1 Bedroom · 2 rooms in Old Town
Description
In the heart of Old Nice, just steps away from the vibrant Place Garibaldi, lies a charming one-bedroom apartment ideal for investors. Positioned on the fourth floor of a well-maintained and recently renovated building, this 45 m² apartment offers an excellent opportunity for seasonal rental investment. The area is known for its quiet alleys and historic charm, attracting visitors who wish to experience the authentic atmosphere of Nice.
The apartment features a spacious living room, a comfortable bedroom, an equipped kitchen, and a functional bathroom with a separate toilet. It comfortably accommodates up to four people, making it perfect for short-term stays. The property is equipped with air conditioning and all-electric systems, and it can be sold with furniture for immediate use. The interior's neat style offers potential for easy modernization, enhancing its appeal to future tenants.
The property boasts low monthly charges of €55 and a property tax of €500 per year. With a proven annual income of €35,000, the apartment provides a net profitability of 11.5% before tax. Priced at €280,000, the cost includes agency fees, which are covered by the seller.
Agency fees are included in the price and are payable by the seller.