BusinessWeek recently reported a cost per square foot analysis on various real estate markets across the world. They reported that St Jean Cap Ferrat, France on the French Riviera boasted a whopping $5,853 cost per square foot, and Portofino Italy, on the Italian Riviera boasted a $2,692 cost per square foot. Santa Barbara, California is so often referred to as the American Riviera that its actually trademarked the name. In Santa Barbara, there are several beautiful homes for sale with fantastic ocean views that can be bought for $1000 per square foot or less.
There is a beautiful French Country home of approximately 6,500 square foot that is presently listed for sale in Santa Barbara at $5.5 million, or $846 per square foot. This home features high end, quality construction and boasts some of the very best ocean, island, harbor and city views in Santa Barbara.
A recent sale of a 9,000 square foot gated estate on 3 acres with fantastic ocean views recently sold at $1000 per quare foot
Santa Barbara has been so frequently compared with the French and Italian Riviera that I have and will continue to travel to these destinations so that I can make a fair comparison to Santa Barbara. All 3 areas are absolutely amazing, but there is a striking difference.
The Italian and French Riviera are predominantly vacation destinations. While many people visit Santa Barbara as a vacation destination, Santa Barbara is also a thriving residential community located just 90 miles from Los Angeles. Streets are wide, and easily accessible. Cars move without effort throughout Santa Barbara. Traveling by car in Europe is not quite as easy. This is a huge diffentiating factor, as daily needs for various errands are easily attended to in Santa Barbara. Additionally, the air quality and overall cleanliness is superior in Santa Barbara.
Based on the cost per square foot analysis, you would pay as much as nearly 7 times more for a home on the French Riviera, and 3 times more for a home on the Italian Riviera, but the quality of life in terms of daily tasks and the overall cleanliness of the environment might be more difficult. Santa Barbara affords all the beauty, the magnificent views, and similar weather, and also provides for a much more convenient quality of life.
For more information on homes available for sale in Santa Barbara, contact Wendy Elizabeth Gragg, President, Distinctive Real Estate at 805.565.0246 or WGragg@DistinctiveRealEstateOnline.com or browse Santa Barbara homes for sale at www.DistinctiveRealEstateOnline.com
Santa Barbara has been so frequently compared with the French and Italian Riviera that I have and will continue to travel to these destinations so that I can make a fair comparison to Santa Barbara,thanks for sharing this if you want visit our site.
by:stephen
Posted by: real state philippines | January 06, 2009 at 10:59 PM