€250,000

45m² 1 bedroom
This smart looking apartment is two minutes walk from the Cafe Turin and Place Garibaldi. Away from the main road, the view is animated with pedestrians during the day but far from the bars and so quiet at night. Renovated and ready to move in, it retains a lot of authentic features such as high ceilings and wooden windows and shutters. It is on the second floor, and the communal areas need refreshing. Charges are €65/month. A very good pied-a-terre.
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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