€399,000

57m² 2 bedroom
This two bedroom apartment has been renovated to a high standard, modern but quite neutral allowing you to impose your own style. The living room has an open-plan kitchen, comes fully fitted, and the lounge area is home cinema ready. The bathroom has a large shower, designer sink, towel heater, and there is a separate toilet. There are two bedrooms, one large and one small, both with plenty of wardrobe space. The "piece de resistance" is of course the 50sqm terrace. Large enough to sunbath, dine out, install a garden, and anything else you might imagine. Being in a courtyard, it is in the heart of the Old Town but completely quiet all day and night. The courtyard is inaccessible by anybody except terrace owners. The prestigious "Providence" building is only 20 years old, is gated with security and camera, on-site concierge, yet discreetly nestles into the heart of the Old Town. It has a real lift, and parking often comes up for rent and sale underground. There are two exits, one that leads down to Place Garibaldi (and new tram stop that goes to the airport) and the other down into Place St Francois in the heart of the Old Town. The apartment is quite unique, no other has this amount of outside space in the Old Town within this price range. Well worth viewing.
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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