Looking for a property in Nice?
In time of financial turmoil, investors turns to the safety of property investment, and look for familiar territories like the south of France. With French interest rates at their lowest point, with variable rates at 2.7% and fixed for 25 years at 3.85%, it is a good time to buy.
As a popular destination, we are doing a close up on Nice. The cultural, political and administrative capital of the Cote d’Azur offers some great opportunities. Many investments have transformed this city into a vibrant place to live in or to invest.
Central Nice is the area with most investment potential. “So Nice” is a new residence been constructed by K & B, 5 minutes from the Tramway, and close to the train station. In a traditional “Niçois” architecture, the apartments are divided into 2 buildings with landscaped gardens and parking. Studio from €146 000, 1 bed apartment from €214 000 and 3 bed apartment from € 274 000. Completion will be for 3T 2012.
“Promenade Gambetta” constructed by Eiffage is just 150m from the sea, at the heart of the boulevard Gambetta shopping district. There are 6 apartments left, ranging from 1 bed to 2 bed with terraces and parking, from €361 000. Completion will be for 2T 2013.
On west side of Nice, you will find the Fabron Hills a secluded, safe place perfect for family. Le Clos de Freesias, a residence with swimming pool and landscaped gardens, has 4 duplex apartments for sale. The apartments have 3 bedrooms, lovely sea views from the terrace and underground parking spaces. Prices are from €500 000 to €558 000. The apartments are now completed.
On the east side of Nice, Mont Boron is home to many celebrities such as Elton John. With stunning sea views it is the Hollywood hill of Nice! The most prestigious residence, Parc Blanche de Castille has just been completed. The residence is in line with the reputation of the hill with many luxury finishes. Prices start at €550 000 for 1 bed, €715 000 for 2 bed, € 1 100 000 for 3 bed, € 1 850 000 for 4 bed, and €4 000 000 for a stunning duplex with 5 bed.
New properties benefit from reduced notary fees ( 2.5% of the total purchase price instead of 8% for a resale property), 10 years building guarantee, new energy saving technology.
Finance are available up to 80% of the total price with French Banks.
If Nice is not your cup of tea, don’t worry we have a selection of properties in Antibes/Juan les Pins, Cannes, Beausoleil, Cap d’Ail or in the Var region St Maxime, St Raphäel, Grimaud.
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