coast, as well as quieter towns like Lège-Cap-Ferret or Bordeaux, located in the regions of Gers and Périgord.

Recreation opportunities

Both coastlines offer a variety of opportunities for relaxing vacations by the sea and in the mountains. The local real estate market provides a wide selection of premium properties; however, the investment potential here is somewhat limited. It is worth noting that the market on the Atlantic coast is characterized by lower volatility, a low crime rate, and more developed tourist services compared to the French Riviera. The latter is famous for its warm climate and convenient direct flights from Moscow to Nice, which may increase interest from potential buyers.

Housing prices

When it comes to prices, the average cost of housing on the Atlantic coast is 2,580 euros per square meter, which is about 20% lower than on the French Riviera, where the price reaches 3,335 euros per square meter. For example, apartments in the most sought-after resort of the Riviera, Saint-Tropez, can be twice as expensive as prestigious residential properties in Biarritz, which is considered one of the most expensive resorts in Aquitaine. In the Atlantic region, the price per square meter for elite housing can sometimes reach 15,000 euros, while in the most popular resorts of the Riviera, it can occasionally exceed 20,000 euros per square meter.

Price dynamics

According to information from Meilleurs Agents, price fluctuations in both markets are minimal: from May 2012 to May 2013, housing prices on the Atlantic coast decreased by 0.4%, while the French Riviera saw an increase of 1.6%. For a more accurate picture of prices, the following data for different cities can be provided:

• Aquitaine:
  • Anzher: 2580 euros/m²
  • English: 3374 euros/m²
  • Bayonne: 2901 euros/m²
  • Biarritz: 4680 euros/m²
  • Saint-Jean-de-Luz: 4158 euros/m²
• Azure Coast:
  • Antibes: 4526 euros/m²
  • Villefranche-sur-Mer: 7028 euros/m²
  • Cannes: 4933 euros/m²
  • Nice: 3908 euros/m²
  • Saint-Tropez: 8487 euros/m²

Market mobility

The French Riviera, with its more international character, is subject to significant global influences, making its real estate market more volatile. In contrast, as noted by Pierre Degler, the Atlantic coast is experiencing a stable situation, and prices here are generally lower, especially in the luxury real estate segment. At the same time, the high price level on the French Riviera is maintained due to the growing interest from foreign investors, making this market exceptionally attractive for investments.

Rise in real estate prices

As for the Atlantic coast, a noticeable increase in real estate prices is expected, ranging from 10% to 20%. This is due to a shortage of supply and high demand in this segment. On the French Riviera, there is a strong interest in houses priced between 1 and 5 million euros, although significantly more expensive options can also be found. For example, in 2013, a Russian national purchased a luxurious villa for 25 million euros in Saint-Jean-Cap-Ferrat.

Interest in more affordable real estate

There is an increased interest in more affordable real estate options along the Atlantic coast. In this region, homes priced between 800,000 and 1.5 million euros are particularly popular.

Tourist infrastructure

When it comes to tourist infrastructure, both local and foreign travelers prefer the Provence-Alpes-Côte d'Azur region.

Conclusion

In conclusion, it is worth noting that the choice between the Atlantic coast and the French Riviera is an important step for Russians looking to purchase real estate abroad. Both regions have their unique characteristics and attract different categories of buyers.

Côte d'Azurwith its cosmopolitan character and luxurious resorts, is suitable for those seeking dynamism, style, and high investment returns. On the contrary,Atlantic coastoffers a more tranquil atmosphere, real estate prices that are 20% lower, and a stable market, which can be particularly appealing for those who prefer quieter and more secluded locations.

Advantages of each region

• Azure Coast:
  • Cosmopolitan nature
  • Luxury resorts
  • High potential for investments
• Atlantic coast:
  • Calm atmosphere
  • Affordable real estate prices
  • Stable market

Each of these regions boasts a rich tourist infrastructure and natural beauty that can be appreciated at any time of the year. The appeal of the French Riviera is defined by numerous international events and shopping opportunities, while the Atlantic coast not only delights with its beaches but also offers access to northern mountain resorts and thermal springs, which will undoubtedly attract those seeking variety in their vacation.

Financial aspects

Financial aspects also play a key role in decision-making. While the French Riviera is all about glamour and luxury, the Atlantic offers more affordable options, opportunities for price growth, and excellent conditions for building your ideal home or apartment. Thus, the choice depends on the personal priorities and financial capabilities of each family.

As you can see, both coasts have something to offer, and their charm depends on your interests and lifestyle. It's important to thoroughly explore each region, weigh all the pros and cons, and then your decision will become not just a financial one, but also an emotional investment in your future.

Discover the atmosphere and lifestyle in these unique places, and perhaps you will find your perfect retreat on the shores of France.