From idea to first rent
in 5 steps.
Covesta orchestrates your entire buy-to-let investment: sourcing, negotiation, renovation, furnishing and management, without you having to lift a finger.
From first contact to first rent
The time you save on your buy-to-let investment by working with Covesta
Historical rent arrears rate
Analysed before each presentation
Sourcing & Analysis
Finding the ideal property, ahead of everyone else
We have built a network of local agents, notaries and investors who alert us to off-market opportunities before they are advertised. Every property goes through our proprietary analysis grid: 32 criteria covering location, liquidity, rental potential, the works required and the prospects for capital growth. You only see the properties that pass this filter.
What you do
We define your strategy and objectives together during a 30-minute video call.
Covesta handles
We source and analyse properties, and present only the opportunities that pass our checks.
Sourcing & Analysis
Negotiation & Acquisition
Securing the best price, stress-free
Our property negotiators deal directly with the seller. We coordinate the purchase offer, the compromis de vente (preliminary sale agreement), the conditions precedent (financing, surveys) and the final deed at the notary's office. We also help you optimise your financing plan and put you in touch with our partner banks.
What you do
You approve the offer and sign the documents without leaving home.
Covesta handles
We negotiate and coordinate the brokers, notaries and banks through to signing.
Negotiation & Acquisition
Sustainable Renovation
Adding value, renovating and improving the energy rating (DPE)
Our RGE-certified tradespeople (Reconnu Garant de l'Environnement, the French label for qualified energy-efficiency contractors) manage all the works: insulation, plumbing, electrics, joinery, tiling. We maximise public grants (MaPrimeRénov', the state renovation grant, and CEE energy savings certificates) to reduce your out-of-pocket costs. The result: a property with a better DPE (energy performance certificate) rating, which lets for more and sells more easily.
What you do
You follow progress through weekly photos and site reports.
Covesta handles
We manage the tradespeople, deadlines, budgets and public grants.
Sustainable Renovation
Furnishing & Design
Maximising appeal and rent
A carefully furnished property lets for 20 to 35% more than an unfurnished one and qualifies for the LMNP regime (loueur meublé non professionnel, the French tax status for non-professional furnished landlords), which is far more tax-efficient. Our designers select functional, durable furniture suited to the target tenants (students, young professionals, couples). Professional photos for the letting are included.
What you do
You approve the proposed furnishing plan and budget.
Covesta handles
We order, deliver and install all the furniture and take the photos.
Furnishing & Design
Letting & Management
Collecting the rent, without managing a thing
We rigorously screen applicants (solvency score, verification of supporting documents), draw up the lease and carry out the check-in inventory. We then provide full property management: rent collection, rent receipts, claims handling and quarterly reporting on your dashboard.
What you do
You receive the rent in your account every month and check your dashboard.
Covesta handles
We handle everything: tenants, maintenance, accounting, tax (LMNP accounts).
Letting & Management
Investing alone vs. investing with Covesta
It is not just a question of time; it is a question of expertise, network and peace of mind.
What really sets us apart
Fixed, published fees
5 to 7.5% excl. VAT on acquisition (depending on the property's value), 6% excl. VAT for management. Published openly, with no hidden commission on tradespeople, suppliers or partners.
Verified net-net yield
We model each investment including all real costs: property tax, service charges, vacancy, insurance, management. The figure we present to you is the one you receive.
Sustainable renovation, maximised grants
Our RGE-certified tradespeople guarantee eligibility for public grants (MaPrimeRénov', CEE). We file the applications for you and deduct the grants from the works budget.
A single point of contact from A to Z
One dedicated contact from your first call to the collection of your 12th rent. No more coordinating 6 different parties.
Real-time dashboard
24/7 access to your investor portal: rent received, charges, live yield, progress of the works, documents available to download.
Optimised LMNP and taxation
Furnished letting regime, depreciation, annual LMNP accounts with our partner chartered accountants. Your rental income is often tax-free for 10 to 15 years.
