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Buying new construction on the French Riviera

On our luxury real estate portal, you will find 95% of the offers in new construction in the South of France. 

The supply of new construction in the South of France changes every day. Please inquire about the latest possibilities via info@livingonthecotedazur.com

We present all listings of high-quality new construction in the South of France, with apartments of different sizes and prices. The prices are the same as those of the project developer. You will receive Dutch service and guidance if you use our buying service.

Many properties are being built on the Côte d’Azur, but with the projects below, you can be sure they will be delivered with a Construction Guarantee. If you want to build a new villa on the French Riviera, we can also help you with that. It all starts with searching for land and, ideally, a plot with a permit.

Buy new construction in the South of France

Buy new construction in the South of France, whether a new villa or a beautiful new apartment. Newly built villas and apartments on the Côte d’Azur allow every buyer to make a solid investment for the future. There is a high demand in real estate for good-quality new builds, and unfortunately, only a few building plots are available on the French Riviera.

So, every time real estate developers find a new place, it is wise to act quickly. Otherwise, you will see the high-construction crane when it is too late. As soon as the crane is installed on the building site, construction begins, which means that 70% of the project has already been sold.

New construction in every style

We know where to find new-build properties before they hit the market, whether it’s a city villa in the centre of Antibes, a luxury new-build apartment in a large villa on the coast near Sainte Maxime, or a brand-new villa in Mougins.

At Living on the Côte d’Azur, modesty is a nice feature, but we dare to say that we are almost always the first to have an excellent selection of new projects in different sizes and prices.

Due to the modest construction size of most projects, only a few apartments are often available in a domain.

Buying a new build property in the South of France Côte d’Azur

France leads Europe regarding environmentally friendly construction and energy requirements, such as RT 2020. The mandatory energy class for project developers in 2017 was the highest, so all new homes and apartments are built with deficient energy consumption. With intelligent heat pumps and solar panels, you can save much money on energy to heat or light the building.

If you want to buy (or have built) a new villa on the Côte d’Azur, you must take a specific approach. Of course, most new-build developments are luxury apartments. But we do have them: the new villas. In villages like Biot, Cap d’Ail, Mandelieu, Mougins or Saint Maxime.

The best part of buying a newly built villa or apartment is that you can talk to the architect and builders and add some more walls in the way you want. Maybe you want a more oversized bedroom or an extra walk-in closet; things can be added or modified at the drawing stage for a small fee. Find your new-build villa and make it entirely in your style.

Newly built apartment Côte d’Azur

New apartments in the South of France are available at a wide variety of prices. A small studio in the centre of Nice can be found for up to 100,000 euros. On average, a two-bedroom apartment will cost about 400,000 euros. A new one-bedroom apartment can be found for around 300,000 euros.

The final price for new construction in the South of France depends on the area, the situation, and the distance to facilities such as shops and beaches.

If there is a swimming pool, you pay a higher service charge. The service costs are approximately calculated at 2 – 2.5 euros per square meter of living space for a primary residence and up to about 5 euros per square meter of living space for a house with a swimming pool and other facilities such as a tennis court.

Trends in design in new construction

Newly built apartments are usually modern in design and, as mentioned, energy-friendly. Trends are followed in the choice of materials; such as wood grain stone tiles or large 60 x 60 cm bathroom tiles. Sometimes, the developer builds new apartments in an old mansion or villa, following the original style of the building and specific design, as in an Art Deco villa in Cannes.

Each new-build apartment or villa has a perfect finish. After all, the architect must approve and report every step in the construction process. Only then can the next instalment be paid. So, the result will look much better in the brochure.

Roads, parks, walking routes, planting, everything is new, and the plants on the Mediterranean Sea are lovely to look at and smell.

Once you have the key to your new home on the Cote d’Azur, you will immediately feel at home. With lavender blooms around your nation or terrace, you know you are in the South of France.

Buy a new apartment on time

Buying a new apartment in the South of France is finding a local agent like us who will send you regular mailings about new projects.

