Hartlepool, United Kingdom (PressExposure) March 11, 2009 -- Property Abroad.com Ltd has announced the addition of a new off plan property in Nice. The development offers off plan apartments in the heart of Nice from little over Â£100,000. The portal expects that the property will sell well, and will become a shining example of the investment potential of Nice property. Erin Scott, director of market trends for the portal said:
"Properties in Nice and other parts of CÃte d'Azur continue to see sales at a steady level, and this is without sellers having to make any massive price reductions. The new off plan apartments -- as is expected of off plan developments -- are being offered at slightly below what their market value will be when completed. That doesn't tend to mean much these days, but as Nice properties are selling well it means the new apartments have instant equity".
"France property is the second most popular at the moment, both in terms of visitors to our site, and searches. According to our market analysts this is because of the volume of people looking for a bargain holiday home, outweighing the number of potential investors. That said the investors are still there, awaiting price reductions and/or a strengthening pound/weakening Euro. Nice properties at low prices such as this may force them to take the plunge."
The development is being built close to the Marina in Nice, and consists of 44 apartments, studios and 1 bedroom. Some of the apartments have office space, and all have either a terrace or a balcony.
Property Abroad have many more properties in France, including dozens in CÃte d'Azur and several in Nice.
The portal is advertising a 1 bedroom resale apartment overlooking Cannes, (where they hold the great film festival), for Â£150,000. The apartment has a private pool with incredible views. Properties in exclusive locations like this continue to sell for their market value or even above their market value.
About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.
To find out more contact the team at: firstname.lastname@example.org