The most exciting French leaseback of the decade

Profile Europe (UK) Ltd now have pleasure in bringing to the market what can only be described as, the most exciting French leaseback scheme of the decade. Brimming with benefits, this is one opportunity that shrewd investors should not pass by.

Center Parks Moselle in France’s beautiful Lorraine region is the setting for this 9 year, 4.5% French leaseback deal with an amazing 104% mortgage package backed by two of the biggest names in European leisure property; Pierre & Vacances and Centerparcs Europe. The leaseback guarantees you an annual rental income of 3.5% to 4.5% (depending on the usage terms you decide upon) plus with an option to extend for another 9 years. Flexibility however, also allows you to sell on your freehold ownership complete with the leaseback intact at any stage, prior to or after completion and with no VAT penalties.

Martin Bowen, UK Sales Director of Profile Europe (UK) says, “Anticipation of this development is high and with that in mind we have cautiously predicted 10% capital appreciation per annum over the 9 year lease, however we expect in the early years that this figure will actually be considerably higher. A recent example was another Center Parcs holiday village where investors experienced capital appreciation of 15% to 20% between contract signing and completion. If you add to this that there are no maintenance costs, as CenterParcs Europe look after the full management of your property, including cleaning, maintenance, running repairs and even refurbishing your apartment, one can start to see just what a tremendous opportunity this really is”

It is also of major importance that under the French leaseback scheme, purchasers are able to claim back all the VAT paid on their property transaction and you are therefore entitled to a full refund.

Mortgages can be arranged through Profile Europe (UK) Ltd in association with Pierre & Vacances and their subsidiary, Athena Finance. Profile has negotiated a unique 104% LTV interest only mortgage package, to cover the usual stage payments during construction. However payments can be deferred until the property is complete and ready for letting.

Prices start from just £158,250.