Tax-Back – Are there tax advantages to renting?

Renting your new-build property can have tax advantages as it is possible to reclaim part, or all of the VAT on your purchase giving a discount of up to 20%. To be eligible for this VAT discount you would be expected to rent your property professionally when you are not using it and you will need to show an overall profit over a period of 20 years. You are permitted to claim back all the VAT - the full 20% - if you rent your property commercially and do not use it yourself. If you declare in advance that you will be using the property partly for your private use then the amount of VAT you can reclaim depends on the ratio of personal use to rental use. To reclaim the tax you will need to register for VAT, and in some cases pay the gross price and then claim the tax back. This usually takes two to three months and you will be appointed a tax advisor to help you with this. It is possible to obtain a bridging-loan for this if required, however in some of the property we sell this is not necessary as the developers will have pre-arranged everything for you so you will only need to pay the net price. If you would like further information on this subject please contact us and we will email you our specific Tax-Back Guide.

About us

We have been selling chalets and apartments in the Alps for over 15 years and are the leading sales agency for ski property in Austria. Our specialist team based in London and The Hague are on hand to offer advice on the ski resorts we sell in and property we have available. We aim to offer the finest selection of Alpine properties, and ensure a high quality service to help you throughout your purchasing process. Our extensive portfolio and years of service have enabled us to keep on top of the property market. We advise all the top developers and our quality of service and professionalism have ensured successful and long-term relations with them.  

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