Rental investment – Bright 1-room apartment in the heart of the old town – Nice Old Town

Description

EXCLUSIVE LISTING – TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF OLD NICE

Located on the third floor of a charming building in the heart of Old Nice, this bright 34 m² studio apartment represents an excellent turnkey investment opportunity in one of the French Riviera’s most sought-after neighborhoods.

Currently rented on a long-term lease for €800 per month, the property generates an attractive gross rental yield of approximately 4.9%, providing immediate rental income from the day of purchase.
Fully renovated in 2021, the apartment benefits from abundant natural light thanks to its south-east exposure and enjoys pleasant views over the colorful façades of Old Nice. It features a modern open-plan kitchen, a contemporary shower room with toilet, air conditioning, and ample built-in storage.

Its prime location offers immediate access to restaurants, local shops, public transportation, and the vibrant atmosphere of the historic center, while the beach is only a five-minute walk away.

Looking ahead, the property also offers excellent potential for rental optimization. As short-term rentals are authorized within the building, a future owner may consider operating the apartment under a mobility lease or as a short-term furnished rental (subject to applicable regulations), potentially increasing its rental returns.

A rare opportunity in Old Nice, combining immediate income, a prime location, and strong long-term investment potential.