€475,000

112m² 2 bedroom
This very large apartment is 112m² and has a good size living room with fireplace, a very large bedroom that can be split into two bedrooms, another bedroom with en-suite, another bathroom, and a separate kitchen. It is a great blend of old and new. It retains the majesty of the building that used to be a monastery, with high ceilings and the original tomette flooring which are in perfect condition. However integrated in, there is new plumbing, electricity, heating, and double glazing, bring the ancient charm into this century. The location could not be better, just off the Cours Saleya and one minute from the beach. A rare property in the Old Town.
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Old Town
Nice's Old Town, or Vieux Nice, is the historic heart of Nice dating back to the 16th century. The colourful narrow winding streets are full of galleries, markets, and boutiques selling everything from clothes to local produce. As evening falls the cafes, bars and restaurants are abuzz with people enjoying themselves or simply watching the world walk by. It is little wonder that this area is the hottest rental spot.

Advantages for a holiday home
  • Stay where you will spend most of your time
  • Great prices and good capital appreciation
  • Easy to let out when not in use
  • Very low taxes and monthly charges
Disdvantages for a holiday home
  • Crowded streets during the summer
Advantages for investors
  • Right in the heart of all the bars and restaurants
  • Five minutes walk from the beach
  • Most desirable spot for tourists, gives best yield
Disdvantages for investors
  • Busy and can be noisy, not to all tastes
  • No lift can cut down potential rental clients