Rue Jacob | Short Term RentalParis, 6th Arrondissement

€2,544,000

The Saint-Germain-des-Prés Pied-à-Terre That Pays Its Own Way

This 79 m² apartment, in the heart of Saint-Germain-des-Prés and near the Seine, is perfect for a couple or small family. Two spacious bedrooms, two full bathrooms and a half bathroom for guests. Architect-designed using high-quality materials and furnishings, the interiors strike exactly the right note: elegant and refined without feeling precious or stiff. Nothing to renovate, source, or figure out. Sold turnkey.

However, what makes this property most compelling is it's income potential. Most buyers searching for a Paris address that covers its own costs when they're not there eventually give up. This one already does. With 82% occupancy, a 4.96 Airbnb rating, Superhost status, and €170,000 in net annual revenue, the track record speaks for itself.

Finding a property like this is harder than it sounds. Legal short-term rental permits in central Paris are, for all practical purposes, gone. Former Mayor Anne Hidalgo spent years leading a Europe-wide campaign to eliminate illegal listings, and her successor, Emmanuel Grégoire, has made the crackdown a cornerstone of his administration, deploying a dedicated 150-person enforcement brigade to hunt down unregistered rentals. Fines now reach €150,000 per violation. New permits are not being issued in central arrondissements.

What makes this asset genuinely compelling is that the permit transfers with the sale. As illegal inventory disappears, legally permitted properties appreciate on two fronts: the rental income grows as competition contracts, and the underlying property value rises with it.

Own it. Use it. Let it work when you don't need it and watch your asset value rise as the city cracks down on illegal short term rentals.

Fees of 6% including tax included in the sale price payable by the purchaser, i.e. a price excluding fees of 2,400,000 euros.