It seems that many of us refuse to be dragged down by the doom mongers and the media.
In their latest survey Worldwide Property Group report that 72% of people believe property is the best investment, with gold second on just 16% and shares in a poor third place on just 11%.
64% of those polled thought that now is 'a great opportunity to invest in overseas property', with France being in the top 3 countries most favoured. Historically low interest rates add to the usual attractions of scenery, cuisine, outdoor pursuits and culture to make a compelling case for French property.
I know I'm biased but leasebacks give you a way of exploiting this opportunity in the most tax efficient way and with the least amount of hassle. Starting with a 19.6% tax rebate, add in generous offsets against rental income, up to 100% mortgages, guaranteed rental income and someone else doing all the work.
Sorry, once I get on my soapbox I can't stop...
But it won't be this good forever. Interest rates have definitely bottomed out and are starting to rise. Competition from international investors is adding to demand especially in the most sought after locations. And while there are more projects around than there were two years ago, the best projects are still selling out within a matter of weeks.
That's where we come in - once we find the right place for you we can take an option on it while you have a think.
So why not make 2011 the year you take the plunge and add a French leaseback to your portfolio?
PS Sorry about the recent lack of blog posts - I've been locked in a room finishing my book but now it's done so I can get back to all the things I've been neglecting...
All the best
Graham
