The Villages Group

MANAGEMENT/“RUNNING COSTS”

A separate Management/Services company will be formed by the Notaire with the same owner-shareholders. It will be run, (inc. Hotel etc), by the “Villages Group snc” for the first year. Then the owner-shareholders, (who by then will have voted in their own management committee etc), will vote either to extend the contract for a 2nd. Year, or choose another company(s). The maximum the “Villages Group snc” will run the company is 2 years.

YOUR WEEKLY “RUNNING COSTS” WILL BE APPROX…………

70 EUROS

PER WEEK PER “MAISON”

INCLUDING ALL ON-SITE
ACTIVITIES & ENTERTAINMENT

ON JUST 40% HOTEL ROOM OCCUPANCY!


WEEKLY CLEAN
& 7/7 HOTEL SERVICE to your Maison

*** “Running costs includes; maintenance; roads; pools; tennis court; repairs; outside painting; security, gardening & landscaping etc and includes “land tax” but excludes “habitation tax” Any profit from Hotel, Bar etc can be used either to reduce management costs; provide more facilities to the “Village”, or distributed among owner-shareholders.



*** TAXE FONCIÈRE & TAXE D’HABITATION

Foncière Land tax and as Owner-Shareholder instead of “old-style ownership” is paid by the “Village”. However as new build – first 2 years are exempt; plus very low if “residence” – not rental.

Plus HUGE exemptions for Energy-Eco friendly build.
(TWO MORE EXCELLENT REASONS FOR PRECISION ENGINEERED HOMES).

Habitation is akin to a “poll” tax. However it is very low and further reduced if persons are over 60 and /or on reduced income: pension. (Allow for safety 20 euros per week maximum)

You can find lots of info on the web and this link is one of the best Taxe Foncière - Property Ownership Tax.

The Notaire and Accountants of your
“Village” are there to guide and advise.