Leaseback purchase
As well as capital growth, many new build properties selected by VEF allow you to earn a guaranteed rental income, with little or no effort required from you, the owner. They are either leasebacks or traditional buy to let properties. If you're looking to earn hassle-free income on a holiday home in France, Whilst benefiting from a saving of up to 19.6% on the property price, then the leaseback scheme is for you.
Introduced in the mid-80s by the French government to boost the construction and tourism industries, it represents a wonderful investment opportunity and a safe and easy way of making your property abroad pay its way. So, how does it work?
You buy a new home on a development offering the leaseback scheme i.e. where a rental company is available to provide services such as reception, provision of household linen, cleaning and sometimes even breakfast.
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