ApartmentVars (05)

Price :

$665,300

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface91 m²bedrooms3 bathroom1

THE CHALETS OF L'OR BLANC located in VARS (Hautes Alpes), a location that makes it a resort belonging to one of the most attractive ski areas in La Forêt Blanche. This program is very well located just 3 hours from Grenoble, 30 minutes by car from the Saint-Crépin aerodrome and 4 hours from Marseille-Provence airport, with the first shops accessible on foot. This village, which benefits from exceptional sunshine, will appeal to contemplatives and lovers of the architectural particularities of old buildings. Ski-in and direct access to the slopes.

Let's talk a bit about the resort!: Vars les Claux belongs to the Vars/Risoul ski area: La Forêt Blanche, which is one of the ten highest ski areas in France. This exceptional ski area of Vars/Risoul has 185 km of ski slopes and 36 ski lifts. A dynamic resort with activities suited for the whole family in winter and summer: hiking trails, interpretive trails, rail sledding, tree climbing, climbing, mountain biking, kayaking, via ferrata, dog sledding, quad biking, paragliding, a swimming pool, as well as shows and animations.

Now let's mention this fabulous Residence!

The Residence benefits from a privileged location in the heart of the Vars-les-Claux resort. It consists of 18 apartments distributed over 3 duplex Chalets ranging from T3 to T6A - STARTING FROM €485,000, renovations are still possible at this stage of work. Parking: 18 covered spaces, bicycle storage, ski storage. Delivery date: 4th quarter 2025. I propose this superb T4 duplex with a surface area of 91.30 m² with a terrace of 11.90 m². The living room/kitchen area is 44.45 m² opening onto the 11.90 m² terrace and balcony on the 1st floor, then on the ground floor are the three bedrooms measuring 11.35 m², 10.65 m², and 9.85 m², a bathroom of 6.05 m² and a shower room of 2.50 m², a hallway of 3.80 m², and toilets on the 1st floor and ground floor. The orientation is south.

PARA-HOTEL: ON-SITE CONCIERGE / FREE OCCUPANCY.

Our concierge service, specialized in managing high-end properties in the mountains, will be on-site during the opening periods of the resort and will take care of:

Marketing stays on specialized platforms (Booking, Airbnb, Abritel, Expedia…) as well as negotiating with tour operators or company committees to optimize occupancy.

Provision of para-hotel services:

Personalized welcome
Regular cleaning of premises
Provision of bed and bath linens
Possible delivery of breakfast

It should be noted that this is not the establishment of a lease but rather a concierge mandate, with only 21% on the stays realized.

Finally, very importantly, you can occupy the property as you wish.

ADVANTAGEOUS TAXATION

As you will see, taxation on para-hotel services with hotel services is very advantageous in many respects:

Refund of VAT which is 20% of the acquisition price, in full within 6 months following the deed at the notary.
No tax on the income generated by the rental.
Amortization of the property allowing for the creation of an accounting deficit.
No tax on capital gains upon resale after 5 years of activity.

Also, to revisit the legal and tax setup that we present (which is not mandatory but recommended), you need to set up a Sole Proprietorship (or LLC or SAS, but not SCI), in B.I.C Pro, with the social purpose of hotel accommodation with hotel services and that you (with the concierge) are able to provide at least 3 of the 4 services on a regular basis (welcome, provision of linens, regular cleaning, breakfast). You will thus benefit from the following tax schemes:

VAT liability.
Recovery of the 20% VAT on the real estate (with final acquisition of 1/20 each year).
Recovery of VAT on furniture packages and all other charges (notary fees, co-ownership, accountant, electricity, water…).
Collection of 10% VAT on stays billed to your clients.
All expenses are deductible + accounting depreciation of the real estate.
The net price of the real estate is depreciable over a minimum of 20 years, creating a (so-called fictitious) charge that will make your accounting result negative each year (unless you exceptionally rent the property).

Since it is a professional activity, all expenses are deductible: notary fees, co-ownership, property tax, CFE, URSSAF flat-rate (if set up as EI or LLC), travel expenses to go to the site for professional reasons, loan interest…

Integration of the activity's result into your Tax Reference Income.
Like any professional activity, you must include the result (in this case, the deficit) in your RFR, which will lower your taxable base for income tax and reduce your tax from the highest marginal bracket (40% or 30%).

Exemption from tax on capital gains after 5 years.
Like any merchant who sells his business after 5 years of activity and who makes less than €250,000 in annual turnover.

Information on the risks to which this property is exposed can be found on the Georisque website: georisques.gouv.fr

Catherine Medina - EI - is a Commercial Agent mandated in real estate, registered in the Special Register of Commercial Agents of the Manosque Commercial Court under number 48849209....

Registered office of the principal: effiCity, 48 avenue de Villiers - 75017 PARIS - Simplified Joint Stock Company, with a capital of €132,373.05, registered under RCS Paris 497 617 746 and holder of the Professional Card CPI 7501 2015 000 002 025 issued by the CCI Paris IDF - Guarantee Fund: GALIAN Assurances 89 rue de la Boétie 75008 Paris.

This description has been automatically translated from French.