Description
Did you know that it is possible, under certain conditions, to recover the 20% VAT paid when purchasing a new-build property?
Whether you purchase a villa or an apartment within one of our developments, this scheme can enable you to significantly reduce the actual cost of your acquisition if you choose to operate your property as a furnished para-hotel rental.
In practical terms, if you offer your property for seasonal rental while complying with the conditions set out in the regulations, you may be eligible to recover the VAT paid at the time of purchase.
VAT recovery is subject to specific tax rules. It requires, in particular, that the property be operated as a para-hotel activity and that certain services be provided to tenants, in accordance with current legislation.
As each project is unique, the terms of application must be examined in light of your personal wealth situation, your objectives, and your operating model.
At FB GROUP, we support you throughout your project and can refer you to our specialized partners (chartered accountant, tax advisor, or notary) to verify your eligibility and implement the scheme under the best conditions.
This personalized assessment enables you to optimize your acquisition while securing your investment from a legal and tax perspective.