Coex (Vendée region)

Leaseback scheme information

How the leaseback scheme works

The properties are purchased freehold and owners enjoy up to 15 weeks personal occupancy.

Financial advantages

French VAT refunded with VAT rebate pre-financed by developer

Immediate and significant savings on initial outlay as purchase price you pay is the price exclusive of VAT

Recovery of French VAT on furniture and fittings

Notary Fees: Approx.3% of property price inclusive of VAT

Benefits to the purchaser

Hassle free property ownership

9 year renewable commercial lease

15 weeks personal occupancy with 3 weeks in July or August

Income of 55 % of the rentals generated by the holiday  management company

Freedom to furnish and decorate the property

Flexible mortgages

The assurance of a sound long term investment through good location and professional property management. 

Mortgages on leaseback properties

French mortgages are available on leaseback purchases up to 80% on a repayment basis.

Quotes and proposals available. Please ask for details.

French mortgage interest can be deducted on annual tax declaration

Tax liabilities

An annual tax declaration will need to be completed in France

Rental Income is subject to 25% tax by French Tax Authorities

Accountants fees: Approx. € 300 per annum.

Tax deductible: Interest on French mortgage, depreciation on apartment, furniture and fittings, accountants fees, notary fees and annual rates.

France leaseback property:

Leaseback properties in France on residential developments.

French leaseback scheme main page