Secure investment with guaranteed returns.
Guaranteed returns for between 9 and 11 years, with
option to re-new contract.
Possibility to use property as vacation home.
Refund of almost 20% V.A.T by French Government.
Wide variety of fabulous locations including French
Riviera (Cote d’Azur), Paris, The Alps,
Normandy, the Dordogne and more.
Wide selection of property types including beachfront,
golf, ski, city, Disney and French Village.
Mortgages available up to 70% of property value.
Top class property and rental management to look after
your property. |
Leaseback Property Overview
Offering Clients a wide range of quality
leaseback and investment properties in France.
A country with more than 60 million inhabitants and over
70 million tourists annually, France offers
investors a secure market with years of proven demand.
Leaseback property is a perfect investment for those seeking
a safe investment with minimal risk and guaranteed long-term
returns. Returns on leaseback property are secured by the
French Government and all institutions are in place to offer
local finance to foreign investors. France also offers choice.
From city apartments in Paris, to renovated chateaus in
the Dordogne, to Ski properties in the Alps and to sun-soaked
villas in the Cote d’Azur France offers something
for everyone.
Leaseback Purchase Process
5% refundable deposit - Holds property for 30 days
25% as typical first payment
A further 20% is required on completion of the deeds which
will take place 5/6 month later, then 5 or 6 stage payments
of 10% to 15% every 7 to 12 weeks until completion of the
property at the end of 2007. A last 5% is paid on key handover
of the keys and when you are happy with all the specifications.
Contract signed with property Management Company to let
property typically from 9 to 12 years.
Refund of 19.6% V.A.T from French Government on signing
of rental management contract. Tipically three months after
completion.
Mortgages available up to 70% of total property value (inc.
VAT), interest rate currently at 4.1% approx.
VAT refund can be used against mortgage or as part of a
deposit on a second property.
Property let and maintained by Management Company for the
duration.
Possibility to re-new contract at end of term for periods
of 3, 6 or 9 years.
Enjoy your property
Leaseback is an innovative concept that combines real estate
investment and possibilities of residential stays in an
attractive tax and financial environment.
You are a full owner.
You create an estate of quality.
You entrust the rental, management and maintenance of your
residence to a company in the upmarket hotel management
business. The rental management and the rental revenues
are guaranteed by a commercial lease of a minimum of 9 years.
You benefit from the status of Non-professional Lessor of
Furnished Property - LMNP-(tax-free rental revenues)
You recover the VAT from the amount of your acquisition
(19,6%)
You may retain periods for personal occupancy (vacations,
w/e...).
You benefit from a complete service such as provision of
furnishing, decoration, electrical appliances, kitchenware
and dishes.
Hotel services are available: reception, room service, house
linen, green space maintenance, 24h security....
Quality
Privileged locations: bordering golf course, at the foot
of ski slopes or along the sea, increasing the value of
your investment and estate.
Internal services at the top of your requirements for welcoming
and warm homes furniture selected with taste, earthenware
plates and tiled floors of well-known brands, nicely equipped
integrated kitchen.
Equipment that makes a difference: private swimming pool,
balneo bathtub, privately owned storeroom, telephone switchboard,
guarding...
COMMITMENTS
The transaction will be concluded by virtue of the signing
of a VEFA (sale in the process of completion) type contract,
which will set forth in an exhaustive way all of our commitments:
sale price, delivery date, detailed design plans, technical
description. You will also receive a description of the
furniture and electrical appliances.
To enjoy your house without any worry, you will benefit
from legal guarantees for the finishing work. The guarantees
will be included in the sale price.
All constructions comply with the most recent comfort standards:
safety, noise and thermal insulation for all season stays
and for many years.
If you so desire, the hotel management company can take
care of the maintenance and rental of your property. That
company will guarantee a rental return which will be specified
by a commercial lease contract for a period of nine years,
renewable if requested for 3, 6 or 9 years.
FINANCIAL AND TAX ADVANTAGES
Notary fee varies between 2 and 4 % (purchase of a new property).
Advice regarding a search for advantageous financing
The possibility of obtaining the tax status of Non-professional
Lessor of Furnished Property (LMNP) or Professional Lessor
of Furnished Property (LMP) by opting for the rental management
of your property.
This tax status will allow you: to recover the VAT from
your acquisition (19.6%) to collect rental revenues net
of charges and taxes (LMNP status) to realize tax reduction
on your overall income (LMP status)
ADVANTAGES OF USE
You spend your vacation in your own property. You can use
your residence during your vacations and week-ends..
Most residences all have a private storeroom intended for
the owner. You can store your personal belongings in the
storeroom all year long.
You are free from all concerns related to rentals. A hotel
management company will take charge of the maintenance (swimming
pool/garden) and the rental management of your villa/apartment
(search for and welcome of the tenants, rental payments,
inventory of fixtures)
Hotel services ‘à la carte’ as in a hotel.
You will have services available such as cleaning, provision
of bathroom linen, sheets...
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