Property in rue de France
In real estate stakes, rue de France has one defining factor. The street is located just a single block from Nice’s 5km-long beach with its morning joggers, lunchtime diners and evening strollers. Yet prices are far lower than those on the Promenade itself.
At its eastern edge, rue de France is Nice’s premier pedestrian-only shopping centre. Walking west past Nicolas and Massimo Dutti, one arrives at the Musée Massena and Negresco Hotel. Respectively they are Nice’s grandest museum (with magnificent public gardens tacked on) and Nice’s grandest hotel (previous guests include Grace Kelly and Her Majesty Queen Elizabeth II).
Such sophistication stretches further west towards the airport. Banks and art galleries stock the storefronts. Belle époque mansions rise above. Dépôt-ventes selling Hermès scarves and antique luggage occupy the surrounding streets. As the building stock begins to comprise more 1950s- and 1970s-era apartments, rue de France welcomes a solitary lane of one-way traffic.
Prices in these more modern buildings have been rising, as both owners and guests grow to appreciate elevators, concierges, terraces and communal heating. All of these accoutrements are common in this quarter. The zone’s family-friendly parks, sparsely trafficked thoroughfares and general tranquillity add up to an excellent investment package.
The street ends at a newly created mosaic of green near boulevard Grosso, where the subterranean Tramway 2 – currently under construction – is due to burst above ground. It will continue from here to Nice Airport in just over 10 minutes. Such transport links are a boon for anyone staying in a Nice apartment in this zone.