Real estate scam : avoid being a victim

Arnaque immobilière

You are a tenant

Fake landlords may ask you to send money by money order to reserve or pay for a rental. You should not give money without signing a rental contract. Prefer to pay by cheque or bank transfer, ask for a receipt if the landlord asks for cash. In any case, never send money by cash money order !

You are the owner

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Investing in a parking space in concession, amodiation

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When you’re looking to invest your money, you have to explore every avenue. In the area of investment in parking, we had not yet addressed the purchase of a concession parking space. We are going to take the example of the number 1 car park builder dealer : Indigo, formerly Vinci Park. The term amodiation is increasingly used to refer to this type of investment.

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Investing in a concession or amodiation car park is like signing a kind of contract or emphyteutic lease with Indigo. We had already talked about the experience of Christopher who bought garages on emphyteutic leases, which offers a good profitability over time. Officially you are not the owner of the car park but simply a right of use of the site.

The profitability of an Indigo car park, ex Vinci Park in a few figures

The average turnover of a car park complex is around 2.2 M$ in a large city, and $ 640,000 in the provinces. An Indigo car park is a big cash machine that generates a lot of money. Thanks to the large volume of spaces that is concentrated on a small area with geolocation in the heart of the city centre. Investing in an amodiation car park allows you to take part in this great adventure.

“The first five years we lose money, the next five years we break even, and then we make a profit, which often funds ongoing projects. “Denis GRAND (CEO of Vinci Park).

The rental profitability of a car park in concession, amodiation

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What are the standard dimensions of car park or garage

In this article, we will see the sizes of the parking spaces (for car, motorcycle, scooter, motorhome and caravan) and give you two great ideas to boost your profitability. Parking share with many tenants and car space transformation !

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Standard dimensions of car parking spaces

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Parallel parking space :

Width = 🇪🇺 European / 🇬🇧 U.K. : 2,44 meters ; 🇺🇸 U.S. Compact : 8 ft ; 🇺🇸 U.S. Standard : 8’6″ ; 🇺🇸 U.S. Standard Large : 9 ft
Length = 🇪🇺 European / 🇬🇧 U.K. : 4,88 meters ; 🇺🇸 U.S. Compact : 16 ft ; 🇺🇸 U.S. Standard : 18 ft ; 🇺🇸 U.S. Standard Large : 20 ft
Minimum height = 🇪🇺 European : 2,13 meters ; 🇺🇸 U.S. Compact : 7 ft.

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