French flat
in Nice (Provence-Alpes-Côte d'Azur)
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Property was bought on a buy to let basis and has been continuously let as unfurnished. It is situated in a popular area in a road paralell to the famous Promenade des Anglais and is within very easy walking distance of the Pedestrian zone. The whole building was recently refurbished. The apartment was completely redecorated and the main electricity panel renewed.There is a scope for the apartment to be internally re-organised to make 3 bedrooms and perhaps enter the holiday-let market.
Nice is a very popular town both for holiday makers and also as a dormitory town with good access to Monaco.Owners have good letting opportunities. Despite the recession, property prices in Nice have continued to climb steadily; the latest index is showing growth at over 6% p.a.
