Increase in air travel to benefit French property market

June 1, 2011 6:24 AM EDT

An increase in air travel of 9.1 per cent to France's Nice Cote d'Azur airport could be the incentive that property investors are looking for, it has been suggested.

Charlie Williams, business development manager of developer Terresens, said that investing in the French Riviera should be viewed as "common sense", adding that the high level of tourists the region attracts means that high rental yields can be achieved.

"The abundance of annual conferences and events taking place especially in Cannes, make the south of France an excellent choice for your overseas property investment," he explained.

Mr Williams noted that the short distance to the UK and the rest of Europe has made France one of the most popular choices for investment property buyers in the world.

The south of France, he added, is a prime example, with the airports of Nice and Marseille offering easy access to the French Riviera all year round.

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