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
to boost employment and tourism by providing rental
homes for both French and foreign tourists.
You buy leaseback properties on the condition that
you then lease it back to the developer or letting agent.
But you 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.
RHÔNE-ALPES
Cosy flat with balcony in ski resort €135,000

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.
PARIS
Pied-à-terre in the capital €80,000

This development comprises a
selection of studios and onebedroom
apartments, released by
a first-class developer and
connected to inner Paris by the
well-organised urban train
network.
The block is ideally located in a
quiet area and perfectly adapted
to the needs of professionals on
business trips as well as students.
Montreuil is one of the most upand-
coming suburbs of Paris and
is only 4.1 miles from the centre
of the city.
LANGUEDOC-ROUSSILLON
Garden apartments near Montpellier €180,365

In the historical centre of Grau-le-Roi, near the seaside resort
of Port-la-Camargue, Cap Med is a high-quality residence. The
apartments are fully furnished, close to all amenities and the
beautiful landscapes of the Camargue. Tenants will benefit
from the swimming pool, their own gardens or large terraces.
Apartment living space ranges from 33.75m2 to 50.95m2.
PROVENCE-ALPES-CÔTE D’AZUR
Luxury on the Riviera €460,714

The residence offers
the ultimate in
luxury combining
the intimacy of a
boutique hotel and
5-star hotel service:
multi-lingual staff,
babysitting/crèche
facilities ,
underground valet
parking and a
concierge who will
arrange everything
from yacht chartering, restaurant bookings and airport pick-up
to personal shopping. The comfort extends into your private
apartment, with luxury beds with massage function, jacuzzi,
power showers, HD TV and DVD.
Golf, beach and spa on the Riviera €299,426

This leaseback property 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.
For more information about these properties see:
www.frenchpropertylinks.com/take5
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