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French Buyers' Info

  • France
  • Switzerland
  • Austria

Property Restrictions for Foreigners

Advantages of Buying a Newbuild Property

Can I cancel the lease?

Yes, you can cancel at any time but you would have to pay back a part of the VAT / TVA you saved. The VAT you can reclaim is 20% and this is amortised over 20 years so if you decide after 10 years that you wish to cancel the lease and keep the property for your exclusive use you would pay back half the tax you saved.

When you come to sell your property you the buyer may choose to carry on the rental arrangement or pay back part of the VAT and keep the property for their own exclusive use.