blog

Apartment hunter for a couple wishing to expand their assets

couple wanting to expand their assets.

Found!Discover a search quickly conducted by Catherine Ziegler, our apartment hunter specialized in Paris 8th. Already owners of a studio, Nicolas and Lucie want to invest in a second property, slightly larger, in order to welcome their future children. Currently living abroad, they decided to entrust their search to a Home Select hunter!

Why do Nicolas and Lucie want to invest in a second property?

Owners of a studio in the 17th arrondissement of Paris, near the Parc Monceau, Nicolas and Lucie want to expand their assets by investing in a new, slightly larger property in order to welcome their future children. Even though they currently live in England, they know the capital well, having both studied there.

Why ask an apartment hunter for help?

Not being there, Nicolas and Lucie naturally turned to a real estate hunter to search for an apartment.

How did they find out about HOME SELECT real estate hunter?

And the choice of Home Select was just as natural, insofar as our name came up randomly during a conversation between friends, having already requested our services. Nicolas therefore directly called Catherine Ziegler, our very experienced real estate hunter.

What was the search area for Catherine?

By telephone, Nicolas, Lucie and Catherine established the criteria to be included in the exclusive search mandate: the couple was looking for a 2 room apartment, quiet, bright, well arranged, of approximately 25m², with work, located in a luxury building, on a high floor, located in a luxury building, on a high floor, near a metro and shops. Ideally, the property should be distinguished by a small “+” — for example, a balcony or even a remarkable view.In terms of location, Catherine could freely do her research: the couple's only requirement was to have a beautiful address. This could be in the 1st near the Louvre, in the 5th side Panthéon and Saint Michel or even, in the 14th near Montparnasse and Edgar Quinet, etc. Nicolas and Lucie had, all the same, a few favorite neighborhoods: La Madeleine, École Militaire, École Militaire, École Militaire, Opéra or Montparnasse. Finally, the couple had a budget consistent with a construction budget. The idea is to acquire a property (without suspensive conditions) at a reasonable price.

What was the main difficulty in this research?

With such an extensive location, finding apartments is both easy and difficult. Catherine therefore decided to launch a call to all the real estate agents in her directory, taking care to systematically outline all the qualities of Nicolas and Lucie's case.

Why didn't they get the 7th arrondissement property?

After offering a few property sheets, systematically discarded by the couple, Catherine quickly understood that the luminosity, the condition of the common areas and the price per m², are determining factors... One of our real estate hunter's contacts offered him a property, off-market, in the 7th arrondissement: located near Avenue de Lamotte-Picquet, with a view of the Dôme des Invalides, he has sufficiently convincing arguments to arouse interest. by Nicolas and Lucie. Interested, they ask Catherine to do a pre-visit. Immediately, she sees that he meets all the conditions. Based on his report supported by numerous photos and videos, Nicolas decided to make an offer for the property and to come and see it. Once there, he confirms his proposal, all the more confident that he comes, with his contractor, to help him calculate the renovations to be planned. An option validated by Lucie, a few days later. Unfortunately, the owner ends up deciding not to sell his property anymore... without giving any reason to the buyers, who have nevertheless positioned themselves on his apartment.

Why has the research completely reoriented?

A few weeks later, after a vacation abroad, Nicolas and Lucie sent Catherine the link of an announcement: the property in question offers great benefits, but it is above the budget initially proposed. However, given a very beautiful view, the couple said they were ready to make the effort...

What did this very special property look like that deserved this effort?

Located a stone's throw from the Champs-Elysées, in a building from the 1960s (which was not really required by the specifications), perfectly renovated, with very clean common areas and a recent elevator, the apartment, very bright and quiet, has 2 rooms for a total area of 47m². Although it needs to be refreshed, it offers great perspectives: in particular the possibility of accentuating the extraordinary view, by knocking down the partition between the kitchen and the living room!

How did the decision take place?

As it is ideally located, while being quiet, Nicolas and Lucie invite Catherine to make a first visit. As usual, she reports several dozen photos, which confirm the good vibes of her customers on this property. Given the context (visit in July), our real estate hunter is the first to visit: the real estate agent also informs him that the owner, living abroad, in another time zone, wants to sell quickly. Before even leaving, the couple wrote a proposal that was very close to the price displayed, which was validated 2 days later. Although Nicolas and Lucie do not see “their” apartment until the compromise is signed, they are not disappointed. The photographic coverage of Catherine having already fully reassured them.

How did Nicolas and Lucie decide on the work to be done?

As the apartment needed refreshments, Nicolas came several times with various contractors to draw up quotes and compare the services. While some real estate agents agree to leave their wrench set to the hunter for this kind of visits, that was not the case this time... Too bad for the agent, who had to make the trips with Catherine and Nicolas!

“Customers need to keep an eye on the market”

In this case, the final purchase was not based exactly on the initial specifications: this highlights the importance for customers of keeping their personal alerts, in order to transmit them, if necessary, to hunters. Without them, Catherine would certainly not have offered this 2-room apartment: too many elements did not match the initial requests (1st floor, the decade of the building, the price...)

“Services that meet expectations”

Nicolas and Lucie greatly appreciated Catherine's services, and more generally Home Select — whether in terms of its availability, its attentiveness, but also its “off-market entries” with high potential, even if the conclusion was not reached on one of them.