Welcome to Leaseback Resales!You've discovered the only site on the internet dedicated to French leaseback resales. Whether it’s you are a first time leaseback investor or, like 30% of our clients, you are building a portfolio of leasebacks, there is a lot of interest in pre-owned leasebacks which we are happy to locate for you. Favourite areas seem to be the Alps and the Cote D’Azur. How To Use This SiteIt's simple - properties are listed from lowest to highest price. When you find something of interest, just fill in the enquiry form and we'll put you in touch with the vendor. Free ReportIf you are new to the concept of French leaseback property, don't worry. Everything is explained in a free report that we'll send you by email when you make an enquiry.
5 Factors To Consider With Leaseback ResalesThere are five main factors that you need to be aware of when looking at resale leasebacks: 1. If the property is more than five years old you will pay around 7% notaire fees when you buy rather than the 3.5% which is typical for a new build leaseback. 2. You will be buying direct from a private owner so the good news is that there’s room for negotiation on the asking price. The bad news is that you are subject to the whims of the seller who may dither, may not speak English or may generally be hard to pin down. Sometimes there is an agent involved who can prove more proactive. 3. You will be taking over the vendor’s existing lease, so you need to check the remaining length of the lease, the rental guarantee and the personal usage option that they are tied into. 4. The mortgage criteria used by the French banks can be different on a resale so you may be offered a lower Loan To Value ratio than with a new development. 5. You will need to check out the status of the management company so that you are comfortable with the strength of their guarantee on rental payments. One or two smaller companies have got into difficulties during the credit crunch so talk to other owners and do some research on the company that will be looking after your property. Section 1 - Up to €200,000
Chamonix – Le Grepon studio delivering 3.9% at just €67,500.This 18.5m2 studio in the world famous resort of Chamonix returns €2632.50 per annum. It is an extremely affordable investment at only €67,500 with a net yield of 3.9%. Residence Le Grepon is located in the district of Chamonix Sud. It is 600m from the centre with all the amenities close to hand and the ski bus stop is only 100m away. Ref CH12 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
SOLD June 2010Alpe D'Huez - Ours Blanc Studio delivering a 4.75% net yieldThis studio is 23m2 and is under market value as the seller wants a quick sale. Hence the yield being so attractive at 4.75%. The asking price is a humble € 82,500 and the rent that it generates is € 3917 per annum. Not bad if you consider that this chalet has a season that lasts 4 months. Ref: AD06 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Calvisson, Languedoc - Delightful cottage with lots of personal useA delightful 34 square metre cottage with 40 square metres of private garden in the Languedoc-Roussillon region near Montpellier in the South of France. The property includes a large living/dining area, a good size master bedroom and a family bathroom. The residence Le Mas Des Vignes boasts a superb outdoor pool, heated indoor pool bar, restaurant, shop and childrens play areas. Built in 2007, the property is leased unitil 2019 with a rental income of €2100 pa and extensive personal usage outside of July and August. Price: €85,000 Rental Income : €2100 Ref: CALV 110 Call 020 8940 7000 or fill in the enquiry form at the bottom of the page.
Grimaud, Nr St TropezThis 23 square metre studio has a rental yield of 4.2% and its lease is up for renewak in September this year which means you can re-negotiate the usage and rental income.
Yield: 4.2% Price: €120,000
Ref: GR1103 Call 020 8940 7000 or fill in the enquiry form at the bottom of the page.
Les Issambres, Cote D'AzurA 22.24 square metre studio in this sunny resort in the South of France. Yield: 3.8% Price: €120,000 Ref: ISS306 Call 020 8940 7000 or fill in the enquiry form at the bottom of the page.
Cannes Verrerie, Cote D'AzurA 23.5 square metre studio in this popular Maeva resort in the heart of Cannes. Yield not currently known. Price €130,000 Ref: CV742 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
SOLD JUNE 2010Cannes Verrerie, Cote D'AzurA 25.2 square metre 1 bed apartment in this popular Maeva resort in the heart of Cannes. Yield: 2.95%. Price €130,000 Ref: CV123 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Cap Esterel, Cote D'AzurThis 28.12 square metre studio offers a great view and a very solid yield at a highly affordable price. Yield: 3.52% Price: €138,000 Ref: EST5205 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
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Les Issambres (Nr St Tropez)A superb 32.5 square metre ground floor one bedroom apartment in this pretty coastal development between Cannes and St Tropez. The yield is 3.5% and the price is just €145,500 Ref: ISS501 Call 020 8940 7000 or fill in the Enquiry Form on this page.
Les Issambres (Nr St Tropez)UNDER OFFER 29th JuneA delightful 29 square metre 1 bedroom apartment in this beautiful development near St Tropez. Look at the view from your balcony! The yield is 3.9% and the price is just €165,000 Ref: ISS2202 Call 020 8940 7000 or fill in the enquiry form on this page.
