Where to buy in Paris to rent furnished?
Do you want to buy a property in Paris in order to rent it furnished? You don't know where to invest and how to rent well? Sectors to focus on, elements to take into account... Here are our tips.
Paris: where to buy a furnished property for rent?
Before buying a property in order to rent it furnished, you should know that not all neighborhoods in Paris are ideal for this type of rental. What should I do? Focus on modern areas that are well served in terms of public transport and that attract young people as well as students and new workers in particular. Indeed, it is mainly these categories of the population who seek to rent furnished properties. The hypercenter of Paris, which attracts a growing number of businesses, is therefore ideal for your purchase. It includes the first 10 districts of Paris. But be careful, the price per square meter in the 1st is not the same as that per square meter in the 7th or even in the 8th. Thus, according to estimates as of April 1, 2017, the square meter is on average 11,034 euros in the 1st against 9,956 euros in the 1st against 9,956 euros in the 2nd, 10,956 euros in the 2nd, 10,521 euros in the 2nd, 10,521 euros in the 3rd, 11,608 euros in the 4th, 10,923 euros in the 5th, 12,340 euros in the 6th, 12,340 euros in the 6th, 12,340 euros in the 6th, 12,340 euros in the 6th. in the 7th, 9,921 euros in the 8th, 9,086 euros in the 9th, 8,196 euros in the 10th.
Remember that these numbers are estimates and averages. The price of a property depends on multiple factors. Before signing, make sure you are buying at the right price. Likewise, pay attention to condominium fees and remember to check that there was a vote for the repair of common areas. Indeed, the good condition of a property is not enough; that of the common areas is also important.
A small area, few jobs, a nice decor... Essential elements
You now know which sectors in Paris should be preferred for the purchase of a furnished rental property. You also have an idea of the prices according to the districts. Now, remember our various tips. First of all, prefer to buy a small area. A charming 30-square-meter two-room apartment is ideal. Renovated and located in the center of the capital, it can be rented up to 1,500 euros per month. In addition, if you want to resell it, know that this type of apartment is very sought after. Renovate yes, break the bank no! It is obvious that you will have more people interested in your property if it is modern, bright and pleasant. However, it is not necessary to spend astronomical amounts on work. Home-staging makes it possible, for example, to renovate a property while making maximum savings.
What about furniture? Choose them modern, contemporary, practical
You can also mix antique furniture and recent furniture, but be careful not to personalize the decoration too much. For walls, choose neutral tones. You can also, if you wish, hang one or two frames or mirrors (perfect for expanding rooms). Your property simply has to be pretty and can appeal to as many people as possible. Finally, when you offer a furnished property for rent, the future tenant must be able to eat, sleep or even wash there as soon as he arrives as he would at the hotel, for example. Properties that are even more successful than others are those that are rented with, in closets and drawers, sheets and other bath towels.
Buying to rent furnished: other recommendations
Regarding the rental itself, note that it is preferable to rent for periods of six months to one year rather than per week. This will make it easier to manage your property. Do not overestimate the rent, you may have trouble finding one or more tenants. If you are not sure of yourself, find out about the rents in the neighborhood and for properties similar to yours. All you have to do is choose your tenant. It is better to have a real meeting to see if “the current is going by”. Several people want to rent your property? Carefully study their files (salary, deposit, etc.) in order to make your choice.All you have to do is sign the lease and hand over the keys to the person you have chosen.
Looking for a property? Call in an apartment hunter!
Do you want to buy a property in the Paris region in order to rent it furnished? Do not hesitate to contact our team in order to support you. Thanks to our professionalism, our involvement, our knowledge of the market, but also thanks to our developed professional network, we are committed to finding you a property in a maximum of two months. And if we don't succeed in our mission, you don't owe us a euro. For more information, contact us. And know it, even once the sales agreement is signed, we do not lose sight of each other. We thus continue to support you by suggesting, for example, various professionals to carry out your work and others.
