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€695,000

117m² 3 bedroom
In the heart of the Old Town and on the prestigious Rue Prefecture, this three bedroom apartment is on the 1st floor (with lift) and has bright south facing windows and a view onto the court house "Palais de Justice". You find yourself half way between the cathedral in Place Rossetti and the beach.. The owner has gone all out with this renovation, and the word luxury springs to mind when you walk around. It may look like a classic Old Town apartment, with the high ceilings and hardwood flooring, but behind are all the mod cons including air-conditioning and double-glazing. The living room is a spacious 38m². This is a holiday home done VIP style.
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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