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FAQ's
View frequently asked questions from interested parties at MarinaParken here.
FINANCE
✦ What are the financing options for buying a holiday home?
✦ What are the financing options for buying a holiday home?
The purchase of a recreational home can be financed from your own funds or via a financing/mortgage. We cooperate with several financial institutions specialising in recreational homes and can advise you on the possibilities.
✦ Do I have to pay VAT when buying a new holiday home?
✦ Do I have to pay VAT when buying a new holiday home?
If you buy a new holiday home from a property developer or construction company, it may be subject to VAT instead of transfer tax. This usually applies to homes that are classified as new properties. The rate of VAT is usually 21%.
✦ Can I take out a mortgage to buy a holiday home?
✦ Can I take out a mortgage to buy a holiday home?
Yes, it is possible to take out a mortgage to purchase a holiday home. However, this is approached differently from a mortgage for a regular owner-occupied property. MarinaParken can assist you with this.
✦ What are the advantages of investing in a holiday home?
✦ What are the advantages of investing in a holiday home?
Holidays at home are more popular than ever! Especially the demand for holidays in luxury holiday villas is on the rise. That is why it is interesting to invest in a sustainable holiday home in the Netherlands. You will then benefit not only from the return, but also from the increase in value of the property!
✦ What are the tax aspects of buying a holiday home?
✦ What are the tax aspects of buying a holiday home?
Buying a holiday home has several tax aspects in the Netherlands. Here are some key points:
* Transfer tax
* VAT on new builds
* Fixed home ownership or box 3
* Income tax when renting out
* Local taxes
✦ Can I reclaim the VAT from the tax authorities?
✦ Can I reclaim the VAT from the tax authorities?
The process for reclaiming VAT involves several steps:
- Registration with the Tax Office: You need to register as a VAT entrepreneur. This can be done via the Inland Revenue's website or by filling in a form and sending it in.
- File a VAT return: Once you are registered, you must file a VAT return periodically. In this return, you specify the VAT paid that you want to reclaim.
- Submit the return: Submit your return digitally via the Tax Office portal or with the help of an accountant.
✦ When can I reclaim my VAT from the Inland Revenue?
✦ When can I reclaim my VAT from the Inland Revenue?
You can reclaim VAT from the tax authorities if you buy the holiday home for business purposes, such as rental. This is especially true when buying newly built holiday homes where 21% VAT has been applied instead of transfer tax. To qualify for the refund, you must use the property for VAT-taxed activities, such as renting it out to holidaymakers.
✦ What is ‘cost-to-buyer’ (k.k.)?
✦ What is ‘cost-to-buyer’ (k.k.)?
In a purchase cost of ownership (k.k.) means that the buyer is responsible for the additional costs of transferring the property. This usually includes transfer tax, notary fees for the transfer of ownership and registration fees in the Land Registry.
✦ What is ‘freehold’ (v.o.n.)?
✦ What is ‘freehold’ (v.o.n.)?
With a purchase freehold (v.o.n.), the transfer costs are included in the purchase price. This means that the seller pays the transfer tax for the property transfer. This is often the case with new construction projects or new recreational homes bought directly from a property developer.
✦ What is the difference between costs-to-buyer and freehold?
✦ What is the difference between costs-to-buyer and freehold?
The main difference is who pays the transfer costs. With costs-to-buyer, the buyer pays these costs on top of the purchase price, while with freehold, the seller covers these costs and the buyer only pays the agreed price without additional transfer costs.
✦ Are there any income tax implications if I buy a holiday home?
✦ Are there any income tax implications if I buy a holiday home?
Depending on your situation, there may be tax advantages, such as deductible mortgage interest when renting. It is wise to consult a financial adviser to understand which benefits apply to you.
✦ What is the KOR scheme?
✦ What is the KOR scheme?
The small entrepreneurs scheme (KOR) is an exemption from VAT. You can make use of the KOR if you are established in the Netherlands and have no more than €20,000 turnover in 1 calendar year. The KOR is there for natural persons (sole traders), combinations of natural persons (e.g. a vof) and for legal entities (e.g. foundations, associations and bv's).
✦ What about taxes on my property?
✦ What about taxes on my property?
As the owner of a recreational property, you may face municipal taxes such as property tax (OZB) and tourist tax if you rent out your property. You will also be taxed on any rental income. It is advisable to consult a tax advisor for detailed advice.
✦ How does the payment of the purchase price of a property work?
✦ How does the payment of the purchase price of a property work?
Payment is made in several stages. A down payment is usually made when the purchase agreement is signed. The remaining amount is paid when the property is notarised. We guide you through the payment process step by step.
✦ What is the cost of a recreational home?
✦ What is the cost of a recreational home?
Prices of holiday homes at MarinaParken vary depending on location, type of home and amenities. Contact us for an up-to-date overview of prices and available properties.
✦ What are the additional costs beyond the purchase price of the holiday home?
✦ What are the additional costs beyond the purchase price of the holiday home?
In addition to the purchase price, you may incur maintenance costs, notary fees, transfer tax, connection fees, utilities, park management fee and any rental service fees. These costs vary by park and property type. Contact us for a detailed breakdown of additional costs.
HOLIDAY HOMES
✦ Are the properties furnished or unfurnished?
✦ Are the properties furnished or unfurnished?
This depends on the type of property and the purchase option. Some properties are offered fully furnished, including modern interiors and appliances, while others are delivered as shells, allowing the buyer to furnish them to their own taste. If you offer the property for rent, it will be furnished by MarinaParken. However, you can choose between different furniture packages.
✦ Is it possible to view one of the properties first?
✦ Is it possible to view one of the properties first?
Yes, we cordially invite interested parties to schedule a viewing. This will give you the chance to experience the property and the park for yourself and see if it meets your expectations.
