PARIS FOR INVESTMENT REAL ESTATE
Why not Paris?
Rental apartments needed. It is well known that Paris currently has a severe shortage of rental apartments for residents. Read up on City Metrics reporting on how the housing market in Paris and the strategies the government has put in place to tackle this prominent issue.
In response to the shortage of rental apartments, the government has:
Advantages. Here are some reasons to invest now in a Paris apartment and then rent it for successive one-year terms:
Paris search team. Our Paris search team can help you identify properties that would be especially suitable for investment purposes. The search is less complicated than a personal search because there is a shortage of rental apartments in all neighborhoods, sizes and price ranges, and fewer aesthetic choices are involved than when choosing an apartment for personal use.
Rental rates. Rental rates in Paris are controlled by a law (Loi ALUR) enacted in 2015. The higher the quality of the apartment, the higher the permissible rent per square meter.
Please contact Just France Sales for a consultation or additional information.
One-year leases. You may have heard horror stories of owners forced to resort to litigation to evict non-paying or undesirable tenants. But these concern only tenants whose lease is longer than one year.