€185,000

29m² 
This studio faces south onto a calm and sunny courtyard, located in one of the most sought-after buildings in the Old Town. Built in 1998 in a traditional style, it has a secure entry with camera, a concierge on site, digicode access, and a modern lift. The studio has an extra mezzanine level, just for sleeping, a kitchen area, and a separate bathroom with toilet. There are two exits to the gated residence, one which takes you into the heart of the Old Town and the other into Place Garibaldi where the new tram stop will take you straight to the airport. A solid first step in owning a property in Nice.
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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