SOLD: On the Promenade des Anglais
Location: 99, Promenade des Anglais, Quartier des Baumettes, Nice
Studio on the Promenade des Anglais, Nice
33 m2 (355 sq. ft.)
Rez-de-Chaussée (Ground Floor)
This is an exceptional opportunity for a smart investor. This large studio apartment is situated in a newly resurfaced contemporary building directly on the world-famous Promenade des Anglais in Nice, steps from the Mediterranean and in very close proximity to the new East-West Tramway as well as numerous bus lines. It has high ceilings, large double-paned glass sliding doors giving on to its own private patio/garden and security shutters in your absence…although this property will rent continually as a short-term vacation apartment!
With renovation, it is possible to create two rooms to allow for a private bedroom, a fully-equipped kitchen, a luxurious bathroom, and air-conditioning can be easily added. It is also possible to provide wheel-chair accessibility and it could welcome pets because of the patio/garden.
Allow approximately 40,000€ to 60,000€ for renovation/decoration. Short-term rental revenues estimated at 14,000€ to €18,000 per year. Total carrying costs estimated at €5,200 a year.
Building fees: 1,000€ per year (includes heating); Taxe Foncière: 826€ per year; Taxe d’Habitation + Taxe Audio Visuel: 1,500€ a year; Electricity 500€ a year.
For a personal showing or more information, contact Adrian Leeds at [email protected],
+33 6 51 36 63 15