It ensures you retain legal ownership of your holiday home, even if it is on a plot that belongs to someone else. This provides extra security. <\/p>\n\n
You have purchased a recreational property on leased land. This means the land on which your chalet stands is owned by another party (often EuroParcs). The law stipulates that the owner of the land is automatically the legal owner of the buildings on it (such as recreational properties). <\/p>\n\n
By placing the recreational property on the plot, where it is presumed to remain permanently (for the longer term), accession applies. However, EuroParcs will never invoke this right of accession to claim your recreational property, not now nor in future. We attach great importance to providing you with that explicit clarity and security. You can use the property, rent it out, insure it, renovate it, demolish it, sell it, etc., (subject to the relevant (resort) conditions). <\/p>\n\n
The added value of a leasehold, in simple terms, is that it facilitates separation of legal ownership of the land and legal ownership of the buildings on it. With leasehold, you acquire legal ownership of the recreational property in addition to economic ownership. The leasehold is also registered in the Land Register, formalising your rights. <\/p>\n\n
A potential disadvantage of a leasehold is that you may pay additional charges.<\/p>\n\n
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