The Limited Times

Now you can see non-English news...

In Paris, Airbnb homes for sale for lack of tourists

2021-03-07T20:55:36.864Z


Pressed by the banks, many owners are forced to give them up to limit breakage. The pandemic, which has brought down the tourism sector, is also shaking up the real estate market. A growing number of Airbnb homes, empty for months for lack of vacationers, are found on the market for sale. The owners, taken by the throat by their credit maturities, are obliged to give them up, even if it means losing feathers. “We have more and more salespeople in this case. The bank agreed to


The pandemic, which has brought down the tourism sector, is also shaking up the real estate market.

A growing number of Airbnb homes, empty for months for lack of vacationers, are found on the market for sale.

The owners, taken by the throat by their credit maturities, are obliged to give them up, even if it means losing feathers.

“We have more and more salespeople in this case.

The bank agreed to freeze their credit for a few months, but they had to resume repayment and, without tourists, they are not getting by, ”

notes Frédéric Teboul, boss of several Guy Hoquet Aleph agencies in Paris.

This is the case with Philippe.

This quadra bought a studio at the end of 2019 to do major work there and rent it by the night or by the week.

It was only occupied by holidaymakers for a few weeks.

Credit maturities, stopped six months, have resumed.

He can no longer keep pace.

The studio paid 350,000 euros, costs and work included, has just found a taker for 320,000 euros.

"The loss

This article is for subscribers only.

You have 74% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-03-07

You may like

News/Politics 2024-03-25T14:15:11.589Z
News/Politics 2024-03-17T06:46:34.833Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.