Block of apartments for sale
Provence-Alps-Cote d`Azur, Alpes-Maritimes, Nice, France
- PROPERTY TYPE
Block of Apartments
- SIZE
7,136 sq ft
663 sq m
Description
Built in the purest tradition of Nice architecture, the building has a basement, first floor and four upper floors, and is in good general condition.
It is equipped with an elevator serving all floors, a rare feature for this type of old building.
The complex comprises residential and commercial lots, offering real rental stability.
On the first floor, three commercial premises totalling 125 m² benefit from excellent visibility on the Place du Pin and are occupied under commercial leases.
The upper floors house eight apartments, divided into four 3-room and four 4-room units, for a total living area of around 538 m².
One apartment is currently vacant and can be viewed, providing immediate leverage for value enhancement.
The apartments feature generous volumes, ceiling heights typical of older buildings, plenty of natural light and, in some cases, one or more balconies.
The apartments are either in good condition or in need of renovation, making it possible to gradually increase the value of the assets.
All benefit from functional features such as double glazing, individual heating and hot water production (gas or electricity), elevator, and rational layouts suitable for long-term rental.
The building has eight basement cellars.
This building represents a rare asset-ownership opportunity, combining strategic location, building quality, mixed-use and medium- to long-term development potential, in one of Nice's most dynamic and sought-after sectors.
Full file and additional information available on request.
Fees included at seller's expense.
Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.
Provence-Alps-Cote d`Azur, Alpes-Maritimes, Nice, France
NEAREST AIRPORTS
Distances are straight line measurements- Nice Côte d`Azur(International)3.7 miles
- Toulon (Le Palyvestre)(International)69.8 miles
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Notes
This is a property advertisement provided and maintained by leprince Immobilier, Nice (reference 86732649) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.



