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The lobbying by the association of taxis continues, to try and increase the price of tram tickets from the airport to the city centre.
Nice has one of the most expensive taxi services in the world, and from the airport to the city centre costs €30-60 depending on your accent. An Uber costs €18-25 depending on "surge pricing" and the airport bus 98 costs €6 per person.
Trams in Nice cost €1/journey if bought on a ticket for 10 journeys, €1.50 if only for a single. The Mayor announced a couple of months ago that the airport tram would be the same price. The Mayor has now said that the prices would remain the same on all lines "for the people living in Nice".
The taxi union is putting maximum pressure on the council to introduce a special "tourist price" on tram tickets from the airport to dissuade them from taking public transport and opting for a taxi instead. We are now waiting for a final decision on this.
nicematin.com
En tout cas pour les habitants de la Métropole Nice-Côte d’Azur. Pour la desserte de l’aéroport, le tarif appliqué restera le même que pour la ligne 1. C’est-à-dire 1,50 euro le ticket qua...
Interesting case in Paris, not sure if it will have a knock-on effect in Nice, but the French judicial system have decided not to rule on an owner "illegally" (according to new legislation) renting out an apartment on AirBnb without registering it with the Town Hall. Instead, they have referred the case back up to the European Court of Justice.
The court case was brought against the home owner back in July 2018. The ECJ will render a judgement on whether the city can restrict a home-owners ability to rent some time early-mid 2020. Until then the Paris courts have decided to wait until the outcome. If this is the case in the highest court in the country, it is hard to see how a comparatively small city like Nice will be able to prosecute any of these cases.
Airbnb à Paris: les tribunaux français préfèrent attendre l'avis de la justice européenne
lavieimmo.com
La Cour d'appel de Paris devait se prononcer un litige entre un propriétaire sanctionné pour ne pas avoir respecter la réglementation sur la location ...
Works will start next month on renovating the Cours Saleya market in the Old Town. The project, costing €5m, will be divided into three areas.
The first is the flower market itself, getting a complete make-over. Instead of two rows of stalls, there will be 3-4 lines allowing an extra 260m² of stall space. The market will work until 2.30pm and restaurants will only be allowed to put out their tables from 6pm. Lighting will no longer be by streetlight but lights mounted on the building facades.
The second area is the square between the Cours Saleya and the Palais de Justice. This will get 28 market stalls, as well as a surround of palm trees.
The third is the street between the Ponchettes on the sea front and the Cours Saleya. This will be the most stunning transformation. Currently a hidden area where restaurants put out their bins, this will become 850m² of terrace space for the use of restaurants.
The last one starts next month and will be done by Christmas this year. The rest of the works will be done in phases to avoid disruption and will finish February 2021.
EN IMAGES. Voici à quoi ressemblera le cours Saleya en 2021, après son réaménagement
nicematin.com
Enfin, l'éclairage ne se fera plus au moyen de candélabres mais avec un équipement des façades. Deux phases sont prévues pour mener ce chantier de 1,95 million d'euros. Place Pierre-Gautier C'est...
The competition is feeling the heat from AirBnb, and the 2nd largest competitor has taken out a full page spread "sponsored" article in the local paper "Nice Matin".
With around 200,000 rentals in France, compared to over half a million on AirBnb, the article is from "Abritel - HomeAway". It ranks Nice as one of the cheaper places to stay still on the Cote d'Azur, and estimates that its owners make around €4,664/month on average through renting in Nice compared to €6,061/month average for the region. A lot of cheap Old Town rentals will be bringing down the average there.
It also advertises a "tool" that estimates your rental potential for your property but do not bother clicking on it. You answer a series of questions and end up with a form asking for your email and telephone number, whence somebody will get back to you with your "estimate". A cheap marketing trick that does not engender trust.
nicematin.com
Abritel® - HomeAway™ propose plus de 2 millions de locations de vacances uniques, dans 190 pays dont plus de 200 000 en France, avec une clientèle Française et internationale. Si vous aussi êtes...
The new underground tram system is making a lot of bus routes redundant. There was announcement by the Mayor a while ago that he planned to make the bus lane on Rue Marechal Joffre into a tree-lined cycle lane.
