€215,000

50m² 2 bedroom
This two bedroom apartment on the third floor in Rue du Moulin, in the heart of the Old Town and next to the Palais de Justice, as the old charm you would expect with high ceilings and exposed beams. The apartment is in great condition, if you can look past the owner's fondness for pine furniture. With one good size bedroom and a smaller one that is great for kids, it makes a good family pied-a-terre and also will rent very well when you are not using it.
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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