INFOGRAPHIC – Yvelines (78) and Essonne (91) are on the podium of the most interesting departments for a rental investment.
Seine-Saint-Denis (93) is undoubtedly popular as the 2024 Olympic Games approach. The Olympic village will take place in Saint-Denis and the athletics and swimming events will take place in this department. But is it still a good strategy to invest in real estate in Saint-Denis?
“Saint-Denis is experiencing a fashion effect but we must not forget the criterion of purchasing power which is the criterion to remember, the healthiest to look at. The real estate purchasing power per capita is 30 square meters in Seine-Saint-Denis, which is low. Salaries are still low and prices remain stratospheric for residents who cannot afford this housing. Tenants risk having difficulty paying for themselves», Underlines Thierry Vignal, president of Masteos, a company specializing in rental investment which carried out a study on the 8 departments and 130 largest cities of Île-de-France. So, which city to invest in…