Situated in the heart of the French Riviera, between the sea and the mountains, Nice continues to enchant with its colorful architecture and Mediterranean charm. As the 5th largest city in France, Nice is a sought-after destination that attracts not only tourists but also those looking to settle or invest in a second home. Whether you're seeking year-round sunshine or a pied-à-terre for your getaways, Nice offers an exceptional quality of life, blending beach, culture, and nature.
In this article, we will explore Nice's real estate market in 2024, current prices, market trends, and the most desirable neighborhoods.
Nice’s real estate market remains highly attractive, particularly for retirees and foreign investors, drawn by the city’s climate and laid-back lifestyle. In 2024, despite a slight price stabilization after several years of growth, the market remains competitive.
Nice attracts an international clientele, including British, German, and Dutch buyers, as well as French families seeking a pleasant living environment. The city offers a wide range of properties, from luxury apartments to contemporary villas perched on the hills with panoramic views of the Mediterranean.
In 2024, the average price per square meter in Nice is around €5,200 for an apartment and €6,000 for a house, with variations depending on the neighborhood and proximity to the sea. Here's a breakdown of prices in different areas:
Nice has seen a sharp rise in prices in recent years, driven by growing demand for second homes and luxury properties. In 2024, a price stabilization is noticeable, particularly in the most sought-after areas like Mont Boron and the Promenade des Anglais. This creates interesting opportunities for buyers looking to invest at a time when prices are no longer soaring.
However, the luxury market continues to experience strong demand, especially for villas with sea views or beachfront apartments, where prices remain high. Buyers are increasingly seeking properties with outdoor spaces, such as terraces or gardens, especially since the pandemic has heightened the need for comfort.
Nice continues to attract a diverse clientele thanks to its idyllic setting, cultural richness, and diverse real estate offerings for all types of buyers. Whether you're looking for a luxury apartment with a sea view or a home in the heart of Cimiez, Nice’s real estate market offers a wide range of options. Take advantage of the price stabilization in 2024 to make a long-term investment in one of the most beautiful cities on the French Riviera.