Luxury Cote D’Azur Nice Property Reduced by 30,000 Euros for April Only, agents for luxury new build apartments and leaseback developments in France, announced today that prices of two bedroom apartments in the prestigious Jardin Pastorelli development in Nice are to be reduced by 30,000 euros for 30 days or until all the remaining units are sold. This has been a popular development which was launched late in 2008, with nearly 90% of all units now sold.
The French property market has shown itself to be significantly more robust than the UK. Data on house price movements in France is published by the State regulated Notaries. The figures for the Cote D’Azur region rose by an average of 7.9% in the year to December 2007, whilst last year prices still rose by 3.7%.
Guy Stephenson, director, comments, “This prestigious development is in the centre of Nice, less than 5 minutes from the shops and restaurants and around 10 minutes from the famous sea front. The apartments will make fantastic second homes or rental investments, as demand in this region has historically been very strong. We are expecting the remaining units to sell within days.”
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Guy Stephenson 020 8333 9125, 07980 241 558