Just like your primary residence, your mountain chalet or apartment needs regular maintenance.
Due to wear caused by snow, but also non-occupancy (thus lack of regular maintenance), expenses can reach between 1 and 2% of the purchase price per year.
This figure can rise to 4 or 6% depending on the property, outdoor spaces, and specific equipment.
You must also cover the current charges, representing energy expenses (gas, water, electricity, ...) and other fees like the internet package or home insurance.
Unoccupied for a large part of the year, your station accommodation will cost you more in insurance than your main residence. If it belongs to a condominium, you will also be liable for the charges related to it.
Taxation for secondary residences
The main charges to be paid for a secondary residence are the housing tax and the property tax. Their amount depends on the rental value of the accommodation. Note that the various deductions and caps you benefit from do not apply to your secondary residence.
Another mandatory expense: local taxes, such as the garbage collection tax, for example.
However, it is possible to be exempt from property tax for two years if you invest in a new program.
Opting for seasonal rental to offset charges
To make your accommodation cost-effective, you can choose to rent it out for a few weeks a year, mainly during the summer or winter seasons. Seasonal rental allows generating a significant income, to simply supplement your income, make your property profitable, or increase your vacation budget.
If you do not live close to your property or do not have time to devote to it, you can entrust its management to a professional who will take care of the maintenance and major works, welcoming tenants and monitoring their stay. Our real estate agency specialized in real estate and rental management in Les Gets since 1979 offers a quality service thanks to a motivated and rigorous team.
