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French Buyers' Info
Property Types in France
Property Restrictions for Foreigners
Purchase Process and Costs
Advantages of Buying a Newbuild Property
Buying Off-Plan
VAT Rebate for Rented Properties
Mortgages
Buying in the Name of a Company
Rental Income and Running Costs
Investment and Selling
Annual Property Taxes
Staying in France and French Residency
Can I cancel the lease of my French property?
Yes, you can cancel at any time but you would have to pay back a part of the VAT / TVA you saved. The VAT you can reclaim is 20% and this is amortised over 20 years so if you decide after 10 years that you wish to cancel the lease and keep the property for your exclusive use you would pay back half the tax you saved.
When you come to sell your property you the buyer may choose to carry on the rental arrangement or pay back part of the VAT and keep the property for their own exclusive use.
Information correct as of 1st January 2024. This may change as rules and regulations change often, so please contact us directly if you have any specific enquiries.
When you come to sell your property you the buyer may choose to carry on the rental arrangement or pay back part of the VAT and keep the property for their own exclusive use.
Information correct as of 1st January 2024. This may change as rules and regulations change often, so please contact us directly if you have any specific enquiries.
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