Leaseback - Introduction
"Leaseback" is an extremely popular option for investing in France, from studio apartments in coastal or ski resorts, through to luxury chateau and golf developments. Leaseback property or "Residence de Tourisme" was introduced in France over 20 years ago as a way of creating quality tourist accommodation for the world’s most popular tourist destination. Some 20 years on and France remains the world’s top tourist destination and the number of French and growing overseas investors that have benefitted from the Leaseback scheme has had a significant impact both on individual’s wealth creation and the tourism sector.
The Leaseback scheme allows investors to cover the major part of their mortgage repayments thanks to the rental income they receive and to benefit from a regular and secure source of supplementary income.