French Leaseback properties (also known as Residence de Tourisme or LMNP) are very popular in France for long-term investments and retirement planning. For non-French residents they not only make sense as long-term investments but also are ideal as holiday homes.
Established in 1967 by the French government as a way of encouraging investment into the tourism market, French Leasebacks now also include retirement homes and student accommodation.
Investors qualify for a 20% VAT Rebate off the purchase price of a Freehold villa or apartment. The French property is then leased to a management company or hotel chain, typically for 9-11 years (renewable), and in return, receive a Guaranteed Rental Income that increases with Inflation.
Most management companies offer owners a discount of between 10% to 30% off accommodation (ideal for a weekend away) and services within the resorts, such as luxury spa treatments, restaurants, etc.
|01||Low Mortgage Interest Rates - Fixed for 25 years|
|03||20% VAT Rebate Up Front|
|04||Low Risk Investment, with a Guaranteed Income|
|05||Personal Use - have holidays in your investment|
Priced From: € 84,000
Leaseback Type: Leaseback