Owning a piece of France could turn out to be a very lucrative investment. According to a well known British tabloid if you are looking to splash out on French property Nice is for the serious buyer. This upmarket setting on the French Riviera is ideal for anyone planning their retirement, holiday or just upgrading to stylish upmarket living.
This exquisite, historical town with its ever increasing multinational population is considered the ultimate gem on the Riviera. Situated not far from major cities like Monaco and Cannes makes it even more appealing. As it has become a sought after holiday destination getting there by train is fast and stress free. Nice has its own airport and flying in is safe and easy.
Property in Nice is downright expensive. The unmistakable affluence in the town is a major attraction for those wanting an easygoing and unhurried lifestyle. There is currently a high demand for new houses and allocated land for development is good news for contractors.
The expensive new houses come complete with their own swimming pool. It is the Old Town area that enjoys the highest attraction. The old Art Deco and Nicois building styles play a big part in its beauty. The narrow medieval streets lends added charm to this already fantastic setting.
Inexpensive dwellings has to be the well known studio apartments. For a price of around Euros 200,000 you can find yourself conveniently close to the beachfront. The 2 bedroom apartments are usually carefully maintained and an additional bathroom and jacuzzi, or hot tub if you are American, are considered as extras. The French are non existent without their wine and a cellar might be neatly hidden on the premises.
Small 40 sq. M apartments right on the beachfront go for a whopping Euros 320,000 and climbing. You might find yourself waking up to the ocean lapping on your back door. The Town centre and other necessary outlets will not be far away either.
The smallest apartments of 20-30 sq. M are found in the dozens in old, renovated historical buildings. The Old Town Centre and beach are usually within minutes from the apartments. The prices can range from anywhere around Euros 100,000 and more for this space. Maintenance and restoration of the buildings is a priority in this city. The Old Town area is kept in pristine condition to maintain its image.
Apartments sized between 40-70 sq. M falls in the Euros 250,000 – 350,000 price bracket. The space is adequate for a couple. Outdoor living is what the Mediterranean is all about and the all important terrace is a must; the larger the better.
An adequately sized family apartment from 100 sq. M and more comes at quite a price. Prepare for Euros 600,000 and more for a good purchase. These properties will include the ever popular Bourgeois and Provencal style villas and stone village houses.
Farm houses and huge mansions on spacious grounds will fall in the millions category. Anyone hoping to strike a bargain on a old dilapidated building will glad to know that they do go on sale. Of course these are strictly for the lover’s of restorers.
Get exclusive inside info on the most exquisite property for sale south of France now in our complete guide to French Property Nice .
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