Buy to Let in France
By Leo OBrien
What is a buy to let in France?
The buy to let scheme in France is where a property is bought and then leased to a property management company. The property management company then finds a tenant, maintains the property. In short looks after the purchaser s interests and makes sure the property is occupied by a paying lodger.
Unlike with a leaseback, a buy to let property is not let to holiday makers and so downtime is limited. Other advantages are that there is no furniture to buy, the property is let unfurnished and the terms, when compared to a leaseback, are more flexible. For example it is possible to break the contract with the management company at anytime.
How long is the lease period?
Normally there is a three year lease period. During this time, as with any property you will not have access to the residence for personal use.
What is the rate of return?
The average gross return is between 4-5% before costs on any extra guarantees. This of course can very from region to region.
When can the property be sold?
As with all property, a buy to let can be sold at any time. If there is a lodger, the chances are that full market value for the property will not be achieved.
For more information on buy to let in France, including property listings see www.myinvestmentinfrance.com
My Investment in France is a fully licensed Paris based English speaking real estate agency.
Buying a Property in France: It is Easier than you think!
Buying a Property in France: It is Easier than you think!By Cecil Jones
If you have been dreaming about buying an apartment or house in France ...
Foreign investment in France - Can You Wait?
Foreign investment in France - Can You Wait?By Howard Farmer
Foreign investment in France is likely to get a major boost after it was revealed ...
Rural Properties For Sale in France
Rural Properties For Sale in FranceBy Howard Farmer
There are dozens of reasons why starting a whole new life in one of France s many stunning ...
Is Property in the South of France Really That Expensive?
Is Property in the South of France Really That Expensive?By Nick Dowlatshahi
It is true that the South of France is one of the most expensive a...
French Property - 14.1% Saving on Renovations
French Property - 14.1% Saving on RenovationsBy Doug M Stewart
If you are doing renovations on a property in France, you should be aware of a t...
.
