Your French Property offers a fully comprehensive service free of charge
Your French Property are specialist providers of French property to the overseas market. Whether you are seeking a leaseback investment, a holiday home or a permanent place of residence in France we can help. Due to our long standing relationships within the French property industry, we are able to cherry pick the best properties as they come on the market and represent the major developers and estate agents in France. Our dedicated team of bilingual staff are on call to help you locate the perfect property and to assist throughout your purchase, simplifying the process and helping you free of charge.
Leaseback
Become a French property owner and receive a 19.6% VAT rebate on new build leaseback property, whilst earning a guaranteed rental income from an established management company.
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Information on Leaseback property
Types of Leaseback Properties Available
Properties will more commonly be apartments or townhouses and will range from studio apartments to two bedrooms. Larger properties tend to be rarer and when they are available sell very quickly.
The developments are usually sold ?off-plan? which is very frequent in the French property market. Potential purchasers will be able to consult detailed plans and summary building specifications prior to purchase.
When purchasing leaseback property and deciding on the size of the property to purchase it is important to take into consideration where the property is located. Studios rent very well in large cities such as Paris, Lyon and Marseille, but there is not as much demand for these size properties in rural areas, say for example in the heart of Burgundy.
Some investors prefer to purchase several small studio apartments in central locations with good transport links as to diversify their portfolio whilst others will prefer a three bedroom apartment in an upcoming ski resort.
Depending on the French fiscal status of the development (ZRR or LMnP) the properties will either be furnished by the property management company (who in this case carry the price of the furniture), or, there will be a set furniture package which is purchased by the owner. In the event that the cost of the furniture is to be paid for by the owner this is usually included in the purchase price but it is advisable to seek confirmation.
Purchasers will not have a choice of the finish of the properties (ie. Paint colour, colour of tiles etc) as the properties are generally equipped and decorated to the same finish throughout the residence.
The properties also come equipped with fitted kitchens which depending on the development will include items such as hobs, extractor fans, sinks, cupboards, microwave, oven, dishwasher?
One aspect of French apartment blocks which differs to apartments in the UK is that they are not leasehold. In fact, in France you have what is known as a copropriété (co¬ownership) and all the co-owners own a certain percentage of the communal areas, for example Mr Bloggs in apartment 1 may own 35/10000 of the communal areas.
