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Old Town Nice - 38 m² T2 Apartment – A Rare Opportunity for Seasonal Investors - €35,000/year Income Located in a renovated and well-maintained building in the heart of Old Nice, this 38 m² T2 apartment, West-facing, on the 4th floor (no elevator), is perfect for a seasonal rental investment. Short-term rental authorization was granted in 2024, offering a strategic advantage for this property. Property Features: Bright living area, cozy bedroom, equipped kitchen, and contemporary bathroom with suspended WC. Specifications: - Air conditioning, fully electric systems. - Option to sell furnished, ready for rental operations. - Capacity: 4 guests. The Bonus: This T2 offers excellent value for money, ideal for investors seeking immediate returns in Nice’s most sought-after tourist area. Low charges: €55/month Property tax: €500/year Proven rental income: €35,000/year Net return before tax: 12% (including notary fees). Price: €265,000 including agency fees, paid by the seller. DPE: Pending. Georisques: https://georisques.gouv.fr.
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