Buy to Let Properties

The "Buy to Let" concept

The "Buy to Let" is a classic property purchase scenario wherein once the buyer has purchased the property, he/she leases the property to a permanent tenant and appoints a "property management company" to look after their interests and collect rent on a monthly basis.

"Buy to Let" - features & benefits:

• The key difference between a classic "Buy to Let" and a "Leaseback" investment contract is that in the case of the "buy to let" the property is let out to permanent residents as opposed to seasonal holiday-makers for leaseback properties.
• There are no free weeks or personal usage permitted during the lease term; it is however possible to live in the property for an unlimited time once the lease has expired.
• In a "Buy to Let" there is no furniture to buy as the apartments are let to tenants unfurnished.
• "Buy to Let" contracts offer flexible contract terms compared to "Leasebacks", with the possibility of severing the contract with the "management company" at any time.
• Purchase prices of "Buy to Let" properties do not include VAT; no VAT is therefore eligible to be reimbursed to the investor as in the case of "Leasebacks". The "Buy to Let" properties currently on offer by Axis Property Consultants are both newly built and pre-owned dwellings. They are located in areas offering both strong capital appreciation and healthy rental returns.

The lease period

The duration of a "Buy to Let" lease is normally three years. Once the owner has signed a lease with a tenant there is little chance of recovering the apartment for personal usage.

The Rental Return

The average annual gross rental yield on a "Buy to Let" is circa 4-5% before costs. The figures can fluctuate from area to area.

Buy to Let' apartments in Paris

Location, Location, Location! As a property investor, the key success factors when choosing an investment are:

• Location
• Price
• Rental Income
• Long term Resale Value

"Buy to Let" in Paris - a worthwhile investment!

The purchase of property is an attractive proposition in an area where there are low property prices, reasonable rental yields, trouble free rental management and strong capital gains potential. Many property investment opportunities in Paris currently fulfill these criteria.

Mortgages for foreigners who wish to invest in Paris

Axis Property Consultants via its network of international banking partners can secure financing on your behalf of approximately 85% of the purchase value of the property concerned. All banks involved in the process specialize in French mortgage services to non-residents and offer multi lingual services.

The role of Axis Property Consultants in helping clients

• Axis Property Consultants in association with its licensed real estate partners are constantly researching the market for investment opportunities in Paris and the South of France.
• Axis Property Consultants add value by sourcing attractive 'buy to let' property investments for their clients. The aim of the company is to provide tailor-made solutions for international property investors.

Contact Axis Property Consultants for a preliminary meeting or discussion.

go to BUYING PROCESS