Leaseback ‘popular with ski investors’

July 31, 2007 at 12:07 am · Filed under French Property

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French leaseback property is particularly popular with Brits who are investing in ski resorts, one expert has claimed.

Ewan McGarrie, chief executive of Property Investment.co.uk, said that the scheme was becoming increasingly attractive to those who were buying on the slopes - particularly in France.


Guaranteed rental income


French leaseback provides the owner with a guaranteed rental income by leasing the property back to a management company who will let it at an agreed rent. In general, the initial lease is for nine to 11 years.

Mr McGarrie said of leaseback: "That’s getting a very popular choice for people because the property is managed …

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