Property in Garibaldi
The city’s chicest piazza is as elegant as they come. Place Garibaldi was built by Nice’s Italian rulers in 1784 and is ringed by porticoes. Eight vibrant restaurant terraces adorn its one-square-kilometre precinct. Weekend markets vend antiques, brocante, fine art and second-hand books. Such scenes are shaded by towering oaks and sub-tropical trees.
Of all the zones that were greened and gentrified by Tramway 1, place Garibaldi is the shining star. The tram now glides through the square’s centre. Every overlooking building has been decorated with original trompe l’oeil by court order. It also benefitted hugely from the creation of 2013’s Coulée Verte park, which abuts the piazza to the west.
Alongside the Centre Ville, Place Garibaldi is also the only place in Nice where Tramway 1 and Tramway 2 will meet. An underground station is being constructed on the square’s southern edge.
The zone’s renaissance has spread to the surrounding streets. Antiques around rue Ségurane and art street rue Delfy lead off place Garibaldi. Both exemplify the quarter’s Niçois building stock, lightly trafficked streets and family-friendly neighbourhood feel. The award-winning Museum of Contemporary Art (or MAMAC) guards the square’s northern flank.
Some of Nice’s highest real estate price rises have been along rue Bonaparte, which also leads off the square’s eastern edge. A gay-friendly zone, it’s referred to by the French press as the “mini Marais” after Paris’s café-strewn pedestrian district. The surrounding areas up to rue Barla (including the streets around rue Bavastro, rue Emmanuel Philibert and rue Lascaris) comprise one of the hottest investment areas in Nice.
To surmise, Place Garibaldi is an effortlessly refined square that sits at the apex of the Port and Old Town. From here two trams connect every elegant area of Nice. The attractions for a residential or rental investment property are obvious.