New Nice Property has Instant Equity

March 9, 2009 - PRLog -- The portal expects that the property will sell well, and will become a shining example of the investment potential of Nice property. Erin Scott, director of market trends for the portal said:

"Properties in Nice and other parts of CÔte d'Azur continue to see sales at a steady level, and this is without sellers having to make any massive price reductions. The new off plan apartments -- as is expected of off plan developments -- are being offered at slightly below what their market value will be when completed. That doesn't tend to mean much these days, but as Nice properties are selling well it means the new apartments have instant equity”.

"France property is the second most popular at the moment, both in terms of visitors to our site, and searches. According to our market analysts this is because of the volume of people looking for a bargain holiday home, outweighing the number of potential investors. That said the investors are still there, awaiting price reductions and/or a strengthening pound/weakening Euro. Nice properties at low prices such as this may force them to take the plunge."

The development is being built close to the Marina in Nice, and consists of 44 apartments, studios and 1 bedroom. Some of the apartments have office space, and all have either a terrace or a balcony.

Property Abroad have many more properties in France, including dozens in CÔte d'Azur and several in Nice.

The portal is advertising a 1 bedroom resale apartment overlooking Cannes, (where they hold the great film festival), for £150,000. The apartment has a private pool with incredible views. Properties in exclusive locations like this continue to sell for their market value or even above their market value.

About Property Abroad

Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact the team at: info@property-abroad.com

Property Abroad LTD
182 York Road
Hartlepool
TS26 9EA
www.property-abroad.com

Chief Marketing Analyst
Liam Bailey
liam@property-abroad.com

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Overseas property portal with more than 70,000 properties for sale direct from agents, developers and private sellers across the world. Buyers guides, maps, country guides, articles and useful information on buying a property abroad.