CLOSE X

Register - if you don't have an account

Yes! Sign me up for Global Property Guide's fortnightly email newsletter.


Login - for registered users

Forgot Password?
Explore destinations
continent map couldn't be loaded Pacific Europe & Russia North America Latin America Asia Africa Middle East Caribbean

 


Financial Overview

Directory

Property Search

Global Statistics

Regional Statistics






Jul 13, 2014

Rental returns in Paris are disappointing


Last Updated: Jul. 13, 2014
PARIS - Apartments COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
40 sq. m. 490,160 1,640 4.01% 12,254 40.99
80 sq. m. 1,062,000 2,892 3.27% 13,275 36.15
120 sq. m. 1,636,680 3,938 2.89% 13,639 32.82
200 sq. m. 2,669,000 7,212 3.24% 13,345 36.06
Districts researched:
Paris: 4th, 6th, 7th, 8th, 16th, and 17th arrondissements
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

The good news is that if you have an apartment in Paris you will have no trouble letting it.  Demand outstrips supply, the main reason that rents are not higher being that French rental contracts are often long-term and there are legal restrictions on raising rents during the contract.

However gross rental yields from apartments in Paris are poor, at around 4.0% for small apartments and 3.25% for big apartments (however it is fair to say that our Paris yields results arguably may not reflect yields in less desirable locations, which are likely to be higher, because our sample focuses on Paris´ high-end city centre).

The average price of apartments in these locations ranges from EUR 12,000 to EUR 13,600 per sq. m., or EUR 1,115 to EUR 1,263 per sq. ft. Smaller apartments tend to cost less.

The average monthly rent ranges from EUR 31 to EUR 36 per sq. m., or EUR 2.9 to EUR 2.35 per sq. ft.  Smaller apartments tend to cost more.

Round trip transaction costs are high on residential property in France.  See our French residential property transaction costs analysis and our Transaction costs in France compared to other countries.






Comments


Be the first to comment on this article!



Login or Register to submit a comment!

In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.



Baltic property back! Q1 2014 - NewsecBaltic States Capitals 2014 - Ober HausScandinavia Property Report Q4 2014 - NewsecResidential Market in Poland Q3 2014 - REAS
Compare Countries



Free Newsletter

Fortnightly updates from the global property arena directly to your inbox.


Email Address:





Connect to professional advice in France





PROPERTY RECOMMENDATIONS

 
Download free Global Property Guide reports

Our Newsletter

 
Fortnightly updates from the global property arena directly to your inbox.

Manage subscriptions
Chinese property buyers and Asian buyers, there is great property for high net worth Chinese buyers on Juwai.com

Which parts of the world are most attractive for property investment today?

Click here to download our FREE Property Recommendations Reports!

Close Me