Real estate: most expensive towns near Monaco
The three most expensive towns in France are to be found in the Alpes-Maritimes and the Var - © Côte d'Azur France
The French Riviera coastline is even home to the most expensive town in France.
On 1 May, the specialist website Meilleurs Agents shared its estimates of the average property price per square metre in a number of French towns.
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Once again, the Côte d’Azur has especially high prices compared to the rest of France. The Alpes-Maritimes department ranks among the areas with the highest average price per square metre, along with Paris, Hauts-de-Seine and Val-de-Marne. And if we look at the price map in detail, we can see that prices climb near Monaco, where the average price per square metre has passed the symbolic 50,000 euro mark.
But the award for the most expensive town on the Côte d’Azur and in France does not go to a Monegasque neighbour: first place goes to Saint-Jean-Cap-Ferrat, with an average price of 14,559 euros per square metre for flats and 20,454 euros per square metre for houses. Two towns in the Var, Ramatuelle and Saint-Tropez, complete the national podium, proving the Riviera’s strong appeal.
In second place in the Alpes-Maritimes, we find Cap d’Ail, with an average price of 9,404 euros per square metre for flats and 14,276 euros per square metre for houses.
In third place is Beaulieu-sur-Mer, with an average price per square metre of 8,020 euros for flats and 15,135 euros per square metre for houses.
Here is the rest of the ranking:
- Villefranche-sur-Mer : 8,228 euros for flats / 13,735 euros for houses
- Èze : 8,299 euros for flats / 12,258 euros for houses
- Beausoleil : 6,822 euros for flats / 10 ,757 euros for houses
- Roquebrune-Cap-Martin : 6,417 euros for flats / 10,795 euros for houses
- La Turbie : 6,042 euros for flats / 7,833 euros for houses
- Nice : 5,071 euros for flats / 6,253 euros for houses
- Menton : 4,914 euros for flats / 6,237 euros for houses