Nice, a vibrant city on the French Riviera, has long been a favourite destination for expats. With its stunning coastline, rich cultural heritage and welcoming community, Nice offers an ideal blend of relaxation and excitement. Let’s explore why Nice is so appealing to expats, how to navigate the property market, the cost of living, must-visit places, and the thriving expat community.
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The allure of Nice for expats
Nice’s appeal to expats is undeniable. The city boasts a Mediterranean climate, with over 300 sunny days a year, making it perfect for those seeking a sun-soaked lifestyle. Its picturesque Promenade des Anglais, bustling old town, and proximity to other European hotspots make Nice a convenient and desirable place to live.
Expats are drawn to Nice not only for its natural beauty but also for its cultural richness. The city hosts numerous festivals, including the famous Nice Carnival, and offers a plethora of museums, galleries and theatres. The blend of French and Italian influences is evident in the architecture, cuisine and overall ambiance, providing a unique living experience.
> You might be interested in this article: Moving to the French Riviera? This is what you should know
Navigating the property market in Nice
Types of property available
Nice offers a diverse range of properties catering to different tastes and needs. The types of properties you can find in Nice include:
- Historic apartments: These are typically located in the old town (Vieux Nice) and are known for their charming architecture and unique character. They often feature high ceilings, original wooden beams, and traditional French balconies.
- Modern apartments: Found throughout the city, especially in newer development, these properties offer contemporary designs and amenities, such as open-plan living spaces and high-quality fittings.
- Villas: These are often located on the hills surrounding Nice, offering spectacular views of the Mediterranean Sea. They range from traditional Provencal-style homes to luxurious modern villas with swimming pools and expansive gardens.
- Seafront properties: Along the promenade des Anglais and other coastal areas, you can find apartments and houses with stunning sea views, offering a prime location but at a premium price.
- Suburban homes: In the outskirts of Nice, there are more spacious homes with gardens, ideal for families seeking a quieter lifestyle while still being close to the city.
The property market: Availability and speed
The property market in Nice is competitive, particularly in desirable areas, such as those with sea views or in the historic centre, tend to be snapped up quickly. The demand from both local and international buyers means that good properties do not stay on the market for long.
- Finding a property: Working with a local real estate agent who understands the market is highly recommended. They can provide access to new listings quickly and help you navigate the competitive landscape.
- Viewing and offers: Be prepared to act fast when you find a property you like. Scheduling viewings promptly and making swift offers can be crucial in securing a desirable property.
The buying process
The process of buying a property in Nice, and France in general, involves several steps:
- Property search: Engage with local real estate agent and start viewing properties that meet your criteria.
- Making an offer: Once you find a property, you make a formal offer to the seller, which can be done through your agent.
- Preliminary contract (contrat de vente): If your offer is accepted, you will sign a preliminary contract. This contract outlines the terms of the sale and includes a cooling-off period of ten days, during which you can withdraw without penalty.
- Down payment: Typically, you will need to pay a deposit, usually around 10% of the purchase price, when signing the preliminary contract.
- Notary involvement: A notary (notaire) is required to oversee the transaction. They will conduct due diligence, ensure all legal requirements are met, and prepare the final sale deed (acte de vente).
- Final signing: The final deed is signed in the presence of the notary, and the remaining balance of the purchase price is paid. The notary will then register the property in your name.
More info on buying a property in France with our free guide to download.
Property prices for rentals and sales
Navigating the property market in Nice can be exciting but challenging. The city offers a range of properties, from historic apartments in the old town to modern villas with sea views. Rental prices vary significantly based on location and property type. On average, renting a one-bedroom apartment in Nice can cost around 881 € per month. If you are looking for a long-term rental in Nice, or the French Riviera, we can help you!
For those looking to buy, property prices in Nice are relatively high due to its popularity and prime location. As of 2024, the average price per square meter in nice is 5,178 €. It’s advisable to work with local real estate agents who understand the market dynamics and can help find the best deals.
> You might be interested in this article: Investing in the French Riviera: Opportunities and considerations for expats
Cost of living in Nice
The cost of living in Nice is higher compared to other French cities, but it is justified by the quality of life. Groceries, dining out, and transportation costs are relatively high. The cost of living in Nice is on average 25% lower than in London excluding rent and 40% lower including rent. For US expats, the cost of living in Nice is 55% lower than in New-York, 38% lower than in Los Angeles, 33% lower than in Chicago, and 38% lower than in Miami, all including rent.