✦ Are low-energy or sustainable homes available?
✦ Are low-energy or sustainable homes available?
Yes, MarinaParken has sustainable options, such as homes with solar panels, good insulation and energy-efficient appliances. This not only helps reduce environmental impact but also reduces energy costs. Built in accordance with building code lodgings.
✦ Do I have to insure the holiday home myself?
✦ Do I have to insure the holiday home myself?
Yes, you need to take out your own insurance for your holiday home. Often, building and contents insurance is sufficient. We work with specialised companies that can help you with this.
✦ Can I modify or extend my recreational home?
✦ Can I modify or extend my recreational home?
Yes, you can make an appointment with our (Dutch) builder to change the layout and colour schemes to your liking.
✦ Can my dog come with me if I buy my own holiday home?
✦ Can my dog come with me if I buy my own holiday home?
Yes, if you buy your own holiday home, your pet can come with you. Of course, there are some practical things to consider:
- Holiday park rules; leashed
- Surroundings and safety
- Future rentals
THE HOLIDAY PARK
✦ Can I live permanently in a holiday park?
✦ Can I live permanently in a holiday park?
No, the recreational houses at MarinaParken are intended for recreational use and cannot be used for permanent residence. This is in accordance with local regulations and zoning plans. The homes are intended to serve as holiday accommodation.
✦ How is permanent residence monitored?
✦ How is permanent residence monitored?
Control of permanent occupancy is carried out by the municipality and may also be monitored internally by MarinaParken. This is to comply with legal requirements and ensure that the parks maintain their recreational function.
✦ Can I register with the municipality?
✦ Can I register with the municipality?
No, registering a recreational house as your main residence is not allowed. The municipality usually does not allow this because the houses are recreational.
✦ How is maintenance at the park managed?
✦ How is maintenance at the park managed?
Maintenance of the park and communal facilities is carried out by MarinaParken's management team. This includes garden maintenance, cleaning of public areas and technical support to ensure the park is always in top condition.
RENTAL POSSIBILITIES
✦ Are there rental obligations?
✦ Are there rental obligations?
MarinaParken does not impose a rental obligation on you. You can also purchase the accommodation entirely for your own use or for a combination of own use and rental.
✦ Who arranges the rental of my holiday home?
✦ Who arranges the rental of my holiday home?
MarinaParken takes care of all the work applicable to the rental of your property.
✦ How high is the VAT on rental income?
✦ How high is the VAT on rental income?
VAT on the rental income from a holiday home in the Netherlands is usually 9%, the reduced rate. This rate applies if you offer the holiday home for short-term stays, such as tourist rentals to holidaymakers.
✦ Do I have to pay VAT on rental income?
✦ Do I have to pay VAT on rental income?
Yes, in most cases you have to pay VAT from the rental income of a holiday home. This applies when you rent out the property for short-term stays, such as holiday rentals.
✦ Can I rent out my holiday home when I am not there myself?
✦ Can I rent out my holiday home when I am not there myself?
Yes, at MarinaParken it is possible to rent out your holiday home. We offer professional rental services that manage bookings and maintenance, so you can generate passive income without worries.
✦ How does a fixed return work in practice?
✦ How does a fixed return work in practice?
A guaranteed return when buying a holiday home means that you will receive a fixed percentage of rental income, regardless of the actual rental performance of your property. In short, a guaranteed return offers certainty about your income.
✦ How does variable return work in practice?
✦ How does variable return work in practice?
A variable return means that the income from renting out your holiday home can change depending on factors such as the season, occupancy rates and rental prices. In short, a variable return means that you do not receive a fixed amount each year.
✦ Can I also rent out my holiday home through other organisations?
✦ Can I also rent out my holiday home through other organisations?
No, renting out your holiday home through organisations other than MarinaParken is not possible.
NOTARIOUS
✦ Do I have to attend the notary appointment myself?
✦ Do I have to attend the notary appointment myself?
No, you can choose to pass by proxy.
✦ What does ‘you invest outside AFM supervision’ mean?
✦ What does ‘you invest outside AFM supervision’ mean?
The statement ‘you are investing outside AFM supervision’ means that a specific investment or investment is not under the control or supervision of the Financial Markets Authority (AFM) in the Netherlands. The AFM is the regulator of financial markets and monitors that financial institutions comply with laws and regulations, with the aim of protecting consumers and investors.
✦ What are the advantages of buying a holiday home at MarinaParken?
✦ What are the advantages of buying a holiday home at MarinaParken?
At MarinaParken, we offer high-quality recreational homes in beautiful locations in the Netherlands, by the water or near the sea. Our parks are designed to meet the highest standards of comfort and relaxation, with amenities such as marinas, playgrounds, swimming pools and catering facilities.
✦ What does the notary do when transferring a holiday home?
✦ What does the notary do when transferring a holiday home?
The notary will check the identity of the buyer and seller, investigate whether the property is attached, draft the deed of delivery and mortgage deed (if applicable), and arrange for the registration of these deeds in the Land Registry.
✦ What is a delivery deed and why is it needed?
✦ What is a delivery deed and why is it needed?
The deed of delivery is the official document transferring ownership of the holiday home from the seller to the buyer. This deed is needed to officially register the property in the Land Registry, making the transfer of ownership legally valid.
✦ What fees does the notary charge?
✦ What fees does the notary charge?
Notary fees can vary, but usually consist of costs for preparing the deed of delivery, any mortgage deed, administrative actions and registration in the Land Registry. The total costs are usually charged as notary fees or transfer fees.
✦ Can I buy a holiday home without a notary?
✦ Can I buy a holiday home without a notary?
Yes, this only applies if you rent the plot from MarinaParken. If so, no notarial deed will be drawn up through the notary.