New high-end and fully refurbished duplex apartment for sale in Paris of 52 sqm in the rising Batignolles neighbourhood is a unique property investment opportunity. A perfect pied-à-terre currently rented on Airbnb, is competitively priced and below the average market price. This ensures high short-term rental yields.
Located on the ground floor within a lovely building from 1900, the loft-style duplex apartment for sale benefits from wooden flooring, a spiral staircase and a beautiful 18 sqm former stone cellar in the basement to host a spacious bedroom. The duplex also enjoys design features, a fully equipped kitchen, a beautiful bathroom with double washbasin & large Italian shower as well as a separate toilet.
Ideally located just under the authentic Montmartre, near Place de Clichy and close to many transport links (metro lines 2 & 13), the apartment offers a charming little courtyard that future you will be able to use. This stylish apartment represents a great property investment opportunity with a short-term rental management available and an estimated yield over 5% based on a 70% occupancy rate at the current €650 weekly rent on Airbnb.
On the right bank of the Seine and close to famous Paris landmarks such as le Moulin Rouge, the rising and fashionable Batignolles neighbourhood is renowned for its organic groceries, Parisian bistros, and boho lifestyle. Ideal for those looking for an authentic Parisian lifestyle due to the fact that not many tourists go there. Paris' 17th arrondissement is home to young artists and a diverse and trendy crowd but is also a popular hangout spot for young families, making it the perfect all-rounder. With the park Monceau nearby, it also attracts active and sporty crowds. Close to the Boulevard de Clichy, the area enjoys an economic dynamism.
Moreover, with property prices reaching record levels of up to €10,000/sqm in this area of Paris, as a result of an impressive growing demand for high-end properties and several other factors (eg. a new presidential election, Brexit and low interest rates), buying properties in this prestigious district of Paris ensures great capital gain.