Apartment hunter for a profitable and cute rental investment
Found!
Discover a search quickly conducted by Marie Esmieu-Fournel, our apartment hunter specialized in Paris 6th. For many weeks, Cécile had been looking for a rental investment that was financially interesting and aesthetically meeting her criteria. A challenge met with flying colors, in 15 days, by our property researcher!
What is the customer project?
Already the owner of an apartment in the 6th arrondissement, Cécile is a woman who is looking for additional income to improve her retirement. Having recently received an inheritance, she wants to put this money in the Parisian stone, through an interesting rental investment. However, even if this property is intended for rent, it must be likely to please her and be in a neighborhood in which she can project herself.
Why an apartment hunter?
After spending a few weeks looking on her own, Cécile decided to call on a real estate hunter — whether to find the property, but also to reinforce her choices and get advice. for rent.
Why HOME SELECT real estate hunter?
After a quick search on the Internet, Cécile came across the Home Select site. Considering we were serious at first glance, she decided to call us and ask us a few questions, to test our expertise. A test obviously passed successfully, since she then asked for a connection with our apartment hunter specialized in the 5th and 6th districts, Marie.
What are the criteria for the research mandate?
The first appointment took place at Cécile's home: even if the research was focused on a rental investment, the client wanted to be able to project herself there. It was then interesting for our real estate hunter to discover Cécile's environment. Naturally, on this occasion, they also took stock of the important criteria — namely, an apartment of 35 m², up to the 4th floor without an elevator, without work, in a chic building and in a peaceful street... The search area covered the entire 6th arrondissement, as well as part of the 5th and 7th districts, for a total budget of 500,000€ Agency fees included.
What is the apartment hunter's plan of action?
Cécile had expressly asked Marie to visit all the properties she found (no pre-visits!) : upon retirement, she had the necessary reactivity for the Parisian market! No problem, on the contrary! Every morning, our apartment hunter connected to the Home Select application, to select only those who had real potential. Then she called to organize her appointments. At the same time, she inquired with her contacts to get other visits.
How did the research go?
By visiting a few apartments on Rue Mouffetard, in the 5th arrondissement, and faced with Cécile's rejection of these properties, Marie was able to refine and prioritize the criteria: a south-facing orientation, no vis-à-vis, light, calm, and finally, no food shops or restaurants. This last point immediately excluding Mouffetard Street... Then, as it was a rental investment, our property researcher took the time to explain to her client the logic of rent control, seasonal options, the advantages of furnished accommodation, etc. For each visit, she therefore gave information on the rental value of the property. This is how the quays in the 5th arrondissement were finally naturally excluded from the search area: they were too expensive compared to the potential profitability of rents. Moreover, before calling on Marie, Cécile had already visited an apartment on Rue de Condé, which she had enjoyed a lot: the only reason for her refusal to make an offer lay in its access by service stairs. Marie has therefore tightened her action around the 6th arrondissement.
How did the apartment hunter find it?
Like every morning, Marie looked at the new listings and thus identified a potentially interesting apartment. She calls the agency to get additional information on the property: unfortunately, the real estate agent has not yet seen it. It is therefore agreed that they all go there together during the day. And now, a stroke of luck! It is an apartment located on rue de Condé, in the same building as the one already visited by Cécile... With access via the main staircase!
What is the description of the property found?
With a surface area of 29.5 m², the apartment benefits from a good exposure. On the 4th floor without an elevator, it also offers a view, without any vis-à-vis, of the roofs of the building opposite. Not very noisy, it immediately appeals to Cécile! Not to mention that a simple refresher is to be expected...
How did our customer decide?
At the end of the visit, Cécile and Marie go directly to the agency to write an offer at 435,000€. A proposal accepted within the hour, as long as it was carried out without the aid of a loan. Our apartment hunter warned his client that she would certainly have to make an offer at the price, as it was a very popular street in the 6th arrondissement. Moreover, for the record, the property in question had been deposited in a second agency, which had an offer the following evening...
Has any work been done?
Before renting her apartment, Cécile plans to carry out light work, such as buying the water tank and bringing the electricity up to standard.
Your apartment hunter's conclusion
One of the first roles of an apartment hunter is to filter the ads correctly, to offer the customer only the properties they might like: a gain of time and expertise proven by Cécile who, after months of research, completed her purchase in less than 15 days, with Marie. In addition, the assistance of a hunter reassures and supervises actions and allows you to move forward with confidence... perfect support for stressed and anxious natures!
The final word for our customer
Cécile was looking for a rental investment, likely to interest her for herself: however, if this acquisition had included an additional room, she would have gladly lived in it! The proof (if need be!) of his full and complete satisfaction, right?
