4 Studios + 1 Bedroom apartment sold all together - Carre d'Or - Nice, Alpes-Maritimes, Provence-Côte d'Azur
€950,000 [convert]

5 140m2

Agent

Reveal phone number
Contact details:

Key Features

Property Type: House
Number of bedrooms: 5
Bathrooms: 5
WCs: 1
France Property Shop ID: 592355
Reference: SPF-120943MDE06

Property Description

Perfect investment property for seasonal or long term rentals. Large 140m2 apartment divided into 4x studios and 1x one Bedroom apartment, perfectly situated in the Carré d'Or of Nice, a few steps from the new Tram station and beautiful gardens of Alsace Lorraine. Each studio is about 20-25m2 and all of them are very bright as they have 2 small balconies each. The apartment is south facing overlooking the road Marechal Joffre. The 1 bedroom apartment is about 40m2 and has a nice big bathroom. All of the apartments consist of 1 LOT therefore are all sold together and considered 1 apartment for the new rules of Airbnb and seasonal rentals. for long term rentals you can Yield 4.5% to 5% nett (about 47,000? p/y nett) and for seasonal rentals from 7% to 8.5% nett (78,000? p/y nett). Best investment in Nice!!!!


Agent

Reveal phone number
Contact details: