This penthouse apartment has a 360' view over the whole city, and it has 3 terraces large enough to dine out on to enjoy them. In a prime location on Boulevard Gambetta, around 5 minutes walk to the beach and 2 minutes from the new underground tram to the airport, it is perfectly situated both for a holiday home and to rent out. It is a rarity of a bourgeois style building but with a real terrace, and the common areas are in the process of being redone.
At the moment there is a living room, kitchen, two good size bedrooms with plenty of closet space, bathroom and separate toilet. A little renovation could really increase its value. By removing the kitchen wall you will get a great size living area leading onto both east and west facing terraces. It has the potential to be turned into a unique luxurious home. A property that ticks every box and well worth viewing.
Click here to learn about Carre d'Or
The Carré d'Or, or "Golden Square", is prime Nice real estate. It is full of chic bars and designer stores, and nowhere is more than 5 minutes walk to the beach. One of the most rentable areas in Nice, it is a favourite with investors and those seeking a pied-a-terre.
Advantages for a holiday home
- Next to the beach, bars and restaurants
- Easy to resell when time to upgrade
- Can rent out summer and use spring / autumn
Disdvantages for a holiday home
- Communal areas often average
- Less size for your money
Advantages for investors
- Most popular rental area
- Next to the beach
- Surrounded by shopping and restaurants / bars
Disdvantages for investors
- None, but get a balcony if possible