THE CONCEPT
An innovative concept that combines real estate investment and possibilities of residential stays in an attractive tax and financial environment.

• You are a full owner.
• You create an estate of quality.
• You entrust the rental, management and maintenance of your residence to a company in the quality hotel management business. The rental management and the rental revenues are guaranteed by a commercial lease of a minimum of 9 years.
• You benefit from the status of Non-professional Lessor of Furnished Property - LMNP-(tax-free rental revenues)
• You recover the VAT from the amount of your purchase (19,6%)
• You may retain periods for personal occupancy (vacations, week-ends...).
• You benefit from a complete service such as provision of furnishing, decoration, electrical appliances, kitchenware and dishes.
• Hotel services are available: reception, room service, house linen, green space maintenance, 24h security

ADVANTAGES FOR THE INVESTORS

• You are free from all concerns related to rentals. A hotel management company will take charge of the maintenance (swimming pool/garden) and the rental management of your villa (collection and welcome of the tenants, rental payments, inventory of fixtures).
• You have several weeks available for your personal use of the property every year.
• Hotel services à la carte as in a hotel. You will have services available such as cleaning, provision of bathroom linen, sheets,...

COMMITMENTS

• The transaction will be concluded by virtue of the signing of a VEFA (sale in the process of completion) type contract, which will set forth in detail all of our commitments: sale price, delivery date, detailed design plans, technical description. You will also receive a description of the furniture and electrical appliances.
• You will benefit from the legal guarantees concerning the completion of the work included in the sale price.
• The constructions comply with the most recent standards in comfort, safety, noise and thermal insulation.

QUALITY

• Privileged locations: bordering golf course, at the foot of ski slopes or along the sea, increasing the value of your investment and estate.
• Models of innovative and harmonious architecture in keeping with the local traditions and environment.
• Internal services at the top of your requirements for welcoming and warm houses: tastefully furnished, earthenware plates and tiled floors of well-known brands, well equipped integrated kitchen.
• Equipment which makes a difference: private swimming pool, balneo bathtub, privately owned storeroom, telephone switchboard, security...

NON-PROFESSIONAL LESSOR OF FURNISHED PROPERTY (LMNP)

Legal and tax structure:

• Business income regime Private Limited Company under sole ownership (EURL), family or personal private limited company (SARL) which enables the business income to be taxed as personal income)
• Accounting impacts during the loan's term: Deductibility of the loan interest; Deductibility of miscellaneous expenses (property taxes); Amortisation deductibility, or 3.3 % per year for 30 years for the real property and 20% per year for personal property. These amortisations are deferred since they are not imputable in regard to the business income.
• After the end of the loan: Annual imputation of the deferred amortisation up to the received net rents (Business Income = 0).

Tax effects:

• Year of the acquisition: Recovery of the VAT on the acquisition
• During the loan's term: imputation on the rental income of a loss generated by the deduction of expenses and loan interest on the received net rents (rents fully tax exempted).
• After the end of the loan: Collection of the received net rents, apart from taxation, during 12 to 15 additional years considering the reintegration of the deferred amortisation.

FINANCIAL AND TAX ADVANTAGES

• Notary fees varies between 2 and 4 % (purchase of a new property).
• Advice regarding a search for advantageous financing
• Possibility of obtaining the tax status of Non-professional Lessor of Furnished Property (LMNP) or Professional Lessor of Furnished Property (LMP) by opting for the rental management of your property. This tax status will allow you to recover the VAT from your acquisition (19.6%), to collect rental revenues net of charges and taxes (LMNP status), to realise tax reduction on your overall income (LMP status)

ON-SITE SERVICES

• Our bilingual sales department is available six days a week to welcome you to our sites and organise your visit.
• In each outlet, a specialised adviser will give you complete information and advise you according to your tax, legal and estate profile.
• We will monitor your project from the signing of the contract to the time of delivery.

FISCAL DEFINITION

Lease back is an innovative concept that combines real estate investment and possibilities of residential stays in an attractive tax and financial environment. It allows you to:-

• Recover the VAT from the amount of your purchase (19,6%)
• Collect rental revenues net of charges and taxes (LMNP status)
• Realise tax reduction on your overall income (LMP status)
• Notary fees varies between 2 and 4 % (purchase of a new property).