France - Falling in love with France

Article Date: 2007-10-28

The splendours of France boast a whirlwind of activities, namely, the recent World Cup Rugby and the ever-famous Tour de France Cycle Tour. France is also renown for being the Country of love, boasting the Eiffel Tower, the exquisite countryside of the Champs d'Elysee and the Arc de Triomphe, one of the most famous monuments in Paris. It was commissioned in 1806 after the victory of Austerlitz by Emperor Napoleon I at the peak of his fortunes. It's a small wonder investors are drawn to this country of eloquence and allure.

Property in France exists of various types, for example, leaseback property, buy to let, off-plan and reversion property. Leaseback property was introduced by the French government in order to increase the quantity and quality of holiday accommodation available in areas capable of attracting more tourists. This type of property caters for short-term lets and provides a variety of services usually including reception, breakfast, laundry, linen, swimming pool, jacuzzi, steam room, sauna and so forth.

The leaseback scheme enables you to purchase freehold a property which can earn you a guaranteed rental income. When leaseback schemes are sold, there is a pre-selected property management company to whom you "leaseback" your property for a period which usually ranges between 9 and 12 years.

Buy to let properties include off-plan as well as refurbished properties. It involves leasing the property to a permanent tenant and a property management company will look after your interests and will pay you an income on a monthly basis.

Off-plan property in France is attractive as the prices are much lower than the UK. Off-plan property is guaranteed to provide you with good value and locations and many of these developments guarantee rental income. There are over 30 developments to choose from throughout France.

A reversion property is a property purchased from a retired homeowner at a highly discounted price. The vendors release equity from their properties usually without moving out in order to receive additional income to supplement their pensions. The buyer pays an initial lump sum, which represents a small fraction of the property's market value as well as in most cases, a lifetime income called annuity. When the vendor passes away, the property reverts to the buyer.

Written by Janine B © Asset-Property.com

For Sale - Residence Janremon, Les Deux Alpes

France - Rhone-Alpes
Flat/Apartment,Ski

In a popular all year round resort, there is opportunity on a affordable free hold property.Les Duex Alps is situateed in the French Alps,
a popular holiday destination for those in France who enjoy to ski and relax in the surrounding natural beauty that one can enjoy from Les Duex Alps.These apartments have been located in a fantastic position with the ski lifts in close facility! With excellent benefits whether you may be on a summer or winter vacation...

Asking Price From 75,000.00 (EUR)

For Sale - Les Jardins De Saint Benoit

France - Languedoc-Roussillon
Flat/Apartment,House/Villa,Village House,New Build

Les Jardins De Saint Benoit is a selection of sought after town houses/villa's with exquisite gardens and a pool!
Les Jardins De Saint is a leaseback property in a resort development, this famous wine district offers sensational views
with hills and vineyards that surround Les Jardins De Saint Benoit.

Asking Price From 234,375.00 (EUR)