Firstly, the sustained demand for luxury properties and second homes on the French Riviera contributes to maintaining both demand and prices in this coveted region. National and international investors continue to seek real estate in renowned tourist destinations like Nice, Cannes, and Saint-Tropez, thus stimulating the local market.
Moreover, the exceptional quality of life offered by the French Riviera, with its Mediterranean climate, picturesque landscapes, and high-end leisure infrastructure, continues to attract potential buyers. This increased attractiveness helps sustain demand for real estate in the region, despite broader economic fluctuations.
Finally, local urban development and land use policies can also play a role in the stability of the real estate market on the French Riviera. Initiatives aimed at promoting investment in residential and commercial real estate, as well as measures to preserve the region's unique character and appeal, can support the continued growth of the local real estate market.
Overall, while Paris faces challenging times in the real estate market, the French Riviera continues to shine thanks to its sustained demand, tourist appeal, and strategic urban development policies.