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Investing in a car park: not time-consuming and always profitable


OUR ADVICE - An alternative to housing, car parks offer more than 4% efficiency, with little management concern.

In Paris, 50% of parking spaces are set to disappear by 2026. And that's how it is in many other cities in France.

Faced with the tightening of on-street parking policies, investing in a car park is a good idea, especially since the yields are attractive (from 4 to 12% per year for a yearly rental), often higher than those of a typical rental property.

In addition to its excellent return-risk ratio, the car park is appreciated for its simplicity of management.

If it is independent of a dwelling, its rental escapes the law of July 6, 1989: the clauses of the contract are therefore freely drafted between the owner and the tenant.

Moreover, the amount of the rents is freely fixed (they are not subject to supervision mechanisms) and the termination of the contract can end as soon as the first payment is unpaid.

As for rental management, it is not very time-consuming.

Serious advantages appreciated by investors disappointed with the administrative burden...

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Source: lefigaro

All life articles on 2023-03-21

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