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Flat 24 м² in Nice, France

165 938 $

6 914 $ /м²

4OV6c
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Area

24 м2

Bedrooms

1

Bathrooms

1

Renting out a 24 sqm studio as an investment property

In the heart of the Magnan neighborhood, on La BORNALA Avenue, I invite you to discover a 24 sqm studio on the second floor with a balcony on the street side.Facing southwest, this lovely furnished apartment with sunny balcony and dining area will delight you.Bright, quiet and conveniently organized, this lovely apartment is located on the second floor with elevator in the Rabelais residence.It consists of an entrance hall with dressing room, large living room with sofa bed, TV and dining area, renovated and well equipped kitchen with plenty of storage.The beautiful renovated bathroom is equipped with a washing machine.Available immediately for furnished rental.The property is subject to a co-ownership regime.Charges: hot water, cold water, heating, number of HOA units: 60, average annual cost share (provisional budget): 3120€ or 260€ per month. Agency fees are paid by the buyer, i.e. 7,50% of the property price including VAT.Information on the risks of this property is available on the Geohazards website: www. Geohazards. Govt. .fr.Contact Thibault Casabianca Self-Employed, commercial agent of OptimHome (RSAC N°438 964 454 Greffe de NIS) 06 51 52 67 02 https://www.optimhome.com/conseillers/casabianca (field 549964)

Additional details

Property type

Residential Properties

Object type

Flat

Price

165 938 $

FAQ

In France a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Nice; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in France finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of France takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Nice short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (165 938 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Nice: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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