luxury apartments / penthouses for sale République district of Nice, France

A few steps from the tramway and all amenities, in the highly sought-after République district, discover this elegant 50.92 m² apartment, located on the 1st floor of a magnificent Belle Époque building. Fully renovated, this property appeals through its charm, functionality and especially its excellent rental investment potential. The apartment features an independent kitchen, two shower rooms, a balcony as well as a cellar, offering comfort and facilities highly sought-after in the city center. A PROPERTY WITH DUAL USE Currently arranged as three bedrooms, the apartment is perfectly suited for a flat-sharing project, with an estimated rental potential of €700 per room, i.e. €2,100 in monthly income, subject to market and leasing conditions validation. This represents a potential rental income of €25,200 per year. Depending on the acquisition price, the theoretical gross rental yield could reach approximately 8.8% to 9.5%, before charges, taxes, rental vacancy and investment-related fees. The apartment can also be reconfigured back to its original layout or according to buyer needs, with two bedrooms and a true living room, thus allowing use as a main residence or traditional rental. PROPERTY HIGHLIGHTS 50.92 m² 3 rooms Currently 3 bedrooms Independent kitchen 2 shower rooms Balcony Cellar Renovated apartment 1st floor Very beautiful Belle Époque building Tramway in immediate proximity Shops, restaurants and services at the foot of the building République district, right in the city center Excellent potential for flat-sharing or rental investment

THE STRENGTHS OF THE PROPERTY: TOP FLOOR / ROOFTOP SWIMMING POOL IN THE HEART OF THE CITY / TERRACE / BUILT-IN REVERSED AIR CONDITIONING / RECENT BUILDING / DOUBLE PARKING SPACE IN BASEMENT / VERY LOW FEESNICE NEW GREENWAY: On the sixth and top floor of a secure luxury residence with a swimming pool.In excellent condition and with no work required, the apartment offers a beautiful living room with a lounge opening onto a pleasant terrace, as well as a separate kitchen.The sleeping area consists of two bedrooms, including a genuine master suite with a dressing room and a private bathroom with WC. The second bedroom also has its own bathroom with WC, thus offering particularly appreciated comfort.The top floor guarantees great brightness and the absence of nuisance from an upper apartment. The apartment also benefits from built-in reversed air conditioning.Two underground parking spaces complete this property, a rare asset in this area. The low fees are also an additional advantage.Immediately close to shops, schools, and the tram.The property is currently rented until May 2027. A notice has already been given to the tenant: rent received until the deadline, then the apartment will be free. Suitable for both an investor and a buyer planning their move.ENERGY CLASS: C.Number of condominium lots: 231 main lots.Estimated amount of annual energy expenses for standard use, based on 2023 energy prices: €780 - €1130.Agency fees will be entirely at the seller's expense.This description has been automatically translated from French.