french ski property

Leaseback have as good as ever with some important changes in French tax authorities - more about that later. With a French Leaseback, you buy a property - usually in a ski, beach or golf course development - and you will receive back the local tax (TVA). VAT is levied at 19.6% in France. Besides this major advantage, you will receive a guaranteed rental income for first 9 a.m. to 11 a.m. years.

How high are the property price estimate?
Here are some examples of the leaseback of the largest developers in France:

1 bedroom apartment Meribel bought in 2003, estimated value of 118.3% in 2006 sold.

1 bedroom apartment Coudalere bought in 2004, estimated value of 97.4% when sold in 2006.

Of course, we can not guarantee such high growth rates on future purchases.

SIPPS

Another big advantage for the UK buyer is the tax benefits of buying a leaseback within your SIPP. Many of our developments are deemed to be "commercial" and can be involved. We have a leaseback in France and Spain who are in SIPPs.

Tax Benefit

It was recently clarified the new French law on the VAT and lease backs. After the sale of a leaseback property, owners are no longer to repay the VAT pro rate temporis as long as the new buyer continues with the lease agreement - the new buyer does not therefore have to pay VAT.

Our TOP TIP - Center Parcs

Lac de l'Ailette, the first Center Parcs Europe domain from the Pierre & Vacances Group, opened in July 2007.

The new generation Center Parcs is in a league of its own - with high quality equipment, LCD monitors, private terraces and three different types of cabins.

We expect reservations to break fast - please contact us if you want to reserve.

Howard Bauer
PropertyMagnate.com - Leaseback Investments
Tel: + 44 (0) 1525 635191
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