After two difficult years in the property world in the wake of COVID, marked by a shortage of raw materials and high interest rates, property nevertheless remains a secure investment for the future, offering attractive returns thanks to the leverage available through borrowing. At the start of 2024, with economic tensions easing, the property market is back in the spotlight, and the turnkey market is resurfacing with a host of opportunities. But what exactly is turnkey property?

What is turnkey property?

Developers who used to offer new-build properties, particularly under the PINEL scheme, are starting to turn their attention to older properties. More and more property developers are offering a selection of properties that have been identified and negotiated at the right price, with a predefined works package.

The work is fully supervised, with a project manager and qualified craftsmen carrying out the work in the best possible conditions. This is the ideal solution for anyone reluctant to embark on a major renovation project, and will make it easier to access properties in need of major refurbishment.

In this age of ecological transition, the work carried out is designed to improve the DPE (energy performance diagnosis), which is a criterion for rental eligibility. Today, some properties with deteriorating standards can no longer be offered for rent, which ultimately contributes to increasing tensions in the sector. Buying an old property and renovating it can help to renew the rental stock in all French towns and cities.

In view of the regulatory constraints on energy renovations, it is essential to have support for your renovation projects.

Wealth A7 can help, but how?

As wealth experts, our role is to analyse your overall wealth situation in order to determine an appropriate investment strategy. If property appears to be a suitable investment for you, it is only after this in-depth analysis that we can select the most appropriate properties, both in terms of their intrinsic criteria (location, state of co-ownership, etc.) and their match with your plans (principal residence, rental, budget, etc.).

In a world on the move, the Wealth A7 team is at your disposal to bring your dreams to life. We look forward to hearing from you!