Navigating Rental Management and VAT Rebates for New-Build Ski Properties in the French Alps
At Domosno.com, we specialise in offering an extensive selection of new-build ski properties in the French Alps, tailored for both investment and enjoyment. As a sales company, we work closely with reputable rental management companies to help you maximize your investment. Additionally, we assist our clients in recovering the 20% VAT through a reputable accounting firm, ensuring you fully benefit from this significant financial advantage.
Apartments and chalets with a Spa/pool
Here’s how you can manage your ski property and take advantage of France’s VAT rebate programme:
The Benefits of Investing in New-Build Properties
Investing in new-build properties in the French Alps provides access to some of the world’s most picturesque ski destinations. It also offers unique financial advantages, notably the opportunity to reclaim 20% VAT on the purchase price. This incentive is designed to boost investment in tourism infrastructure.
Understanding the VAT Rebate Programme
Eligibility and Conditions:
- New-Build Requirement: Only new constructions qualify for the VAT rebate.
- Rental Commitment: Your property must be available for rental for a minimum of eight weeks per year.
- Service Provision: You must provide at least three out of four hotel-like services (breakfast, linen, cleaning, check-in) to your guests.
- Furnishing: The property must be fully furnished.
- Invoicing: Proper invoicing is crucial, which your partnered rental management company will handle.
- Long-Term Agreement: A contractual obligation with a rental management company for at least three years usually but many nowadays have yearly rolling contracts. Gone are the days of long 9-11-year rental agreements (French leasebacks).
Rental Management Dynamics
Partnering with Rental Management Companies:
- Professional Management: Our partnered companies manage everything from marketing to guest services, ensuring compliance with VAT rebate conditions.
- Marketing and Booking: They focus on promoting your property during peak times:
- Winter Peak (December to April), especially during Christmas, New Year, and February half-term holidays. These 4-6 weeks are the highest-return weeks.
- Summer opportunities are available in July and August, with good returns during the first two weeks of August.
Maximising Rental Returns:
- Price Strategically: Higher rates can be justified during peak demand periods.
- Year-Round Rental: Even outside peak seasons, there’s potential for rental income, balancing occupancy with profitability. With work-from-home, the off-season in the mountains can be an excellent idea.
Personal Use of Your Property:
- Owner’s Stay: You can use your property personally as you wish, but you will need to coordinate with your rental management company to make sure they are notified of your stays.
- Friends must be treated as paying guests and use the rental services provided to maintain eligibility for the VAT rebate.
VAT Refund Assistance
- Documentation: Your rental management partner will handle the necessary paperwork for VAT recovery.
- Professional Assistance: We collaborate with a reputable accounting firm that specialises in helping our clients reclaim the VAT. This firm ensures all legal and fiscal requirements are met, making the process seamless for you.
Investing in a new-build ski property through Domosno.com not only places you in one of Europe’s premier ski destinations but also opens up significant financial benefits through the VAT rebate scheme. With our assistance, including our partnership with a reputable accounting firm for VAT recovery, and our collaboration with trusted rental management companies, you can significantly enhance your investment’s return.
For more detailed advice or to explore our current listings, please visit domosno.com, where we can guide you through buying, managing, and enjoying your own slice of the French Alps.
