Recently clients of Flat Hunter bought and renovated a beautiful apartment in the 8th Arrondissement. It is now being rented on a weekly basis to tourists through our trusted partner Haven in Paris. Read on to find out why you too may wish to buy to rent.
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"Although we were familiar with Paris having lived there for 4 years, we knew that it would be virtually impossible to find and buy an apartment in Paris during one of our short trips over there without some serious assistance. Flat Hunter offered a service which was exactly what we were looking for - from chasing up real estate agents in order to set up viewing appointments to providing recommendations for a notaire, a French mortgage broker and even a builder whom we used to refurbish the property..."
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Tahminae Madani, Director of France Home Finance comments on :
In France, equity release is becoming a popular financial option for owners seeking to leverage the capital accrued on their homes or vacation properties. Consumers of equity release products use this additional money for a range of projects that include acquiring additional properties, financing renovations, or even offering a down payment to a son or daughter to help them get onto the investment property ladder.
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Once the gathering place for bohemians and intellectuals, St. Germain is one of the most picturesque and lively arrondissements in the city. St Germain des Pres has a collection of upscale boutiques, art galleries, interior design shops, cafes, bars, restaurants and jazz clubs and is an extension of the Latin Quartier with a more chic, artistic and intellectual feel to it.
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It all began in 1994 when I bought an adorable 30m² studio in Montmartre with my French boyfriend. The flat, located in a charming old building behind the Place du Tertre and Sacre Coeur, required a complete renovation and rehabilitation. Not long after, my parents, 4 star hotel aficionados, vacationed for a week in my boyfriend’s penthouse apartment in Montmartre. They loved this fresh and, at the time, unconventional way to travel, and the idea emerged to rent our newly refitted studio on a weekly basis to tourists.
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