The town hall announced yesterday that they will transform the bus lanes on Rue Marechal Joffre, Rue Pastorelli, Rue Hotel des Postes, Rue de la Liberte, and Rue Buffa into cycle lanes, with hundreds of trees along them. There will be 6 new kilometers of cycle lanes built at the cost of €5m, with a thousand trees planted between Baumettes and Cimiez. Works will begin in June.
nicematin.com
Un pas de plus vers la trame verte en cœur de ville, annoncée dans le cadre du plan vélo, à la place des couloirs de bus des rues Joffre, Pastorelli, Hôtel-des-Postes, Liberté et Buffa. Ce jeudi...
Le Monde has done a full page spread on buying property in Nice. It talks about all the Universities, the high-tec parks new and old, and the effect of the new tram line and "Meridia" business park.
Interesting facts listed are the average price for a 1-bedroom/studio is €4,209/m², average rental is €16.80/m² for a one-bedroom/studio giving an average yield of 4.8% for long term rental. One-bedroom/studio properties make up 46% of the market. And prices have increased just under 10% over the past 10 years.
Overall very positive and encouraging coverage. It will be very interesting to come back and read this in a years time to compare.
Nice, un placement au soleil plein de promesses
lemonde.fr
Le marché locatif tourne à plein régime et la réalisation de nouvelles infrastructures de transports dope l’immobilier niçois.
Nice is currently the 5th most expensive city in France. The infographic in this link shows the prices in the Top Ten cities with over 100,000 inhabitants.
At an average of €4,210/m², it is way less than half the price of Paris at €9,958m². When the new tram line is completed at the end of the year, it will probably close that gap with Lyon just above at €4,591/m².
Immobilier : Aix-en-Provence dans le top 5 des grandes villes les plus chères de France
laprovence.com
Immobilier : Aix-en-Provence dans le top 5 des grandes villes les plus chères de France - Le prix moyen du m² atteint 3 922 euros à Aix, mais affiche une forte baisse par rapport à l’année pass...
No more Mr Nice Guy?
The mayor of Nice, Christian Estrosi, has decided to clamp down on unregistered AirBnb rentals. Out of 10,000 properties listed on the site, only one third have registered with the Town Hall. He is setting up an office to track unregistered and fraudulent seasonal rentals.
As mentioned earlier, unlike many other major European cities, Nice does not have a problem with people renting out on AirBnb. In announcing the new office, he was at pains to point out that he would not stop private owners listing their property. He says, "The practice allows alternative accommodation for tourists, and an additional source of revenue for owners. It is simply necessary to remember that [unregistered] it should not be a full time business".
As a private renter, you can rent it out without being taxed as a business up to 120 days per year if it is your primary residence. If a secondary residence, there is no restriction but you need to declare total revenue on your "Declaration d'Impot". Several clients have asked what the 90 day limit is. You cannot rent the apartment for more than 90 consecutive days to the same guest. After this, the rental contract falls under a different category.
Overall, the legal clarification for holiday rentals is great for the market and adds security. Just do not forget to register your apartment with the Town Hall.
La Ville de Nice durcit le ton contre les loueurs Airbnb
tribuca.net
Christian Estrosi a annoncé l’adoption d’une nouvelle réglementation concernant les locations de meublés touristiques afin de défendre les professionnels de l'hôtellerie.
French tenancy laws are famously protective of the renter. It makes investors very wary of buying property for long term lets.
AirBnb makes a lot of headlines for the right reasons, you can double or triple the revenue over a long-term rental whilst also using the property yourself, and sometimes for the wrong reasons when a city complains there is a shortage of local rental because of it.
Paris is particularly aggressive about this, trying to clamp down on AirBnb. Nice is very relaxed, as housing can expand more easily and locals prefer to avoid the "crowded" hot-spots tourists want to stay.
However it is ironic that the rush of landlords to holiday rentals, where you never know when your next booking will be, is because they feel more secure than renting out long term. This article in the local paper is an example of why.
An elderly gentleman bought an apartment as a retirement investment, and rented it out. However the renter stopped paying their rent and declined to leave the apartment when asked. The owner therefore asked the court to evict them. It took nearly three years, and cost €32,000 in lost rent as well as legal fees.
As a last blow, the evicted tenant left some old furniture in there which legally he wasn't allowed to touch. It took another court case and a further three months to get the right to throw out the furniture, at his own cost of course.
Until there is reform, I will continue to recommend holiday rentals as the best route for now.
nicematin.com
Gabrielle est propriétaire d’un deux-pièces, rue Joseph- Garnier, à Nice. Son investissement. Son seul bien. Elle avait pour locataire une dame de 75 ans. "Elle était parfaite, j’avais sympath...
