A chalet in the French Alps, a quirky apartment on the Costa del Sol or a cosmopolitan townhouse in Lisbon – each of these are popular second-home locations, but have you ever wondered, what’s the best place for a second home?

Luckily enough, global real estate provider Savills has just published its annual Prime Residential Index for 2023, which outlines the world’s best second-home locations.

Today we’ll be taking a look at the top three destinations to enjoy a spot of European sun.

The Côte d’Azur

More commonly known as the French Riviera, the Côte d’Azur takes the number one spot. This comes as a result of its “strong offerings across all categories.” The index takes into account a range of factors including residential prices, leisure offerings, hospitality and global connectivity.

If you’re looking for somewhere to appreciate and bask in the warm temperatures of the European sun, there’s nowhere better. It offers stunning natural landscapes, azure blue seas, excellent transport links and great hospitality. Life on the French Riviera seems to be a holiday, so it is a fabulous location for a holiday home!

Property on the Côte d’Azur

Here on Rightmove Overseas, we have over 5,000 homes available in the Provence-Alps-Côte d’Azur region. They range from modern off-plan homes with completion dates no later than 2025. Plus, a stunning selection of spacious, luxury mansions for those with bigger budgets.

Would you consider buying a holiday home with friends or family? Download the essential guide today.

Or perhaps what you’re looking for on the Côte d’Azur, is a beachside townhouse or apartment, to come and go as you please? Find your dream home on the stunning Côte d’Azur today.

Browse properties for sale on the Côte d’Azur

 

Monaco

Not too far from Côte d’Azur, elegant Monaco snaps up our number two spot. Nestled along the coast of the French Riviera, Monaco is a haven for the world’s most discerning individuals seeking absolute luxury. They’re attracted by the affluent lifestyle many come to Monaco to enjoy.

The glamour and the allure of Monacao add to the firm offering Monaco brings t holiday homeowners. It offers an enjoyable lifestyle, access to all amenities and is well connected to many different hotspots across the globe.

Property in Monaco

While there’s certainly a certain degree of grandeur to homes in Monaco, they attract none other than the most affluent individuals. The average sale price per square metre in Monaco is €50,982 – making it one of the most expensive hotspots in the world.  However, there are a range of one-to-two-bedroom off-plan apartments in development for less than €400,000.

Note: If you wish to spend more than three months in Monaco each year, you will need to apply for a residence permit. Read more here.

Browse properties in Monaco

Mallorca

Taking the fifth spot overall, but the third-best destination for a second home in Europe is Mallorca. Located on Spain’s Balearic Islands, Mallorca is one of the most sought-after destinations for international buyers to find property. Due to being an island, there’s plenty of opportunity to enjoy the beach in Mallorca and there are also several championship golf courses.

There is also a range of visas available in Spain and thereby Mallorca. It’s likely it will introduce the digital nomad visa which is a viable option for anyone able to work remotely.

Property in Mallorca

Prime residential spaces in Mallorca have an average of €11,600. With just under 5,000 available properties for sale in Mallorca on Rightmove Overseas, the world is your oyster! From detached villas with a pool and room for all the family to modern apartments by the beach and townhouses close to all amenities, there’s something for everyone in Mallorca.

Find your dream holiday home in Mallorca today

 

Written by PropertyGuides for Rightmove.

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