Francophiles is offering its clients a unique investment opportunity with leaseback properties for sale in ski-resorts, by the sea and in the countryside.

The properties are on prestigious developments and give owners a guaranteed net rental income of up to 4.5 % a year.

The properties are managed by leading leaseback specialists so there are no maintenance worries or expenses but owners can still use the properties themselves.

And due to a French government tax incentive nearly 20% VAT on the purchase price will be refunded to buyers.

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Leaseback

You become the freehold owner of a furnished property and sign a nine-year leaseback agreement with a leading holiday leaseback company (renewable for a second 9-year term) - unless otherwise stated in the property details.

This means that the holiday leaseback company takes care of your home, all maintenance and hassle and guarantees you up to a 4.5% net return on your property for up to 18 years. This return is net of all running costs and index-linked to the cost of construction in France. So, each year, your yield should actually increase, making it easier for you to repay your mortgage.

In addition, buying a leaseback property in France offers you another advantage: the VAT, which can be up to 19,6% of the property price, is refunded to you. Unless otherwise stated the VAT is credited at time of acquisition – a significant saving on your purchase price (If you sell your property within a 20 year period you would owe the French Tax authorities a proportionate amount of the VAT "pro rata temporis". The second buyer would also be able to reclaim any outstanding portion of unclaimed VAT.)

Property management

Once a property is bought through Francophiles it will be managed by a leading holiday leaseback specialist.

You will be the freehold owner of your property and you sign a management agreement with the company which becomes your exclusive tenant.

In exchange, the company guarantees your annual rental payments and is responsible for the maintenance and the management of your property. This means:

you have no worries about day-to-day management responsibilities: no need to look for tenants or pay an intermediary, pay utilities, deal with maintenance issues, search and pay for insurance, etc. : you are not exposed to fluctuations in the tourist market as returns are guaranteed irrespective of occupancy and there are no excessive administrative constraints.

Take holidays in your property

You can use your apartment for holidays for you and your friends and family. You decide how many weeks you want for your own use by choosing the acquisition package that best suits your needs.

For more information e-mail Francophiles on: sales@francophiles.co.uk or telephone 01622 688165.