lmnp STATUS*
The LMNP
status allows you to become an owner and enjoy a pleasure investment in the
mountains or elsewhere, while benefiting from tax advantages. The principle ? You
buy your property which you take full advantage of. When you are not occupying
it, you rent out your apartment via an agency or a concierge who offers
para-hotel services (supply of linen, cleaning, key delivery)
This allows you: to recover the VAT on your acquisition and to finance your property tax free
(you thus save 20% of the amount of your acquisition) To collect non-taxable
rental income, thanks to a mechanism for deducting charges (amortization, loan
interest, property tax, etc.) from your rental income.
*subject to eligibility, according to French legislation on December 1st, 2022