Introduction
Ramada Leaseback will be run as a luxury 5* hotel by the Ramada Hotel chain, part of The Wyndham Group. You will be investing in a Freehold apartment within the holiday hotel complex. The apartment will be leased back to the hotel company for a 9 year period, they will be responsible for renting out and maintaining your apartment. Joining the Colour Investments leaseback scheme has many benefits including a huge 19.6% VAT refund. The French Government introduced the leaseback scheme as an incentive to investors as a way of boosting tourism in France. Good news for our investors as we are able to secure fantastic deals like this. In year one of this leaseback deal ALL costs are covered including mortgage payments, notaire fees, broker fees, life insurance, council tax, local tax and external property maintenance. The hotel will be advertised worldwide through the Ramada website and feature in all of the top ski and general French holiday brochures. Years 2 to 9 we are offering a pooled rental income based on occupancy and sq. ft., giving our customers the best possible return. All apartments come complete with a luxury furniture package. You as an investor will receive 2 weeks free accommodation for each year of the 9 year lease along with a VIP member’s card. This will allow you to also enjoy your investment as it grows in value. Planning permission has been fully passed and the developer is in collaboration with the local council to provide conservation for the historic building, as well as providing a unique investment opportunity for our valued customers. |