Property Details:
NICE, French Riviera an exceptional town located between the ALPS and the Mediterranean– Minutes to sea, an hour to ski resort. Located in the heights of Dynamic and modern NICE, Les Terraces Nicea offers open views, green surroundings, a magnificent complex with large window bays and waterfall architecture terraces. High standard built with electric window blind in living room, lift, parking with automatic door. Interphone and digicode.
Delivery: 4th quarter 2009
55,89 m² to 68,63 m²
3 units—1 bedroom
1 unit- 2 bedrooms
Area Information:
Nice,located in between the sea and the mountains is the fifth largest city in France which acts as a magnet attracting people from all over the world, for a multitude of reasons. Not only renowned for its grace, Nice has become a hub for research in industry, science and advanced technology since the creation of such centers as Acropolis and Sophia Antipolis. The Palais de Congrès, a convention center, can accomodate diverse functions and the international airport has a capacity that only Paris can better.
Both elegant and simple, Nice's charm comes from its exceptional climate as well as its beauty. Even in the winter the café terraces are filled with people happily drinking and contemplating the ultra famous Promenade des Anglais. Always in flower this wonderful walk follows along the bay, looking out onto the Baie des Anges and the beaches on one side, and on the other such luxury hotels as the Negresco.
The only way to get to know the real Nice is by strolling through the ochre colored streets listening to the "Niçois" speaking their own language (Nissart) and by tasting their savory cooking. A gem of a city.
Our Oui Can Do opinion:
Why invest in "Nu Propriete?
Freehold ownership of the walls– treated same way as any other property ownership.
Upfront 15 years rentals “usufruit” with institutional Rental Agency or local council working with the state.
Property priced at 60% of its full value.
Secure property investment.
Protection against inflation.
No bad tenant or management risks, none of risks normally associated with rentals and management companies.
No costs or charges, no property taxes, no management charges, no maintenance costs, no repair costs, no tax land (tax foncier).
No French capital gains tax due if property sold after 15 years.
Low financial engagement.
Quality property investment to add in your portfolio via classic purchase or PENSION scheme
- Easy exit with strong capital gains at end of term: SELL– LIVE IN IT– RENT IT OUT
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