General Discussion

Nendaz and Transmontagne in Switzerland

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Does anyone have any information on Transmontagne and its involvement in developments in Switzerland. I am in the process of buying an apartment in a development called Pracondu 2 in Nedaz in the Valais region in Switzerland. This is a leaseback scheme and the lessee is a company called Alpvision which is owned 90% by Transmontagne. We have been assured by Savills and Genvalco (the builder) that Alpvision is a ring fenced subsidiary of Transmontagne and is not and will not be affected the the Transmontagne insolvency.

In Termignon Vanoise an association

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General Discussion

Hello,

In Termignon Vanoise an association is in the course of creation
www.lescoprosdetermignon.org

join us!!

Didier Breux

Rent returns

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General Discussion

What percentage rate of return is currently being offered on new leaseback schemes?

Rent reviews

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General Discussion

Are most leaseback rents reviewed every year or does it very much depend on the individual scheme? Ours has a three yearly review and I'm now thinking this isn't very good.

Dim light at end of the Tunnel

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General Discussion

Hi I am a Newbee on the forum and I have been directed here by Joan O'Sullivan and I was delighted when I received her letter today. I was thinking I was on my own in this mess. I have 2 Apartments in Chamrousse bought through the very unhelpful French Property Ireland. However they have passed me through C'est La Vie Properties whom to be fair are doing their best and translate every relevant document and have helped complete my tax returns etc.

Transmontagne Termignon

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General Discussion

Anyone else fed up with non-payment of rent.

I wish to have the lock on my appartment changed to stop access as they aren't paying me for using the apartment I don't see why they can have access to it.

Getting very annoyed by this, is anyone esle out there feeling the same way?

New laws re VAT

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General Discussion

Hi

I have a leaseback near Toulouse and have just received forms from my accountant asking me to sign documents allowing them to act as guarantor in respect of VAT (apparently there is a new law as from Sept 2006). Does anyone know what this means? There is an English translation of the forms, but in typical tax speak it is all a bit confusing! Thanks in advance for any help.

Renewing a lease

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General Discussion

Hi

Has anyone renewed a lease on a leaseback property? What's the process when you have just 1 year left on your lease I'd be interested in hearing their story.

Thanks

Meeting

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General Discussion

Hi Folks

I am finding this irish Leaseback site very interesting. Would it be a good idea for Irish leaseback holders to meet up somewhere to have a meeting once a year to discuss leaseback issues? This is not to say that this is an excellent website with good information, personal contact is also good. What do members think?

Goldstar Nice RCM Non Payments

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General Discussion

Hi, first post so apologies if this is in the wrong place.

We own a couple of leasebacks, one in Paris and one in Nice. The one in Paris is well managed and has been working well for approx. 4 years, however the one in Nice (Goldstar) managed by RCM has turned into a complete nightmare.

After significant build delays (approx 1 year) and now after 1 year in full operation we have yet to receive a single Euro.

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