Real estate price per square meter in Nice Promenade des Anglais, Avenue de Verdun, Av de Suede and the famous Albert 1st Gardens

Property prices per square meter on the Promenade des Anglais, the Albert 1st Gardens, Avenue de Verdun, the place Massena …
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Please peruse the 12 photos at your leisure, and scroll through to explore this beautiful area.

 

Real estate prices per square meter on the Promenade des Anglais can be divided into 4 distinct zones ?

Property prices per square meter on the promenade des Anglais in Nice can be cut into 4 distinct areas.
The price of the Promenade des Anglais can range from 4500 Euros per sq m for the area nearer the airport (large quantities of properties are for sale here) to more than 15,000 Euros per m² for the exceptionally located properties (only a handful of these properties tend to be for sale).
In the high-demand area of the Promenade des Anglais (between the casino and the Boulevard Gambetta), prices range between 8 000 and 12 000 Euros/m2, depending on the area, and the floor number the property is located on.
After Gambetta, prices decrease to 7500 € / m2, and 4500 € / m2 if one continues a little farther to Magnan.
These prices can go down to 4500 euros/m2 gradually as one approaches Carras and the noisier area around Nice airport.
70 percent of properties purchased on the Promenade des Anglais are the result of foreign buyers looking to invest.

Are property prices on the Promenade des Anglais much cheaper than those on the Cannes « Croisette » ?

It is important to note that real estate prices on the Promenade des Anglais are relatively inexpensive compared to prices on the Croisette in Cannes.
Cours Saleya and the portion of the Quai des USA, encompassing the Hotel La Perouse in the Jardin Albert-1er, tend to cost upwards of 15,000 € per m² ; they habitually have zero defects, and are in perfect condition.
If you are looking to invest in real estate in Nice, French Riviera, (over the medium term) and have an adequate budget, why not position yourself on the promenade des Anglais ? It is the number one place in Nice French Riviera.
To find a luxury apartment and make an investment on the Promenade des Anglais, please send us your exact criteria so we can get started on finding your next dream location !