If you want this, sign up for our French Riviera real estate newsletter. Some people wait until they’re in the area on holiday, but we must warn you: the chance of disappointment is high if you are looking for that new apartment on the top floor.

Apartments on the top floor are the most sought-after, not just because they have the best view. They are rare and, therefore, more valuable than apartments on the first, second, or third floors.

If you buy the top floor, you have a great asset for flipping.

Value increase after delivery

If you are a smart investor, you know that you can sell a new apartment from the day you have the keys. There are no restrictions on speculative investment, and profits of 30% are easily made this way.

If you don’t want to miss the top floor, contact Living on the Côte d’Azur and ask us to watch suitable projects for you.

We can make an instant reservation for you for three days, which is enough time to book a ticket and come over for the day. If you like it, you can even draw on the spot. Or later with a power of attorney by e-mail and post.

Buying process for a new villa or apartment in France

There is no other European country where a buyer is as well protected as in France. From the moment you are interested in buying a newly built apartment, French law is on your side.

When you have seen a specific apartment and agreed on a price with a parking space, garage, or garage box, this price is described on a preliminary purchase contract, also known as a reservation contract. This reservation contract can be signed under power of attorney or in the developer’s office.

Our customers are all from abroad, so it is not uncommon for the decision to buy to be made on the plane on the way home. Your first action will be to confirm by e-mail that you want to buy the new apartment or villa.

You must enclose your passport and your home address with this e-mail. If you are married, the civil-law notary will want to know whether you were married in the community or on a prenuptial agreement. You must also deposit within a week as a sign of goodwill.

Deposit to make the reservation

This deposit is generally 5% of the total price. We will send you the reservation contract by e-mail containing the most critical information, such as the names of the buyer(s), the description and price of the property, and your marital status.

You must print this in triplicate, initial and sign each page, and then we will go over this contract with you over the phone.

More and more notaries and project developers are using a digital reservation system like AR-24 or Docusign. The type varies slightly, but we will help you through the procedure.

Meanwhile, when your 5% deposit arrives in France, the developer will know that you are serious about the purchase. The contract is now signed by the project developer’s representatives.

By post or registered e-mail

You have another ten days to cancel the sale from the date you sign for receipt of the certified documents.

Do you want to cancel the purchase within ten days? No problem. You can send a registered letter and email to the project developer, and the money will be refunded within two months. You have another 60 days to find a mortgage when the ten days pass.

You can cancel the sales contract if you don’t get a mortgage. To this end, proof of two, sometimes a bank rejection, must be sent to the developer. You will receive your deposit back and will not have to pay any costs.

Guaranteed delivery

We all know the stories from the past where the project developer accepted your money with a smile and then left with the Noorderzon. Fortunately, times have changed; the down payment is made to the notary’s bank account, who also ultimately draws up the purchase contract.

During the progress of the new construction, the architect checks each completed construction phase. He/she gives his/her approval to the project developer, who then informs the buyer with a request to pay the next part.

The partial payments go directly to the project developer, up to the last 5%, which you only pay after the house inspection.

In the unlikely event the project developer goes bankrupt during construction, that is not a problem for you. With special insurance that functions as a Guarantee Fund, the progress of the new building is guaranteed, and you will receive the key on the agreed date, plus all guarantees agreed upon when booking.

To the notary in France

You will receive an invitation to sign at the notary as soon as you have a mortgage or the money. Depending on the last delivery date, this moment can occur between 1 and 6 months later.

The final contract is the same as the preliminary purchase contract at the notary. But now it’s real; you get the actual contract, a payment schedule, and usually, a bottle of champagne to celebrate that you are now part of the group of bon vivant in the most beautiful place in Europe: la Côte d’Azur!

During construction, we will be your eyes and ears on the ground. Specific wishes and/or progress of the building are carefully checked.

When the day comes when your keys are ready, we will be there to help with questions about water, electricity, internet, and alarm systems. We will also be available as your partner for your garden maintenance and seasonal rental, and we can introduce you to our network of professionals. Contact Ab and Jo for more information via email to info@livingonthecotedazur.com

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