“I had never invested in property before. Covesta handled absolutely everything, from finding the property to the works. 4 months after our first call, I received my first rent. Exactly what I had been promised.”
Sophie L.
Nurse, Toulouse
“What convinced me was the complete transparency on fees. No unpleasant surprises. The yield announced matches what I receive to the cent. A genuine wealth partner.”
Maxime D.
Engineer, Lyon
“Our second investment with Covesta. Our properties are in Lille and Montpellier, we live in Paris and we have never had to manage anything. The one-bedroom flat in Lille was let 2 days after handover.”
Claire & Tom R.
Paris, 15th arrondissement
How long does it take from first contact to letting?
On average, 3 to 6 months between your first video call and the collection of the first rent. This period covers the property search (1 to 4 weeks), the acquisition (4 to 10 weeks) and the renovation and furnishing (5 to 14 weeks depending on the condition of the property). Some properties already in good condition can be let in under 3 months.
Do I need to be on site for viewings and works?
No, that is precisely the advantage of our support. You can live in Paris and invest in Montpellier or Lille without ever travelling. We manage every step remotely: photo reports from the site, regular progress reports and a real-time dashboard in your client portal.
What exactly are your fees?
Our fees are transparent and published openly. For full acquisition support: 5 to 7.5% excl. VAT (6 to 9% incl. VAT) of the net seller price, depending on the property's value, all-inclusive (sourcing, negotiation, works, furnishing, initial letting). For property management: 6% excl. VAT (7.2% incl. VAT) of the monthly rent including service charges. No hidden fees, no commission on tradespeople or suppliers.
What yield can I expect?
Our properties show verified net yields of between 5% and 9% depending on the city and the type of property. This yield is calculated after all real costs: management fees, property tax, service charges, insurance, vacancy provision and accountancy. We never present an inflated gross yield: what we announce is what you receive.
Do you work throughout France?
We currently operate in 4 markets: Montpellier, Greater Paris, Lille and Marseille. These markets were selected for their strong rental demand, their still affordable prices and their potential for growth in value over 10 years. We would rather master 4 markets perfectly than spread ourselves across the whole of France.
How are tenants selected?
Our selection process is rigorous: a complete file (payslips for the last 3 months, tax assessment notice, employment contract), identity check, calculation of the affordability ratio (rent below 33% of net income) and, for students, a guarantor with full supporting documents. We also offer rent guarantee insurance (GLI) or the Visale scheme (a free state-backed rent guarantee) for maximum protection.
What happens if the rent is not paid?
We handle reminders, formal notices and recovery proceedings in-house, at no extra cost. If you want full financial cover, rent guarantee insurance (GLI) remains available as an option through a partner insurer. Our historical arrears rate is below 1%, thanks to our demanding selection process.
Can I sell my property if I change my mind?
Absolutely. The property belongs to you and you can dispose of it freely at any time. If you sell, we support you with the valuation, the marketing and the administrative formalities. Thanks to the careful renovation and good upkeep of the property, our clients generally make a significant capital gain on resale.
What is the difference between Covesta and a traditional estate agency?
A traditional agency finds the property and stops there. Covesta is an end-to-end operator: we define your strategy, source the property, negotiate with sellers and brokers, manage the renovation, furnish the property, select the tenant and manage it day to day. A single point of contact, a single contract, a long-term view of your wealth.
How does LMNP taxation work?
The LMNP regime (Loueur Meublé Non Professionnel, the French tax status for non-professional furnished landlords) allows you to depreciate your property in your accounts over 20 to 30 years. As a result, your rental income is often tax-free for 10 to 15 years. Our partner chartered accountants, who specialise in LMNP, prepare your annual accounts and optimise your tax return. This service is included in our property management offer.
Building your wealth starts
with a 30-minute call.
Talk to one of our advisers to define your investor profile, your budget and your wealth objectives. Free of charge, with no commitment and no sales pressure.
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