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Take 5 in France – the best leaseback or rental property from €80,000
Dreaming about buying a place in the sun or on the ski slopes, but not sure you can afford it? One way you could is through buying a leaseback property. The French Government introduced leaseback properties in 1976, which were built in certain areas of France to improve employment and boost tourism, by providing rental homes for French tourists as well as those from abroad. You buy leaseback properties on the condition that once you have purchased the property, you then lease it back to the developer or letting agent. But you, the purchaser, are the owner of the property, you own the freehold and commonly you’ll get a few weeks of the year to use the property yourself. Here’s a taste of some properties that could not only provide an income, but offer you a few weeks of paradise every year.
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Paris
Superb development in Montreuil
80,000 euros |
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| This development comprises a selection of studios and one-bedroom apartments, released by a first class developer and connected to inner Paris by the well organised urban train network. The block is ideally situated in a quiet area and perfectly adapted to suit the needs of professionals on business trips as well as students. Montreuil is one of the most up and coming suburbs of Paris and is only just over four miles from the centre of the city. |
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Rhône-Alpes
Cosy apartment with balcony in Saint Gervais
135,000 euros |
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| Situated only 45 minutes from Geneva airport and at an altitude of 850m, Saint Gervais is a thermal spa resort and provides excellent skiing. This apartment is not leaseback, but does have excellent rental potential. It comprises 31m2 of living space, with an equipped kitchenette and one bedroom. The balcony has wonderful views and the property benefits from a covered parking space, a cellar and a ski rack.
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Languedoc-Roussillon
Fabulous development near Montpellier
180,365 euros |
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| In the heart of the historical centre of Grau du Roi, close to the seaside resort of Port Camargue, Cap Med is a high quality residence. The apartments are fully furnished, and the development is close to all amenities and is also near the beautiful landscapes of the Camargue. Tenants will benefit from the swimming pool and their own gardens or large terraces.
Apartment living space ranges from 33.75m2 to 50.95m2.
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Provence-Alpes-Côte d’Azur
Excellently located leaseback opportunity
299,426 euros |
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| This is a leaseback property that has it all – sun, sea, golf and spa. The location is fantastic, right next to the old Cannes-Mandelieu Golf Course, and overlooking a large lake. All within a short walking distance of the beach, the location is perfect for holidays and relaxation. Facilities include a large swimming pool, tennis courts, bowls, children’s recreational area, spa and meeting room facilities. All apartments have a terrace and come fully furnished. Parking is included. |
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Provence-Alpes-Côte d’Azur
Luxury accommodation in the heart of Cannes
460,714 euros |
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| The residence offers the ultimate in luxury and comfort with the intimacy of a boutique hotel and services offered by 5-star hotels. There are multi lingual staff, babysitting/crèche facilities, underground valet parking and a concierge who will look after your every need from yacht chartering, booking the best restaurants and arranging airport pick-up to personal shopping. The comfort extends into the privacy of your apartment, with luxury remote controlled beds with massage function, Jacuzzi spa baths, power showers, HD TV and DVD. |
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Additional article which may be of interest:
Leaseback Property in France
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