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25/03/2021

Overview of viager on the French Riviera

The market is constantly evolving. The expertise of leading players is essential, as [viager](/definition-du-viager/) is not a solution for everyone. Clients must be supported on a case-by-case basis.

The French Riviera remains a highly sought-after region. However, we observed a certain wait-and-see attitude during the year, due to the political context. Sellers are people who have no heirs, or who wish to organize their inheritance before the end of life, with the idea of financially helping their loved ones.

All properties are concerned. Buyers seek to invest in bricks and mortar, and this remains one of the best ways to invest in the medium term. If done for retirement, unlike traditional savings, the advantage is being able to choose how the property will be used: rent it, sell it, resell it in viager, or live in it.

80% of buyers simply want to invest their money. The 35-40 age group is increasingly investing in viager properties to build wealth.

"The French Riviera remains a highly sought-after region," analyzes Venance Gaymard, Viager Europe director in Nice.


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