Property Prices in Nice, France

Index Info
Price to Income Ratio: 9.80
Mortgage as Percentage of Income: 64.31%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 31.47
Price to Rent Ratio - Outside of Centre: 23.57
Gross Rental Yield (City Centre): 3.18%
Gross Rental Yield (Outside of Centre): 4.24%
Rent Per Month
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Apartment (1 bedroom) in City Centre 876.36 € 790.00-1,100.00
Apartment (1 bedroom) Outside of Centre 724.00 € 600.00-900.00
Apartment (3 bedrooms) in City Centre 1,775.00 € 1,500.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,350.00 € 1,100.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 590.59 € 418.06-836.12
Price per Square Feet to Buy Apartment Outside of Centre 351.48 € 325.16-390.19
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,586.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.84 1.00-3.50

These data are based on 98 entries in the past 18 months from 16 different contributors.
Last update: August 2023

Sources and References
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