The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries.
With at least 82 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France’s leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare.
Investors who choose to locate to the Côte d’Azur are choosing attractive ecosystems, a setting and lifestyle that draws in the very best talent. They’re also ensuring that their investments are incorporated into a high-performance national context that is open to foreign investment.
Low vacancy rates, high yields, a sustained transaction volume and pressure on new surface areas in the face of demand are the main characteristics of a Cote d’Azur market in full recovery. With yields of 7 to 8.5%, the Cote d’Azur business property market is highly attractive on the French and European markets.
The Great French Riviera’s share of secondary residences in mainland France is 11%, and 24% for sole foreign secondary residences