CRT : Making
Your Second Home Profitable

CRT : Making <br/> Your Second Home Profitable

A new way to make your second home profitable: CRT

Profitable second homes at last : French Joint Ownership Tourism Scheme (CRT)

A Copropriété Résidentielle de Tourisme or French Joint Ownership Tourism Scheme (CRT) is a small luxury residence offering very spacious villas, chalets or apartments (CRT was created and patented by the Terrésens Group).

CRT was created for homeowners who really want to enjoy their second homes – while also making sure that the properties are financially viable by renting them out at their convenience – and, of course, avoid the stress of managing the tourist residence or aparthotel.

CRT means FREEDOM OF CHOICE and PROFITABILITY

Every year as a homeowner …
… I can occupy my second home whenever I like for up to 6 months a year. (1)
… I am free to maximise my rental income by deciding to occupy it only a little.

FISCAL ADVANTAGES : I reclaim the VAT (20%) on the purchase amount.(2)

CRT means SIMPLICITY and EFFICIENCY

Freedom of choice and simple stress-free management.

Terrésens draws on dual expertise in property development and rental management to handle the seasonal rental of your property carefully, efficiently and with maximum visibility.

We support you every step of the way.

Before your property’s first occupancy :

  • • Thorough monitoring of the VAT claim on your property (tax lawyer to draw it up & accountancy firm for declaratory act)
    • Monitoring of the property hand-over
    • Overseeing the initial, and any additional, furnishing of the property
    • Setting up utilities and other contracts (water, electricity, internet …)
    • Creating an online owner space (occupancy calendar in real time)
    • Setting up a dedicated concierge service for the residence or aparthotel

Yearly, once rental begins :

  • • Performing a market study of rental rates according to the property and services provided in the residence or aparthotel
    • Creating an annual rental income forecast, personalised according to the owner’s rental choices
    • Promoting and marketing the rental
    • Rental administration (accounts, rental reports, payment of rental income …)
    • Welcoming clients in season and performing inventory (incoming and outgoing)
    • Providing linen
    • Cleaning the property regularly
    • Welcoming the owners in and out of season
    • Referring of all types of request to the concierge service (shopping delivery, taxi, babysitting …)

Find out more with our CRT FAQ !

Watch our CRT video!

Failure to respect the rental commitments may result in a loss of benefits from tax incentives.

(1) Maximum occupation 182 days/year
(2) Reclaiming VAT: Article 261 D 4e / Article 271 I and Article 271 IV of the French tax code (CGI): claiming back VAT obtained when purchasing a furnished home in a residence offering para-hotel services is definitely gained by 20th



THE TRANSFORMATION OF THE SECOND HOME MARKET

For several years, we have seen a fundamental and growing trend in France for renting out second homes on an occasional or seasonal basis. The rise of operators such as Airbnb and Abritel HomeAway has changed owners’ habits. A study carried out by Harris Interactive in 2016, found that a third of second homeowners have turned to seasonal letting.

In general, the decision to rent out a second home from time to time arises simply from a desire to pay for the annual upkeep and energy charges. However, some second homeowners begin to rent out their properties in the hope of maximising their rental income.

Nevertheless, because of the distances involved, to save time, to simplify customer exchanges and for safety reasons, homeowners are increasingly turning to a single operator, capable of providing a turnkey management service for their second home (finding rental customers, managing the reservation schedule, handling arrival and departure inventories, management, taking care of cleaning and linen, and, for some properties, providing a dedicated concierge service).

Based on this observation, Terrésens group developed a new generation of second homes that meet two objectives, namely, to preserve all the pleasure and freedom involved in owning a second home, while simultaneously increasing its value by sometimes renting it out.

Discover our offers

Programme l'Altarena aux Saisies
Mountain Property

Invest in Saisies
L’Altarena

Residential Leisure Housing

...

Livraison
4e trimester 2021
En savoir plus
Mountain Property

Invest in Carroz
L’Hermitage de Clémence

Residential Leisure Housing

Residence L’Hermitage de Clémence – Become owner in Carroz Located at 1140m, the Carroz ski resort is defined as an authentic villa...

