these cities where it is more profitable to buy than to rent student accommodation

In the case of studies lasting at least five years, the purchase of accommodation for your child is amortized in nearly 80 French student cities before five years.

In the majority of cases, it is better to buy the accommodation of your student child than to rent it. This is the conclusion of a study conducted by Meilleurs Agents in the 100 largest French student cities. In 78 of these cities, it is more interesting to buy a property of 25 square meters for his child than to praise him, reports Le Figaro Real Estate.

In detail, the purchase is more profitable in these cities of at least 30,000 inhabitants and composed of at least 5% of students if the child continues his studies for at least five years. When the child changes city after 3 years, the purchase only remains profitable in 23 cities. The payment of notary fees, agency fees, property tax and condominium fees will always be preferable to the payment of rent, a deposit and agency fees.

Better to rent in Paris and Lyon

In Mulhouse, the purchase of a studio is amortized after 1 year and 5 months. To buy a 25 m2 studio in the Haut-Rhin sub-prefecture, you have to pay an average of 32,441 euros (agency and notary fees included). The rental costs 301.3 euros per month (charges and APL included), which corresponds to almost 20,000 euros in 5 years peak Le Figaro. In the event of resale, the initial investment is recovered, less notary fees. Elsewhere, the amortization period is 2 years and 3 months in Roubaix, 2 years and 4 months in Saint-Étienne, 2 years and 7 months in Évry and 3 years in Metz. Note that for larger cities, such as Montpellier and Marseille, it is always more profitable to buy than to rent for your child. In the case of Montpellier, a studio is negotiated for purchase at 91,706 euros (agency and notary fees included) on average. A rental costs 381.6 euros per month (charges and APL included). It will then take 3 years and 11 months for the investment to be amortized.

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In other cities, you have to prefer rental. In Versailles, it takes more than 8 years to amortize the purchase. In Paris and Lyon, the amortization period reaches almost 7 years.

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