An interesting new-build project with lease-back construction for investors is appearing in the heart of Mougins. This will become a service building with luxury quality apartments that are rented to active seniors. This growing audience rent this from the rental management company and can purchase additional services that make their life extra pleasant. The rental management company has an agreement with you, being the buyer of an apartment, for a period of 20 years guaranteeing you a fixed source of rental income.
This long-term investment with lease-back construction in new real estate in Mougins gives your savings for 20 years a guaranteed fixed return of 3.8%. The amount that comes from the rental is transferred to you every three months, is tax-free and is indexed annually. Even if it is not rented, you still receive your return every quarter. That’s a very good deal.
Mougins lease-back construction: 3.8% return on investment
This lease-back construction is extra interesting because you can buy the apartments without VAT. You can also choose to have it financed, with or without VAT. If you finance it with VAT, you can immediately reclaim the VAT on your purchase from the tax authorities provided you keep it in your real estate portfolio for only 20 years. If you want to sell it in the interim, you will pay 1% per year of the outstanding years to VAT.
Investment with a guaranteed rental yield
The best part of this lease-back construction and long-term investment on the Côte d’Azur is that you don’t have to look after it. For every other apartment that you want to use for seasonal rentals, you will have to do the management, maintenance, and repairs. And you might have a slow season. That is not the case with this lease-back project; the rental and maintenance are entirely taken care of for you. This also means that you can not use the apartment yourself; it is purely an investment with a fixed rental income. Do you leave your savings with the bank, or do you provide a smart fixed source of extra tax-free income over the next 20 years?
Lease back construction Mougins
What many people do is have their Mougins investment financed with VAT and then receive the VAT back and use this money again for another investment. There are therefore investors who buy multiple apartments; it gives you a nice financial return that is also TAX FREE. This rule is only applicable to new construction. We already thought you would find this interesting; therefore contact us for the brochure and more information! A tax specialist is available to give you specific answers to specific questions.
Prices lease back construction Mougins
1 bedroom apartment, 36.34 m2, terrace 5.7 incl parking. Price 270,825 ex VAT.
2 bedroom apartment, 67.34 m2, terrace 7.6 including parking. Price 340,736 ex VAT.
VAT back on your French Riviera purchase
Contact Ab and Jo at Living on the Côte d’Azur. We are the local reliable contact for people with an international lifestyle. Send an email to firstname.lastname@example.org or call +33 (0) 770186203. We are happy to show you the property! Living On The Côte d’Azur, real estate promoters since 2006 is a Dutch operated real estate consultancy for foreign people that want to buy real estate on the French Riviera. We are open seven days a week. If you register first with us, you can enjoy our additional services and support, free of charge.
Discover more Côte d’Azur real estate listings
Get the French Riviera real estate newsletter
We have full access to databases to select the best houses for sale in the South of France by the sea. Finding penthouses for sale on the Côte d’Azur, high-class French Riviera luxury properties for sale and unique projects for renovation has never been so easy. Your connection to Côte d’Azur real estate is created with one click. Well, two actually. It starts here.
More freebies: the lifestyle app
For all French Riviera fans, we offer a free mobile/tablet app for all Apple and Android phones. Enjoy daily news from the Côte d’Azur, new videos and streaming music from local radio stations like Radio Monaco, ABC Lounge and Frequency K. In short, this App brings the South of France in your hand. Download our French Riviera App in the App store or in the Google Play store.
This is the French Riviera
Searching to buy ‘something under the French Riviera sun’ but not sure of the precise area yet? Discover the small towns, medieval villages and buzzing hot spots here. Discover the characteristics of the most popular villages in the South of France