What are French Leasebacks?

Investors buy the freehold of an off-plan property outright, so you own the property. As with all new properties, the purchase price includes VAT, however with a Leaseback property the VAT is refunded back to you. As VAT in France is 19.6%, this either replaces, or significantly reduces your deposit. The property is then leased back to a management company who specialise in the tourist management, maintenance and rental of these properties for a period of 9 - 12 years. In return owners receive a guaranteed annual return which increases with inflation, irrespective of occupancy of the property, NET of all communal charges, maintenance and running costs.
Learn More | Who are Somerset Mortgages?

 

01	Low Mortgage Interest Rates - Fixed for 25 years
02	New Tax Breaks Introduced in 2009 French Budget
03	19.6% VAT Rebate, which acts as your deposit
04	Low Risk Investment, with a Guaranteed Income
05	Personal Use - have holidays in your investment

Centre Parcs - Isere 4,3% Guranteed Rental Return

Priced From: € 260,000
Leaseback Type: Leaseback
Location: Countryside