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Overseas Property Forum
Esales Property Limited
Unique LivingThe site presents 520 properties for those who are planning to choose and buy a flat in Nice. Go to the catalog and sort the housing by the desired parameters: price, area, number of bedrooms, and location. Contact the agent directly to discuss a suitable residence and details of the deal.
- Minimum price: €73,000
- Highest cost of an apartment in Nice: €5.25 million.
| Bedrooms | Minimum price | Maximum price |
|---|---|---|
| 1 bedroom | €73,000 | €1.99 million |
| 2 bedrooms | €225,000 | €5.9 million |
| 3 bedrooms | €225,000 | €4.5 million |
| 4 bedrooms | €510,000 | € 3.7 million |
| 5 bedrooms | €670,000 | €5.25 million |
- Minimum size: 17 sq. m;
- Maximum area: 330 sq. m.
France does not give a residence permit for the purchase of housing, but owners can apply for a Visitor visa lasting up to a year. For foreign investors there is also a residence permit for up to 4 years under the Passeport Talent programme.
Apartments for sale in Nice
A city in the Provence-Alpes- French Riviera region will be an ideal choice for buying apartments in France. This lively location offers a combination of historical heritage, cultural richness, and modern amenities, making it an attractive destination for local and foreign investors. It has a diverse architecture that combines the influence of French and Italian styles.
Nice is in the process of continuous development, improving its infrastructure, which increases its demand as a permanent place to live. The international airport, the third busiest in the country, provides easy access to other major European cities, attracting more tourists and people moving here for work or study.
The real estate market offers a wide range of apartments and penthouses:
- Old-foundation buildings offer exquisite residences that have preserved historical features: parquet floors, stucco ceilings, arches in windows and doorways, marble fireplaces, and even frescoes.
- Modern apartments made according to new standards of eco-friendly construction and often complemented by balconies and panoramic windows. Such complexes may have swimming pools with recreation areas, gyms, saunas, parking lots, security, and concierge.
Apartment prices in Nice is among the highest in the country, which is influenced by the location near the Mediterranean Sea, warm climate, resort amenities, and attractions. To find the most expensive residences, you can consider the neighborhoods of Old Nice, Mont-Boron, Cimieux, Madsen, Rimier, and others. More affordable options are found in the neighborhoods of Roquebilliere, Arenas, and St. Augustin.
The process of buying a home in the country includes several mandatory steps. After selecting a suitable option, check its technical condition, sign a preliminary contract, and make a deposit. Then the transaction is verified by a notary and a deed of sale is signed.
Reasons for investing in apartment in Nice
Property in France attracts local and foreign buyers with a stable market, a wide choice of housing and high rental yields. An important advantage is a solid legal framework that protects the rights of all parties.
Homeowners can rent out their homes to earn a stable income. Buying apartments in Nice for investment will be a profitable decision because of the city's location on the French Riviera and developed tourist sphere. This increases the demand for short-term rentals, making the property particularly attractive to owners who want to capitalize on the year-round influx of vacationers. As the fifth most populous city in the country, apartments are also rented by locals who have chosen this location for work, study, or business.
Rental price for an apartment in Nice, France, calculated per 1 sq. m is among the highest in the country and is noticeably inferior only to Paris. Return on investment averages 4.39% per annum and can increase during peak season. The highest return on investment for studios is 5.08%, and for apartments with 1–3 bedrooms varies from 4 to 4.28%.
It is important to know that not every property is allowed to be rented out: housing with an energy efficiency of more than 450 kW per m² will not be suitable for rent until this figure is reduced. After 2025, properties of category G—from 200 kW per m²—will be banned. In 2028 and 2034, class F and E buildings will follow.
Complexes at the construction stage are entering the market, which allows you to buy a property at a lower cost before all the work is completed. These apartments often offer spacious terraces and modern amenities for residents only. This will satisfy the growing demand for new projects that are completed to all modern quality standards.
Buying apartment in Nice
The Overseas.RealEsate aggregator will facilitate the process of finding the perfect apartments or villas in France. The site offers options from proven developers and real estate agencies. The platform provides access to a wide selection of ads with the current price of flats for sale in Nice. The built-in currency converter and sorting function by specific criteria such as location, price, and amenities will simplify your search. Contact an agent directly to discuss the right option and the stages of the purchase.