€490,000

61m² 2 bedroom
One of the most desirable properties in Nice is something on the "good part" of the Promenade des Anglais, has two bedrooms, a balcony, a sea view, all for under €500,000. Consequently they are incredibly rare to find. Not only does this apartment tick all the boxes, the finishing is stunning. Little wonder when the owner decides to rent out the apartment it is booked solid. The traditional, with the antique-style fittings and solid wooden flooring, have been seamlessly blended in with the new modern kitchen and large Italian wet-room style shower. The two large bedrooms sit at the rear of the apartment, where it is nice and quiet. The balcony at the front looks onto the Promenade, where joggers go by, as well as the steps up the castle and the well known Hotel Suisse. Unlike other Promenade properties, where the trade-off is a long trek into town, the apartment is just a few steps away from the Cours Saleya along with all the most popular bars and restaurants of Nice. A solid investment in a building where property nearly never comes up for sale.
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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