Leaseback Property in France
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What is Leaseback?
Leaseback is a French Government backed scheme which allows you to buy a new property in designated regions of France and be refunded the 19.6% VAT! You own the freehold on the apartment or cottage and it is leased back to a reputable property management company for a minimum of 9 years. Your investment yields a guaranteed annual return of up to 4.5%, you have a fully maintained and managed property – and have a personal usage option. It’s an investment vehicle you can enjoy and which is working for you when you’re not there!
Main features of a leaseback property:
- A freehold, fully furnished property
- Investor entitled to benefit from the 19.6% VAT rebate
- Property leased to a reliable management/ tourist company for minimum 9-year period
- Investors receive index-linked, guaranteed annual return of up to 4.5% with options for personal usage
- No running charges or maintenance costs
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- UK Telecom (expat phone, bb & TV)
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- Foreign Currency Direct (Currency)
- George East's books on France
- France Car Hire (in all major cities, train stations & airports)
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