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Leaseback ?

The Leaseback scheme was introduced by the French government to stimulate tourism in France by increasing the quantity of quality holiday accommodation available in areas capable of attracting more tourists. There is a guaranteed rental scheme, tax advantages, and owners have a choice of periods they can occupy the property. Leaseback is extremely popular with French investors who account for the majority of all purchases. Normally the "lease" lasts 9 years at which time you can renew it, or take full possession.

The difference between timeshare and leaseback is that the "leaseback" owner owns 100% of the freehold from the time of purchase.

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