The apartments at La Chapelle are available for purchase under the French leaseback scheme.
The French Leaseback Scheme was introduced by the French government in 1986 in order to increase international investment into the country while helping to provide self catering accommodation for the tourism industry. France is one of the worlds leading vacation destinations with around 80 million tourists visiting the country each year.
The main criteria for the French Leaseback Scheme are:
- Not to personally use your property more than 182 days a year.
- To have a management agreement with a management company. This will be provided by our developer partner.
- In return, you receive a refund of the VAT (19.6%) on the purchase price of your property, effectively a 19.6% discount.
- Plus you receive a guaranteed rental income.
There are a choice of leaseback options:
Ethieo: this option offers a 3.8% guaranteed rental return together with one week off-peak free usage.
Evaseo: this provides a 3.2% guaranteed rental return together with four weeks usage, one high, one mid and two low season.
Equilea – a 2.5% guaranteed rental return with seven weeks usage, which can be taken at any time.
Note: Rental returns are calculated on the sale price (taxes not included) of the real estate, excluding any parking spaces.
Full details on how the leaseback scheme works can be provided on request.