€680,000

91.25m² 2 bedroom
This large 90sqm two bedroom apartment in the Old Town is unique, 5th and top floor with a 30 sqm terrace overlooking the rooftops, the church spires, and all the way to the mountains. To say it needs refreshing is generous. It looks pretty awful inside. It needs a complete overhaul. However it is superficial and no structural changes are needed. Just to the walls, floors, ceilings, kitchen, and bathrooms. If you are looking for a project to make the place your own then this one is very interesting. You will need a good agent to negotiate on price to make it worth your while though.
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Click here to learn about Old Town
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