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The French Riviera property market is one of several that are attracting new bargain investment hunters and second home buyers, experts have said.
France’s Mediterranean coast is one of the favoured areas, along with Tuscany, for buyers looking to take advantage of recent price falls, Property Wire reports.
The news provider quoted chief executive of Sotheby’s International Realty in France Alexander Kraft stating: "There are more properties coming onto the market in top destinations than we have seen for a very long time. There are good deals to be found."
And director of property consultancy Ledbury Research Marc Cohen stated that the shift in the market will boost younger buyers.
Such comments echo those of Georgina Richards from property firm Knight Frank last month.
She told the Independent that areas such as the south of France are being increasingly targeted by bargain hunters.
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