Glossary 

 

Our glossary defines frequently used mortgage terms. Click on one of the following letters of the alphabet to locate a specific term on this page.

Leaseback

France receives more visitors than any other country in the world and the French themselves often rent properties for their holidays.
In order for them to have somewhere to stay and to boost the French tourist industry, the government gives incentives to those who are prepared to invest in quality rental properties (called “Résidences de Tourisme”). They are available in many parts of France, including Paris, Normandy, Brittany, the Alps and the Côte d’Azur.
If you are seeking to invest in quality rental property found in resorts called “Résidences de
Tourisme”, the benefits are more than enticing. Not only will your property be managed for you, ensuring contractually guaranteed income; you will also benefit from a full VAT refund on the investment. And what’s more, you can enjoy your property for several weeks each year!
If this type of investment is for you, BNP Paribas International Buyers will find the financial solution best adapted to your project. We have an approval process for development programmes which is an assurance of quality and means more security for you.
 

BNP Paribas International Buyers is a business line of BNP Paribas Personal Finance.
BNP Paribas Personal Finance - Credit institution – Société Anonyme incorporated under French law with a share capital of 453 225 976 euros - 542 097 902 RCS Paris -
Head office: 1 bd Haussmann, 75009 PARIS Insurance Intermediary (N° ORIAS : 07 023 128) Insurer(s): Cardif Assurances