21/ Good reasons for not selling even after the twenty years is up
Most French investors do not think of selling their property even after the mortgage is paid off.
Leaseback is really nothing other than a self-invested pension scheme. The income from the property, which continues to be taxed under a very advantageous regime, even once the mortgage is paid back, will provide a very welcome supplementary income for its beneficiaries, and sometimes also the added advantage of a free holiday home for friends and family.