Buy to Let

France is not well known for its Buy to Let property – but more for the opportunity to buy a château or convert an old barn in some rural location.

However, it does have a thriving BUY TO LET sector which is much encouraged by the various governmental incentives. Based on this we have a number of projects to offer in the Northern part of France, in and around Normandy and Brittany.

Here, all you need is to invest 20% of a brand new off plan property and then via a special scheme it is rented to "key workers" (teachers, nurses, police and firemen) who the government is keen to attract and retain in these areas. The rental is covered by an insurance policy so you have no voids, your 20% deposit is held by a bank who will lend you 100% of the purchase price.

To encourage you, the government will give you 9 years of paying no income tax on the rental and at year 10 it is logical to consider selling the property to access the capital growth. The returns are spectacular and using only a 5% growth per year you can expect to achieve over 350% growth upon selling the property (actual figures vary based on age, costs etc).

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