A meal at an inexpensive restaurant costs around 14 €, while a three-course meal for two at a mid-range restaurant can set you back 55 €. Public transportation is efficient, a monthly pass costs around 40 €.
Despite these costs, many expats find the lifestyle in Nice worth the expense. The availability of fresh produce, access to beautiful beaches, and the city’s vibrant cultural scene offer an unparalleled living experience.
Exploring must-visit places in Nice
Must-visit in Nice
Promenade des Anglais: The Promenade des Anglais is one of Nice’s most iconic locations. Stretching along the Mediterranean coast, this famous boulevard is perfect for leisurely strolls, bike rides and rollerblading. The promenade offers stunning sea views, beautifully landscaped gardens, and plenty of spots to sit and enjoy the scenery. It is also lined with upscale hotels, restaurants, and cafes, making it a vibrant hub of activity day and night.
Old Town (Vieux Nice): Vieux Nice, or the Old Town, is a charming maze of narrow, winding streets filled with colourful buildings, local boutiques, and lively markets. The area is rich in history and culture with landmarks such as the Cathédrale Sainte-Réparate and the Palais Lascaris. The Cours Saleya market is a highlight, where you can buy fresh produce, flowers, and local delicacies. The Old Town’s vibrant atmosphere and unique character make it a must-visit for anyone in Nice.
Castle Hill (Colline du Château): Castle Hill offers some of the best panoramic views of Nice and its coastline. Although the castle itself no longer stands, the park atop the hill is atop the hill is a popular destination for both tourists and locals. The area features lush greenery, waterfalls, and ruins, making it a perfect spot for hiking and picnicking. The view from the top, especially at sunset, is breathtaking and provides a fantastic photo opportunity.
Museums and Galleries: Nice boasts a rich artistic heritage, reflected in its numerous museums and galleries. The Musée Matisse, located in the Cimiez neighbourhood, houses an extensive collection of works by Henri Matisse, who spent a significant part of his life in Nice. The Musée d’Art Moderne and d’Art Contemporain (MAMAC) showcases contemporary art, with pieces from artists like Yves Klein and Andy Warhol. Additionally, the Musée Marc Chagall is dedicated to the works of Marc Chagall and is another cultural gem in the city.
Must-visit in surrounding areas
Monaco: Just a short drive from Nice, Monaco is a glamorous destination known for its luxury casinos, yachts and the annual Formula 1 Grand Prix. Visit the Prince’s Palace, the Oceanographic Museum, and the famous Monte Carlo Casino.
Antibes: Antibes is a picturesque town known for its beautiful beaches, historic old town, and the renowned Picasso Museum, housed in the Château Grimaldi. The vibrant marina, Port Vauban, is one of the largest in the Mediterranean and is filled with impressive yachts.
Cannes: Famous for its international film festival, Cannes is a chic destination with upscale boutiques, sandy beaches, and the historic Le Suquet district. Stroll along the Boulevard de la Croisette, visit the Palais des Festivals, and enjoy the glamorous atmosphere of the renowned city.
Eze: Eze is a medieval village perched on a hilltop, offering stunning views of the French Riviera. The village is known for its quaint, cobblestone streets, exotic gardens, and the historic Eze Castle ruins. The Fragonard perfumery is also located here, where you can take a guided tour and learn about the art of perfume making.
Building a strong expat community in Nice
Nice has a thriving expat community, providing ample opportunities for socialising and networking. Various expat groups and clubs organise regular meet-ups, cultural events, and activities, helping newcomers settle in and make friends. The international schools in Nice also offer a sense of community for families moving with children.
For those seeking professional connections, Nice hosts numerous business and networking events, often organised by chambers of commerce and other professional associations. Engaging with these groups can provide valuable support and enhance your expat experience.
There are a few Facebook groups for expats in Nice you can join such as these ones: Nice Côte d’Azur Expats, LE RÊVE: For & By Expats in Nice, Cannes, Antibes, Monaco, Eze …. and Nice Expat Events.
Final notes
Nice, with its sunny weather, stunning scenery, and rich cultural life, continues to be a top choice for expats. Whether you’re looking to rent or buy a property, understanding the market and costs involved is crucial. The vibrant expat community and plethora of must-visit places make settling in Nice an enjoyable experience. Embrace the allure of this beautiful city and enjoy the unique lifestyle that Nice offers. If you want to go further, you can download our free guide to the French Riviera.
