26 Sept 2008

French Leasebacks at the NEC A Place in The Sun Show

There were the obvious investments about again for those of us who often go to these shows.There were fewer stalls, but enough punters to mean you had to queue for a coffee. Taylor Woodrow were slashing the prices of their Spanish property. The Dubai offers were tempting as usual. The Argentina wine region of Mendoza was as off plan as it could be, and very interesting.

But for closer to home, and for the fainthearted, and the highlight of my day was the French leaseback at Evian-les-bains. Having spent a night at the Casino in Evian-Les-Bains for my 36th Birthday I can recommend it. Its a very exclusive and beautiful destination on the shores of Lake Geneva and at the foot of the Alps. The Highlights of the offer are these;
Leaseback rental of up to 4.5% for 11 years, 11 months
Developer pays the VAT, meaning a very low deposit
Fixed Euro mortgagerates available (subject to status)
Fully furnished, Fully maintained and Fully managed
Flexible personal usage packages available Freehold Purchase.

France has not always been the first choice of the British Property Investor, but scare stories about Spain, overdevelopment in other favourite destinations like Bulgaria and the Algarve may mean you need to look at your old age pension a bit differently; If you are prepared to be in it for the long term this is pretty close to a sure thing.