Livraison
4th quarter 2022
En savoir plus
Mountain Property

Invest in
La Chapelle-d’Abondance
Le Flocon Blanc

Residential Leisure Housing

Residence Le Flocon Blanc – Become owner in La Chapelle d’Abondance La Chapelle d´Abondance is a charming village resort on the...

Livraison
4e trimester 2022
À partir de
199 200 €  TTC
En savoir plus
Mountain Property

Invest in Megève
L’Altima

Daddy Pool

Residence L’Altima – Become owner in Megève Megève is a typical Haute-Savoie resort where history and cultural heritage mix. L...

Livraison
Consult us
À partir de
181 200 €  TTC
En savoir plus
Mountain Property

Invest in Morzine
Les 3 Sophie

Residential Leisure Housing

Les 3 Sophie residence – Become owner in Morzine Located at 1000 metres altitude in the French Alps, halfway between Mont Blanc and La...

Livraison
Consult us
À partir de
199 000 €  TTC
En savoir plus
Mountain Property

Invest in Carroz
L’Hermitage de Clémence

Residential Leisure Housing

Residence L’Hermitage de Clémence – Become owner in Carroz Located at 1140m above sea level, the Carroz resort is defined as an aut...

Livraison
Consult us
En savoir plus
Mountain Property

Invest in Combloux
Les Roches Blanches

Daddy Pool

Résidence Les Roches Blanches – Become an owner in Combloux Located in Haute-Savoie, just 4km from Megève, Combloux has kept its aut...

Livraison
Consult us
À partir de
233 000 €  TTC
En savoir plus
Mountain Property

Invest in La Plagne Montalbert
Le Snoroc

Daddy Pool

Le Snoroc Residence – La Plagne Montalbert Located in the department of Savoie, La Plagne Montalbert is a winter sports resort of the ...

Livraison
Consult us
À partir de
213 777 €  HT
En savoir plus
Mountain Property

Invest in Serre-Chevalier
Le Cristal Lodge

Daddy Pool

Become owner in Serre-Chevalier – Cristal Lodge Residence Located in the Hautes-Alpes, Serre-Chevalier is the largest ski resort in th...

Livraison
Consult us
À partir de
185 000 €  HT
En savoir plus
Mountain Property

Invest in Vaujany
Les Edelweiss

Residential Leisure Housing

Become owner in Vaujany – Les Edelweiss Vaujany is a small village in the authentic charm situated in front of the Massif des Grandes ...

Livraison
Consult us
À partir de
145 000 €  HT
En savoir plus
Mountain Property

Invest in Samoëns
Le Pré d’Anne-Chloé

Residential Leisure Housing

Become owner in Samoëns- Le Pré d’Anne-Chloé Situated in the area Les Moulins, in the resort of Samoëns, the residence benefits f...

Livraison
Consult us
À partir de
235 167 €  HT
En savoir plus
Mountain Property

La Rosière
Le Hameau de Barthélémy

Residential Leisure Housing

Residence delivered in operation – More lots for sale. A developing resort open to the future, La Rosière is the resort to invest in....

Livraison
Delivered residence
En savoir plus
Mountain Property

Plagne 1800
Le Diamant des Neiges

Residential Leisure Housing

Become owner in La Plagne 1800 La Plagne 1800 has all the advantages of a village resort. It combines the charm and tranquillity of a villag...

Livraison
Consult us
À partir de
501 000 €  HT
En savoir plus
Mountain Property

Combloux
Les Fermes du Mont-Blanc

Residential Leisure Housing

A resort at mid-altitude, Combloux follows the rhythm of the seasons. With skiing in the winter, and hiking and a very popular natural swimm...

Livraison
Delivered residence
À partir de
310 000 €  HT
En savoir plus
le centaure - belle-plagne
Mountain Property

Belle-Plagne
Le Centaure

CRT

Located at over 2,050 metres, the aptly-named Belle-Plagne offers comfort and serenity at the foot of the slopes. With guaranteed snow durin...

Livraison
Delivered
En savoir plus