€388,500
62m² 2 bedroom
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Situated in the sought-after "La Providence" complex, the only new build in the Old Town, this spacious 2-bedroom duplex apartment has a balcony and stunning views over the rooftops of the Old Town all the way to the mountains. A modern building in a classic style, in a secured domain with concierge, it is rare in the Old Town being on a high floor with views but with a lift. At the foot of the hill, just a minute away, is Place Garibaldi where the new tram stop from the airport is being built. It also has bus and existing tram connections, and is a short walk to the beach. Apartments in this complex for sale are rare, so potential buyers should arrange viewings sooner rather than later.
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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