Property for sale

Nice, 06, France

Nice fully let residential investment building 38 apartments prime location Freehold residential investment opportunity located in the highly sought-after Valrose district of Nice, only 600 metres from the University Côte d'Azur (Valrose Campus) and 4 minutes' walk from the Valrose Université tram station (Line 1). This asset offers investors immediate and secure income with a fully occupied building that has recently undergone a comprehensive refurbishment programme. Investment Highlights Freehold ownership Gross floor area: 1,036 sqm Land area: 904 sqm 38 fully furnished residential units 35 studios 3 one-bedroom apartments 6 parking spaces 100% occupied Annual rental income: €381,720 (excluding charges) Furnished 12-month leases Tenant mix including private tenants, corporate occupiers and serviced accommodation operators Fully Refurbished Asset Major refurbishment completed in 2025 including: Complete roof replacement Façade renovation Full electrical upgrade Renovated common areas Refurbished apartments No immediate capital expenditure required. Prime Location Located within one of Nice's strongest residential rental markets: 600 m from Valrose University Campus 4-minute walk to Tram Line 1 Immediate access to shops and amenities Easy access to Nice city centre Quick access to Nice Nord motorway The property's proximity to universities ensures strong and sustainable rental demand from students, young professionals and corporate tenants. Sale Terms Asking Price: €5,250,000 (agency fees included) Indicative yield: Approximately 6.82% Further information, rent roll and due diligence documents available upon request following execution of a Non-Disclosure Agreement (nda).