VILLEFRANCHE-SUR-MER, A VERY ACTIVE MARKET

Separated from Nice by Mont-Boron, Mont-Alban and Mont-Vinaigrier, this town laid out like an amphitheatre facing the Mediterranean is only 10 km from the radiant Principality of Monaco. Rising up above its bay, this lovely town offering picture-postcard scenery wins everyone’s votes.

This luxury property on the private Domaine du Castellet offers living space of 300 m2 (5 suites) in grounds of 2,000 m2. More than 15 M €. Savills French Riviera (04 93 76 80 80).

This luxury property on the private Domaine du Castellet offers living space of 300 m2 (5 suites) in grounds of 2,000 m2. More than 15 M €. Savills French Riviera (04 93 76 80 80).

In a quiet spot between the Lower and Middle Corniches, this villa in Florentine style offers living space of 550 m2 in landscaped grounds of 1,800 m2 with a pool and outdoor kitchen. A spa, gym, massage room, hammam, sauna, and no fewer than two elevators are among its amenities. 15 M €. Blue Immobilier (04 93 01 01 61).

In the residential neighbourhood of La Barmassa, this villa of 175 m2 comes with wide terraces, an independent studio and a large garage. 2,9 M €. Century 21 Lafage Transactions (04 93 04 00 40).

Sheltered from the wind thanks to its tall cliffs, Villefranche, inhabited since the Age of Antiquity, boasts one of the deepest natural anchorage areas in the western Mediterranean. A favourite destination among cruise passengers, it stretches from the shoreline to Mont Leuze, rising to an altitude of 577 metres. Three “corniche” roads cross Villefranche east to west, offering panoramic views of the sea from different heights. Out of the 5,150 homes in this picturesque town, almost 40 % are second residences.

“Its topography allows Villefranche to offer many points of view of the village, the bay and Cap Ferrat,” says Jean-Philippe Costa of Blue Immobilier. Villefranche-sur-Mer offers both residential areas and some exceptional addresses. Starting with the Avenue des Serres, acclaimed for its sunny outlook and view, Avenue Louise-Borde with its large properties, and Avenue Léopold-II with its famous “Léopolda” and “Saint-Segond”, undoubtedly the most exclusive villas in Villefranche, while the equally renowned “Schiffanoia” is now suffering somewhat from ageing. One client recently paid 15 M € for a plot of 1,400 m2 on the second row, with a house undergoing construction, backing onto woods of just under 2.5 acres in the neighbourhood of Les Serres. Since entrusted to a South-African firm of architects, the project provides for living space of 1,400 m2 with high-spec appointments. If it came back onto the market, the property could well fetch around 50 M €. North European buyers are particularly active, with Italians making a noticeable comeback. The very typical Old Town of Villefranche attracts those looking for pieds-à-terre, ranging from 500,000 to 1 M€. The area directly below the Col de Villefranche has witnessed several operations undertaken by property dealers. Les Cistes, below the fortress, then plays host to about ten quiet houses in the maquis, facing both the Bay of Angels and Cap Ferrat. One example of 250 m2 to be transformed into a residence of 350-400 m2, and likely to be worth 5 M € when the work is done, found a taker at 2.2 M €. One can hardly talk about Villefranche without mentioning Le Castellet. “This select estate is suffering from disenchantment among the owners,” regrets Jean-Philippe Costa. “It could be shown off to better advantage, enhanced by a new gate or services. Something Le Val des Costes in Saint-Laurent-d’Eze has succeeded in doing.”

“The market is doing very well,” confirms Alex Balkin of Savills French Riviera. Prices practised in Villefranche are more realistic than those applied in neighbouring Cap Ferrat. Outstanding sales are synonymous with stun­ning views of the sea and generous surface areas - ie. living space of over 500 m2. A benchmark example worth around 15 M € in Villefranche may well be priced from 20 to 25 M € on this peninsula blessed by the gods, depending on its location, and even more for properties right at the water’s edge. In the so-called “exceptional” category, the trend is clearly towards vast open spaces, particularly sought-after by residents of Monaco. Rarer in Beaulieu-sur-Mer, residences with swimming pools have their fans, offering studios at 200,000 € to renovated apartments of 150 m2 with terraces and panoramic views of the Med at 1.5 M €. In these cases, buyers are more likely to use their cars, whereas in the centre of Beaulieu everything can be done on foot. Most buyers are looking for holiday homes, whether apartments from 700,000 to 800,000 € or villas from 2.5 to 3.5 M €, the sum required, for example, for a house of 240 m2 in need of a revamp, in grounds of 2,000 m2 on the Grande Corniche. Buyers now benefit from a wide choice : they make lots of visits, compare and bargain.

