General Discussion

Vat Repayment

6 March 2019
Forums: 
General Discussion

Hi,

I have a leaseback in Les Jasses De Camargue. The lease ended on the 17th of November with pruniere. He is refuses to leave the site. So there is an ongoing court case.

I started renting my property myself from that date, not realising that I would have to pay back the proportional VAT.

Do you have to pay back the VAT is one lump sum or can you spread it out?

Can I rejoin the leaseback if and when a new leaseback operator is found?

Any help would be fantastic

 

 

 

 

 

 

 

 

 

Avocat Company Specialising in Leaseback Problems

7 January 2019
Forums: 
General Discussion

Dear All,

 

I see that Wineflair has already posted a link to this company:

https://fightleaseback.com/

I know nothing about them but just took a look at their website. Perhaps you should take a look, nothing to lose. In my experience a group of people working together is far better tahn individuals carrying the burden. I hope 2019 brings you health and happiness and allows you to get out of yuor leaseback nightmare. We got out of ours a few years ago, so it is possbile but it took a lot of hard work.

 

French Tax Guide/Resources

1 January 2019
Forums: 
General Discussion

I was wondering if there are any good resources to understanding the French tax system and how it applies to leaseback property.

I know that this is a potentially big topic to get one's head around but I realise that, despite owning a leaseback for over a decade, I know close to zero about how my taxes are calculated.  And instead have been relying far too much on my accountants who are happy to charge me but don't seem interested in advising and informing me about my investment.

The reason this has come to mind now is a comment included in my welcome email to this site:

Center Parcs Domain Des Trois Forêts

1 January 2019
Forums: 
General Discussion

[This is a cross post from the Center Parcs Domain Des Trois Forêts board.  Posting here as I'm not sure anybody will read it there]

Hi,

I'm new here and own a leaseback in Center Parcs Domain Des Trois Forêts.

My first observation is that there are no posts in the dedicated forum.  Is that because there are no other owners on this site?  Or it because people just post and read the General Discussion board?

Selling

30 December 2018
Forums: 
General Discussion

Hello,

Can i ask what may be a stupid question. At what stage can a sale/leaseback property be sold as a freehold , not a touristic apartment.

I am 10 yearts in and lease is up for renewal . I have not signed anything yet. I would like to offload if possible.

Regards,

Sean

 

 

Liquidation of leases

20 October 2018
Forums: 
General Discussion

Hi, Id welcome advice on an evolving situation.

I am in year 8 of a 9 year lease on a Tourism Residence with 90 lots managed by Eurogroup. I was considering giving notice and paying the eviction fee as payments are always late and Eurogroup have history of offering significant reductions on second term rents and I could make more income and control my apartment, if it went to classic ownership.

Lease Renewal

3 October 2018
Forums: 
General Discussion

I have just received a pdf from Lagrange/SMAS Tourisme re renewing my lease, with amendments.  One of which is as follows:

Dans l’article 5 – Loyer, alinéa 5.1 – Loyer en numéraire – C- Révision du loyer : il est prévu une indexation du loyer en numéraire basée sur l’indice INSEE du coût de la construction, les parties conviennent de remplacer cet indice de référence, par l’Indice sur les Loyers Commerciaux (ILC) plus adapté aux baux commerciaux.

Le mode de calcul pour l’application de l’indexation triennale fixé dans le bail initial sera conservé.

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