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What are the advantages of purchasing property with the leaseback scheme as opposed to buying outright residential property and renting out?

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What are the advantages of purchasing property with the leaseback scheme as opposed to buying outright residential property and renting out?

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Apart from the tax benefits (V.A.T. exoneration) there are the added advantages of not having to worry about any of the administration involved in letting (Finding clients, assuring rental payments, checking clients in and out, tat des lieux, damage indemnity, cleaning, maintenance, tax declarations etc. etc. The list is long.) Also your property is purchased fully furnished which eliminates the hassle of choosing, buying and constructing flat-packs. Instead of this unwanted workload you have a guaranteed annual return of between 4 & 6 % of your net investment depending on the development.

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