This one bedroom apartment is in The Grand Hotel, a prestigious building dominating the Coulee Verte park on Avenue Felix Faure and is just steps from Place Massena. You cross the park into the Old Town, and from there to the beach. Despite the spectacular facade, behind is quite modern with a good size lift. Inside is a blend of the old and the new. It has the wooden parquet flooring, high ceilings with crown moulding, and the tall windows letting in the sun from the southern exposure. It also has a modern fitted kitchen, brand new bathroom, double glazing, air-conditioning and all the other mod-cons you expect. As befits its name, the building has a concierge. The cherry on the cake is the south facing terrace over-looking the park. A solid property that you will want to hold on to.
Click here to learn about Carre d'Or
The Carré d'Or, or "Golden Square", is prime Nice real estate. It is full of chic bars and designer stores, and nowhere is more than 5 minutes walk to the beach. One of the most rentable areas in Nice, it is a favourite with investors and those seeking a pied-a-terre.
Advantages for a holiday home
- Next to the beach, bars and restaurants
- Easy to resell when time to upgrade
- Can rent out summer and use spring / autumn
Disdvantages for a holiday home
- Communal areas often average
- Less size for your money
Advantages for investors
- Most popular rental area
- Next to the beach
- Surrounded by shopping and restaurants / bars
Disdvantages for investors
- None, but get a balcony if possible