Investing in a student residence, what you need to know about this profitable purchase deciphered by your La Rochelle concierge
Choosing a real estate investment is a headache for many owners. Long rental, in rural areas, in tourist areas or for professionals, many opportunities open up when you decide to invest in stone. But then, how to choose? Well it all depends on you. Your rental purchase must adapt to your needs, your desires, but also to the energy that you are ready to spend on it. If seasonal rental is one of the most profitable rental options, today we are interested in student residences. Present in all cities in France with a university, student accommodation is full of possibilities. Your La Rochelle Concierge decrypts this particular investment for you.
Investing in student residence, good or bad idea
By student accommodation, we understand furnished studios or one-bedroom apartments, grouped together in residences reserved for students following a course in higher education. These accommodations must comply with the Construction and Housing Code and in particular Article L 2-631 which lists the services and equipment to be provided (bathroom, laundry, kitchenette).
The price of accommodation in a student residence varies between €60 and €000 depending on the market of the city chosen as well as the proximity to universities, shops and other interesting structures for young adults. Currently, there are a total of 180 million students for 000 CROUS apartments available. There is therefore a real need for housing for students growing every year.
Investing in a student residence is therefore a very interesting idea for investors. This type of rental guarantees an annual occupancy rate for at least 9 months and has an average yield of 4,1% compared to 3,5% on average for a so-called standard rental purchase. In addition, student accommodation investors benefit from management fully supported by a specialized professional who guarantees the payment of your rents.
How to invest in this type of rental
Investing in a student residence is therefore a good way to diversify your assets while ensuring monthly income over the long term.
Choose your city wisely
As with any investment, the profitability of your rental purchase will largely depend on its location. It is of course preferable to opt for a lively student city with strong demand (you can easily make a comparison of the cities attracting the greatest number of students across France). Choosing the right investment city also helps ensure the rapid resale of your property at any time.
Carefully choose your residence
You should also choose your residence carefully. Take into account the services of the establishment, its location and of course, its environment. A residence close to amenities, a gym or the university will be rented more quickly. In addition, knowing that an average student cycle is three years, be aware that by carefully choosing your purchase in a student residence, it is likely that your tenants will keep their effective rental even during school holidays to ensure see him again next year. You therefore ensure the stability of your monthly income for several years.
Apart from these elements, your La Rochelle concierge advises you to find out first about the manager of the residences chosen. Indeed, the owners of student accommodation delegate all of their management to the principal manager of the residence by means of a commercial lease. The latter then sublets the apartments while guaranteeing your monthly rents.
Your concierge in La Rochelle supports you in the management of student accommodation
Although student housing is a very good idea to diversify your assets in a profitable way, there are other ways to take advantage of the influx of students while making your location profitable in the summer season. Indeed, you may not find the opportunity to buy accommodation in a residence given the limited number of places. This is why your concierge in La Rochelle supports you in setting up quality accommodation for students. Colocation is indeed a very simple way to make your property profitable easily with strong student demand.
Finally, you can take advantage of internship periods and school holidays to rent your property for seasonal rental. Your concierge service in La Rochelle helps you fill your booking schedule and optimize the profitability of your accommodation thanks to short-term rentals. We take care of 100% of your rental management. Also, YourHostHelper does not offer a commitment. You are therefore free to call on the services of your La Rochelle concierge as soon as your accommodation becomes available for seasonal rental. From booking to welcoming holidaymakers, we take care of everything and save you precious time. Our landlords are seeing an average 25% increase in rental income with YourHostHelper. Combine student and seasonal rental to optimize your investment.
Investing in a student residence is a good idea for all investors in rental real estate. It makes it possible to buy a stable and profitable rental, the management of which does not depend on the lessor, but on the manager of the chosen residence. Renting to students provides sustainable income throughout the year. Remember, however, to choose your residence and its manager carefully. In addition, student accommodation also gives you the opportunity to take advantage of the flow of holidaymakers to make your accommodation available during the summer period. Renting to students and then vacationers can skyrocket the productivity of your apartment. Your concierge service in La Rochelle can manage all of the seasonal rental tasks for you. Visit our agency to meet our professionals. We will establish for you a projection of your income thanks to Airbnb vacation rentals and our management.
