€480,000
73m² 2 bedroom
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Across the street from the beach in the prestigious Carre d’Or area of Nice, this classy two bedroom apartment has a corner exposition with two large and airy bedrooms and a fully fitted kitchen. The best room in this apartment has to be the light filled living room with its high ceilings and four large double glazed French windows, three look to the West running along the Promenade and the two remaining windows look South out over the sea. The apartment has recently finished renovations however maintains some of its original features including parquet flooring throughout. The condition of both the building and the apartment is superb.
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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