Discover an exceptional investment opportunity in the heart of Paris’s prestigious 5th arrondissement. This charming boutique property on the Place Alphonse Laveran, nestled in the esteemed Val de Grace area, offers a rare chance to own a piece of Parisian real estate with coveted short-term rental potential. Boasting an independent street entrance, the apartment features 46 m² of air-conditioned living space on the ground floor, and an additional 8 m² below-ground living space.
The property’s thoughtful layout includes one bedroom with the flexibility to accommodate up to four guests, making it ideal for both personal use and lucrative short-term rentals. The property will be delivered unfurnished, allowing you to personalize the space to your taste to complement the high-quality finishes and thoughtful design of the apartment. The potential for customization, combined with the property’s prime location, creates an enticing canvas for investors looking to maximize their returns in Paris’s thriving short-term rental market.
Priced at €780,000 (€840,000 all-inclusive with taxes and filing fees), this turnkey opportunity presents an attractive 6.2% triple net potential yield, a solid return in today’s competitive Parisian real estate market. The property’s unique combination of location, size, and short-term rental capability positions it as an exceptional investment for those seeking to capitalize on Paris’s enduring appeal to tourists and business travelers alike. The Val de Grace apartment is a versatile property in one of Paris’s most sought-after neighborhoods, offering both personal enjoyment and significant income potential.