La residence de tourisme
is a classified commercial
establishment comprising a group of apartments ready for occupation.
It is managed by a single operator and accommodates a tourist clientele, who
are not permanent residents, by the night, by the week or by the month.
CGH complexes have all
obtained 4-star classification measured by the standards set out in the
classification decree of 4 June 2010.
For the investor, it is a property
investment, purchased outright, managed by a professional operator. The
owner and the operator are united by a commercial lease.
Each apartment may be sold
to individuals who will benefit from the advantages of the commercial
lease, personal occupation weeks and tax advantages..
The complex may
also be owned by a group investor, a property company which signs a commercial
lease with the operator, ensuring long-term profitability.
For the holiday consumer, it
is a very flexible rental product and holiday formula.
Purchasing an apartment under commercial lease with CGH enables you to
benefit from a number of services and advantages while creating a high-quality
CGH will look after the rental management and maintenance of your apartment
through its permanent teams and will guarantee you stress-free holidays.
Several types of commercial lease are available to you:
The Pleasure & Capital
will enjoy holiday weeks in both winter and summer, in your apartment or you
can exchange them for weeks in another of the group’s complexes
- while building a quality
with a guaranteed rental
The Capital Asset Plan
will build a quality capital asset
will not benefit from weeks of occupation but a guaranteed rental assuring you
of a good return on your investment
will receive a guaranteed rental:
- - Whether
your apartment is let or not, CGH will pay you an annual income
- -One company manages all CGH complexes
assuring you of the Group’s financial policy.
rental is indexed throughout the life of your commercial lease.
will be able to reclaim the VAT:
will not pay VAT on your purchase, nor will you have to advance it and so you
pay for your property exclusive of taxes.
- The rate may vary. This advantage
is subject to the property being operated in this way for 20 years
will benefit from tax advantages:
can be applied to income. It varies according to your personal situation and
country. Tax advantages may be subject to changes in the law..
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- The duration of the commercial lease
commercial lease signed with CGH is for an initial period of 11 years. It may
be renewed for a maximum period of 9 years.
- At the
end of the initial lease, the CGH Group will offer to continue to manage your
order to meet the expectations of the tourist clientele, it is necessary to
carry out alterations in your apartment for which a menu-price contribution
will be sought.
There are several taxation arrangements that will benefit investors in
rental property under the résidence de
tourisme system. They enable the owner to enjoy their investment fully and
to generate additional income from the rental of the property.
of VAT (20%) on the purchase price of a new property
furnished landlord (LMNP): costs and depreciation of the value of the property
deducted from rental income
furnished landlord (LMP) :possible
exemption from ISF (wealth tax) and capital gains tax on resale, reduction of
income tax, long-term exemption from taxes and social costs
Under the Censi-Bouvard Censi-Bouvard:11% reduction of tax on the
value of the new property in a classified résidence
de tourisme, subject to a commercial lease for a minimum of 9 years.
·When you purchase an apartment
managed under lease by CGH, you will benefit from numerous advantages:
- A service for owers with a team at your service for your holiday bookings and your questions
- Some preferential services (somes exemples below)
apartment available from 4.00 p.m. on the day of your arrival rather than 5.00
- - No
waiting on arrival, arrival formalities are simplified for you, no security
deposit to pay
- - You
can add nights to the personal occupation weeks granted by your lease and
benefit from a 20% reduction
- - You
can book holidays in all CGH complexes with a 20% reduction on the
accommodation (non-cumulable with other promotional offers
- - Our spas
Ô des Cimes offer you a 15% reduction on the treatment menu
- Winning exchanges :
can exchange your occupation weeks and use them to discover other CGH complexes.
In this way, you can exchange:
During winter season
- - 1 high
season week for 3 low season weeks occupied on different dates
- -1 mid-season
week for 1 low season week + 1 mid-season week occupied on different dates
- - 1 mid-season
week for 2 low season weeks occupied on different dates.
In the summer season
- - 1 mid-season
week for 1 low season week occupied on different dates
- White periods
periods when the complex is closed to tourist clientele, 28 days of occupation
are included in your lease at no additional cost