Sale Apartment
Nice

NICE – SAINT BARTHELEMY - 9 APARTMENTS SOLD RENTED

Nice Saint Barthelemy area, located in a beautiful stone building with old-world charm, at the foot of shops and all amenities, discover this real estate complex of 9 rented apartments, which is an ideal opportunity for an investor wishing to acquire a immediately profitable rental property, 7.4% net yield.

The total living area offers 313.01 m² LEGISLATIVE and consists of 9 currently rented apartments spread over several floors:

- 1st floor: a 2-room apartment of 36.30 m², rented €733.54 per month including charges

- 2nd floor: a 2-room apartment of 40.35 m², rented €760.06 per month including charges

- 3rd floor: a 2-room apartment of 36.60 m², rented €722.32 per month including charges

- 4th floor: a 2-room apartment of 40.77 m², rented €756.66 per month including charges

A studio of 18.48 m², rented €514.38 per month including charges

- 5th floor: a 2-room apartment of 37.32 m², rented €711.88 per month including charges

A studio of 20.84 m², rented €530.85 per month including charges

- 6th floor: a 2-room apartment of 53.16 m², rented €863.89 per month including charges

A studio of 28.19 m², rented €582.26 per month including charges.

All apartments have balconies or terraces, very high ceilings, and unobstructed views.
The rents generate a total rental income of €6,175.84 per month including charges, or €74,110.08 per year including charges.

The entire property is sold occupied and allows for immediate diversification of rental income, spread among six 2-room apartments and three studios.

New roof installation, facade restoration already paid for.
No work to be expected in the co-ownership.
A rare patrimonial investment in the sector, offering risk pooling and potential for long-term appreciation. The apartments are managed by a professional.