A couple in the 16th arrondissement with three children turned to the Home Select Duo offer to sell their 3-bedroom apartment of 65 sqm and buy a family 5-bedroom apartment in the same arrondissement. The Home Select property hunter coordinated both operations in 10 weeks: sale at 620,000 euros and purchase of a 105 sqm apartment negotiated at 1,080,000 euros, a combined saving of 95,000 euros.
Mission summary
- Property hunter: Home Select
- Mission type: Duo offer, sale + purchase
- Area: 16th arrondissement of Paris
- Property sold: 3-bedroom, 65 sqm, sold for 620,000 euros (in 3 weeks)
- Property purchased: 5-bedroom, 105 sqm, negotiated at 1,080,000 euros (-4.4%)
- Total duration: 10 weeks
- Buyer profile: Couple with 3 children, senior executives
The project
Guillaume and Pauline, a corporate lawyer and a marketing director respectively, were living in a 3-bedroom apartment of 65 sqm on rue de la Pompe with their three children aged 3, 6, and 9. The situation had become untenable: the two eldest shared an 11 sqm bedroom, Guillaume’s study served as a playroom, and the 22 sqm living room concentrated all family activities.
They wanted to stay in the 16th arrondissement for the school zone of Lycee Janson-de-Sailly and the proximity of Guillaume’s office on avenue Foch. The total budget, the proceeds from selling their property plus a supplementary mortgage of 500,000 euros, had to cover the purchase of a 5-bedroom apartment of at least 100 sqm. The Home Select Duo offer was the natural choice to coordinate both operations seamlessly.
The sale strategy
The Home Select property hunter started with the valuation of the 3-bedroom apartment. Three recent comparables in the same building and the adjacent street gave a market price of 9,300 to 9,700 euros per sqm. The property, in excellent condition (renovated 4 years earlier), was valued at 630,000 euros, or 9,692 euros per sqm.
The property hunter selected two estate agents in the area, mandated with co-exclusive contracts to maximize exposure. The 3-bedroom apartment received 8 viewings in two weeks and 3 offers. The best, at 620,000 euros, came from a couple with no condition precedent of sale. The preliminary agreement was signed in 3 weeks, securing the financial foundation of the operation.
The purchase strategy
Alongside the listing, the search for the 5-bedroom had already been launched. The perimeter targeted the Trocadero-Passy area for proximity to Janson-de-Sailly and the Auteuil-Exelmans areas for slightly lower prices. The net purchase budget of 1,130,000 euros (620,000 euros from the sale + 510,000 euros in mortgage) allowed targeting 100 to 110 sqm in the 16th.
The search, conducted in parallel with the sale, identified 20 properties over 7 weeks. Nine were visited and 3 finalists were presented to Guillaume and Pauline during two Saturday viewing sessions.
The property found
The purchased apartment is located on rue de l’Assomption, on the 4th floor of a Haussmann building with elevator. The 5-bedroom apartment of 105 sqm offers a double living room of 35 sqm with a continuous balcony, three bedrooms of 14, 12, and 11 sqm, a study of 8 sqm, a separate kitchen of 10 sqm, and two shower rooms. The 3-meter ceiling height, herringbone parquet, and original moldings provide a level of character consistent with the neighborhood.
The family advantage: each child has their own bedroom, Guillaume has his study, and the double living room is restored to its intended purpose as a living space. The children’s school is a 10-minute walk away, the Bois de Boulogne 5 minutes.
The combined negotiation
The 5-bedroom was listed at 1,130,000 euros, or 10,762 euros per sqm. The negotiation was based on the D-rated energy performance certificate (window insulation on the street side estimated at 15,000 euros), a shower room needing modernization (8,000 euros), and the slightly high positioning compared to recent DVF sales in the area.
The offer at 1,060,000 euros was countered at 1,100,000 euros. The final agreement at 1,080,000 euros (10,286 euros per sqm) was facilitated by the solidity of the financial structure: signed preliminary agreement on the 3-bedroom sale, validated mortgage certificate, clear timeline.
In total, the Duo offer generated 95,000 euros in savings: 10,000 euros on the sale (price obtained above the low estimate) and 50,000 euros negotiated on the purchase, plus the bridging loan costs avoided, estimated at 35,000 euros over 6 months.
What this mission illustrates
The Duo offer eliminates the bridging loan risk. By coordinating sale and purchase, the property hunter aligns both transactions so the proceeds from the sale directly fund the purchase. Guillaume and Pauline never needed a bridging loan, saving approximately 35,000 euros in financial costs. The Home Select Duo offer is designed for exactly this situation.
A fast sale secures the purchase operation. Three weeks to sell a 3-bedroom in the 16th: that is the result of an accurate valuation and professional marketing. The property hunter also masters the art of selling, which distinguishes the Duo offer from a simple purchase service. Our guide to the preliminary sale agreement details the key steps.
Staying in the same arrondissement while upgrading in size. The 16th arrondissement offers sufficient market depth to find a property twice as large within a 15-minute radius. The property hunter knows the price differences between micro-neighborhoods, Passy vs Auteuil, Trocadero vs Exelmans, and exploits them for the client’s benefit. See our client reviews for more testimonials on the Duo offer.
Need to sell and buy simultaneously in Paris? Contact Home Select for our Duo offer: a property hunter coordinates both operations for you.
Frequently asked questions
What is the Home Select Duo offer?
The Home Select Duo offer combines the sale of your current property and the search for your new property in a single service. The property hunter coordinates both transactions so the timelines align, avoiding a bridging loan and the period without a home. Fees cover both operations at a preferential rate.
How long does a dual sale-purchase operation take in Paris?
A dual sale-purchase operation takes an average of 8 to 14 weeks: 2 to 4 weeks for the valuation and listing of the current property, 4 to 8 weeks for the search for the new property, and 2 to 3 weeks to align the preliminary agreements. The final deeds take place 3 months after the preliminary agreements, meaning 5 to 7 months total from the start of the mission to moving in.
What happens if the current property does not sell on time?
If the sale is slow, the property hunter adjusts the strategy: price repositioning, change of agent, or temporary pause on the purchase search. Home Select never has clients sign a purchase agreement until the sale of their current property is secured by a signed preliminary agreement and a deposited guarantee.
