Leaseback

Build-up of property assets with freehold benefiting from a privileged situation, in city centre or highly-rated holiday resorts

The costs involved during the lease period

The following is an outline of the costs involved during the lease period. It should be noted that they may vary from development to development and do not include income tax liabilities.
The « taxe foncière » is the land tax paid in France by owners. Averaging a cost of between 300 and 500 € per year for a studio or one bedroom apartment.
Accountant Fees: to prepare VAT declarations and keep accounts averaging a cost of between 300 - 500 Euros per year depending on the firm.
Frais de Syndic: these cover some of the insurance liabilities which are paid by property owners and costs vary from development to development.
Quote Part de frais des co-propriétés: Some property management firms will only pay part of the co-ownership charges and leave a part for the owner to pay. These are usually between 15 ? 20 ? per metre squared each year. Where this is applicable it is set out in the lease contract.