French leaseback doubts

We just felt in ours if the French were sure they could provide Guarantted rental on 300+ properties (it does not look like half that amount as very well laid out!) we would have no problem renting our one out as leasebacks tend to be in good areas with good rental potential, also if they are providing this guarantee for at least 9 years well then they will keep the site v well which most definitely is happening. The fact we did not pay the VAT meant we could buy a bigger house than outside the leaseback scheme.
 
johnnycash said:
Thanks for the replies. Some interesting points there. Interesting that neither of you purchased a (100%) leaseback property.
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Leaseback may be ideal for some, but we chose to purchase independently as we didn't like the restrictions imposed i.e. you can only use the property yourself for 2 (or a few) weeks a year. We wanted to use it a couple of times a year ourselves and to have the option to let family and friends stay there.

And, as bacchus IMHO so correctly put it:


There's a lengthy, but very interesting, thread here you might like to read on French leaseback schemes.
 
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