Located in a quiet street in the sought-after Gambetta / Fleurs district of Nice, within immediate proximity to shops, transport and all amenities, this freehold residential building represents a rare opportunity for investors seeking a property with strong value-add potential.
Offering approximately 220 sqm of total floor area, the building is currently composed of 8 independent studio apartments, functional and immediately suitable for rental use.
The property also includes:
a garage of approximately 40 sqm, which is rare in the area and offers potential for conversion or further value enhancement,
convertible attic space, allowing the creation of additional living area.
The property is located in a highly desirable environment while still benefiting from a quiet setting in the heart of the city.
Thanks to its configuration and the existing building division (state of division already established), the property offers several investment strategies:
immediate rental operation,
optimization with the creation of additional units,
individual resale of units to maximize value.
A rare opportunity on the Nice property market, ideal for long-term investors or value-add development projects.
Individual energy performance ratings range between C and D depending on the units.
Energy rating: C–D
No legal proceedings in progress to our knowledge
Property tax: €2,949
Information regarding potential risks affecting this property is available on the Géorisques website: georisques.gouv.fr
Contact us for a visit and a personal selection of alternative properties. We offer a full service in real estate, from selection, visits and negotiations to financing, renovations and the most effective fiscal structure. Use our extensive expert network!