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Reclaiming VAT

Discussion in 'Buying Overseas Property' started by desmond, Sep 22, 2006.

  1. desmond

    desmond New Member

    Hi all,
    We are about to sign a Compromis de Vente. The House is under 5 years old, and therefore the price includes VAT as this is the 1st sale (after the original sale by the developer to the current owner).
    As this house is to be used as a "Gite" (holiday rentals) is it possible to reclaim this VAT?
    Enjoy!!!
     
  2. ismael

    ismael New Member

    Hello Desmond,
    You will be getting 'frais de notaire reduits' though wont you - if the house is under 5 years old - and that is worth about 3% or so.
    Warm Regards
     
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