Paris Apartments : Short Term Furnished Apartments

We receive a great deal of requests at Intransit for Short Term Furnished Apartments in Paris.

Finding such apartments can be cumbersome, frustrating and take hours of research. If you enter 'Paris apartments' into any search engine you will be inundated with sites competing for your business.

Some are just global marketing sites, some are international real estate agents, some are true on the ground Paris agencies (of which there are around 3500) but it is almost impossible to decipher who is the best source to find you your ideal apartment rental in Paris.

This is why we have added a new service to our site.

The form that you will find at

http://www.intransit-international.com/housing_paris_short_furnished_apartments.html

will allow you to enter the details of the apartment you require in Paris. Once submitted this is sent to Intransit's preferred specialist agencies who are able to deal with your request. They will then contact you with a selection of properties that come close to your requirements.

It couldn't be simpler.

One form sent to multiple qualified agents who will then contact you and it doesn't cost a thing, not even a phone call.

We are testing this service now with our partner agencies.

We hope this saves you time and provides you with your ideal Paris apartment.

Paris Apartments : Apartments in La Défense

La Defense is the main business district to the west of Paris. The area is surrounded by highrise office and apartment buildings that have swallowed up the original suburban towns of Puteaux, Suresnes and Courbevoie.

The area is suited to business people who wish to be in proximity to their companies and apartments are becoming more and more sought after for those who stay in Paris during the week and travel home on the weekends.

This 90m2 2 bedroom apartment was taken for such a client.

Rent 1800 euros/ month

Apartments Paris : Crisis in the Market

While working with our clients last year we noted that hysteria in the French market among landlords was getting progressively worse. The current laws governing tenancy agreements in France, fueled by a media coverage that has exaggerated the problems has made finding a Parisian apartment in 2007 even more difficult.

2007 sees bank guarantees, co signatures on the lease contract from the family or the employer as commonplace, these were previously considered a last resort for only candidates in the lower income brackets. Now it seems that any expatriate who does not have a stable financial history in France with a French employment contract is being asked to provide such guarantees regardless of income.

The rule of thumb for the Ile de France Region has traditionally been that a candidate for a rental property would be happily accepted by a landlord if his net monthly income equated to 3 times the rent being asked for.

Expatriate packages would normally cover this amply, certainly when the 'extras' such as housing allowances, travel allowances and private school allowances were added to the equation.
Today it seems that the 'Expatriate status' of many new arrivals to Paris has created nervousness among landlords.

The new fear is that the Expat tenant would disappear to another country leaving rent and potentially other charges relating to the property unpaid. Rather unlikely but the media has been brimming with dramatic stories of evictions that take over a year, non paid rents, properties left in terrible condition, law suits.

The Loi Hoguet, which stipulates the terms of any unfurnished lease and is the reference for furnished leases, does not alleviate the fears as this law is designed to protect the tenant considerably.

Eviction for unpaid rent is far from easy in France and this is dissuading any would-be landlords from putting their properties on the market creating a huge shortage of quality products.

Those owners who do decide to rent out face strong demand. The fierce competition has created a sellers market and inflated rental prices which make the income/rent ratio out of reach for many would-be tenants.

This high demand means that landlords can pick and choose tenants and demand the high guarantees cited previously.

Despite a slow down of property prices if you're a buy-to-let investor this could be a great opportunity. Recent tax breaks by the French government are making this even more interesting.

Article on Paris property in the Telegraph