valuation France

BNP Paribas Real Estate Valuation France has local property experts covering the whole of France, with 11 regional offices valuing assets in: Rouen, Paris, Bordeaux, Grenoble, Lille, Lyon, Marseille, Nantes, Nice, Strasbourg and Toulouse

Nice has long attracted occupiers, investors and banks to its property market thanks to its booming tourism and retail industries. Discover Nice’s property market

Property valuation in Nice

Our real estate experts in France are able to value your property across the country. Our valuers understand the subtleties of Nice’s property market and can help you in your property valuations across the city.

Understanding property value in Nice

With a population of approximately 343,000* Nice is one of the largest urban areas in the South of France. Located within an hour of Monaco, Antibes and Cannes, Nice is an attractive location for international business in the French Riviera. As a seaside city, Nice benefits from a Mediterranean climate that draws up to 5 million tourists** to its beaches each year. The city’s old town, Vieux Nice, is a major retail centre for tourists.

As a member of French Tech Côte d’Azur, Nice is home to a number of start-ups and companies in the digital and ICT sectors. Occupiers, investors and banks have long been attracted to Nice because of its proximity to neighbouring Sophia Antipolis, a major technology hub often referred to as the “French Silicon Valley.” 

In addition, the city is currently experiencing a massive transformation in its infrastructure: a tramway extension will connect Nice’s old town district to outer suburbs, while the Promenade des Anglais along the city’s coast is being renovated to refurbish the entirety of the famous footpath by 2020.

Whether you wish to estimate the property value of a commercial, logistics or retail asset in Nice, our valuers understand local market and rental values and can perform property valuations across the city’s different submarkets.

Property value in Nice’s main submarkets

Nice’s property market benefits from a rich tourism industry, attracting investors to its retail and commercial sectors in the city’s old town, Vieux Nice, and along the Promenade des Anglais. At the same time, multinational players are drawn to the city’s technology sector, most present in L’Arenas, its main business district.

At just 3 minutes*** by foot from Nice Côte d’Azur airport, with access to an international motorway linking the district to Belgium, Spain, Italy and Paris, L’Arenas is home to 300 national and multination companies in banking, tourism and financial services. A number of extension projects are in progress in the region. The area is expected to expand from 10 hectares to 51 hectares in the coming years via mixed-use and sustainable development projects such as the addition of an events centre to attract international salons and congresses to the region.*** 

 

Acropolis

Acropolis is a neighbouring business district characterised by its convention centres: the Palais de Congrès Acropolis and the Palais des expositions. Nice’s economy has always been largely focused on tourism, and these convention centres attract tourists to international events each year. 

Whether you wish to estimate the property value of a retail, office, or hotel asset in Nice, our experts can guide you in your property valuations across the French Riviera. 

 

Our team in Nice:

Our team of experienced valuers in Nice covers the Nice urban area and its surrounding cities along the French Riviera. We understand local market rental values and the trends affecting property markets across the south of France and, together with our dedicated Research and Analytics department can guide you in your property valuations with valuable market insights. 

 

*Source: UN
**Source: en.meet-in-nice.com
***Source:Arenasnice.fr

 

 

 

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