Nice Property Market and Real Estate Guide
(Nice, Provence-Alpes Cote d'Azur, France)
There's more to Nice than the Promenade des Anglais, the legendary boulevard that runs the length of the main bay, but property realtors here will give the opposite impression. Waterfront properties are the main game in town, and most real estate action takes place on or near here.
Some properties in Nice are as expensive as comparable ones in Marseille
, with the very upscale mansions and estates here being amongst the most expensive in all of France. A cascade of hillside homes further back from the water make a bookend of high prices around the central section of Nice, where good value buys and rentals can be found.
Naturally, prices spike in the summer tourist season. Prices for rentals and serviced apartments can triple in this period as compared to the rest of the year, not that many new visitors would notice since these properties are usually booked out literally years in advance.
Renting Serviced Apartments
Visitors to Nice in the summer should expect high prices for any kind of real estate and this is certainly true of serviced apartments. The main problem for renters is not always price, but the availability. Serviced apartments are numerous in Nice, but the amount of tourist visitors is impressive too, and so booking well in advance is advised.
Nice is readily navigable on foot, so it may not be necessary to secure a serviced apartment right on the Promenade des Anglais. As a general rule, prices for serviced apartments drop by some ten percent for every block or two they are located away from the main drag. Minimum stays tend to be one week, with the deposit and tariff payable together.
Buying Apartments and Houses
Nice is a luxury holiday destination and so budget rentals and low-priced properties for sale are thin on the ground. Most people who look to live here embark on the adventure knowing full well that a lot of money is required to secure any kind of property in Nice. Non-EU nationals can buy and rent easily - that is if they can afford it.
Waterfront properties routinely sell for many millions of Euro, but since Nice is so compact, properties without absolute frontage to the sea are much better value and tend to sell for around half the price of what their glitzier contemporaries sell for. Cimiez excels in fashionable residences, although expat families may be more included to opt for the cheaper, newer home of Arénas / Californie.
Real Estate Agents
Like much else in Nice, business around real estate is conducted in multiple languages. French is the most common, of course, although English is widely spoken. Also, a number of real estates outside France maintain portfolios of properties in Nice for clients looking to move to Nice.
Check out the following Nice real estate agents:
Address: 12 Rue Dalpozzo, Nice, 06000, France, FR
Tel: +33 04 93 62 97 39
Chez Riviera is one of the many real estate agencies in Nice that is directed at selling properties to incoming retirees and moneyed investors.
Address: 33 Boulevard Gambetta, Nice, 06000, France, FR
Tel: +33 06 13 32 65 80
This real estate agency is situated in central Nice, where it has been doing business with locals and internationals since 1935.
Address: 18 Rue Lamartine, Nice, 06000, France, FR
Tel: +33 04 93 16 95 81
Attika operates several outlets along the Cote d'Azur, making it one of the experts in real estate in the region.