“Currently in high demand are 2-bedroomed apartments with terraces, sea views and, if possible, in very good condition, benefiting from access to the pool of a residence near amenities,” says Benjamin Mondou of Century 21 Lafage Transactions. “On January 3rd alone, the agency in Villefranche received three enquiries from couples in search of holiday homes, French, English and Swedish, prepared to pay from 600,000 to 1 M €.” In general, buyers are looking with no particular preference for properties on Cap de Nice, Mont-Boron or in Villefranche-sur-Mer. Villas also draw fans of the contemporary style, ready to part with 3 to 4 M €. At the top end of the scale, from 5 to 20 M €, activity is also picking up. Which is also true for Beaulieu and Cap Ferrat, except that here the starting price for luxury is 10 M €. “2017 saw a 15 % rise in turnover and also a higher number of transactions. There is no longer any “low season”. Even at Christmas, numerous Italians stepped inside our agencies, undoubtedly the result of two decades of being active in the area and belonging to international networks.”

By Laetitia Rossi

Announces of interest

VILLEFRANCHE-SUR-MER
Price : 1 999 000 €
Property for sale - 6 rooms - 900

Exceptional Italian Villa near MC - PRICE REDUCED

Magnificently appointed Italian style villa in the mountains above Bordhighera, Italy. Authentic feel with modern amenities. Completely renovated from top to bottom with 5 bedroom, 6 bathrooms +... Ref : POWERS2ITV0113 - 22/02/2018

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VILLEFRANCHE-SUR-MER
Price : 1 650 000 €
Apartment for sale - 3 rooms - 100

Appartement Villefranche avec vue Mer

Stunning apartment of 100 m2 with luxury features and panoramic sea view. Located in a residence with pool two steps away from the sea, this property comprises a lounge opening out onto a terrace, a... Ref : 1471901 - 22/02/2018

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VILLEFRANCHE-SUR-MER
Price : 4 950 000 €
House for sale - 7 rooms - 295

Villa in perfect condition with amazing view

Situated on the heights of Villefranche-sur-Mer in a very quiet and residential area, the villa of 300 sq.m. is facing South and offers a magnificent sea view. Being in perfect condition, it... Ref : V1119SJ - 22/02/2018

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VILLEFRANCHE-SUR-MER
Price : 4 400 000 €
House for sale - 6 rooms - 340

Contemporary Villa in Domaine du Castellet

This contemporary villa is located in Domaine du Castellet, a secured estate in Villefranche-sur-mer just 15 minutes by car from Monaco and Nice International Airport. The villa is composed of a... Ref : PP-17011 - 22/02/2018

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VILLEFRANCHE-SUR-MER
Price : 1 680 000 €
House for sale - 8 rooms - 227

VILLEFRANCHE SUR MER - VILLA FOR SALE OF 227 M2 - SEA VIEW -...

Villefranche Sur Mer, in a green and peaceful area, very nice Provencal property of 230 m2 , on a land of more than 1.500 m2. South facing, quiet , beautiful view on the sea and Cap Ferrat. Very Nice... Ref : N-37330 - 22/02/2018

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1004783
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VILLEFRANCHE-SUR-MER
From 5M€ to 10M€
House for sale - 8 rooms - 370

Spendid Palladian villa in a gated estate, with sea view from all...

Amazing palladian style property newly constructed, situated in a gated domain, of 370 m² excluding annexes on manicured grounds of 2 311 m². The villa offers from every room beautiful views... Ref : 9155 - 21/02/2018

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VILLEFRANCHE-SUR-MER
Price : 330 000 €
Apartment for sale - 3 rooms - 72

VILLEFRANCHE SUR MER - 2 BEDROOM APARTMENT FOR SALE OF 72 SQM -...

Villefranche sur Mer: Down town, close to all amenities, in a Nice style building, on the last floor, an angle 2 bedroom apartment of 72 sqm, bright, enjoying a sea view. It is composed of a hall, a... Ref : V-4025 - 21/02/2018

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VILLEFRANCHE-SUR-MER
Price : 848 000 €
Apartment for sale - 4 rooms - 105

VILLEFRANCHE SUR MER - APARTMENT 3 BEDROOM OF 105 M² - FOR...

Villefranche Sur Mer, in a standing residence with garden, swimming pool and tennis, beautiful 3 bedroom apartment of 105sqm, beautiful condition. this apartment is composed of: hall, living room of... Ref : N-37399 - 21/02/2018

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