Paris 17 - Leaseback Apartments

€171,500 - €269,000StudiosSold

​Leaseback property investments in central Paris are extremely rare, mainly due to the fact that Parisian hoteliers have a tight grip on the city’s short-term rental accommodation market in the city – they don’t like the competition.

This collection of leaseback business residences have been granted permission as they form an integral part of a huge regeneration project which is transforming the 17th arrondissement, meaning investors have huge potential for capital appreciation.

Not only is Paris home to La Defense, Europe’s largest business & financial district, which is located just outside the 17th arrondissement, but the city is also home to a huge range of business orientated facilities.

With over 16 million square metres of office premises within the central districts and a further 50 million square metres in the surrounding areas, the city is now the world's 2nd largest business centre hosting offices of the 500 largest global companies.

These investment properties are superbly positioned to benefit from this huge demand for business tourism residences. It is because of this that they are being designed with the businessperson in mind with 24-hour lobby/reception, gym, spa, hammam all on-site. As part of the area’s regeneration, there will also be shops using the ground floor units.

As an investor, what do I receive?

When you invest in a business tourism residence you are buying the freehold title of a property, just like any other. As an owner, you then entrust the management of the property to the operator of the residence who lets it out on the business tourism accommodation market. You then receive returns net of costs and charges.

Also, as the property is helping the economy with its tourism property shortage, the French government provide an incentive in the form of a 20% VAT rebate on the purchase price of the property.

*Based on apartment price of €171,500 with an 85% LTV mortgage fixed for 25 years.

About 17th arrondissement

About 17th arrondissement

Devoid of any major touristic monuments, the 17th arrondissement is a true Parisian quarter with a trendy edge. Located above the Arc de Triomphe, the area, also known as Batignolles, has beautiful Haussmannian architecture. Generally not hugely popular with tourists, it is the home of what Parisians call the bobos, bourgeois bohemians. Instead of museums, the area is filled with great cafés and specialised boutiques that offer a real sense of what Paris is like for locals.The 17th arrondissement is sectioned into four [...]

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