€265,000

54m² 2 bedroom
This apartment on the 2nd floor in Rue du Moulin, between Palais du Justice and the tramway, is a great rental product. Because of its high ceilings, the owner has managed to put in two "bedrooms" with mezzanine, though one of the bedrooms is not really a real bedroom as it does not have its own window. The owner can show an annual revenue of €30,000 per year. It easily sleeps 6-8 people. A great rental investment.
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Click here to learn about Old Town
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