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Listed as a 4 star tourism residence, Edenarc 1800 offers some rare privileges. You benefit from a specific tax regime whereby you can claim back the VAT, not pay tax on your rental income and use your apartment.
A ‘résidence de tourisme’ is a homogeneous group of furnished rooms or apartments, in collective buildings with at least 100 beds for rental on a daily or weekly basis by a tourist clientele that does not have its permanent residence there.
In this context and on the condition of respecting a commercial lease for a minimum of 9 years with an operator that will guarantee a minimum level of services and providing it obtains a tourism residence classification, apartment purchasers will be exonerated the VAT amount, i.e. 19,6% of the total price net of tax of their investment.
Edenarc 1800 is classified as a 4 star tourism residence. You can therefore benefit from this tax regime, claim the VAT, get rental revenue that you will not pay tax on and have weeks of personal occupancy in your apartment.