From high-fliers to foreign families, a variety of different types of buyers regularly choose to purchase property on the French Riviera. In this five-part series, we get up close and personal with a selection of these happy buyers, asking them about the buying process and their property goals.
An entrepreneur based in Dubai, David Grunfeld purchased the Old Town apartment Agatha in early 2014.
David, why did you choose to buy an apartment in Nice? In particular, why did you choose your neighbourhood?
Years ago, as students, my wife and I fell in love with Nice…and then we fell in love with each other. Though we’ve moved around a lot since then, Nice has always held a special place in our hearts.
We now live in Dubai, which is amazing but also frenetic and lacking in authenticity, so we tend to seek a more relaxed pace and cultural stimulation for our holidays – both for our children’s education and our own sanity.
We spent a week in Nice a couple of years ago and fell for the place all over again. We were staying in a Nice Pebbles apartment and enjoyed the experience so much that we started to consider buying a property in Nice.
Located in Nice’s Old Town, our apartment’s position is perfect – only a few minutes’ walk from the Promenade des Anglais, the Colline du Château (Castle Hill), the Cours Saleya, and all the amazing markets, restaurants and boutiques around the historic Old Town, the commercial centre, and the trendy Port area. And Vieux Nice has no traffic, so it’s safe and quiet…but trams, buses and taxis are only a block away.
What are your goals for the apartment?
The apartment is an investment but we plan on enjoying it too. That’s one of the great things about using it for holiday rentals – people from around the world can enjoy the apartment and experience the best of Nice and the Riviera…and so can we.
We plan on visiting at least a couple of times a year and using it as a base to explore Southern France, Italy and Spain. From winters in the nearby Alps to relaxing on the picturesque beaches in the summers…it’s a tough place to beat.
What has been the biggest surprise about owning property on the French Riviera?
We’ve only owned the property for a few months, but so far the biggest surprise is how excited friends and family members are about it. These days, with social media, you don’t even have to tell many people about it; everybody seems to find out soon enough…and ask when they can go and stay there to enjoy the apartment and the wonders of the Riviera!