€695,000

90m² 2 bedroom
This apartment on the 2nd floor of a prestigious building on the beach front is a large 90m², has a south facing sea view terrace, large 37m² living room, separate kitchen, two bedrooms on the quiet side of the building, and two bathrooms. The reason for the reasonable seeming price is that it needs a complete renovation. Worth viewing only if you are prepared for a project. Comes with a cellar, and a garage can be bought for €50,000 on top.
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Click here to learn about Promenade des Anglais
Promenade des Anglais
The Promenade des Anglais that sweeps across the sea front of Nice is one of the best known in the world. Built in Victorian times, it runs along the beach from the airport for seven kilometers until it reaches the Old Town and Port. With some of the best known landmarks, such as the Negresco Hotel and the Palais de la Méditerranée, it is the only road in the city centre that offers panoramic sea views.

Advantages for a holiday home
  • Only place to be for a terrace and sea view
  • Easy walk to the beach and city centre
  • Good capital appreciation and easy resale
Disdvantages for a holiday home
  • Noisy road passing in front
  • Expensive and hard to come by
Advantages for investors
  • Sensational sea views, usually with terrace
  • Will always hold its value due to scarcity and demand
  • Airport bus stops on the doorstep
Disdvantages for investors
  • Low yield due to high price per square metre
  • Traffic noise if on the second floor or below