1 Bedroom · 2 rooms in Old Town
Description
This one-bedroom apartment, spanning 38 square meters, is situated in the vibrant heart of Old Nice. The property is on the 4th floor of a renovated building, offering a west-facing view that ensures plenty of natural light throughout the day. Although there is no elevator, the apartment's location and features make it an attractive option for seasonal rental investment.
The interior includes a bright living room, a cozy bedroom, an equipped kitchen, and a contemporary bathroom with a wall-hung toilet. The apartment is fully electric and air-conditioned, with the option to purchase it furnished, making it ready for immediate rental. It can accommodate up to four people, appealing to tourists visiting the popular area of Nice.
This property presents an excellent investment opportunity, providing a proven income of €35,000 per year, with a net profitability of 12% before tax, including notary fees. The low monthly charges of €55 and a property tax of €500 per year further enhance its appeal. The apartment is priced at €265,000, with agency fees included and payable by the seller.
The monthly management cost is €55. Agency fees are included in the price and are payable by the seller. The energy efficiency rating is currently pending.