€420,000
37m² 1 bedroom
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This prime location property offers a slim sea view and is a few metres from the beach. There is a comfy living and dining room, with a good size kitchen leading through to a separate bedroom and bathroom. All the space is used well. Despite being less than a minute to the beach, it is set back from the Promenade des Anglais and so is relatively quiet. The building is also of "standing", with good communal areas. A nice little pied-a-terre worth viewing.
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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