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€5,300,000 EUR
06100 Nice, Provence-Alpes-Côte d'Azur
France
France
11,151.8 sqft ::
1,036 m2
Commercial for Sale
Sale price per sqm: 5,962.4
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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).
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).
Features:
- Reference Number: 202_3849_47463
- Number of Levels: 2
- Building Description: Total Units: 38
Location:
06100 Nice, Provence-Alpes-Côte d'Azur, France
Listed By CENTURY 21 Azurim
The Commercial for Sale located in 06100 Nice, Provence-Alpes-Côte d'Azur, France is currently for sale. This property is listed for €5,300,000 EUR. This property has 1,036 m2. If this property isn't what you're looking for, search Provence-Alpes-Côte d'Azur Real Estate to see other Commercial For Sale in Nice.