In Nice, in the Trachel district, this 74 sqm apartment offers a rare opportunity for investors looking for a clear, profitable and immediately income-generating rental asset.
Located on the 3rd floor, just steps from Nice-Ville train station, public transport, shops and the city’s main connections, the property benefits from a highly strategic city-centre location. This central area attracts steady rental demand from students, young professionals, mobile workers and tenants looking for a convenient address close to everything.
The apartment has been converted into 5 independent rooms, each with its own kitchenette and individual electrical panel. Each room is rented under a separate furnished lease, helping secure rental income and reduce vacancy risk.
Four rooms are already rented:
Room 1: 12 sqm – €420/month
Room 2: 12 sqm – €420/month
Room 3: 12 sqm – €300/month
Room 4: 14 sqm – €420/month
The 5th room, measuring 16.8 sqm, is currently vacant and can be rented immediately for an estimated €500/month.
Current rental income is €1,560/month. After estimated monthly costs of €440, the current net monthly income is €1,120. Once the final room is rented, total rental income may reach €2,060/month, with an estimated net monthly income of €1,620.
Sale price: €226,000.
Current gross yield: 8.28%.
Potential gross yield: 10.94%.
Current net yield: 5.95%.
Potential net yield: 8.60%.
A property designed for investment: central location, immediate income, separate leases, independent rooms and a full rental file available during the viewing.