About This Property
EXCLUSIVE LISTING – TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF OLD NICE Located on the third floor of a charming building in the heart of Old Nice, this bright 34 m² studio apartment represents an excellent turnkey investment opportunity in one of the French Riviera's most sought-after neighborhoods. Currently rented on a long-term lease for euros800 per month, the property generates an attractive gross rental yield of approximately 4.9%, providing immediate rental income from the day of purchase. Fully renovated in 2021, the apartment benefits from abundant natural light thanks to its south-east exposure and enjoys pleasant views over the colorful façades of Old Nice. It features a modern open-plan kitchen, a contemporary shower room with toilet, air conditioning, and ample built-in storage. Its prime location offers immediate access to restaurants, local shops, public transportation, and the vibrant atmosphere of the historic center, while the beach is only a five-minute walk away. Looking ahead, the property also offers excellent potential for rental optimization. As short-term rentals are authorized within the building, a future owner may consider operating the apartment under a mobility lease or as a short-term furnished rental (subject to applicable regulations), potentially increasing its rental returns. A rare opportunity in Old Nice, combining immediate income, a prime location, and strong long-term investment potential.
Property Features
- Apartment
- Surface Area 34,20 m2
- Living Room Size : 17 m2
- 1 Room
- 1 Shower Room
- 1 WC
- Floor : 3
- Heating : Individual
- Heating Type : Electric
- Condo : yes
- Energy performance diagnostic. : C (121)
- GHG : A (4)
About the price
Price: €195,000.
The agency commission is at the charge of the seller
Regarding the co-ownership
The co-ownership consists of 32 units, with an average annual share of the provisional budget for routine expenses of €900.
The management committee has no outstanding legal actions.
Energy Consumption
Diagnosis made after July 1, 2021
Votre contact
Wretman Estate Nice
54 Rue Gioffredo
06000 Nice









