€363,000

59m² 2 bedroom
This two bedroom two bathroom apartment is on the second floor and has a south-west facing terrace you can dine out on. The apartment is in good condition but not been updated since the building was finished 20 years ago so things like appliances look dated. It is in one of the most desirable residences in Old Nice, however the owner is optimistic with price. Though it has been reduced from €395,000, even at its current price it needs to come down a lot further. A great buy but only at the right price.
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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