This data has been revealed by Savills, a company operating in the field of real estate. As the agency's experts note, this is due to the large volume of supply in this market. They have specified that the amount of the discount can vary from 10% to 30%.
At the same time, experts indicate steady dynamics of lower prices in this real estate sector on the Cote d'Azur. So, over the past seven years, average prices for transactions exceeding 10 million euros have fallen by 40%.