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The Gulf of Saint Tropez: a buoyant micro market showing no sign of downturn

 

The Gulf of Saint Tropez is one of the most desirable locations on the Côte d’Azur. It enjoys an established reputation for chic and style and a beautifully protected environment thanks to stringent building regulations. It is in addition easily accessible year round with two international airports at Nice (1hr) and Toulon Hyères (45mns).

gulf of st tropez property for sale

Unswayed by recession the region has a stable property market with sustained capital growth, good letting potential and easy resale when the time comes.

 

Saint-Tropez, the jewel in the crown and neighbouring hilltop villages of Grimaud, La Garde Freinet and Le Plan de la Tour remain great favourites at the higher end of the market and there is no limit to the budget when it comes to secure the right property and the lifestyle.

Properties agents in Saint Tropez are reporting prices of € 3 to 3.5 millions for a relatively small 200m2 property. Exceptional prestigious homes with sea views start with a higher price tag rarely negotiated below € 10 millions!

The French represent about 30% of the luxury Saint Tropez market. British and Irish clients are an established well settled clientele in the area and the new arrival of wealthy Russian buyers is expected to further boost sales.

 

A Place in France have just launched a new project offering 8 stunning villas on the outskirts of the sought after medieval village of Grimaud, a fifteen minutes’ drive to Saint Tropez. Set on the hillside with panoramic views over the Gulf the high security private domain blends in beautifully with its unspoilt surroundings of pine and oak forests. A superior specification and spacious volumes will meet the requirements of a range of purchasers seeking to holiday or settle in the Grimaud/Saint Tropez neighbourhood.

Highly competitive prices start at € 1 950 000 inclusive of all mod coms, air conditioning, elevator, private swimming pool and outdoor barbecue. The villas are undergoing construction and the delivery is scheduled for December 2009. The show house is now open and illustrates the quality and spirit of the domain and its environment.

Viewing is arranged by prior appointment on 0844 576 8485.

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