English
FrançaisCote d'Azur complex gets new lease of life - The Irish Timeswww.irishtimes.com/.../cote-d-azur-complex-gets-new-lease-of-life-1.25...
Some useful contacts:
Solicitor Tom McGrath at
www.webcei.com (CEI)
Fiscal counsellor, French Embassy, London
0044 207 8319048 (available to public Tuesday and Thursdays from 2pm-4pm)
I merely pass information-from the Irish Times newspaper
This isn't a good news story, given the price of the apartments €5k rent is pitiful. There are no good news stories in Leaseback...it is simply a scam like timeshare.
Hi
I think that is really the same ....no rent for months or years . Then forced to take a lower rent , then value of property drops 50-75% ......only difference is that maybe the owners will be able to understand what is going on as will be in English but apart from that sounds the same old story . Owners should be allowed to sell their properties for what they want if the management company goes bust ....they broke the agreement ....not us . They should be the ones to have to pay back the VAT etc., as they broke the contract ....why is this not possible ? Why do they have no peanalites from the French Government ???? This is all a very one sided contract.
carol