This is my first ever forum posting, so please excuse me if I am asking a previously asked/responded to question?
I'm interested in purchasing a ski leaseback property, but I am concerned about eventual re-sale? Has anyone got any experiences of purchasing a lease back, and then selling it a few years later. Has the capital value of the property appreciated? - A circa 4.0% yield would hardly seem worth it, if the property is subsequently difficult to sell on.
I am thinking about buying in orelle a bit out of the way but linked to the trois vallee- the price is good but a couple of things worry me. Its not ski in ski out and is linked to val thorens by telecabin that can be prone to closure in high wind. The development is around 700 km from the lift.The place is really quiet. Anybody any thoughts?
hi, im considering purchasin a french leaseback. I am worried that they seem to be a lot of money for a relatively small amoiunt of space. does this concern any of you owneres? what do u recommend i look for in a leaseback, is it better to get one that is due to complete sooner or later? also is it true that you have to take out the mortgage before the aprtment is even built? sorry for all the questions its just ive tried to speak to an agent and they just wouldnt answer my questions atall!
Hello,
is tax paid on rental income on leaseback properties to the French government when the property has been paid outright?If not is any tax due to be paid to the UK IR?
I was led to understand that you were exempt from paying the Taxe de Foncier for the first two years from the 1st of January following completion. I bought my property at the end of MAY 2005 - and therefore believed that I would not receive a bill for this tax until January 2008.
However, I have been told by the French tax office that the exoneration only applies to the departmental and regional tax but the local tax de foncier still applies.
As mentioned in another post, we're looking at buying an apartment near Nice. We would like to hire an independent lawyer to guide us through. Found one on the internet - Fabien Cordiez - anyone any experience or can anyone recommend someone they've used? Also, management company for development is called 'Bacotec Gestion'. Anybody any experience of them?
We are looking at buying an apartment near Nice and have been dealing with Conseil Patrimoine, Cannes. To hold the apartment we have been requested to pay 5% deposit into a notaire's escrow account. We would like to visit the area before committing outselves but there are only a couple of apartments left hence booking the apartment before we even visit. Is it safe to pay this money into such an account? Is this normal course of business in sale and leaseback? Is it true that if I send a letter to the notaire stating we're not proceeding that he must refund deposit within 21 days?
Hi,
I'm French and live in the UK. I'm considering buying a flat in leaseback. This flat has been acquired by the present owner 6 years ago. The contract will terminate within 3 years.
How can I be sure that the management company will renew it?
Also in that case, I believe the VAT has already been deducted from the selling price. Should I have to wait another 14 years before being able to sell the flat without having VAT to repay to the French Government?
I am totally new to the leaseback field and would really appreciate if anybody can give me positive feed back in the above Aude and Carcassone apartments. As I am new to searches, can anybody recommend other 1 bedroom properties costing between £60 to £70,000 in the south and Languedoc regions and is bartering just a thing we do in Northern Ireland, can I negotiate prices ie lower offers.
English
Français