A private physician wanted to make his first rental investment in Paris to diversify his portfolio. The Home Select property hunter identified a 22 sqm studio in the Batignolles neighborhood of the 17th arrondissement, purchased for 215,000 euros with a projected gross yield of 4.7% as a furnished rental.
Mission overview
- Property hunter: Home Select
- Area: Paris 17th arrondissement (Batignolles)
- Property type: Studio, 22 sqm, 5th floor with elevator
- Initial budget: 230,000 euros
- Listed price: 229,000 euros
- Negotiated price: 215,000 euros (-6.1%)
- Search duration: 4 weeks
- Buyer profile: Private physician, 52 years old, investor
The project
Philippe, a general practitioner based in Versailles, had significant savings capacity but a portfolio essentially consisting of cash. His wealth management advisor had recommended Parisian rental investment for its stability and liquidity at resale. His goal: a studio in a neighborhood with strong rental demand, with a budget of 230,000 euros and a target gross yield of at least 4%.
Philippe was unfamiliar with the Paris property market and did not want to spend his time on it. He was looking for a property hunter capable of selecting the property based on objective criteria of yield and appreciation potential.
The search strategy
Our property hunter analyzed yield data by arrondissement and neighborhood to identify areas offering the best risk-adjusted return. The 17th arrondissement, Batignolles-Epinettes sector, emerged as the optimal choice: moderate purchase prices (9,000 to 10,500 euros/sqm for studios), high rental demand (students, young professionals, La Defense workers) and appreciation prospects driven by the urban redevelopment of the neighborhood.
The property hunter targeted studios of 18 to 25 sqm on upper floors, in well-maintained buildings, close to the metro (lines 2, 13 or RER C). Properties requiring light refurbishment were prioritized to maximize negotiation leverage at purchase.
The property found
The selected studio was located on rue Legendre, on the 5th floor with elevator of a 1910 building in good overall condition. The 22 sqm were optimally laid out: a main room of 16 sqm with an equipped kitchenette, a 3 sqm shower room and an entrance area with storage. The property was occupied by an outgoing tenant, which allowed immediate assessment of the actual rental potential.
The building had a healthy co-ownership with charges of 95 euros per month (no collective heating, the studio being equipped with individual electric convectors). The EPC rating of D was acceptable for this category of property. Proximity to the Brochant metro station (line 13) and Martin-Luther-King park was a major rental asset.
The negotiation
Listed at 229,000 euros (10,409 euros/sqm), the studio was slightly above the median price for the neighborhood for properties with EPC D (9,500 to 10,000 euros/sqm). Our property hunter built his case around three points: the energy-consuming electric convectors needing replacement (estimated budget of 2,800 euros for inertia radiators), the maximum reference rent set at 28 euros/sqm for furnished rentals in this area (limiting income potential), and comparable sales on the street over the previous six months.
The offer at 210,000 euros was followed by two counter-proposals before an agreement at 215,000 euros. At this price, with a furnished rental at 840 euros per month (rent compliant with the rent cap), the gross yield reaches 4.7%, above Philippe’s initial target.
What this mission illustrates
Rental investment in Paris requires rigorous data-driven analysis. The choice of neighborhood, property type and tax regime (LMNP vs standard rental income) determines the actual yield. A specialized property hunter selects the property based on objective data, not on impulse. Our article on mortgage rates in 2026 covers financing conditions for rental investment.
Rent control requires a coherent purchase price. In Paris, rent is capped by neighborhood and rental type. For an investment to be profitable, the purchase price must be calibrated according to these caps. The property hunter integrates this constraint from the search phase onward. The 17th arrondissement page presents the rental data for the area.
A good investment is one that gets negotiated. The 14,000 euros saved on the purchase price represent an additional 0.65 percentage point of yield. On a rental investment, every euro negotiated directly improves the annual return. Our guide on negotiating property prices in Paris details the techniques applicable to investment properties.
Would you like to make a rental investment in Paris? Describe your project: your property hunter will analyze the opportunities and select the most profitable property.
Frequently asked questions
What rental yield can you expect for a studio in the 17th arrondissement?
The gross yield on a studio in the 17th arrondissement ranges between 3.5 and 5% in 2026, depending on the neighborhood and the condition of the property. The Batignolles-Epinettes area offers the best returns (4.2 to 5%) thanks to moderate purchase prices and strong rental demand from students and young professionals. The Ternes and Plaine Monceau areas show lower yields (3.2 to 4%) due to higher acquisition prices.
Is the 17th arrondissement a good choice for a rental investment in Paris?
The 17th arrondissement combines several advantages for rental investment: sustained rental demand (proximity to La Defense, universities, business district), prices per sqm 10 to 15% lower than neighboring arrondissements (8th, 16th), and a revaluation dynamic driven by the Clichy-Batignolles project and the extension of Martin-Luther-King park.
Should you opt for a furnished or unfurnished rental for investment in Paris?
Furnished rental offers several tax advantages: LMNP regime with property depreciation, rents 15 to 20% higher than unfurnished, and shorter leases (1 year renewable) providing more flexibility. On the other hand, tenant turnover is higher and furnishing represents an initial investment of 3,000 to 5,000 euros for a Parisian studio.
