Why does Nice's Carré d'Or attract so many buyers?
Located in the heart of Nice, between the Promenade des Anglais, Rue de France and Boulevard Victor-Hugo, the Golden Square This area is highly sought after by buyers (locals, investors, foreign residents, Parisians looking for a pied-à-terre). It offers an elegant atmosphere, ideal transport links, high-end shops and irresistible Belle Époque architecture.
Real estate values: price per square meter, trends and typologies
| Kind of good | Estimated average price per square meter* | Total price (estimate) |
|---|---|---|
| Studio (25 m²) | €7 – €500 | approx. €630,000 – €850,000 |
| 2 rooms (45 m²) | €8 – €000 | approx. €630,000 – €850,000 |
| 3 rooms (70 m²) | €9 – €000 | approx. €630,000 – €850,000 |
| Luxury (150 m²+) | €11 – €000 | approx. €1,65 million – €2,17 million |
*These estimates are taken from advertisements and transactions observed in the last 3 to 6 months in the Carré d'Or area of Nice, with a minimum of 120 properties analyzed.
What do these prices correspond to?
- Exceptional location : a stone's throw from the beach, trams (Lines 2 and 3), transport, chic shops (luxury bags, haute couture, galleries).
- Beautiful surfaces : traditional buildings with high ceilings, moldings, south-facing orientation.
- Strong rental potential : gross rental yield of 5% to 7%, or even up to 9% for studios.
- Works : a 50 m² apartment to renovate may require a budget of €1,000 to €1,200 per m², i.e. between €50,000 and €70,000 extra.
Please note that these approximations are in no way an estimate. Nothing replaces a visit from a real estate agent specializing in the Carré d'Or to obtain a confidential and discreet valuation of your property.
Purchase or investment advice
- Rely on the right intermediaries Our agency has known the area for 15 to 20 years, specializing in the Carré d'Or, Nice city center.
- Read the Energy Performance Certificate (EPC) carefully. Old properties are often listed as historical monuments. D to G ; an energy renovation (double glazing, boilers, insulation) can cost between €8,000 and €20,000 depending on the surface area.
- Consider seasonal rentals : in Nice, a well-located 2-room apartment of 45 m² can generate €1,200 to €1,800 per week in season, i.e. 5 to 7 weeks of occupancy per year for a gross income of €9,000 to €12,600.
- Financing Options A 20-year loan at a fixed rate of 2% results in monthly payments of approximately €600 for a loan of €140,000. Compare this with expected rental income to determine net profitability.
Are you considering buying, selling, or investing in real estate near Golden Square in Nice Contact a specialist agency in the city center for:
- Free and personalized estimate based on the condition of the property.
- Energy renovation advice.
- Information on seasonal rental regulations in Nice.
Nice Carré d'Or Real Estate Agency – For almost 20 years, we've been by your side in the most beautiful neighborhoods of Nice. Buying, selling, seasonal rental investment. Free appraisals, energy performance certificates, network of international buyers. Competitive commission between 5% and 7%, premium service.
Frequently searched keywords:
Don't hesitate to contact our real estate agency in the heart of Golden Square in Nice to buy or sell real estate in this area: Cabinet Vogue – Real Estate Agency Nice Carré d'Or.
You can also choose to view all our apartment listings for sale in the Carré d'Or by following this link: Real estate listings in Nice's Golden Square.
