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lundi, 26 juillet 2010 14:39

Leaseback investments in French residences : welcome to the banana republic

This note will be helpful for the victims of unfortunate real estate investments in France.

It is the translation of a note already published in French.

I know that many Irish and English people have bought one or several apartments in a French "residence hôtelière" and now they are meeting many difficulties. Welcome in the French "république bananière".

You have been promised high annual rental returns. But instead you have to deal with unpaid rents. What to do in such a case?

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