Less British were buying in France last year. They dropped from 33% a couple of years ago down to around 26% in 2017/2018.
They are still the biggest buyers, followed by 19% being Belgian then 8% Germans. The amount of transactions in France over that period being foreign-owned holiday homes is around 1.6%.
Immobilier : plus d’acheteurs allemands, moins de Britanniques
lemonde.fr
Quasiment absent du marché immobilier français dix ans plus tôt, les Allemands sont devenus les troisièmes acheteurs étrangers non résidents.
France is AirBnb's second most popular country, and bookings DOUBLED last year.
When you rent out an apartment in France, AirBnb automatically collects a nightly tax on your behalf called the "Taxe de Sejour" which for Nice in 2019 is €0.60 per night. Last year AirBnb collected €24M for the government.
In first place by far was Paris, at €7.5M. In second place is Nice with €1.1M. Following are Marseille €1M, Bordeaux €600,000, Cannes €420,000 and Lille €300,000.
In other good news, starting 2019 all online rental platforms will have to collect this tax on your behalf. Until now you were in the ridiculous position of being legally obliged to fill in a form and declare it, even though you had to declare €0 as AirBnb collects if for you. Good luck in finding somebody in the tax department that can even find the form for you to fill in. This onus being removed makes your life easier.
Tourisme : Airbnb va reverser 24 millions d'euros de taxe de séjours à 23.000 communes françaises
europe1.fr
La plateforme de location Airbnb va reverser 24 millions d'euros de taxe de séjours à 23.000 communes françaises au titre de 2018, rapporte "Le Parisien". Un chiffre presque multiplié par deux par...
With the drive to pedestrianise the centre of Nice, and the well publicised fuel tax hike, it is rare for car owners to get good news here. However now there is!
The Town Hall is planning to turn all the delivery bays in all the streets into additional on-street parking. This will increase city centre street parking by 10%, an increase to 11,000 spaces.
You now get 30 minutes free wherever you park, but you still need to take a ticket. The number of free parking tickets issued last year were 2,500,000. The amount of parking fines issued went down by 30-40%.
Les 4 chiffres à retenir sur la réforme du stationnement à Nice
nicematin.com
10% C’est la hausse de capacité de stationnement prévue par la mairie avec l’utilisation des aires de livraison en heure de pointe. Le nombre de places payantes sur toute la ville s’élevera d...
We now know what will happen to the square behind the new underground tram station in Place Garibaldi, and the square where the building was demolished on Rue Segurane.
The mayor Christian Estrosi has announced they will be two luxury hotels. He says he is already in talks with hotel operators, though no specific operator or date has been decided. As mentioned previously, the building on the corner or Rue Segurane and rue Antoine-Gautier will be externally identical to the one demolished.
Deux hôtels de luxe devraient être construits dans le quartier du port de Nice
nicematin.com
C’est une des annonces faites par Christian Estrosi, ce lundi, à l’occasion d'une visite du chantier de la ligne 2 du tram, qui doit desservir le port d'ici l'automne. "Des discussions ont été ...
2018 was yet another successive record year for the number of passengers through Nice airport. Up 4% over the year before, there were 13.85 million passengers through the airport. Anecdotally, my property management contacts are telling me they have had a record year. Even the traditionally quiet months of November and December have been busy. With the launch of the new tram line this year from the airport to the city centre, Nice seems to be going from strength to strength.
L'aéroport de Nice bat un nouveau record avec 13,85 millions de passagers en 2018
nicematin.com
Il aurait suffi d'une semaine de trafic en plus et l'aéroport de Nice dépassait les 14 millions de passagers. Mais pour 2018, la plateforme azuréenne -deuxième de France- devra donc se "contenter"...
As of the 1st January 2019, AirBnb will automatically cut off your rental after 120 days if it is your main home.
This applies only to your main home, where you live at least 8 months per year. Holiday homes are not affected. After 120 days of bookings your advert will remain online but people will only be able to book starting the next year.
Cities affected by the new rule are Nice, Menton, Villeneuve-Loubet, Roquebrune-Cap-Martin and Saint-Paul-de-Vence.
It applies to those renting their entire home on AirBnb, the limit does not apply to renting out a room in your home. If you have not selected a category (primary or secondary home) it defaults to primary and the limit will be activated so ensure you select the correct one.
Any bookings made in 2018 for the year 2019 are not counted, the 120 counter only starts for bookings made after 1st January, so you may have more than 120 days booked this year if you have prior reservations.
