Rue des Panoyaux 75020 Paris
Rue des Panoyaux
Paris
Rue des Panoyaux
The thread
red
For this research, we had classic specifications, but with a slightly tighter budget.
And we found it! Nestled in the lower part of Ménilmontant, on the fourth floor of a very friendly building from the 1950s with neat architecture.
The stairwell is just amazing! Ideal plan for this 24m2 studio, since it is a rectangle without load-bearing wall, and ultra bright with this large double window. In barely two months of work,
we brought out the loft and industrial spirit, while keeping the mosaic tiling in the kitchen, so typical of this period.
We have opted for a sober decoration so that the tenants can really personalize it.
Year
2020
Buying price
234 K€
Area
24 m2
Construction costs
28 K€
Fees
15,5 K€
Rent
1050 €
Profitability
4,3%
* Profitability: annual rent / (purchase price + 23.8K € notary fees + works + fees)