Property Listed for Rent by Owner in Montpellier, France
Why Invest in Montpellier Properties
Montpellier is a major French city in southern France, located in the Occitanie region about 10 km inland from the Mediterranean sea.
From a transportation and timeline viewpoint Montpellier is located about 170 km from Marseille, 242 km from Toulouse and from Paris Montpellier is a 750-800 km trip.
Websites that are set-up for FRBO, allow filtering for owner-listed rentals, and when searching be sure about what you want such as location, budget, and the type of housing.
Discovering Montpellier property listed for rent by owner in France, allows renters to expect a lower price budget due to being listed directly by the owners, and direct owner contact which also helps communication.
Never wire money or send deposits before seeing the property, and ask for a lease and verify ownership if possible by using local property tax records.
Buying a property or house that is then set up as a "for rent by owner" (FRBO), is usually one that is intended to be rented out without the assistance of a property manager.
When a suitable property has been found evaluate the property as an investment, and ask for current rental rates and payment history, maintenance records, property expenses such as taxes, insurance and utilities costs.
You can work directly with the owner or hire a real estate attorney or buyer's agent to help draft an offer, but before making an offer perform due diligence such as hiring a licensed home inspector and ensure there are no liens.
If considering buying an investment property that is currently a rental, there is the option to contact the manager or proprietor of a Montpellier property for rent by owner, and then use a title company or closing attorney to handle the purchase process.
Montpellier generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Montpellier is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
Real Estate Agents and Property Developers in France
