Why does the Basque Country attract wealthy non-residents in France?

Basque Country: A Place Without Shadows

From the very beginning, it is important to note that the northern part of the Basque Country in France has no connection to the tragic incidents and terrorist attacks carried out by the Basque organization "ETA" and its supporters in Spain. Unfortunately, some journalists cover such issues without the necessary diligence, which can lead to a misunderstanding of the situation. Undoubtedly, the esteemed Dr. K., who has been to Paris and the Alps but has never visited the southwest of France, does not provide the viewers of Channel One with a complete picture of the region, limiting himself to tourist spots popular among Russian oligarchs.

Geography and Gastronomy

The Basque Country is a unique and picturesque region that is divided between two countries: Spain and France. This charming area is located in the northwest of Spain and the southwest of France. In the Spanish part, the center is Bilbao, while in the French part, the heart can be considered to be Bayonne. This city is just a few minutes away from the luxurious resort of Biarritz, which in Basque translates to "two cliffs."

Climate and Nature

The mild climate and stunning landscapes of this region will captivate any traveler. There is an atmosphere of coziness and harmony here, thanks to the favorable sunny days. The sprawling lavender fields along the crystal-clear ocean waters create unique views, while the winds blowing in from the Atlantic bring with them white waves to the golden beaches. Romantic cottages with red-tiled roofs perfectly complement this idyllic scenery. Each house here either has its own unique name or is named after its residents, which adds a special charm to the place.

Culture and Traditions

The Basque Country is inhabited not only by Spaniards and French but also by the Basques themselves – a people with a rich culture and a language that is part of their identity. The Basques are known for their ability to celebrate life, hosting various festivals where they treat all guests to culinary delights, including fresh seafood. These events are often accompanied by generous servings of red and rosé wines, which adds even more charm to them.

The origin of the Basques

Let's not get into debates about the origin of the Basques, as opinions on this matter are divided. Some scholars believe that this people migrated to the shores of the Atlantic from the Caucasus, while others suggest that they are descendants of Cossacks who ended up in these places by chance. It is only known that among them there are not many people with light hair, although such types do occur. Nevertheless, despite their quite specific appearance, the Basques are as polite and friendly as representatives of other cultures in Europe.

Uniqueness and Attractiveness

Each of them takes pride in their unique heritage and traditions that shape their identity. This amazing combination of cultural richness and natural beauty makes the Basque Country one of the most attractive places for exploration and travel.

Calmness and safety of southwestern France

In the southwestern part of France, especially in the charming Basque Country, residents show a particularly strong desire for a calm and safe life, which may surpass similar desires in other regions. Recently, Franck Bozé, a leading financier at the world-renowned bank Barclays, made some interesting remarks, sharing information about the acquisition of assets from the Russian ExpoBank.

The new Barclays office in Biarritz

He emphasized that their bank has made the decision to urgently open a new office in Biarritz, which is located on the French side of the Basque region. This step became necessary due to the growing number of clients, as the bank manages significant amounts of funds for wealthy individuals living in the southwest of the country, providing them with regular interest payments on deposits.

Migration of affluent citizens

The speed of migration of affluent citizens from various corners of France, as well as from abroad, to this picturesque region is becoming increasingly noticeable.

The Orthodox Church in the Basque Country

In the southwestern part of France, in the picturesque region of the Basque Country, lies the largest Orthodox church dedicated to Saint Prince Alexander Nevsky. This area is renowned not only for its beautiful landscapes but also for its various resorts offering healing treatments and other wellness services.

The history of the temple

The church was built in Biarritz — a well-known place that serves as a winter retreat for Russian tsars — at the initiative of Emperor Alexander III and was consecrated in September 1892. The architectural style of the church, designed by St. Petersburg architect Nikolai Nikонов, is similar to the architecture of the Trinity Cathedral of the Alexander Nevsky Lavra in St. Petersburg.

The Russian community in the region

In this place, there are both permanent residents and temporary guests, and assistance from the honorary vice-consul of Russia, Alexander de La Sedra, is almost always available. According to the information gathered, there are over 300 Russian families living in the region, who are gradually discovering the culture and traditions of this unique corner of France.

The interest of Russian-speaking tourists

Alexander Belchikov, the director of one of the travel agencies in Paris, reported that from May until the start of the school year, his company handles about four thousand hotel bookings on the Atlantic coast, which confirms the growing interest of Russian-speaking tourists in this region. They are eager to take advantage of every opportunity:

• visit the capital
• to head to the famous French Riviera.

However, it is worth noting that many of them, upon discovering the beauty of the Ocean coast, return and decide to settle in the Basque Country. They buy houses, villas, and even castles, which is due to the more affordable real estate prices compared to Paris and the Mediterranean coast, which is relevant at the moment.

Real estate prices in the southwestern departments

Now let's look at specific examples and current data on housing prices in the southwestern departments of France to better understand the current market realities.

The case of Emmanuel Fort

Emanuel Fort, a friend of the author who works in the Ministry of Agriculture of this state, found himself in a situation where he urgently needed an apartment in Paris due to work obligations. Since he had to spend most of his time in the capital, renting a place became more expensive than paying off mortgage loans.

Ultimately, he chose an apartment with an area of 55 square meters, as his budget did not allow him to consider larger options. Its price was360 thousand eurosThis clearly demonstrates the high real estate prices in the capital. This situation makes regions like the Basque Country more appealing to Russians who are looking for alternative opportunities for living or vacationing.

Conclusion

The Basque Country offers excellent conditions for those who dream not only of spending a vacation but also of contemplating the creation of a new life away from the irritating hustle and bustle of the city.Mild climateandnatural beauty of the regionThey inspire and attract people, making them want to return again and again.

Culture and traditions

The Basque Country is not just a picturesque region in the southwest of France and the north of Spain, but a vibrant symbol of cultural and traditional diversity. As I delved deeper into studying this unique area, it became clear to me that the locals have a deep attachment to their heritage, history, and culture, which comfortably intertwines with modernity.

Safety and peace

Reflecting on what makes the Basque Country so attractive for living and vacationing, I concluded that it is not only the natural beauty and rich gastronomic tradition but also the sense of security that is embodied in the order and tranquility that reign in the streets of the cities. Observing the lives of the locals, I see their pride in their identity, as well as their readiness to defend their way of life.

Friendliness and hospitality

It is also worth mentioning how the French part of the Basque Country reminds us of its close ties with the Spanish side, despite all the differences. Culture, customs, language — all of this highlights the uniqueness and individuality of this people, which, in my opinion, should be protected and valued.

Results

In conclusion, I am convinced that the Basque Country is not only a beautiful place on the map of Europe but also a true center of cultural exchange that everyone should discover. As the author of this article, I hope you can appreciate all the charms of this amazing region, as there is much to learn and enjoy here.