€370,000

72m² 1 bedroom
This apartment is right off the sea front, 30 seconds from the beach yet set back just enough to avoid the noise of the Promenade des Anglais. On the first floor, it is right opposite the Ponchette villas which are only one story high, so the windows are full of blue sky. The apartment is south facing which means sunshine all day long. The apartment is in relatively good condition, but is currently configured as a one bedroom. It is listed as a two bedroom but it has a double living room where one half doubles up as a second bedroom. A better solution would be to turn the kitchen into a small second bedroom and put an open-plan kitchen in the living room. This apartment has plenty of potential, and on a road property rarely comes up for sale. Well priced for the size.
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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