Warde Property
Tel: +33 6 52 22 60 99     
 
Nice, France

Carre d'Or

Property in Nice

The Carre d'Or is central Nice, prime real estate.

It is bordered by the Promenade des Anglais to the South, Boulevard Victor Hugo to the North, Avenue Jean Medecin to the East and Boulevard Gambetta to the West.

Rue Massena leading onto rue de France is the epicentre with its long pedestrian area with cafes, restaurants, chic boutiques and some high street chains. Boulevard Victor Hugo is one of the most prestigious, Bourgeois streets in central Nice with lots of trees and wide pavements. Avenue Jean Medecin is Nice's high street with all your typical brands such as Zara, Galeries Lafayette and H & M. Rue Alphone Karr is a narrow, chic street with beautiful trees and upmarket boutiques. Similarly, rue Paradis and Avenue Suede offer impressive retail therapy options.

Favoured by a wide variety of clientele, the Carre d'Or is known as a solid investment market with reliable resale opportunities. For those who are new to Nice or looking for a long term investment, you cannot beat the Carre d'Or.

Long term rental and holiday rental prospects are excellent in this area with strong demand for both.

Prices in the Carre d'Or are on the higher side compared with other areas in central Nice, but lower than Mont Boron or the Promenade des Anglais. An average one bedroom: 40 square metres with a balcony, good condition/renovated, generally goes for around 240 000 to 270 000 Euro. For a 2 bedroom apartment of around 70/80m2, budget around 400 000 Euro. Larger apartments can be found in higher budgets.

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