There are four apartment categories from you to choose from:
Category
Apartment Size
Price Range
Rental Yield
Junior
21-23m²
€200k-€230k
4.5%
Corporate
29-32m²
€260k-€300k
4.6%
Corporate Senior
40-44m²
€360k-€400k
4.7%
Family
+55m²
€500k+
5.0%
Junior Apartment Location: 12 rue d'Armaillé
Corporate Apartment Location: 19 rue de Moscou
Corporate Senior Apartment Location: 12 rue Henner
Family Apartment Location: 12a Avenue Wagram
Based on your prior agreed investment budget an apartment will be sourced for you at real market value by the My Flat in Paris team of experienced professionals.
As part of the investment process the apartment will be completely redesigned, renovated, & refurbished to a 5* standard in line with MFIP’s corporate image.
Once the refurbishment has been completed the property is ready to let by the in-house management team. MFIP provide an initial 3 year guaranteed rental agreement of between 4.5%-5.0% net return. After the initial 3 years the rental contract can be renewed.
The prices indicated in the price range above are turn-key costs and inclusive of all renovation, refurbishment & furnishing costs.
Property Performance in Paris Annualised Property Performance up to December 2005
8th District – average increase in cost per m² of 7.7%
16th District – average increase in cost per m² of 9.27%
17th District - average increase in cost per m² of 13.9%
Source: Notaire’s de France
Brochure & Prices
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