€365,000

104m² 3 bedroom
This apartment is on Place Saetone, just off Avenue Jean Medecin, in an up-and-coming area. It is on the top floor (with lift), has nice views both east and west facing, with a small balcony to enjoy outside. This large 104² apartment has a living room, large kitchen, three large bedrooms, bathroom, and separate toilet. The facade was renovated in 2016, and prior to that the roof and communal areas were redone. The lift was installed and paid for under the current occupant. The apartment in the heart of the shopping district, is less than a 5 minute walk to bus, tram and train, and just over 10 minutes walk to the beach.
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Nice
Nice is a world famous summer destination, with seven kilometres of beach and over 300 days of sun per year. Unlike other holiday destinations which are all sun and sangria, Nice to combines this with being a chic cosmopolitan city. There are events all year around, from carnivals to culture, and the evenings are awash with cafes and gourmet restaurants. It attracts families, couples young and old, and a jet-setting international clientele. Its broad appeal is one of the reasons Nice was one of only two French cities where property prices actually still went up during the financial crisis.

Advantages for a holiday home
  • One of the most desirable spots on the planet
  • Cheap flights with regular service all year around
  • Everything within walking distance of the city centre
Disdvantages for a holiday home
  • Higher capital outlay than some other holiday destinations
  • Buildings with swimming/tennis outside of the city centre
Advantages for investors
  • France's second largest airport
  • Strong demand from an international clientele
  • Sunshine around 300 days per year
Disdvantages for investors
  • Higher capital outlay than some other holiday destinations
  • Pebble beaches as opposed to sandy