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  • € 239.000
  • 5 Bedrooms
  • For Sale

Nice city centre – Rental investment

Rue Trachel 24, 06000 NiceOpen map

Features

  • 5 Bedrooms
  • 1 Bathroom
  • 1 WC
  • 1 Shower Room
  • 5 No. of Floors in Building
  • Balcony

Areas

  • Bedroom 1
    12 m2
  • Bedroom 2
    12 m2
  • Bedroom 3
    16 m2
  • Bedroom 4
    12 m2
  • Bedroom 5
    14 m2
  • Gross Area
    77 m2
  • Liveable Area
    74 m2
  • Liveable (Carrez act)
    74 m2

Energy

  • Electricity
  • Individual Heating

Price & Condition

Price

€ 239.000

Condition

Poor
Fair
Good
Mint
New

Description

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.

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