St. Tropez Property Market and Real Estate Guide
(St. Tropez, Provence-Alpes Cote d'Azur, France)
For many, St. Tropez conjures up images of red, orange and pink-toned townhouses overlooking million-dollar yachts parked in the port. This glorified tourist village has been the haunt of celebrities for decades, and its charm and status continue to attract the rich and famous.
You will get less for your money here than elsewhere in France, with small apartments being among the most affordable properties, while the private hillside villas that surround the resort town are in the league of millionaires only.
Expats that can afford a second home or an extended stay in this playground of the wealthy will enjoy year-round mild to hot weather, a vibrant social scene and a beautiful coastline, along with easy access to the likes of Nice
. Property around the port and beach areas is among the most expensive in the Côte d'Azur, but those with cash to splash rarely grumble at the chance to own digs overlooking the likes of Pampelonne Beach.
Despite a recent drop in sales, the property market in St. Tropez is still one of the country's most active. During the peak summer months of July and August, expect nothing less than premium rental rates and an increase in population by tenfold. The budget-conscious can take solace in winter holiday-lets at reduced prices.
Renting Serviced Apartments
Gîtes (self-catering accommodation), are the most popular form of apartment in St. Tropez, although these properties are rarely equipped with the type of services one might expect from a regular serviced apartment. Instead, they are designed for the most part as holiday lets, rather than long-term rentals.
Beachside apartments are in high demand, with studios often being the most affordable. Prices drop away from the port and beaches, but remain high in the exclusive hills surrounding St. Tropez, where many wealthy expats own homes. Expect to pay a deposit on any apartment rental and to book well in advance if visiting during the summer season, when apartments become fully booked and prices skyrocket.
Buying Apartments and Houses
Purchasing property in St. Tropez remains a good investment, particularly for those who intend to use the property as a second home or rent it out for part of the year. Property prices in St. Tropez have recently dropped, meaning good deals can be found. There are no restrictions on foreigners purchasing houses and apartments in St. Tropez.
Properties range from luxurious sea-facing apartments to private hillside villas with pools. The most luxurious properties fetch millions of Euro, with even portside apartments and small properties in enviable quarters like Sainte-Anne, Canebiers, Capon and Tahitioften valued at a couple of million. But it is possible to find better deals in the outlying villages like Ramatuelle, Gassin, La Croix Valmer and Grimaud.
Real Estate Agents
Real estate agents are an invaluable source in helping renters and buyers to distinguish the true value of a property, though tenants and buyers should be warned that sea view properties in St. Tropez are routinely over-evaluated.
Take your time in locating an English-speaking agent that will go to lengths to help you in your search for the perfect St. Tropez property. Agents here are used to dealing with expat buying more for pleasure than profitability.
Check out the following St. Tropez real estate agents:
Real Estate Modini
Address: 4 Avenue de Lattre de Tassigny, Sainte Maxime, 83120, France
Tel: +33 04 9455 7100
Yves and Stephane Modini have a wide range of affordable properties in the St. Tropez area, from apartments to villas and even building plots.
Address: 11 Rue Jean Mermoz, St. Tropez, 83990, France
Tel: +33 04 9497 0720
Offering an excellent range of prime location property in and around St. Tropez for both sale and rental.
Agence des Parcs de Saint Tropez
Address: Quai Gabriel Péri, St. Tropez, 83990, France
Tel: +33 04 9497 0051
Founded in the 1950s, this luxury real estate has an impressive portfolio of rental and sale properties across the peninsula.