An Introduction to French Leaseback – Guaranteed Rental Investment

Leaseback property has been around for 20 years in France. The scheme was first introduced by the French government to increase the quantity of quality holiday accommodation available in areas capable of attracting more tourists. Leaseback is not timeshare. Whilst owners are leasing back their property and may only have use of it at specified times of the year, the owner is the Freeholder of the property at all times. One aspect of French apartments which differs to apartments in the UK is that they are not leasehold. In fact, in France all the co-owners own a certain percentage of the copropriété (co-ownership) – the same as having a “share of the freehold” in the UK.