Free Advice On French Lease Back Property

French leaseback property, also known as LMNP, for lou meubl non-professionel, was introduced in the early 1980’s by the French government to increase the quantity of holiday accommodation available. French leaseback investment property French leaseback property is principally bought for investment purposes and is a relatively low-risk, hassle-free, long-term, steady rental income investment that receives substantial tax benefits. Put simply, it is a guaranteed rental income scheme. Leaseback property, which is freehold, is leased back’ to a pre-selected property management company for a fixed term, usually between nine and 11 years, but which can extend to 18 years from inception.

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