As part of the French Government's initiative
to encourage the development and letting of self catering
accommodation in popular areas such as The Alps, they developed
the leaseback concept whereby significant
tax benefits are provided to purchasers of newbuild properties,
in exchange for the owner committing to let out the property
via a management company for a fixed period. During the guaranteed
period, all bookings are handled directly by the management
company, with the owner receiving a guaranteed income of generally
between 4-10%.
We believe that this combination of guaranteed
income and significant tax breaks offers an excellent opportunity
to get into the French ski property market. A selection of
current French leaseback opportunities are shown below - if
you would like to discuss these in more detail, please contact
me, Ed Bassett, on 0044 - 1785 - 812217 or email ed.bassett@snow-rentals.com