The most expensive streets for real estate in the Côte d’Azur’s three main cities of Nice, Cannes and Antibes have been revealed in a new report by online agency Meilleurs Agents.
The French property market may be in crisis in some places, but the Côte d’Azur seems to remain recession-proof for the moment, with stable, if not increasing, prices and an enduring popularity among buyers looking to find the right balance between home and work life.
See more: Second home market plateauing, but demand for the Côte d’Azur remains high
Although the report from Meilleurs Agents acknowledges that Paris still lays claim to the streets with the highest prices – a flat on Rue de Furstemberg, the most expensive, comes with a price tag of €24,272m², while residential property on the Avenue Montaigne will set you back €23,123m² – the Côte d’Azur has more than its fair share of expensive streets.
NICE, CANNES AND ANTIBES
Nice’s urban renewal over the past two decades has seen the appeal of the city shoot up. Always a popular tourist destination, it is now also a sought-after place to live year-round and real estate prices reflect this.
Still, even with the general rise in value, there are three streets that command very high prices even by Niçois standards.
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To get a piece of the pie on Avenue Jean Lorrain, a seafront street on Cap de Nice, the average property will set you back €10,300m². Mont Boron’s Avenue Germaine comes a close second, with prices of €10,135m², while properties on the Cap de Nice’s Boulevard Princesse Grâce de Monaco demand €9,990m².
Cannes’ most expensive street is arguably its most famous. On the sea-facing Boulevard de la Croisette, homes sell for an eye-watering €12,410m², with Rue de Gray hot on its heels at €12,311m². Boulevard Eugène-Gazagnaire on the Cap de la Croisette is third, with prices sitting at €10,878m².
Heading to Antibes, there are five streets that, remarkably, have the exact same price per square metre. All situated on the Cap d’Antibes peninsular, property prices on the Boulevard John Fitzgerald Kennedy, Boulevard de Baçon, Avenue Tour Gandolphe, Chemin des Mougins and the Traversée Pas du Diable’s are a costly €10,948m².
See more: Real estate | How much extra does it cost to own a waterfront property?
By comparison, the least expensive of the streets to feature in the report is to be found in Saint-Etienne. Homes on the city’s Rue Gabriel-Calamand cost a mere €2,165m².
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Photo source: Anthony Salerno, Unsplash