Khaoula is investing in Strasbourg from Switzerland

In Switzerland, a buy-to-let property requires a 25% deposit, so Khaoula turned to France, where the entry ticket is lower. For her Strasbourg property, it was the search for financing that led her to join Frédéric’s support programme. She secured her loan.

The property’s big advantage is its commercial use: Khaoula can let it short term all year round, with no permit or change of use. She ran all her numbers before buying and puts the yield at 12%, using a pessimistic income assumption. Strasbourg draws tourists all year, with its cathedral and its Christmas market.

Her first property, bought in Marseille through a turnkey company, left her without real advice or follow-up. For Strasbourg, Khaoula stays in control: she plans to run the property herself from a distance, using automation tools, and has already found a cleaner.

The property only needs cosmetic works. Khaoula contacted the tradespeople herself and set the ceiling not to exceed: €20,000. The bathroom will be redone to a high standard, with a large double-head shower and a double basin. The kitchen is moving, the walls are being repainted and the parquet varnished.