EUROPA, A BREEZE OF OPTIMISM

After 10 years’ experience in real estate, Guillaume Garnier joined the Agence Europa in 2018. A team of ten experts in high-end properties and enviable addresses, mainly around the bay of Cannes and its back-country, on the Estérel hills or Cap d’Antibes.

For an affluent and demanding clientele, “location” remains the top priority. For this specialist in sales of villas, the market segment starts from 1 million euros to reach 3 to 6 million euros. One French client, for example, has just treated himself to a contemporary villa priced at 3 million euros in Lower Californie, within walking distance of the centre of Cannes, offering living space of 260 m² in grounds of 1,000 m².

Before the pandemic, foreigners comprised the large majority of buyers in the market for properties over and above 5 million euros. Since then, French buyers have attained the level of 60 %. Germans, Belgians, the Swiss and Scandinavians are very fond of Cannes, just like Americans who are making a big comeback with budgets of 2-3 million euros or on the ultra-luxury market exceeding 10 million euros, motivated by a strong dollar, and previously supported by East Europeans. Thanks to the “flex office” and the dynamism of the Nice Côte d’Azur international airport, Europeans are regularly settling here in semi-main residences.

Built in 1925 by the well-known architect Barry Dierks, this property at the water’s edge on the Pointe de l’Esquillon in Théoule-sur-Mer offers living space of 300 m² in grounds of 6,119 m². 18 M €.

On an estate in Super-Cannes, this villa of 350 m² stands in grounds of 1,967 m² at the edge of a wooded 32.11-acre park. It enjoys enchanting views of the sea, from the Alps to the Lérins Islands. 7.250.000 €.

Guillaume Garnier is in charge of sales of villas at the Agence Europa. Europa, 2 boulevard de la Croisette, 06400 Cannes (04 92 98 98 98).

Properties right at the water’s edge top the bill. One of them has just found takers at 10 million euros in Théoule-sur-Mer. A real balcony overlooking the Mediterranean, it offers living space of 600 m² in need of a revamp, in grounds of 2,428 m². An azure-blue view also has its fans. As witnessed by a new contemporary villa of 440 m² in Super Cannes which sold for 9 million euros, fully decorated, furnished and equipped, in grounds of 2,300 m² facing Cap d’Antibes. While financial year 2021 was indeed exceptional, the market is still remarkably active despite the scarcity of available properties. Acquisition of second residences is seen as a sound long-term investment, testifying to the quality of this address.