0044 161 976 5656

Leasebacks work in a very simple way...and our 'armchair service' makes it very easy to buy.

Our excellent multi-lingual service takes you through the entire process and is completely free of charge.

You buy an apartment, and then simply agree to 'lease it back' to an on-site management company, for year round rentals (you buy it freehold, so you own the apartment from day one). The management company is already appointed for the development, and everything is administered for you from the outset.

Common lease periods are between 9-11 years, after which you can either: exit the lease and sell your property or renew the lease with the management company. The management companies are keen to take your property on again and normally the lease will renew automatically if you wish. This gives you a reliable lifetime income.

In return for allowing them to market it for year round rentals, the management company will pay you a guaranteed yield (guaranteed rental), normally around 5% of the price paid for the apartment. This will increase periodically in line with the INSEE Cost of Construction index, published by the French government. 

If you buy a new build apartment (off plan), the government will also waive the VAT for you. This is sent back to you when the property is complete and is a huge saving as VAT in France is 19.6%.  

Usually (subject to status) 75% funding is available for residents of RSA and both 'interest only' and 'repayment' mortgages are available.

In addition to this, you can benefit from zero capital gains, so 100% of the profits will be yours to keep (see the tax page for how capital gains works in France)

Our service takes you from choosing an apartment to arranging you finance and your papaerwork.

The Purchase Process Explained In Brief.

Choose an apartment with us.

We make a verbal reservation.

Transfer your deposit.

Sign the purchase contract

Place your mortgage

Sign the final paperwork

Our legal office in South Africa

You do not have to travel to France to sign your deeds. It can all be done with our South Africa with our legal partner:

Botes Attorneys

191 Soutpansberg Road
Riviera
Pretoria
South Africa
0083

email - botesprok@yebo.ca.za

contact - David Botes

With us, leasebacks are very easy to buy. Our excellent multi-lingual service takes you through the entire process and is completely free of charge.

you can call us on 0044 161 976 5656