Located near the city center of Nice, the district of Mont Boron is probably the most residential district of Nice. It has an exceptional housing estate, with many bourgeois houses, old palaces and architectural works such as the English Castle. This area stands out with its huge natural park of 57 hectares, where many protected species, aromatic plants, olive trees, oaks, parasol pines are present. You can enjoy this area on foot or by bike, through its trails. The layout of the properties at the foot of the hill offers a breathtaking panorama! The port of Nice, called "Port Lympia" is a trendy and lively neighbourhood. A lot of work has led to this renewed attractiveness, such as the launch of a tramway line, or the development of some pedestrian streets. Nice Mont Boron and Port Lympia constantly attract the curiosity of foreign and local investors.
Apartment | House | |
Surface type (Av.): | 120 m2 | 250 m2 |
Min price (Av.): | 800,000 € | 1,700,000 € |
Med price (Av.): | 1,200,000 € | 3,500,000 € |
Max price (Av.): | 1,800,000 € | 5,000,000 € |
Even though market prices have declined over the last five years, considering it to be stalled, the market has been stable since 2014. It allowed a slight increase in prices. This stabilization has led to an increase in available offers at more competitive prices. As a result, in areas such as Nice, Antibes and Cannes, the number of transactions is up. Saint‐Tropez hadn’t been spared, after having exceptional years, and experienced crisis. But since 2016 transactions has begun to restart. Today, investing in Cote d’Azur is also a guarantee of profitability. In addition, foreign buyers have favorable legislation and benefit from the euro decrease against dollar. These elements allowed to relaunch a market frozen since few years.
Cote d'Azur attracts a clientele of wealthy local families, liberal professions workers, business leaders or senior managers, as well as a diversified international clientele looking for quiet, green and close location to the city center for holidays, with an easy access and many cultural activities.
Before any investments, international foreigners must approach an industry professional to know the conditions related to this investment. This professional must first collect the primary information of the purchaser, his nationality, his country of residence, his professional situation and his matrimonial regime. Members of the European Union and countries signatories to a special agreement with France, benefit from special regimes. On the other hand, foreign buyers do not need to constitute a company to benefit from another status and therefore depend on a different legal and fiscal regime.