Sextant France, part of the Sextant Group, is a fully registered estate agency in France. This is important as all real estate agencies in France are highly regulated, inspected & have to provide proof of liability insurance, insurance for clients’ deposits and work to strictly laid down legislation.
Le coin du LMNP is the Investment arm of Sextant group and target French investors who are keen to buy French leasebacks. Over the past few years we have gain experience in Leaseback resales and have the know how of this particular sale process as there are numerous pitfalls with those technical sales due to the lease contract.
Selling your French Leaseback through us is an easy process. If you are interested in selling your property through us, please send us a message with your contact details by filling in this form:
Receive a free property valuation with no obligation:
FAQs we have from leaseback sellers:
1. Can I sell my French leaseback property before the lease expires?
Yes, you can sell your French leaseback property before the lease term ends. However, the new buyer must agree to take over the existing lease contract, including the rental obligations with the management company.
2. How is the resale price of my leaseback property determined?
The market price depends on various factors, including location, remaining lease duration, rental income, and the financial stability of the management company. Our team will provide a professional valuation based on current market trends.
3. Are there any penalties for selling my leaseback property?
Selling a leaseback property may have financial implications, such as potential VAT repayment if the sale occurs within the first 20 years. We can advise on any tax considerations to help you plan accordingly.
4. How long does it take to sell a French leaseback?
The timeframe varies based on demand and the condition of the lease contract. On average, leaseback sales take between 3 to 6 months, but properties in prime locations with stable rental income may sell faster.
5. Do I need to inform the management company before selling?
Yes, most leaseback contracts require the seller to notify the management company, as they may have a right of first refusal (priority to buy). We can assist in handling the communication process.
6. Can international buyers purchase my leaseback property?
Yes, leaseback properties attract both French and international investors. Our platform, **Le Coin du LMNP**, actively markets to French investors, increasing the chances of a quicker sale.
7. What documents do I need to sell my leaseback property?
To proceed with the sale, you will typically need:
– A copy of your lease contract
– Proof of property ownership (Title Deed)
– Rental payment history
– Latest co-ownership charges and tax documents
Our team will guide you through the necessary paperwork.
8. What are the costs involved in selling a leaseback property?
Typical costs include notary fees, agency commission, and potential VAT adjustments. We provide transparent details on all selling costs upfront.
9. What makes Sextant different from other estate agencies?
With years of expertise in the French leaseback market, Sextant France and Le Coin du LMNP offer specialized knowledge, a dedicated network of investors, and full legal compliance to ensure a smooth and secure selling process.
10. How do I get started with selling my French leaseback?
Simply complete the form above, and our team will get in touch to discuss your property and provide a free valuation.
