Luxury Property Index October 2011
Nov - 08 | 
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Luxury Property Index October 2011 :“Boost in French Riviera Holiday Home Sales”
The number of properties for sale on the Cote d’Azur priced over €1m decreased by 8.89% in October. It is expected that the sale of luxury properties will continue to increase however as prices are coming down.
> The average price for a luxury property has dropped by 3.76% due to the euro-crises and new tax laws
> Property sales have increased by as much as 8.89% since September, mainly due to property price reductions
> Quality property in prime location is still in strong demand