Marjorie invested in Serris from a distance
Can you invest in short lets near Disneyland when you run your project remotely? Marjorie bought a 42 m² one-bedroom flat in Serris, in the Val d’Europe, for €222,000, listed at €238,000. With €15,000 of works, she is aiming for over €2,000 of rent a month and about €500 of cash flow.
Marjorie’s flat in Serris
RecreatedAfterWhat Marjorie had to overcome from a distance
FinancingA €199,800 loan
Marjorie borrowed €199,800 at 3.75%, with a three-month deferral. The monthly payment is €1,194.
LettingShort lets near Disneyland
Serris is in the Val d’Europe, near Disneyland. Marjorie is betting on short lets, with rents estimated at over €2,000 a month, for about €500 of monthly cash flow.
Renovation worksA €15,000 budget
Marjorie is planning €15,000 of works for this 42 m² flat intended for short lets.
How Marjorie invested in Serris from a distance
Serris, Val d’Europe
A flat negotiated to €222,000
Marjorie targeted the Val d’Europe, near Disneyland. She bought a 42 m² one-bedroom flat, listed at €238,000, for €222,000.
The loan
€199,800 at 3.75%
She borrowed €199,800 at 3.75%, with a three-month deferral. The monthly payment is €1,194.
The works
A €15,000 budget
A €15,000 works budget comes with the purchase, to get the flat ready for short lets.
Today
Over €2,000 of rent targeted
The flat has been bought. As a short let, its rents are estimated at over €2,000 a month, for cash flow of about €500 a month.
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