Becoming a HOMEowner
The tourism residence
Are you interested in investing in rental property in the mountains? MGM's professional experts can help you discover the concept and benefits of serviced residences. Our exclusive establishments are located in some of the finest resorts in the Alps, giving you the opportunity to make a profitable, long-term rental investment.
Tourism residence: a profitable, hassle-free investment
What is a tourism residence?
Each Tourism residence is awarded a star rating based on the standard of the services it provides, and offers fully-equipped, furnished accommodation for rent (on a daily, weekly or monthly basis).
Tourism residence also offer a wide variety of facilities and amenities to maximize holidaymakers’ comfort:
- Catering
- Reception
- Cleaning and maintenance
- Swimming pool, sauna, hammam, wellness centre
Depending on the establishments, the residences offer you various services for hiring and/or borrowing equipment, as well as various additional benefits: ski equipment, kitchen utensils, board games, game consoles, raclette machines, etc.
How do I invest in a Tourism residence?
Investing in a Tourism residence is simple. You own 100% of your property and can occupy it for several weeks’ a year. For the rest of the year, your apartment is managed by MGM Hôtels & Résidences which lets out and takes care of your property and the residence while paying you a guaranteed rental income.
Attractive top-quality residences
A concept that first appeared in the 1970s, serviced residences are now a big success with holidaymakers. They provide a high level of comfort and meet all the new expectations of mountain tourism, which is no longer solely focused on skiing. Currently, the residence market is particularly dynamic, achieving high occupancy rates. This growing popularity is an important guarantee for your future rental property investment.
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Owning an apartment in Tourism residence: your advantages
- You own 100% of an attractive and profitable property asset
- You benefit from several tax breaks: LMNP status enables you to claim back VAT and benefit from tax reductions
- You receive guaranteed rental income every year, whether or not your property is rented out
- You can enjoy your property and the residence’s services for several weeks a year: free access to the relaxation area with pool, hammam, sauna, hot tub and cardio-training room
- Management and maintenance of your apartment is also provided by MGM Hôtels & Résidences
- You do not have to pay any operating costs (water, electricity, heating, residence tax)
- You only have to pay a contribution towards operating costs
- As an MGM property owner, you enjoy priority access to bookings through MGM Hotels & Residences and are entitled to special rates for your spa treatments at the Spa Montagnes du Monde® centres
Buying a property in a mountain residence: how can you make your investment a success?
Location: an essential criteria
As with any property purchase, location is the first factor to take into account when buying a leaseback property. Today, the mountains are one of the most favourable destinations for this type of investment. They are highly prized and meet French and foreign tourists’ growing need to get away from it all. They attract thousands of holidaymakers with a wide variety of benefits and a stunning natural heritage.
To guarantee a profitable investment, MGM has developed property schemes in the Alps’ most beautiful high-altitude resorts. Located at the foot of the slopes or at the heart of the ski area, our residences offer superb views and integrate harmoniously with their natural environment. Our locations therefore add value to your asset and allow you to make the most of the mountains’ incredible natural treasures.
Opt for a resort that is dynamic and attractive in all seasons
The attractiveness of the ski resort is another key success factor for your investment project. Today, holidaymakers no longer focus solely on winter sports, but are looking to experience everything the mountains have to offer.
To meet these new expectations, MGM resorts have been selected for their diverse offering, good snow record, reputation among tourists and dynamic economy whatever the season.
Choose a builder and operator who specialises in the mountains
An experienced builder and operator, MGM has been bringing customers the benefit of its double expertise for over 60 years now. Combined with our years of experience, our mountain property construction know-how means you can invest in an upmarket leaseback property with total peace of mind. Our high standards can be seen in the quality of building materials used, the care taken over the finishes and the quality of our establishments’ services.
These many advantages will enable you to make a profitable investment in a leaseback. To give yourself every chance of success, you can also benefit from our experts’ assistance at every step of your property-buying project.