The French Leaseback
When Can I Sell My French Leaseback?
It is important to understand two things prior to selling your French Leaseback. The first is your VAT refund. Do you want to ensure your 20% VAT refund? To do so, it it important to own your property for at least 20 years as well as rent it to a tenant for the full duration of your ownership period while providing three of four special services listed below:
Room cleaning and maintenance
Providing linens for the tenant
Having a reception desk
Secondly, it is important to understand the goal and outlined points stated in your lease agreement. Rereading your contract is a good starting point to see if there are any restrictions or requirements before selling your leaseback. An example of a restriction could be between you and the management company you work with.
By reviewing these two things prior to selling your French leaseback, you will put yourself in solid standing before putting your property on the market. Even if you are in a rush to sell your property, it is important to review these two aspects.