I have been reading as much as I can find, and think i will eventually have to create a massive flow chart to navigate and understand systems Francais,
(Although Brexit may have a hand in upsetting the apple cart, we can only go on what we have).
I don’t mind all sorts of comments, because it can often trigger other questions i need to find answers for.
I have questions for different areas, so need to split them up…although they do relate/ have dependency from one to another.
My partner and I are looking avidly to purchasing something in the lower Normandy area, and oping to find a property with a small Gite, or a property that has a small building in the grounds to renovate and create one… also possibly renting an en-suite room as B&B style.
We both currently reside UK, she works full time , and myself part time with a forces pension.
What we intend, is rent out the gite part , holiday let only ( like 1000’s others).
Not expecting too much, but something to allay mortgage costs…
pre retirement age… still a uk resident
I would like advice on the mechanism that people would choose to run a FURNISHED gite, and or room as B&B. I wouldn’t expect extravagant income, so thresholds would be low.
Post retirement age in 6 years…i think my pensions would total about 17k euros per annum…
Would people choose to change the business model after that ?
I appreciate if also using as a part B&B of main house, could complicate the mechanism.