
Luxury real estate on the French Riviera is rarely associated with new developments — and this is one of the defining characteristics of the region.
The most important factors in property value here are location and view. The most prestigious areas have long been fully built up, which means new developments are rare.
Most new projects are constructed on available plots in the hills and often belong to a more mainstream segment, with ceiling heights around 2.5 meters and without the features typically expected in high-end properties.
For example, it is hard to find a truly modern new development directly on the waterfront in Nice — such opportunities are extremely rare.
When new developments do emerge in prime locations, they immediately fall into the ultra-luxury category.
A good example is 33 Croisette in Cannes, where prices start from around €50,000 per sqm.


