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France: House Prices, Rents, and Rental Yields

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Last Updated: Jul 20, 2007

Paris rental yields at 3.4%-4.4%

Last Updated: Jul. 20, 2007
PARIS 1 - Apartments COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
30 sq. m. 281,220 1,024 4.37% 9,374 34.14
60 sq. m. 583,620 2,004 4.12% 9,727 33.40
90 sq. m. 887,580 2,754 3.72% 9,862 30.60
120 sq. m. 1,201,680 4,027 4.02% 10,014 33.56
150 sq. m. 1,632,150 4,880 3.59% 10,881 32.53
180 sq. m. 1,881,360 6,120 3.90% 10,452 34.00
200 sq. m. 2,617,400 7,466 3.42% 13,087 37.33
1 The apartments are located in the 4th, 6th, 7th, 8th, and 16th arrondissements, most especially in Saint-Germain-des-Prés, Saint-Gervais, Ile St. Louis, Invalides, Champs-Elysées, Montaigne, Passy, and Auteuil.
Source: Global Property Guide

Yields in Paris dropped as rents have become slightly lower accompanied by a rise in house prices. Apartment prices average €10,485 per sq. m. A 120 sq. m. apartment now costs €10,014 per sq. m. from €6,667 per sq. m. a year ago, according to Global Property Guide estimates. Most expensive are apartments at 200 sq. m. and over starting around €13,087 per sq. m.

Larger apartments have lower yields, dropping up to 3.42%, while 30 sq. m. apartments have yields of about 4.37%. Monthly rents per sq. m. are at an average of €33.6, with 200 sq. m. and bigger apartments generating the highest yields at around €37.33 per sq. m.

 

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