New investment opportunity in Paris 17th Arrondissement20 December
A new 1-bedroom duplex apartment of 52 sqm is now for sale in the rising Batignolles area of the French capital. Perfect pied à terre currently rented on Airbnb, this competitively priced property, below the average market price, represents a unique investment opportunity and ensures high short-term rental yields.
Featuring wooden flooring, a spiral staircase and a beautiful 18 sqm former stone cellar in the basement to host a spacious bedroom, the loft-style property located on the ground floor, is part of a lovely 1900 building. It offers a short-term rental management with an estimated yield above 5% based on 70% occupancy and the current 650 € weekly rent on Airbnb.
Best of all, with property prices reaching record levels of up to €10,000/sqm in this area of the French capital, it ensures great capital gain.
Find out more about the property here.