Paris - Portes De VersaillesUNDER OFFER 29th May 2010A 28.5 square metre suite in this chic Parisian aparthotel. The yield is 3.82% and the price of €169,930 includes planned refurbishment costs. Ref: P de V 205 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
SOLD JUNE 2010Val Thorens – Le Tikal 1 bedroom delivering a 4.5% net yield.This 35.8m2 apartment in the sought after 3 Valleys area costs €170,000. It has fantastic returns for a ski property at €7650 per annum with a net yield of 4.5%. It would be very hard to find a return as high in such a popular resort. Ref: VT07 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Paris - Portes De VersaillesA 28.5 square metre studio suite in this chic Parisian aparthotel. The yield is 3% and the price is €175,000. Ref: P de V 315 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Cannes Verrerie, Cote D'AzurUNDER OFFER 10th MAY 2010A development that rarely comes to the market, this Maeva residence is a very popular tourist destination. We have a small number of previously owned leasebacks available from their current owners. This 26.4 square metre one-bedroom apartment offers a yield of 3.62% and is priced at €186,000. Ref: CV232 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Section 2 - Over €200,000
Les Restanques (Nr St Tropez)This 42 square metre two bedroom apartment is in a great location and offers a very good yield for a property of this location and size. Yield: 4.2% Price: €205,000 Ref: RES1004 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Paris Portes De VersaillesA 34.1 square metre one bedroom apartment in this landmark building in a superb Parisian location. Price: €220,000. Yield: 3.18% Ref: P de V 425 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Plan Peisey, French AlpsLocated in Plan Peisey at the heart of the Paradiski area, this attractive apartment has 44 square metres of living space comprising a kitchen/lounge, 2 bedrooms, bathroom & separate toilet. There is a ski locker & 5 square metre balcony that has fabulous views across the Vanoise & Bellecôte massif. Leased Until : 2016 Rental Income: €8,300 per annum Personal Use: 2 weeks Price: €225,000 Yield: 3.68% Reference: PAI 301 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Les Carroz D'Araches - South Facing 2 Bed Ski ApartmentThis delightful 44 square metre 2 bedroom, six person ski apartment is located in the Fermes Du Soleil development at Les Carroz D'Araches near Chamonix. Leased with the sector leader, Pierre Et Vacances, until 2014, the owner will inherit one high season and one mid season week along with €2483 guaranteed rent and a further €1396 if you don't take the personal use. Just half a mile from the 300 km slopes of the Grand Massif. The apartment is in the middle ground floor balcony in this South facing block. It comprises a living room/kitchen, a double bedroom with ensuite shower, a twin with corridor window and a family bathroom. Price: €230,000 Lease: To January 2014 Ref: CARR07 Please call 020 8940 7000 or complete the enquiry form below.
Alpe D’Huez – Ours Blanc 2 bedroom delivering a 3.8% net yieldThis 2 bedroom apartment is 52m2 which is very spacious for an apartment in such a renowned ski resort. As well as its fabulous size, it is also returning €10,450 per annum. The asking price for this property is €275,000. AD09 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
Morillon - Detached ChaletThis charming leaseback chalet is a great investment opportunity with a guaranteed return of almost 12.000 € per year. Its has 3 bedrooms and is situated in Morillon in the beautiful Giffre valley. Constructed in 2005 by Nemea, it is managed by Actiim and provides flexible personal use as well as a strong rental guarantee. This chalet is part of a complex with well maintained communal gardens and also a gym and an indoor heated swimming pool and sauna which owners can use for free. Yield: 3.98% Leased Until: December 2014 Price: €295,000 Ref: MOR011 Please call 020 8940 7000 or fill in the enquiry form below for more details.
La Plagne – Néréides 2/3 bedroom apartment delivering a 3.7% net yield.This well-sized apartment in the Paradiski domain returns €13875 per annum. The 65.5m2 apartment costs €375,000 with a net yield of 3.7%. Ref: LP11 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
L'Aiglon De Morzine - luxury 3-bed apartment.This fantastic new apartment is ideally located within 5 minutes walk of the centre of Morzine, the year round Alpine holiday destination in the Portes du Soleil region with an abundance of shops, restaurants, sports facilities. It is fully furnished and benefits from a wide and long, south-facing balcony with stunning views of the pistes and mountains. Year Built: 2008 Floor: First with lift. Parking: Underground garage Floor Space: 80m² Three full size bedrooms - sleeps 9 Two en-suite shower rooms and a full size bathroom with wheelchair access and an additional separate WC. Very high standard of furniture and equipment.
Residence L’Aiglon has a co-ownership management company owned and operated by the 12 shareholder/apartment owners and employs a professional manager for the seasons. A successful rental operation has been put in place using Erna Low to generate revenue to cover all property costs for owners and to return further funds to owners. In the current season over 5000 euros was retuned over and above running costs. The agreement allows two high season weeks of personal use, plus heavily discounted additional weeks. Price: €610,000 Lease: To September 2018 Ref: MORZ017 Call 020 8940 7000 or fill in the enquiry form at the bottom of this page.
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