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Property for sale in Eze

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Real estate insights for Eze

AspectSummary
Population2,665 (as of 2022)
Average Property Price€7,200 per sqm
Rental Yield3.5%
Average Rent€2,500 per month
Occupancy Rate85%
Capital Growth Rate4% annually
Property Tax€15 per €1,000 assessed value
Transaction Costs7-10% of property price
Expected ROI8-10% annually
Economic Growth ImpactModerate, driven by tourism and affluent residents

Eze FAQ

  • What are the average real estate prices in Eze?

    Average real estate prices in Eze, a charming commune on the French Riviera, vary significantly depending on the property type and location. As of 2023, the cost per square meter for apartments typically ranges from €4,500 to €10,000, with luxury properties commanding even higher prices. For instance, a two-bedroom apartment with sea views might be listed around €800,000, while larger villas can exceed €2 million, especially those with expansive terraces and panoramic views of the Mediterranean. The exclusive neighborhoods, such as Eze Bord de Mer, often see listings that reflect the area's desirability and scenic beauty, with prices reaching upwards of €15 million for high-end villas. Historic homes and renovated estates can also attract premium prices, making Eze one of the more expensive real estate markets along the Côte d'Azur.

  • How have real estate prices changed in Eze over the past year?

    Over the past year, real estate prices in Eze have seen a notable increase, primarily driven by the town's appeal as a luxury destination along the French Riviera. Properties with sea views have surged in value, with average prices reaching around €7,500 to €10,000 per square meter, a rise of approximately 5-10% compared to the previous year. The demand for exclusive villas and high-end apartments has remained strong, particularly among international buyers seeking second homes in the region. For instance, a restored historic villa in Eze-sur-Mer was recently listed at €3 million, reflecting the heightened interest and competitive market conditions. Meanwhile, smaller apartments in the village center have also experienced price escalations, typically selling for between €400,000 and €700,000, depending on size and condition. This upward trend underscores Eze's continued status as a sought-after location for affluent buyers.

  • What factors influence real estate prices in Eze?

    Real estate prices in Eze are influenced by a combination of factors including location, property type, and local amenities. The village’s stunning views of the Mediterranean and proximity to Nice and Monaco make it a prime location, attracting both foreign investors and wealthy individuals. Properties with panoramic sea views or unique architectural features, such as historic villas or luxury apartments, command higher prices. The local market is also shaped by seasonal demand, with fluctuations during peak tourist seasons when affluent buyers often seek vacation homes. Additionally, the availability of high-quality services and facilities, such as fine dining, boutiques, and cultural attractions, boosts desirability and value. Zoning regulations and development restrictions in the area can further affect supply, keeping prices elevated due to limited new construction opportunities.

  • Are properties in Eze more expensive than in nearby areas?

    Properties in Eze tend to be significantly more expensive than those in nearby areas, primarily due to its prime location on the French Riviera and its stunning views of the Mediterranean Sea. For instance, luxury villas in Eze, particularly those located in the higher elevations, can command prices in the range of €3 million to €10 million or more, depending on size and amenities. In contrast, nearby towns such as Villefranche-sur-Mer or Beaulieu-sur-Mer may offer more affordable options, with comparable villas typically priced between €2 million and €5 million. Additionally, the charming old town of Eze, famed for its medieval architecture and exclusive boutiques, attracts affluent buyers, further driving up real estate values. The proximity to Nice and Monaco also adds to Eze’s desirability, which can elevate property prices beyond those in less sought-after locations along the coast.

  • What types of properties are most common in Eze?

    Eze, located on the French Riviera, is known for its picturesque homes and breathtaking views of the Mediterranean Sea. The most common properties in Eze are luxury villas and charming townhouses that often boast traditional Provençal architecture, characterized by terracotta roofs, stone facades, and vibrant shutters. Many of these villas come equipped with lush gardens and infinity pools, providing an ideal blend of indoor and outdoor living. There are also a number of more modern apartments in the area, typically featuring large terraces that overlook the coastline. The village's historic center houses smaller, older properties that reflect the region's rich history, with narrow cobblestone streets and quaint balconies. Additionally, real estate in Eze often showcases eco-friendly designs, incorporating solar panels and sustainable materials, which align with the growing trend towards environmental consciousness in luxury living.

  • Is there a seasonal trend in real estate prices in Eze?

    Real estate prices in Eze exhibit notable seasonal trends, closely linked to the tourist influx typical of the French Riviera. Generally, prices tend to experience a spike during the peak summer months, particularly from June to August, when demand surges as affluent buyers and investors look to capitalize on the area's appeal. Properties with ocean views or proximity to amenities are particularly sought after during this period, often leading to increased competition and, subsequently, higher prices. In contrast, the winter months see a decline in activity, which can result in lower prices or greater negotiation room for buyers. For instance, luxury villas might see a decrease in listings and demand from November to March, impacting market dynamics. Additionally, specific events, like the Monaco Grand Prix in May or the Cannes Film Festival, can temporarily inflate demand and prices in Eze due to increased interest from affluent clientele seeking nearby accommodations.

  • What amenities affect the prices of real estate in Eze?

    In Eze, the prices of real estate are significantly influenced by various amenities that enhance the appeal of the properties. Proximity to the Mediterranean coastline plays a critical role; homes with sea views or near sandy beaches command higher prices. Additionally, access to upscale restaurants, luxury boutiques, and cultural attractions, such as the Exotic Garden and the historic Eze Village, contribute to the desirability of properties in the area. The presence of high-quality local schools and healthcare facilities can also affect real estate values, particularly for families seeking long-term residences. Furthermore, amenities such as private pools, secure parking, and in-built smart home technologies can elevate a property’s market price, as buyers often prioritize convenience and modern living features in their investment decisions.