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French leaseback property is purchased freehold. The
French leaseback scheme is designed to encourage both
investment and tourism. Under the terms of the French
leaseback scheme, the purchaser of a new property is
entitled to a VAT refund. (TVA in French). The refund
of the 19.6% VAT is a major incentive when buying a
leaseback property in France and an immediate
financial benefit in reducing the property purchase
price.
The purchaser grants a lease to a holiday management
company appointed by the French developer who will
pay you rental in return for use of your leaseback
property. In some cases a rental income is
guaranteed, depending on the number of weeks to be
rented per annum.
The initial lease is for between 9 and 11 years, with
the option of renewing the lease with the same
holiday management company for a further period up to
19 years. It is possible to sell a French
leaseback property before the end of the lease term
and without VAT refund penalty providing the buyer is
able to take over the leaseback contract.
French leaseback schemes can offer personal use of
the property for periods of between two and fifteen
weeks depending on the particular leaseback
development. In cases where the leaseback property is
purely for investment, it is possible to opt for no
weeks of personal occupancy. Properties range from
small studio apartments to substantial villas.
We currently offer leaseback properties in desirable
locations in the Vendée region.
View available French
leasebacks
We feel that our French leaseback properties offer
the benefit of VAT return, rental income and maximum
personal enjoyment. Due to the build quality
the properties also enjoy excellent resale potential
after nine or twenty years.
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