What are the drawbacks of buying a leaseback property?
Firstly, there are a limited amount of leasebacks being built at any one time, also the French market has been buying leasebacks for the last 20 years and so are already very aware of what an interesting investment this is. To reserve a top quality leaseback apartment, one has to be ready to move very quickly It is important to realize that although the property is yours and you are the free hold owner, you will be bound by the terms of the contract.
Related Questions
- What are the disadvantages of purchasing property with the leaseback scheme as opposed to buying outright residential property and renting out?
- What are the advantages of purchasing property with the leaseback scheme as opposed to buying outright residential property and renting out?
- What are the drawbacks of buying a leaseback property?
