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Apartment hunter looking for a studio for a rental investment

studio to make a rental investment

Found! Discover a search quickly conducted by Gaëlle Loheac, our apartment hunter. Not available to carry out her project alone, Sabine wanted to find a studio to rent it out. A challenge cleverly taken up by our expert!

Why did Sabine want to buy a studio?

Sabine is looking for a studio to make a rental investment, in order to build up a wealth and prepare for her retirement.

On what points did she need an apartment hunter?

Having a profession that makes her travel a lot, the young woman is not available enough to carry out this purchasing project alone. Not to mention that she does not live in Paris, but on the outskirts (1h30 of transport) and that she needs advice to make this first investment.

How did she discover HOME SELECT real estate hunter?

While surfing the Internet, Sabine consulted the HOME SELECT site and decided to leave her contact details to be contacted again: as soon as she received the form, Jean Mascla invited Gaëlle Loheac to respond.

What criteria did Sabine identify?

After calling Sabine to explain how HOME SELECT works, Gaëlle organizes a meeting during the week, to detail the criteria to be included in the search mandate: a property in the old building (preferably), in a quiet area, with a minimum surface area of 18 m² for a maximum FAI budget of 200,000 euros. The young woman also wants to focus the investigations on the 14E, 15E 17E And 18E districts: these are neighborhoods she knows, which reassure her and which are very accessible from Montparnasse train station — satisfying a key criterion for its target, namely students. By taking note of these elements, Gaëlle insists on the fact that the smaller it is, the more expensive it is: in the targeted neighborhoods, the search is complicated. She notes in passing that Sabine is open to work, as long as it fits into the envelope.

How does Gaëlle start the research?

Our apartment hunter integrates these various elements into the HOME SELECT application and activates his network in the areas indicated.

What are the lessons learned from the various visits carried out?

From the first visit, Gaëlle understood that this rental investment was not really a rental investment: Sabine expected in a few years to be able to move her daughter there for her future studies. Therefore, the geographical criterion becomes essential, and the charm of the property is not negligible. Over the course of visits, our real estate hunter refines the criteria: beyond the 3E Upstairs, Sabine wants the building to have an elevator and there is no need for an apartment on the ground floor.

How did Gaëlle find Sabine's studio?

By consulting the site of an agency, Gaëlle spots an announcement that appeals to her: the characteristics such as the view offered by the apartment are full of promise... She calls the agent in charge to obtain more information: the property is perfect for a rental investment and is in the early stages of marketing. Coincidentally, Gaëlle manages to match all the agendas during the day: they will therefore be able to see the first ones almost off-market (since it does not yet appear on other sales channels, except on the agency's site).

Why did it immediately arouse the urge to travel?

The 17 m² studio is located near a metro station, in the 18E arrondissement of Paris, in a neighborhood that Sabine knows. Located in a small, well-maintained condominium, it is at 6E first floor with elevator: a location that allows it to be bright, quiet and it benefits from a high ceiling (2m80). The icing on the cake, it offers a balcony and a window in each room (one large, on the living room side and another, on the bathroom side).

Why was it definitely a good deal for Sabine?

During the visit, Sabine realizes that the studio will be ideal for a rental investment but also that her daughter will be very happy there afterwards. As a result, she immediately writes an offer at the price: 2 days later, the deal is settled! For the record, the seller was already renting this furnished property to a third party: the latter will therefore be able to stay on the same terms. As a reminder: renting a furnished property is built on a lease of one year, which will allow Sabine to take it back very easily when she wishes.

“Delighted with the property found, perfect for Sabine”

Gaëlle is very happy to have managed to find a really nice little product, which allows her to check the double box in this search: for Sabine it is a good rental investment (turnkey) and a charming apartment where her daughter can live when she is a student.

“Without Gaëlle, I would have abandoned my project”

Sabine is absolutely delighted with the support provided by Gaëlle: alone, the young woman would certainly have been discouraged and would have quickly stopped her research...