Boulevard Haussmann | Short Term RentalParis, 8th Arrondissement

€4,770,000

Here's something Paris buyers rarely find: not one, but two legal short term rental properties, sold together, with an established rental presence, high occupancy rates and meaningful earnings, in the prestigious 8th arrondissement, steps from the Opéra Garnier.

The larger apartment is 85 m² across three bedrooms and three en-suite bathrooms. Additionally, this apartment boasts two balconies. The second sits on the same floor at 40 m² with one bedroom and one bathroom. Both properties have abundant natural light from their oversized windows and high floor. They were  designed by architects using high-quality materials and furnishings throughout — elegant and refined without being stiff. Both carry Airbnb Superhost and Luxe status with near-perfect ratings and an 82% occupancy rate.

The numbers speak for themselves. Together they generate €309,000 in net annual revenue with an expected yield just over  6%.

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.

Everything is included in the sale — furnishings, art, equipment, and operational setup. Nothing to figure out. Nothing to source.

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 are included in the sale price and are payable by the purchaser, i.e a price excluding fees of  €4,500,000.