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Squats: selling squatted housing at a bargain price, is it really a good idea?

2022-11-18T19:05:41.988Z


OUR ADVICE - Some owners, helpless in the face of squatters, part with their property, which they sell off to specialized companies.


The costs were piling up.

This apartment was becoming an emotional charge.

I preferred to sell it and get rid of it, even if it means selling off the property

, ”says Victor*, 26, who inherited a 58 m² apartment in Épinay-sur-Seine (93), when his wife died. mother.

This property was then inhabited by an occupant without right or title who no longer paid his rent.

Victor decides to sell it to Squat Solutions, a company that buys back properties that have been squatted or occupied by bad-paying tenants.

For 85,000 €, almost half of its estimated value, he parted with this apartment and retired with a thorn in his side, after 3 months of anguish.

He thus ceases to pay the co-ownership charges which amounted to approximately €1,500.

A discount that Théo Berthet, co-founder of Squat Solutions justifies as follows: “

We will have to undertake 40 to 45,000 € of work to restore the property.

We have owned the property for two years and the squatter has still not left despite the court decision ordering his eviction obtained in 2021 and again in 2022. The apartment is immobilized during this time and we we are losing money, which explains this discount

”.

He hopes to later resell the apartment for 165,000 €.

These specialized companies like Squat Solutions indeed remove a mental load from the owners of squatted property, but at what cost?

Is it really a better solution than the classic legal procedure, often likened to an obstacle course?

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Source: lefigaro

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