Property in France


This property in France has been identified by Property Uncovered as being an exceptional investment opportunity due to its up-and-coming area and its stunning prices.

Property in Nice: Castle D'Azur

CASTEL D'AZUR - NICE


CONTROL PANEL
City: Nice
Prices from: € 126,000
Completion: December 2008
Local mortgage: available
LTV: 80%
Total units: 92
Available units: 31
Under market value: 15%
Expected capital growth: 12% pa
Letting agent: dedicated local agent
Expected rental yield: 7% gross
Currency: Euro
Advised exit strategy: mid-term
Main feature: Next to the future tram station


OVERVIEW
Red tiled roofs, classic columns and attractive moulding are some of the fine architectural touches that add elegance to this five-storey development, which is part of the project for renovating this whole neighbourhood. It is ideally situated just a couple of steps from St Roch in Nice. There are green spaces located over the underground car park and directly in front of the ground floor apartments.


THE AREA
Castel d'Azur is a great choice for quiet and peaceful living on the Cote d'Azur, while also being with easy reach of the city and its beautiful beaches, shops and restaurants and lively nightlife.

There is something going on nearby all year round, including several music festivals. Close to the St Roch neighbourhood are libraries, schools, the Palais d'Expositions, the Arenes de Cimiez, as well as a stadium and swimming pools.


Get more information on property for sale in France.
WHY INVEST IN THE CASTLE D'AZUR RESIDENCE?
- Amazing prices: only 3,000 Eur / sqm, cheaper by 15% compared to any other developments in the area

- Superb location:
  . 2 minutes walking distance to the future tramway station with direct access to the centre of Nice. The tramway will be operating from November 2007.
  . 2 minutes walking distance to the main local supermaket (Leclerc).
  . 5 minutes drive to the "Provencale", the motorway between Italy / Monaco / Nice / Montpellier / Narbonne / Spain

- The builder is owned by BNP Paribas, the biggest bank in France