REAL ESTATE SALE AND LEASEBACK

It concerns whole buildings or separate parts thereof, which are used in the process of business activity of the lessee.
Upon submission of a complete folder with the required material concerning the company / business and the real estate, fast and flexible procedures are followed for credit assessment.
Financing of up to 100% of the assessed value of the real estate property.
No property transfer tax or surplus value tax is due.
Other costs (notary, legal, mortgage registry) are either paid in advance or capitalized and paid over a five year period.
Lease contract duration of 10 years minimum. Lease payments are usually monthly.
Transfer of the property at the end of the leasing contract for an amount corresponding to the value of the corresponding building plot. No property transfer tax is due.

ADVANTAGES

Possibility of financing of up to 100% of the assessed value of the real estate property, compared to 70% - 80% in the case of bank lending.
Lease payment that compares favorably with rental payment.
The part of the lease payments corresponding to the building ratio is tax deductible.
Ability to service the lease payments by using productively the premises.
Release of capital that had been tied up in fixed assets and improvement of liquidity.
The lease payments are exempted from VAT (19%) or stamp duty (3,6%).
Improvement of the balance sheet picture.
The sale and leaseback is best suited for companies with a high level of fixed assets, high profitability and / or need balance sheet restructuring.