Nice — Provence-Alpes-Côte d'Azur

LMNP Simulation in Nice (2026)

Capital of the French Riviera, LMNP market driven by tourism and seasonal rentals.

Avg price/m²

5 200€

Avg rent

800€/mois

Gross yield

5.5%

Population

340K

LMNP investment example in Nice

30m² property at €5200/m² = 156 000 €, rented at €800/month

Real cash-flow

-243 €/m

€0 tax for

20 years

Net real yield

-1.6%

Tax savings

32 323 €

Simulate your project in Nice

€
€
€
€
€
%
years

Cash-flow

-243 €/m

Net yield

-1.6%

€0 tax

20 yrs

Tax savings

32 323 €

FAQ — LMNP in Nice

Is LMNP profitable in Nice?

Yes, with an average price of €5200/m² and an average rent of €800, the estimated gross yield in Nice is 5.5%. Thanks to the LMNP regime and depreciation, tax can be zero for several years.

How long tax-free with LMNP in Nice?

With a typical investment in Nice, building depreciation (30 years), renovation (15 years) and furniture (5 years) generally allow zero tax for 7 to 12 years depending on the setup.

What type of LMNP property to favor in Nice?

In Nice, furnished studios and one-bedrooms are most in demand. Rental demand is driven by 340K inhabitants and a strong student/professional population.

How to calculate LMNP profitability in Nice?

Use our simulator pre-filled with Nice data above. It calculates real cash-flow after depreciation and taxes, not just gross yield.

Why invest in LMNP in Nice in 2026?

Nice is a premium market where entry prices are high (€5200/m²), but investment security is reinforced by very strong rental demand and long-term capital appreciation potential.

Under the real LMNP regime, depreciation on a property at €156,000 generates significant tax savings that substantially improve net yield compared to the 5.5% gross yield.

To optimize your LMNP investment in Nice, we recommend using the simplified real regime, properly calibrating depreciation (building over 30 years, renovations over 15 years, furniture over 5 years), and entrusting accounting to a specialized tool like Penry to maximize deductions.

Go from simulation to real management

Penry automatically manages your depreciation, tax returns and LMNP accounting.

⚠️ Indicative simulation. Estimated average data. Consult an accountant for personalized analysis.