Tuesday, July 13, 2010

Saint Tropez Real Estate (Immobilier)

Saint Tropez Real Estate (Immobilier)
By Richard Green M.D.

Real estate, or property, in the St Tropez area is fast becoming one of the rare things in the world with prices bucking the trends and continuing to rise despite the recession. The problem (depending on whether you are buyer or seller) is that good property is in very short supply and so the standard laws of supply and demand supersede the seemingly paradoxical laws of recession.

The sheer demand on property is now exploding out of the Saint-Tropez Village into the surrounding areas where other villages such as Grimaud, Cogolin, Gassin through Sainte Maxime and even as far as Les Issambres and occasionally even St Aygulf are feeling the warm glow of the property buyers attention. Immobilier in the Gulfe de Saint Tropez is certainly the flavour of the moment.

As we head towards Easter this demand traditionally will get white hot as the Cote d'Azur becomes the focus of the rich and famous as we head towards summer and the need grows to have that luxury villa bought and paid for in time for the season.

There are also those who want apartments and who will fight over the very few properties that exist around the famous port and along the "Quai d'Honneur" around the Bastide and towards the Place des Lices which is the center of the village. Townhouses also occasionally become available in St Tropez as well as the traditional fishermans house in Port Grimaud (another favourite of those in the boating and yachting fraternity).

The Var is certainly a beautiful place to buy villas, apartments, Mas or old farmhouses and even vineyards but Saint-Tropez is rightfully named the "Jewel of the Var" and is very much the center for realty transactions together with the huge demand for "location saisoniere" or summer rentals for the luxury seeking crowds who will descend this year to bask on "les Plages" (St-Tropez beaches) including the most famous Pampelonne and Ramatuelle in general.

Brigitte Bardot certainly started something when she made the place famous but probably had no idea the effect she would have on real estate prices in later years which range from just under €1M for a small apartment to over €100M for some of the luxury estates that occasionally become available to purchase. Expect to pay several tens of thousands to rent anywhere interesting also.

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The best St Tropez real estate or Saint-Tropez Immobilier available is here to tempt you, simply contact us, tell us what you want and leave the rest to us...
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