Paris remains the safe haven of French property: a deep market, rental demand structurally greater than supply, and a resale liquidity that few cities offer. The obstacle is the entry point: high prices, properties to renovate, and now the question of the DPE (the French energy performance certificate). This studio in the 20th arrondissement, by contrast, ticks every turnkey box.
1. Turnkey: furnished, renovated, ready to let
No building site to manage, no furniture to buy, no tradespeople to coordinate from a distance: the property is delivered fully renovated and furnished, ready to welcome a tenant from signature. Located on the first and top floor of a small, well-maintained co-owned building, it has a DPE rating of C, a rarity in Paris, which rules out any risk of an energy-inefficient classification and any obligation to carry out energy works in the future.
€172,000
All-in price (incl. agency fees)
€164,000 net to seller + fees
€900
Estimated monthly rent
Strong rental pressure in Paris
~6.3%
Gross yield
Rare for inner Paris
15.7 m²
Floor area (Carrez law)
DPE C, no energy works
2. A sought-after Paris location
The property is on rue des Vignoles, in the Réunion / Charonne area of the 20th, a stone's throw from Père-Lachaise. A lively, authentic neighbourhood, popular with young professionals and students, well served by transport and local shops. In Paris, rental vacancy on small units is close to zero: demand permanently exceeds the available supply.
3. Clear figures, from the first month
€164,000 net to seller, i.e. €172,000 including fees, for an estimated rent of €900 a month: that is close to a 6.3% gross yield, an uncommon level in inner Paris. Above all, as the property is already renovated and furnished, this yield materialises with no works period and no initial vacancy: the meter starts running as soon as the keys are handed over.