frenchbuy2let.comwww.frenchbuy2let.com
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Posts posted by frenchbuy2let.comwww.frenchbuy2let.com
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Firstly I should declare my hand - Im now director/owner of www.frenchbuy2let.com - about 3 years ago I discovered leaseback (Im a primary school teacher - I went part time in September, and now leaving completely this year). I bought in a great development called plan de la tour near st tropez. Its run by Odalys who have been great. I then set up a really amateur website as a meeting place for all those interested in leasebacks and a busines guy approached me and its turned into a business and we had it all redesigned.
I became a bit of an anorak and investiagted all the leaseback rental companies for financial strength history etc etc
Theres a forum there with hundreds of posts covering tax, capital gains , what to watch out for etc
I actually sold 15 cap dagde properties its a good one - odalys are the rental company who are great. Its was owned by a dutch firm.
Ive got a great bilingual mortgage brokers who can get 80 % mortgages so when you get youre rebate it equates to 96%
drop me an email if you need any advice [email protected]
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btw any questions welcome
ill answer honestly and openly - leasebacks arent for all but for many they are a sound investment
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Hi
I bought a leaseback near st tropez a couple of years ago and set up a company which now offers both leasebacks and managed new build properties for letting.
With regards to resell - mainly they are done through local agents and are snapped up.
The best thing is to have them as a pension type investment and have a couple of weeks a year visiting them.
Glenn
What are the Mortage Intrest Rates at the moment?.
in French Finance
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