Nice is the fifth-largest city in all of France, and it is estimated that around 4 million visitors arrive each year. The city boasts exceptional connections, both in terms of its airport and railway systems. Many tourists focus on the beaches, but Nice has much more to offer. Let’s not forget that it is one of the most important university cities in France and has a recognized technology hub. Thatโs why renting a house in Nice can be a good investment. But whom should you trust with the rental of your apartment?
Flatlooker Real Estate Agency in Nice is one of the most experienced rental agencies in Nice. Flatlooker rents out your property three times faster than a traditional agency in Nice. It uses tested and effective communication channels, not just in terms of technology, and organizes promotional materials according to a well-thought-out strategy aimed at highlighting your property, giving it greater visibility, and carefully preparing the visits, one by one.
A constantly growing real estate market
Many foreigners buy homes in Nice. Indeed, the market is dominated by the trend of buying a house in Nice, which is positioned in the high end of the real estate market. The latter has shown excellent signs of recovery in recent years, raising prices by up to 4.5%. Buying a house in Nice is a safe investment as there are very good chances of generating substantial profits with very low risks. It remains one of the favorite tourist destinations, particularly with regard to the charm of the French Riviera. Buying a house to rent in Nice is a practical solution also thanks to tax relief. In fact, investing in new real estate under the Pinel law is highly appreciated by investors looking to build their assets and reduce taxes. The Pinel system allows you to significantly reduce taxes over 6, 9, or 12 years, saving up to 63,000 euros. The city of Nice offers great opportunities for those wishing to invest in rental properties.
Investing with the Pinel law in Nice
Located in the eligible Pinel A zone, Nice is one of the 5 most populated areas in France and attracts many retirees as well as students. The University and the Science Park of Nice-Sophia Antipolis host over 30,000 students annually. Investing in new buildings is, therefore, very interesting. The city is also revitalized by its international business districts and its position as the second tourist city in France. In this seaside metropolis, the demand for housing is higher than ever, and the emergence of many new real estate projects, backed by exceptionally low mortgage rates, makes the area highly sought after.
Renting to students and retirees is a safe and long-term investment
Renting with confidence is Flatlooker’s mission. University students and retirees have always been among the most numerous and “loyal” tenants, representing a target clientele that an owner can always count on. Rent in Nice is a good income. On average, the rent for a furnished two-room apartment in the center of Nice is about 800 euros. Moreover, Nice offers many fully functional services that become a real added value in daily life or during a stay.