Buy-to-let investment, Paris 1st — METROREALTY
Strategy — Buy-to-let investment · Paris 1st

Rental investment paris 1st

Furnished studio, long-let one-bed, short-stay pied-à-terre. The 1st is not the highest gross yield in Paris. It is the value in 20 years.

3.2–4.2%
Gross yield by typology
95%
Average occupancy rate
12 months
Average valuation lead time
20+
Years of METROREALTY expertise
Buy-to-let investment

Not the highest yield,
the safest

The 1st arrondissement is not the highest-yielding district in Paris. The 19th, 18th or 20th deliver yields above 5%. The 1st runs between 3.2 and 4.2% gross. So why invest here?

Three reasons: occupancy above 95% (demand is structural, near-zero vacancy), steady capital appreciation (+30 to +60% over 20 years depending on the cycle), and ultra-qualified rental demand (international executives on assignment, directors, top-school students). It is a capital investment more than a cash-flow one.

METROREALTY prices the real net yield before purchase (charges, property tax, vacancy, LMNP or unfurnished tax), identifies properties with strong rental potential, and refers to vetted management partners. Our agency is at 18 rue Molière, in the heart of the 1st.

Buy-to-let investment in the 1st arrondissement of Paris
Six rental strategies

Which typology
for which investor

Max yield

20 sqm studio

Ticket €220-300k. Rent €1,300-1,500/month furnished. Gross yield 3.8-4.2%. Target: young international executives, short mobility. Optimal LMNP regime.

Couple / single+

35-45 sqm one-bed

Ticket €450-600k. Rent €1,900-2,400/month furnished. Gross yield 3.5-3.9%. Target: 2-3 year expat couples, directors in transition. Highly liquid at resale.

Short-stay

Furnished short-stay pied-à-terre

Short-term lets (subject to Paris restrictions in tight-housing zone: max 120 nights/year for principal residence, authorisation required for secondary). Variable yield but personal/letting trade-off possible.

1-10 months

Mobility lease

1 to 10 month non-renewable lease, tenant on training, internship, mission, transfer. No deposit. Free rent (outside rent control). Target: top-school students, short-stay expats.

Stability

Long-let unfurnished

3-year renewable lease, stable tenant. Lower rent (-15 to -20% vs furnished) but near-zero vacancy. Property tax regime (micro-foncier 30% allowance or actual). Target: Parisian families.

New market

Premium co-living

Large apartment (4-5 rooms) split into furnished bedrooms with premium shared spaces. Target: young international executives. Yield 4.5-5.5%. Heavier management but growing market.

Yields 2025-2026

Gross vs net yield,
tax compared

3.2–4.2 %
Gross yield in the 1st by typology (annual rents / price fees included).
2.2–3.0 %
Net yield after charges, property tax, management, vacancy.
€0
Income tax on rents for the first 10 years under LMNP actual regime (typical case).

The LMNP actual regime is statistically the most advantageous in the 1st for studios and one-beds: depreciation of the property (25-30 years) + furniture (5-7 years) + deduction of loan interest and charges typically wipes out the taxable rent for the first 10 years. Unfurnished lets remain relevant if you already have a foncier deficit or rental income to absorb. METROREALTY advises by tax bracket and overall strategy.

Buy-to-let investment in the 1st arrondissement of Paris
Value in 20 years
« In the 1st, you don't invest for yield. You invest for the value in 20 years. »
METROREALTY — real estate agency, 18 rue Molière, Paris 1st
Your rental project

Invest or arbitrage
in Paris 1st

Invest in buy-to-let

We identify properties with strong rental potential (metro, floor, no heavy works), price the real net yield, and refer to vetted management partners.

View our properties

Arbitrage a rental property

Sell to reinvest, exit an LMNP at full depreciation, reshape your tax position: we support arbitrage and re-investment strategy.

Value my property
FAQ

Buy-to-let investment —
your questions

Gross 3.2-4.2%, net 2.2-3.0% after charges and tax. Studio 20sqm: 3.8-4.2%. One-bed 35-45sqm: 3.5-3.9%. Two-bed family: 3.2-3.6%. Not the highest yield, but 95%+ occupancy.

LMNP actual regime: depreciation + cost deduction = often €0 tax for 10 years. Unfurnished: actual or micro-foncier (-30%). LMNP statistically more advantageous on studios and one-beds in the 1st.

Yes, enhanced rent control since 2019 in the 1st. Reference ceiling €32-38/sqm by configuration. Supplement possible if exceptional features are precisely justified.

Co-ownership €35-55/sqm/year, property tax €12-18/sqm/year, management 6-8% incl. VAT, landlord insurance €80-150/year, vacancy 4%. Total ~€3,500-4,200/year on a 20sqm studio at €1,400/month.

Essential if you live outside Paris or abroad. 6-8% incl. VAT of rents. Tenant search, lease, inventory, receipts, unpaid rent. METROREALTY refers to vetted partners with no hidden commission.

Studio 18-22 sqm: €220-300k fees included. One-bed 35-45 sqm: €450-600k. Tighter budget (€140-180k)? The 9th, 10th, 11th offer better yields.

Based at 18 rue Molière since 2004. We price the real net yield before purchase (charges, property tax, tax), identify properties with strong potential and access off-market deals.

Buy-to-Let · Paris 1st

A rental project?
Let's talk

Whether you are looking for an LMNP studio, a one-bed for expats or a 4-room flat to convert into co-living, METROREALTY prices the net yield before purchase. An agent will reply within 24 hours.

METROREALTY · 18 rue Molière · 75001 Paris
At the heart of the 1st arrondissement

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