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Leaseback acquisition without holidays

A hassle free investment with a higher guaranteed rent and VAT rebate.

Thanks to a leaseback investment without holidays:

You become the freehold owner of a top-class furnished property.

You are guaranteed an indexed rent net of maintenance and management charges, excluding property tax

You are reimbursed the VAT at time of acquisition.

You have no management worries: no maintenance, search for tenants, unpaid bills.

You can holiday in your property or numerous other Pierre & Vacances resorts at preferential rates.

You become the freehold owner of a top-class furnished property.

- You become the freehold owner of a furnished property and sign a nine-year leaseback agreement with Pierre & Vacances, renewable for a second 9 year term. In Spain, the leaseback agreement is ten years, renewable once.

You are guaranteed an indexed rent net of maintenance and management charges, excluding property tax.

- Pierre & Vacances, the leading French property leaseback specialist, takes care of your home, all maintenance and hassle and guarantees you a net return on your property for up to 18 years. The Leaseback agreement in Spain is ten years, renewable once, so P&V actually guarantees you net return for up to 20 years.

- This return is net of maintenance and management charges. It's index-linked to the IRL in France (rent increase rate), to the cost of construction in Italy and to the CPI (Consumer Pricing Index) in Spain. So, each year, your yield should actually increase, making it easier for you to repay your mortgage.

You are reimbursed the VAT at time of acquisition.

- When you invest in a Residence de Tourisme in France, the government reimburses you the VAT on your property over a 20 year period. This scheme was created in the 1970's to encourage professionally managed buy to let investments in order to promote tourism and has been working since. You benefit from the same VAT rebate on Spanish properties, but with a 10 year amortisation period.

- Instead of claiming the VAT rebate from the tax authorities over a 20 year period, Pierre & Vacances pre-finances it for you, thus reducing the amount of capital necessary to buy your property. This results in a significant savings on the purchase price.

- You therefore actually pay a VAT-free price for a property that the market values at VAT inclusive prices. Simply stated, you save up to 19.6%.

You have no management worries: no maintenance, search for tenants, unpaid bills.

- Once you become the freeholder of your property, you sign a management agreement with Pierre & Vacances, which becomes your exclusive tenant. In exchange, Pierre & Vacances guarantees your annual rental payments.

- You have no worries about day-to-day management responsibilities: no need to look for tenants or pay an intermediary, pay utilities, deal with maintenance issues, search and pay for insurance, etc.

- You are not exposed to fluctuations in the tourist market as returns are guaranteed irrespective of occupancy.

- There are no excessive administrative constraints.

- Pierre & Vacances is responsible for the maintenance and the management of your property, so you will have none of the hassles typically associated with property ownership and, at the same time, you can rest assured that your property is being looked after by the European leader in the development and management of holiday properties.

You can holiday in your property or numerous other P&V resorts at preferential rates.

- As an owner, Pierre & Vacances offers you reduced rates on over 200 destinations. A dedicated, efficient team is at your disposal to answer your enquiries and meet all your expectations.