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Saint Germain des Prés

Rue de Beaune

Paris

Rue de Beaune

The thread
red

The request was to find a small studio at a “reasonable” price in a district where they seem to know no limit (where they often fly away)… This one posted a price per m² lower than 11,000 € while they were already negotiating around 13-14,000 € in this district at the time. My client's bank had been convinced by the two previous projects (rue Malar and rue de Grenelle), it was ready to follow it up again on a coherent project.

Year

2015

Buying price

265 K€

Area

24m²

Construction costs

24K€

Fees

15,5 K€

Rent

1290€

Profitability

4,8%

* Profitability: annual rent / (purchase price + 23.8K € notary fees + works + fees)

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