Nice is one of the cities that attract the most visitors throughout the year. With its Mediterranean climate, its many places to see and its proximity to many other destinations, it is one of the most sought-after cities by travelers. Our Nice concierge service deciphers the data collected by AirDNA concerning seasonal rentals in Nice.
Nice, an ideal destination for seasonal rentals
The city of Nice is one of the most touristic destinations in France. It has indeed built its economy on tourism and thanks to its pleasant climate throughout the year, it can boast of benefiting from substantial tourist income regardless of the season. Many luxury hotels but also more traditional ones are available to tourists wishing to visit the city. But the development of seasonal rental platforms has not spared Nice and many owners have wanted to take advantage of this, which also benefits travelers who can visit Nice at a lower cost than a traditional hotel.
Symbol of its tourist wealth, with 2,4 million euros, Nice is on the podium of the cities having collected the highest tourist tax in 2022, behind Paris (24,3 million euros) and Marseille (2,8 millions of euros). This tourist tax, paid by AirBNB, shows how seasonal rentals are on the rise in France and Nice. Indeed, the amount of the sum donated has doubled compared to 2021: Nice had received 1,2 million euros last year. Across the country as a whole, the sum has doubled by 60% compared to 2021, with a total of 148 million euros paid to French municipalities in 2022.
A significant number of seasonal rentals in Nice
With more than 340 year-round residents, Nice offers around 000 active listings on AirBNB. This does not count other vacation rentals available on other sites, as well as inactive listings. But it still shows a big tourist potential for the whole city. Nearly 6% of vacation rentals in Nice are entire homes, while about 000% are private rooms in locals. The very last percentage includes shared rooms. “The seasonal rental offer is very rich in Nice, analyzes Marie Tortorollo, director of our Nice concierge service. There are all kinds of accommodation to suit all households.
The high average price of seasonal rentals in Nice
With an average of around 113 euros per night, the price of overnight stays for seasonal rentals in Nice is relatively high. "The price of the nights is in the high average, explains Marie Tortorollo, director of our concierge Nice. Prices rise sharply in summer but do not necessarily drop in winter given the many events that Nice hosts all year round”. Indeed, if the price of rentals is at its highest in August (around 129 euros per night), it drops to around 103 euros in February, which is the month when Nice hosts the Carnival, one of the three largest in the world.
A high occupancy rate for AirBNB rentals in Nice
The average occupancy rate shows the extent to which Nice attracts travelers renting furnished tourist accommodation. Indeed, there is an average occupancy rate of 80% over one year. “Our occupancy rate climbs to 100% during the summer,” says Marie Tortorollo, manager of our Nice concierge. Nice's tourist appeal makes it a destination of choice, with a high occupancy rate even in winter”. Indeed, although it drops to 43% during the month of January, this still gives about half of the seasonal rentals occupied during the winter in Nice.
What size for vacation rentals in Nice?
The many vacation rentals in Nice offer travelers a wide variety of choices in the size of the accommodations on offer. “We have no precise data on the surface area of the accommodation, or whether it is houses or apartments, explains Marie Tortorollo, director of our Nice conciergerie. But those on the number of rooms are interesting”. Indeed, we can see that the vast majority of accommodation is studios or 2 rooms (about 70%). The percentage of seasonal rentals with two bedrooms remains quite high (24%), and accommodation beyond that is becoming rarer.
What is the average income for seasonal rentals in Nice?
The average monthly income from seasonal rentals is relatively high in Nice with an average of 1 euros. This amount includes nightly rates as well as cleaning taxes and other service charges. "The average is quite high in Nice thanks to the attractiveness of Nice throughout the year" explains Marie Tortorollo, director of our Nice concierge service. During the month of January, the average income drops to 637 euros, to rise to 882 euros in the middle of August, more than three times between January and August.
What equipment is available for seasonal rental in Nice?
Seasonal rentals in Nice offer many facilities to travellers. Among the most common are kitchens (96% of homes have them), as well as an Internet connection (93%) and heating (90%). “We note that only 21% of seasonal rentals offer parking, analyzes Marie Tortorollo, director of our Nice concierge service. This is due to the difficulties cars have in parking in Nice. It is better to come without a car and use transport, or even walk”. Another interesting fact: only 7% of tourist accommodation offer swimming pools, so you will have to be content with the Mediterranean Sea to cool off!
The geographical distribution of seasonal rentals in Nice
Given the map of seasonal rentals in Nice, there is nothing surprising. The vast majority of seasonal rentals are concentrated in the city center and in Old Nice, two neighborhoods close to the sea and very central, from which you can reach the majority of the city's points of interest. The outlying districts of the Port and the seaside up to the airport have many seasonal rentals. Logically, outlying neighborhoods have fewer furnished tourist accommodations, although these are more often houses than apartments.
We thus notice to what extent the seasonal rental takes a preponderant place in Nice. As Marie Tortorollo points out, “the districts of Jean-Médecin, Old Nice and the Port are among those that offer the most seasonal rentals”. It is also necessary to take into account the data and rentals available in neighboring towns, which offer other possibilities, more remote but often cheaper and which will require longer travel times but also the possibility of seeing more points of interest. interests in the region.
We have therefore presented the AirBNB figures specific to seasonal rentals in Nice. These statistics, deciphered by our Nice concierge, demonstrate the success of seasonal rentals on the Côte d'Azur and the attraction of visitors to Nice throughout the year. Vacation rental owners who have invested in Nice must be delighted to have bet on this city in view of the success of AirBNB and seasonal rentals. If you are an owner and you are interested in embarking on seasonal rentals in Nice, do not hesitate to contact our Nice concierge for more information.
