Nice, Queen of the South

1st great city to live in | 1st tourist city (after Paris) | 5th largest city in France

Lifestyle, climate, transportation, safety, education, local shops… in all these areas, Nice has the best results among the country’s major cities. Nice is now benefiting from the post-cold war seaside effect, and housing with a view of the Mediterranean and a terrace is particularly popular. The capital of the Alpes-Maritimes district is also an ideal city for an investment in property, with properties in highly sought-after historic neighbourhoods.

4%

rate of return

9/10

rental tension

5,221€

price per square metre

+ 24 %

price evolution last 5 years

+ 340 K

Total population

48,9 %

Tenant population

Screenshot 2022-09-24 at 08.50.44

Why invest in Nice ?

Patrimonial strategy | Balanced strategy | 5M tourists | Wellness living environment

Nice, at the heart of the French Riviera, is a major tourist destination in France, welcoming nearly 5 million visitors per year. Business tourism has also become an economic driver in recent years, as Nice is the second French city for the organization of congresses.

In terms of the economy, the people of Nice benefit from the presence of the largest technology park in France, Sophia Antipolis, just a few kilometres away. This is a major business hub that generates thousands of jobs in the area. Two additional tramway lines will soon be added to Nice’s transportation network.

 

The capital of the French Riviera has a very wide variety of properties suitable for different rental investment strategies.

The Old Town district, with its lively little streets, old buildings and numerous shops, is the perfect place for a property investment, as is the Carré d’Or. Home to part of the Promenade des Anglais, it is the chic neighbourhood to invest in a luxury apartment with a sea view.

In general, the entire city centre with neighbourhoods such as Jean Médecin, Carabacel, Thiers, and Gambetta are still good places to invest in Nice. The Vieux Port district is attractive if you prefer to find a property to renovate and rent out. Typically Nice, the Riquier district, close to the city centre, has slightly lower real estate prices per square meter, which makes it possible to envisage a good rental return.

Young working people are also turning to neighbourhoods such as Vernier and Libération. Development work in recent years has made the Libération district attractive, and it is becoming a sector that is bound to increase in value.

If you choose to invest in large surfaces, head for residential neighbourhoods popular with families, such as Saint-Sylvestre, which is well served by transportation, or the luxurious Mont Boron neighbourhood and its famous villas.

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