If you want to invest in French real estate but you do not have a lot of money to start with you still have an opportunity. Invest in French parking, you purchase the title of a garage or a parking space in a building in an area where there is rental demand and you can find yourself with a good investment.
According to an article in the French site Explorimmo today return on investment for a garage can be between 5 and 6 percent which is higher than on regular housing.
A quick search today (2014) on the French property site Seloger.com shows garages in Cannes priced from 18 000 euros to 80 000 euros.
In Monaco, there are no garages for sale today. If you have one to sell in Monaco you have most likely a guaranteed sale or renting opportunity. In Paris today there are parking spaces in underground parking for sale for 7200 Euros. Then prices step by step go to a double parking closed garage in the 16 district in Paris for 183 000 Euros.
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