Studio · 1 rooms in Old Town

235,000
Bedrooms: 0 Rooms: 1 Old Town

Description

This charming T1 apartment offers a comfortable living space of 31 square meters on the fourth floor of a classic building in the heart of old Nice, just a short 200-meter stroll from the sea. The apartment features a spacious living room complemented by a mezzanine, a separate kitchen, and a generous bathroom. It is well-lit and enjoys a peaceful atmosphere as it overlooks an interior courtyard, ensuring no noise disturbances. The property is equipped with double glazing and a modern Daikin reversible air conditioning system, providing comfort throughout the year.

The mezzanine enhances the apartment's rental potential, accommodating up to four guests, making it an attractive option for investors. Seasonal rentals are permitted, and the property has demonstrated impressive profitability, with a gross return of 13% in 2023 and an expected 12% in 2024. This historic district, near Saint Francis square, offers a vibrant lifestyle with its proximity to the sea, local markets, and cultural landmarks, making it a desirable location for both residents and visitors.