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Investing in French PropertyIf you are looking to invest in France it is definitely worth considering purchasing a property giving you a guaranteed rental. Plerimond offers an interesting selection of properties where a guaranteed rental is offered by a rental management company on a three year rental. Buy To Let - Guaranteed Rental French properties are available with rental returns of approximately between 3.8% - 5.5% guaranteed. Plerimond will find a tenant and collect rents etc. The property is let furnished or unfurnished. The guarantee will provide that should the property not be let. or rent not be paid. you will still receive the rental quoted to you. The rental is also index linked. What happens when the Lease Term is Complete If you wish your tenant to leave at the end of the 3 year term you must write to give him notice 6 months prior to the end of the agreement and you can then use it for your own purposes or sell. If the tenant wishes to leave before the end of his tenancy he can give 3 months notice at any time. and if you wish to relet Plerimond can do this for you. but in the event that you have a void. your guaranteed rent will be paid. Alternatively. you can take the property for your own use at that time. After each three year lease is over you can renew with the management company for a further period of three years if you wish. A deposit from the tenant is held by the management agency against dilapidations. Don't hesitate to contact us for further information |
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