Furnished studio 20m² with terrace and no direct view - gross yield of 7.15% possible after tenant leaves in 2026

Magnan district at 30 avenue de la Bornala

Back on the market

Charming newly renovated furnished studio of 20m² on the 4th floor with elevator
Quiet, bright, no direct view, overlooking greenery.
Close to the Promenade des Anglais and the beaches
Quick access road nearby
Amenities at the foot of the building (pharmacy, pizza, convenience stores, bus stop, bakery, gym, hairdresser, vehicle inspection, garage, Blue bike ...)
10 minutes on foot: Faculty of Law and Political Science and Carlone campus, university library of Letters, Arts and Humanities, tramway, beach and sea

Current rent is €636 including charges - Market rental value: €680 / month
Charges are approximately €120 / month
Property tax is €580 / year

The stated gross yield is based on a sale price of €114,000
 
10 minutes by car to the city center with Nice Etoile, L'Archet Hospital, the airport and highway entrance, Lenval Clinic

The building entrance is secured with an intercom and Vigik system

More information available upon request

Possibility to purchase an underground parking space for €20,000

Listing prepared under the editorial responsibility of Grégor Montagnac
Commercial agent registered with the special register of commercial agents (RSAC) of the Grasse commercial court under number 819 321 639 reachable at 07 88 398 038
Mandate No. 8835
Property price €114,000 including fees
Property price excluding fees €114,000
Fees €0 including tax as I am the owner
Fees payable by the seller