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Leaseback
Description Page Achat-Residence-Tourisme
You are looking to invest in a quality rental property located in a purpose built resort (called a «Résidence de Tourisme» in French) in accordance with the current tax rules. Your property will be managed for you, ensuring contractually guaranteed income. And you can enjoy your property for several weeks each year!
Content Achat residence tourisme
5 easy steps to realising your project:
1Contact BNP Paribas International Buyers
Discuss your project with your personal multilingual mortgage advisor and develop your financial plan together or find out exactly how much you can borrow using our quote request page . You will then receive a detailed quote based on the information that you have provided.
2Find your property
Make sure you have made the right choice. To obtain leaseback financing from BNP Paribas International Buyers and fully benefit from this scheme, the property you wish to invest in must be a new build, or it must be in the process of being built. In addition, the programme must be one that has been approved by BNP Paribas International Buyers’ risk department.
3 Sign the preliminary sales agreement and appoint a notary
Once you have signed the reservation contract, no-one else can buy the property you have chosen. You also have 10 days to change your mind if you wish to do so. Be sure to check that the agreement is subject to mortgage acceptance. By doing so you will ensure that you do not lose your deposit if your mortgage application is refused.
4Submit your mortgage application
Return the completed mortgage application forms and supporting documents to your BNP Paribas International Buyers personal mortgage adviser. Once your application has been approved we will send you your mortgage offer and simultaneously send a copy to the notary. By law, you must wait at least 10 days before accepting the mortgage offer.
5Completion
In France, completion may take in general from 6 to 12 months from the moment you sign the reservation contract to the moment you sign the final deed of sale.
Your notary requests the mortgage funds from us and prepares the deed for your signature.
Achat propriete existante bottom content
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.