In 2024, we published a blog post sharing our thoughts and experiences on what we believed was the best rental market on the French Riviera.
Now we’re back with an updated version. We have more experience, more data, and we’ve seen several regulatory changes since our last article.
So, let’s dive in.
First of all, I think the best way to frame this question is: the best market for you depends on your situation.
In this article, I’ll focus on Cannes, Antibes, and Nice, as these are the areas where we operate and where we have real data. There may be other towns that perform even better, but I’ll stick to the markets we know firsthand.
As background, we currently manage 50+ properties in the area and hosted over 1,600 guests during 2025.
Cannes is world-famous for its luxury lifestyle, beaches, and international events. With its glamorous reputation and high nightly rates during major festivals, it’s no surprise many investors believe this is the best place to buy.
Approximately 1.7 million visitors annually
Around 51% average annual occupancy
Highest prices on the Riviera during peak events
During events like the Cannes Lions Festival or the Film Festival, demand is extremely high — often much higher than during the normal summer season. Cannes Lions in particular creates significant pricing peaks, and we have seen rates reach 2–4x normal summer prices during those dates.
However, outside of these peak weeks, the picture changes. Occupancy drops, and filling properties becomes more challenging.
Owners who prefer occasional rentals at premium rates rather than year-round consistency.
Change-of-use permission required
Registration and tourist tax collection mandatory
Difficulty level: relatively easy (in our experience)
Antibes combines old-town charm with one of Europe’s largest marinas. It is a hub for both tourism and the yacht industry, creating steady rental demand throughout the year.
Around 1.75 million visitors (2024)
Average occupancy around 66%
Stable demand with fewer regulatory hurdles
While Antibes doesn’t reach the extreme event-driven pricing of Cannes, it performs consistently throughout the year. For us, it has proven to be one of the most reliable markets and a location we continue to invest in.
Investors seeking stable monthly income
Owners who prefer fewer regulatory complications
Registration required
Tourist tax collection mandatory
No change-of-use permission currently required
Nice is the capital of the Riviera and the largest rental market in the area. With over 4 million visitors annually and occupancy above 70%, it is a powerhouse for short-term rentals — if you are able to operate legally.
However, renting short-term in Nice is becoming increasingly regulated. We have an entire article covering the details, but here are the key points.
4+ million visitors (2024)
70%+ year-round occupancy
Strong and consistent demand
Nice is where we have seen some of the highest occupancy levels and most reliable pricing. At the same time, the city has introduced strict regulations and enforcement quotas, making it one of the most complex markets to operate in.
In some areas, quotas now exist, meaning only a limited number of short-term rental permissions are issued per zone.
If you receive permission — or if your property is outside these zones — you can apply for authorization allowing short-term rentals for a period of three years. During that time, you can rent freely.
After those three years, short-term renting is no longer allowed unless you meet the requirements for permanent authorization.
If you don’t have permission, you can still use alternatives such as mobility leases or longer-term rental variants, although the flexibility is not the same.
One interesting point to consider is permanent authorization. My personal opinion is that properties with permanent rental rights may increase in value over time, since legal short-term rental opportunities are becoming more limited in Nice.
Of course, that is only my perspective — always do your own research.
Owners who are comfortable with regulatory risk and complexity.
Change-of-use permission required (currently valid for 3 years)
Registration and tourist tax collection required
Only you can answer that — but hopefully this article has helped clarify some of the differences.
For us, Antibes and Nice are where we have seen the most growth, but opportunities exist across all markets.
We’re not just theorizing — we manage over 50 properties on the Riviera and are simply sharing what we’ve learned through real experience.
Thanks for reading, and see you in the next article!
— Emil, Owner of Monsieur Folke