Nice stays the French Riviera's top town, but Cannes overtakes Antibes to become no.2.
According to the national census just published, 2015-2016 saw Nice stable at 345,998, down just 58 people,but Antibes lost 1,137 compared to Cannes's180 putting them at 74,982 and 75,046 respectively.
Whilst Nice is 4.6x larger than its closest rival, after Antibes and Cannes are Grasse and Cagnes-sur-Mer with 51,705 and 50,385.
A few places you may have heard of but will be surprised at the size: Villefranche 5,146, Beaulieu 3,749, and Cap Ferrat with 1,637 people. The smallest on the census is Auvare with a scant 34 people.
Quel est le nombre d'habitants dans votre commune? On fait le point ville par ville ici
nicematin.com
Entre 2015 et 2016 (recensements effectués sur ces périodes, servants à établir les populations légales en 2018 et 2019), le classement des dix plus grandes villes des Alpes-Maritimes a changé. ...
Merry Christmas and I wish everyone a happy and prosperous New Year for 2019!
For those of you in the USA, I will be featuring on the new HGTV Home Hunters International series "Mediterranean Life" on the 1st January. I will be helping Eric and Joulet from New York find their dream home in Nice. Will I succeed? Tune in to find out! I will be watching the episode for the first time as well, and with the series attracting 25m viewers per month... no pressure 🙂
Perhaps some of you were wondering why an entire building just off Place Garibaldi has been demolished? The building on Rue Segurane, just metres away from the new tram stop to the airport, was deemed too fragile. Especially with the construction of the tunnel underneath. So it has been completely removed.
What is going in its place? A building that looks exactly the same! The area is under a strict preservation order, so it will be rebuilt to an identical size with the same roof and facade. No plans yet as to whether it will be apartments or offices inside, that is still yet to be determined.
Pourquoi cet immeuble de Nice démoli en octobre va être reconstruit à l'identique
nicematin.com
À l'angle des rues Ségurane et Antoine-Gautier, il ne reste plus rien de l'ancien immeuble. En octobre, il a été démoli. Une immense pince métallique l'a grignoté, morceau par morceau. Une déc...
Nice has confirmed that the tram from the airport will cost €1 (or €1.50 if only a single), same as the other tram line.
As you know, a bus journey from the airport currently costs €6 on the 98 bus, unlike every other bus route which is at €1. This was to appease the taxi drivers, who thought the cheap bus ticket was unfair competition as they charge up to €40 to the city centre. No such concession this time.
The new tram will be inaugurated this evening at 5pm, and open to the public starting tomorrow. It will serve Nice airport to Magnan, half way down the Promenade, then to Avenue Jean Medecin from the 1st June next year, finally all the way to the Port next Christmas.
Le prix du ticket de tram pour aller à l'aéroport de Nice (enfin) dévoilé
nicematin.com
Le maire a annoncé mercredi que le trajet en tramway pour les deux terminaux de l'aéroport sera au même tarif que l'ensemble du réseau Lignes d'Azur. Soit 1 euro (pour l'achat d'une carte de 10 vo...
The headline says Paris still the most expensive city at €10,161/m², ahead of Nice in 4th place after Bordeaux and Lyon, at €4,141/m². However Nice increased in price by 2.4% the last quarter, whereas Bordeaux and Lyon dropped by -1.9% and -3.2% respectively. Other strong performers were Strasbourg, Lille and Marseille.
This is one of the strongest Q4 I have seen in years. Well priced properties are selling very quickly, and the web sites are full of mostly over-priced or sold properties. Put an advert up for your apartment, you will be inundated with phone calls from estate agents desperate for something to sell. I expect this to continue after the usual seasonal lull (mid-December until mid-January). With all the new infrastructure projects being completed end 2019 now is a great time to be a buyer... if you can find anything to buy. My advice has not changed since the start of the year: do not look on web sites and try and line up properties to view until a week before your arrival. Turnover is too high. And get an estate agent that is specialist in your area and well connected. Only they will have access to good deals going.
Immobilier : Paris toujours en tête devant Bordeaux et Nice - 29/11/2018 08:42:00 - Boursorama
boursorama.com
29/11/2018 08:42:00 - (Relaxnews) - Dans son baromètre du mois de novembre, LPI-SeLoger met en lumière des différences d'évolution entre les prix des appartements anciens des grandes villes de Fra...
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