Market Overview

Nice Properties Real Estate Commercial Department Reports Steady Commercial Activity Despite Global Financial Crisis Fears


An active commercial property market on the French Riviera is holding steady amid the storm of the Eurozone financial crisis as reported by Nice Properties Commercial Real Estate Department.

Nice, France (PRWEB UK) 31 October 2012

The Commercial Property department of Nice Properties Real Estate group reports that an active commercial real estate market on the French Riviera is an indicator that clients are capitalizing on the stability of the French Riviera as a year round tourism destination for investing even amid the unsettling Eurozone crisis.

As the financial crisis continues to batter many countries in the Eurozone affecting many industries, including the real estate market, safe investment havens such as the French Riviera, have continued to experience a steady and active commercial property market with the majority of investors being French nationals.

Commercial real estate agent Pierre Jean Moatti for Nice Properties explains,"There is one fact that cannot be denied, the French Riviera is one of the worlds most popular touristic destinations with year round tourism. Our clients, who are mainly French nationals, are finding a level of comfort with that type of stability for their businesses. Knowing that this location has a continuous flow of locals and tourists is very appealing to our clients."

Moatti further explains, "A city like Nice for example, strategically located with an international airport and year long tourism, has been one of our most actively sought out areas for commercial investments."

The Commercial department, which was recently restructured this year, have also noted an increase in demand by regional and national French clients for purchasing restaurants and bars, one of the busiest sectors in the commercial property market on the French Riviera. In addition, they have also noted an increase in larger national and international brands for both restaurants and ready to wear apparel shops seeking commercial spaces.

About Nice Properties Real Estate Group

Nice Properties is the French Riviera's leading real estate group specializing in the sale of luxury villas, vacation homes, apartments, commercial real estate and new build programs, and has the most effective professional multilingual network of real estate professionals with 5 offices along the Cote d'Azur from Cannes to Beaulieau, providing an efficient and seamless platform for the best real estate opportunities and investments on the French Riviera.

Please visit the Nice Properties website to find out more information regarding the latest real estate opportunities on the French Riviera.

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