Cavalaire-sur-Mer, a jewel of the French Riviera, is rich in history, from immaculate beaches to historical sites such as the Gaoutabry dolmens. Situated between Marseille and Nice, the town offers a perfect harmony between the natural beauty of the coast and the luxury of a worldly life. Located close to Saint-Tropez, its geographical location makes it a privileged place for acquiring a luxury home.
The Luxury Real Estate Market in Cavalaire-sur-Mer
The high-end real estate market in Cavalaire-sur-Mer is strong and stable, with consistent demand matching the current supply of luxury homes and apartments. The political and economic situation is stable here, making it conducive for real estate investment. On average, the real estate commission that a buyer has to pay when purchasing a house in Cavalaire-sur-Mer is 5% of the purchase price.
Additional Costs for Purchasing a Luxury Home
When buying a luxury home in Cavalaire-sur-Mer, additional costs to consider are the transfer duty (which is about 6% of the purchase price), the real estate agent's commission, notary fees, and building inspection costs. In case of profit made when selling a house, there is no tax on profit for a main residence, but a tax is applied to houses sold as second homes.
Mortgages and Financing in Cavalaire-sur-Mer
Generally, to obtain a mortgage for purchasing a house in Cavalaire-sur-Mer, a down payment of 20% to 30% is required, as well as proof of sufficient income. The maximum amount you can obtain in a mortgage depends on your income and total debt.
Residential Areas and Accessibility
The most sought-after residential neighborhoods in Cavalaire-sur-Mer for luxury homes include Cavalaire Bay and the surrounding areas. Cavalaire-sur-Mer is easily accessible by road, and is just a short drive from Saint-Tropez. The nearest town, Toulon, is about 40 km away.
Living in Cavalaire-sur-Mer
With a population of about 7,000 people, Cavalaire-sur-Mer is a small town with a lot offer. Residents enjoy a variety of landscapes, including the sea, beaches, and mountains. The climate is Mediterranean, with hot summers and mild winters. Cavalaire-sur-Mer offers a range of sports and outdoor activities, including scuba diving, hiking, and sailing. For luxury shopping enthusiasts, numerous shops are available, including luxury brand boutiques. Gourmet restaurants abound, as well as several luxury hotels and a vibrant nightlife.
Infrastructure and Public Services
Cavalaire-sur-Mer is well-served in terms of public infrastructure, with good road and rail connectivity. Several hospitals and clinics are nearby to meet the health needs of residents. Nearby schools, colleges and universities provide good options for education. The city is also rich in culture, with several museums, art galleries, and theaters available to residents and visitors.
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