An increasing number of global fortunes are forsaking coastal villas in favour of residential superyachts. Analysis of a trend redefining luxury on the Côte d'Azur.
A quiet revolution is transforming the luxury landscape on the Côte d'Azur. The greatest fortunes no longer settle for €100 million villas — they invest in floating residences offering freedom, mobility and absolute discretion.
The Relative Decline of the Coastal Villa
Owning a villa on Cap Ferrat remains an ultimate status symbol, but these properties carry growing constraints: high local taxes, strict planning regulations, media exposure and maintenance costs reaching €500,000/year. A superyacht registered in the Cayman Islands or Bermuda escapes most of these while offering equal — or superior — comfort.
The Rise of Residential Superyachts
Shipyards like Lürssen, Feadship and Benetti now build yachts designed as permanent residences: 200 m² master suites, full spas, private cinemas, toy garages housing jet-skis and personal submarines, and helipads.
Mobility: The Decisive Argument
A superyacht offers what no villa can: freedom to follow the seasons. Côte d'Azur in summer, Caribbean in winter, Eastern Mediterranean in spring — a mobile luxury residence following the sun and major events.
The global superyacht market reached a record 900 orders on the books in 2024. Yachts over 80 metres represent the fastest-growing segment. Average cost of a new 60-metre: approximately €80 million.
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