Culture, History, and Business
Nice has been host to many settlements in its long history, the first of which can be dated back to 400,000 years ago. It was founded by Greece in 350 BC, and given the name Nikaia. Later taken over by the Romans in 154 BC, Nice took part in many Italian wars during the middle ages. The city was partially occupied by the French during the 18th and 19th century, and officially became a city of France in 1860.
Being the second-most popular and vibrant city in France, Nice is globally recognized for its rich culture. It is natural for a city with such a long history to have amazing landmarks and monuments that lay symbols to its refined culture. Its unique architecture mesmerizes the viewer with its tremendously detailed finishing. Thanks to its countless museums and galleries, this city adequately pays homage to artists of all eras and the masterpieces they have left behind. It is a dream destination for those looking to visit a modern city with all sorts of facilities that do not ignore its cultural and historical roots.
The main business in Nice is undoubtedly tourism, making it the second-most visited country in France. This city holds great economic importance to the entire nation due to its port, which is one of the primary harbors for ships and boats that sail the Mediterranean Sea. It is home to several business parks, one conference center, and a technology park by the name Sophia Antipolis. Nice’s economy is thriving due to the establishment of many businesses and industries. These include pharmaceuticals, biotechnology, telecommunications, production and export of goods, and many more.
The real estate market of Nice is one of the strongest in France. It has been further strengthened by Brexit, which has lured a significant chunk of the investment traffic from London to the main French cities. Being a major tourist hub, a reliable investment option in the city would be through short-term rentals and Airbnb. Its perfect location with easy access to the rest of the world attracts not only leisure-seekers, but also businessmen looking to expand their industries. Commercial property investments can also be a viable choice.
Being a district capital, Nice is subject to great infrastructural development. This leads to frequent increases in property prices in the city, but not to the extent that makes it too expensive for investors in comparison to other French hotspots. It’s fair to say that the real estate market of Nice has heaps of potential for investors from around the world.