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Adrien invested in Grasse from Switzerland

How do you buy a sea-view flat on the French Riviera when you live in Switzerland? Adrien bought a 64 m² three-room flat on the top floor in Grasse, listed at €150,000 and secured for €145,000. After €48,000 of works, the flat is set to be let furnished, with an estimated rent of €1,290 and a monthly savings effort of about €200.

SwitzerlandLong-term rental
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Chapel Bridge and Water Tower in Lucerne
Before and after the works

Adrien’s flat in Grasse

145 000 €purchase price
48 000 €of works
184 000 €borrowed
3,43 %interest rate
1 290 €estimated rent
The living room after the works, virtual stagingThe living room before the worksBeforeProjection
The kitchen after the works, virtual stagingThe kitchen before the worksBeforeProjection
The toilet after the works, virtual stagingThe toilet before the worksBeforeProjection
The first bedroom after the works, virtual stagingThe first bedroom before the worksBeforeProjection
The second bedroom after the works, virtual stagingThe second bedroom before the worksBeforeProjection
The bathroom after the works, virtual stagingThe bathroom before the worksBeforeProjection
The corridor after the works, virtual stagingThe corridor before the worksBeforeProjection
The corner by the window after the works, virtual stagingThe corner by the window before the worksBeforeProjection
The living room after the works, virtual stagingThe living room before the worksBeforeProjection
The kitchen after the works, virtual stagingThe kitchen before the worksBeforeProjection
The toilet after the works, virtual stagingThe toilet before the worksBeforeProjection
The first bedroom after the works, virtual stagingThe first bedroom before the worksBeforeProjection
The second bedroom after the works, virtual stagingThe second bedroom before the worksBeforeProjection
The bathroom after the works, virtual stagingThe bathroom before the worksBeforeProjection
The corridor after the works, virtual stagingThe corridor before the worksBeforeProjection
The corner by the window after the works, virtual stagingThe corner by the window before the worksBeforeProjection
The difficulties they faced

What Adrien had to overcome from Switzerland

Financing€184,000 borrowed, 24 months deferred

Adrien borrowed €184,000 at 3.43%. The loan includes a 24-month deferral. The monthly repayment is €1,080.

LettingA standard furnished let

The flat is set to be let furnished on a standard lease. The rent is estimated at €1,290 a month, against a €1,080 repayment: Adrien’s savings effort is about €200 a month.

Renovation worksA complete renovation

The 64 m² three-room flat, on the top floor with a sea view, has been fully renovated. The works came to €48,000.

The journey, step by step

How Adrien invested in Grasse from Switzerland

Chapel Bridge and Water Tower in Lucerne
The starting point

Switzerland

A project in Grasse

Adrien lives in Switzerland. With ImmoPourExpat, he invested in Grasse, in the Alpes-Maritimes.

Finding the property

Grasse

A sea-view flat to renovate

He found a 64 m² three-room flat on the top floor, with a sea view. Listed at €150,000, it was bought for €145,000. It needed a full renovation.

Financing from Switzerland

The bank

€184,000 borrowed at 3.43%

Adrien borrowed €184,000 at 3.43%, with a 24-month deferral. The monthly repayment is €1,080.

Renovating the property

The works

€48,000 of renovation

The flat was fully renovated, for €48,000 of works, then furnished for letting.

The result

Today

A savings effort of about €200 a month

The flat is bought and renovated. The rent is estimated at €1,290 a month, against a €1,080 repayment. Adrien’s savings effort is about €200 a month.

“In the long run, a good investment to progress and avoid mistakes.”

Adrien, Trustpilot review
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