Where to find a BTL investor?Make Text Bigger
I am new to the forum and I may even be in the wrong place, but someone out there may be able to advise me or even help me find what I am looking for.
My wife and I are English professionals living in France. We own our house outright. Due to a change in our particular professions, we are shifting our work focus into new avenues; this is going well, but taking time. We would like to find a buyer for our three-bedroom property which has just gone onto the market for 85,000 euros, today’s equivalent of around £67,000, to re-capitalize, but would prefer to stay in our house as renters, so we are looking for a capital investor to buy the house and rent it back to us on an agreed lease of anything from 2 to 6 years.
The other important factor is that I am nearly 63, so entitled to a full UK pension in just over two years and my wife is 58. We have been married for 36 years and are both in good health. We have no children, so there are no inheritance issues, and we are the perfect renters in loving the house and its location.
The house is in good repair, is low maintenance with minimal land and would be ideal for someone wanting a base in France in a few years’ time as a drop in and out location, without the high cost of regular servicing. Alternatively it is a good family home in an active, vibrant small village with all amenities. We are based in the quietest and safest area of central France.
The current rental of a property of this type is around 450-500 euros per month and we would be happy to pay this over whatever period is agreed, with or without options to extend the agreed period. In other words, we are extremely flexible. We would be the perfect renters, being both respectful of other people’s property and we pay our bills on time.
We have had one interested party from Wales, who was moving to France and wanted a couple of rental houses to bring in income, but sadly her UK house has suffered a structural issue, putting her plans back until Spring of 2015.
We have good knowledge of the French housing market and its challenges, so we can guide any prospective buyer/landlord through “the hoops”.
Any advice/interest would be greatly appreciated.
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