Edouard VII : A wafting breeze of dynamism
In January 2012, Andrea Tarabusi and Dario Griffone, each with 10 years of experience in real estate, founded the Edouard VII agency, now among the leaders in the Menton and Roquebrune-Cap-Martin sectors. Andrea Tarabusi takes stock of their achievements..
With two adjacent offices in Menton, one dedicated to sales, the other to rentals and rental management, a second agency in Roquebrune-Cap-
Martin at the gateway to the Principality of Monaco, Edouard VII radiates across the French Riviera from Menton to Villefranche-sur-Mer via Beausoleil, Cap d’Ail, La Turbie, Eze, Beaulieu-sur-Mer and Saint-Jean-Cap-Ferrat.
Professionals with perfect mastery of French, Italian, English and Spanish offer their discerning advice for both sales and acquisitions, rentals and rental management - from studios to prestige villas - not forgetting to assist their clients in their administrative, banking, tax and notarial procedures.
If refurbishment is required, the agency relies on a solid network of craftsmen, experts in renovation and home staging. Currently, sales are doing well, from 1-bedroomed apartments to villas priced around 1.5-2 million euros. Italians are making a big comeback on the investment front, ready to pay 120,000 to 250,000 € for a studio or 1-bedroomed apartment, preferably to renovate, and capable of giving a targetted yield of 6 %.
Anglo-Saxons fond of holidays and residents of Monaco set their sights on villas with the same enthusiasm. Recently, a house of 200 m2 in grounds of 1,500 m2 in Les Hameaux de Roquebrune, offering panoramic views of the sea and hills, found a taker at 1,890,000 €. Despite the healthcare crisis, dynamism is still very much on the cards in the eastern part of the Alpes-Maritimes.