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French investment

5 replies

MadamK · 09/08/2020 17:57

DH (French) and I are planning on moving to the South or South west of France within the next few years. We will already have a house with no mortgage and around £100k to invest.

Are there any ways we could invest this to make an income of around £2k pcm?
We were thinking along the lines of a rental property but not sure how viable this is.

OP posts:
Gfplux · 10/08/2020 21:07

I don’t think so.

Frenchfancy · 14/08/2020 06:33

That would be a 24%yield!! If it were possible everyone would be doing it.

The best you can hope for is about 4% so 333€ per month. And you would be taxed on that.

MadamK · 14/08/2020 16:19

Thanks @Frenchfancy. Do you have any advice on how we would do that? I have looked into buying a 1 bed flat at around £100k and have seen rental yields at around 1k per month

OP posts:
Gfplux · 14/08/2020 19:33

Where are you looking to invest.
A one bedroom flat (say 45sq meters) including parking for £100k is that in France or the UK?
If in France you have to be comfortable with the currency risk. However if as you say your long term aim is to buy in France then buying in euros now would make it easy to sleep at night as you have one less risk to worry about.

Gfplux · 14/08/2020 19:39

I should have added a purchase of £/€100k with a yield of £/€1000 a month = £/€12000 a year is very unusual today and indicates high risk (very high risk) at 12%
When I say very high risk there is a possibility of losing much if not all of the original (100k) Investment.
Be very very careful.

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