The financial benefits of buying a property in a residential park
The tax benefits of residential parks
The tax benefits of residential parks
Buying a home or a mobile home in a residential park is not just a convenient and comfortable option, the financial advantages are considerable compared to a standard second home.
By purchasing a holiday plot in one of our residential parks, you can do away with individual subscriptions.
Electricity, water, television, and Internet are all included in the operating expenses.
By pooling the subscriptions of all our parks, we obtain discounted prices. For our electricity subscriptions for example, we have negotiated business rates.
For the Internet, we have a dedicated optical fibre subscription, and each holiday home has a Wi-Fi hotspot.
No council tax or individual property tax.
As they are considered as mobile holiday homes (RML), the second homes in our residential parks are therefore exempt from council tax and you will have no individual property tax to pay either. A common property tax is directly included in the operating expenses.
The operating expenses include the various utility subscriptions (electricity, water, television, Internet), the property tax, and the maintenance fees of the residential park.
They are to be paid each year in two instalments and cost around €750/semester.
This considerably reduces the fees you pay for maintaining your second home in a residential park compared to a standard house or apartment.
Do you want to find out more about the cost of a mobile home in one of our residential parks? Read our article about the cost of a second home in a residential park.