Geographical search. Click on the map:



  You need to upgrade your Flash Player to view the PVCI web site.
  Please download the latest flash player on the Macromedia web site.

telCall back

* Mandatory fields

Information
request

Subscribe to the newsletter

Unsubscribe

 

Home > FAQ > What is a leaseback?

What is a leaseback?


A popular way to invest in property in France is to buy a leaseback property which benefits from a government-backed VAT-refund incentive, designed to encourage investment in tourist residences. Through freehold ownership of an apartment or cottage that is leased back to a management company for a minimum period of 9 years, investors benefit from guaranteed annual returns from their fully managed and maintained property with relatively low up-front costs and no ongoing maintenance or running charges.


Main features of a leaseback property with P&V:

  • A freehold, fully furnished property
  • Investor entitled to reclaim the 11-19.6% VAT over a 20-year period
  • Property leased to P&V management/tourist company for minimum 9-year period, with automatic renewal for a further 9 years
  • Investors receive index-linked, guaranteed annual return of up to X.X% with options for personal usage
  • No running charges or maintenance costs

    • What does leaseback mean?

    Why was leaseback introduced?

    What are the benefits of leaseback properties?

    Can I sell during the lease period?