How to invest in real estate in Paris?

Do you want to invest in real estate in Paris? Know that this project requires a perfect knowledge of the Parisian market because there is a high density of goods for sale. A real estate hunter will therefore be better able to advise you, but here are some tips to refine your project beforehand.

The expertise of a property hunter to find the right deal

The Parisian market offers a multitude of choices of apartments but also houses for sale. However, it is difficult for an individual to have access to the best properties on the market. It is therefore essential to call on a professional such as a real estate hunter from the site www.parisearch.fr to put all the chances on your side.

Indeed, with their network, the professional will be able to find you THE property that will potentially be profitable for you over the years but which remains, for the moment, at a very attractive price.

No more puzzles, and you are sure to find the shoe that suits you.

You will also save a lot of time if you hire a property hunter. The search for a property takes a lot of time and that is why some have decided to make a job out of it. With the help of a professional, you can delegate your project and maximize your time.

The best neighborhoods

With its Greater Paris project in terms of infrastructure, the city offers prospects and added value to its owners. The context is therefore favorable for real estate investment. However, some neighborhoods are more popular than others:

Photo by Mihail Ribkin/Unsplash

  • The 10th arrondissement

It is famous thanks to its Canal Saint Martin, which has recently undergone a complete cleaning. It is one of the liveliest districts of Paris, thanks to its rich concentration of shops and its remarkable sites such as rue du Faubourg Saint-Denis. A dynamic place populated by young people with a very present local trade such as greengrocers, butchers, bakeries, bars and restaurants.

Its living environment has become in recent years, very coveted by the real estate hunter and the private investor. The neighborhood also tends to become more popular. Thus the price per m2 is booming. Count 8570 euros per m2 for an apartment in this area.

  • The 15th and 16th arrondissements

With their many green spaces and residences, these neighborhoods offer an idyllic setting for families. The old Vaugirard district contributes to the dynamism of the 15th arrondissement, there is a high concentration of activity there. Finally, the Porte de Versailles exhibition center is a must-see in the district. The 16th and its magnificent avenues, its mansions, its beautiful Haussmann apartments offer a dream setting in the heart of Paris, shops and businesses, parks and museums... It is the family district par excellence!

The price per m2 in the 15th district is 8,350 euros and 10,321 euros in the heart of the 16th district.

  • The 18th arrondissement

This is one of the most multicultural neighborhoods in Paris. It is also the second most populated district of the capital with more than 200,000 inhabitants within it.

There are many monuments and must-see places such as the Sacré Cœur, the streets of Montmartre, the Moulin Rouge and the famous streets of Pigalle.

The district also benefits from numerous developments by the city of Paris, which contributes to its dynamism. It is also a favorite ground for a real estate hunter.

Real estate on the Pigalle side is now around 8200 euros per m2.

One of the lowest borrowing rates in the world

Borrowing rates in France have a reputation for being low and stable. This is a significant advantage for anyone wishing to acquire real estate in Paris. According to the latest study by the Crédit Logement observatory, mortgage rates are on average 1.54%, for a loan over 20 years.

A contribution is not compulsory and the CDI is no longer an essential criterion for the granting of a loan. Ask your real estate hunter and your bank for more information.

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Parisearch, a local agency expert of the Parisian market

Parisearch is a real estate agency in Paris.

Connected 24 hours a day to the market and its network, it responds to all requests for research or sales of real estate in Paris and the Ile-de-France.

Its objective is to accompany its customers in the realization of their project of life by securing their step and by allowing them to reach rare goods (off-market) which will make their happiness and will answer perfectly their criteria.

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