More than a simple property investment concept, "Property for Pleasure" is based on a commun ethical principal within the Group which is shared by booth its employees and partners alike. It has already proved most popular and has attracted a large number of owners. Having entrusted the Maisons de Biarritz Group with the construction of their properties, these owners also delegate the rental management of their property in complete confidence. The converging interests of the Group and its clients form a real partnership based on the following points:

Quality of location and investment

Properties are built in major tourist areas: Atlantic Coast, Provence - French Riviera and French Alps, all of which have a reputation of their own. They all have excellent transport links and guarantee a good return on investments.
The Maisons de Biarritz Group always gives priority to appearance and construction quality for its villas, private chalets and village houses. The architecture is inspired by the regional style to fit perfectly into the local landscape and sustainably preserve the environment. This elegance can also be seen in the interior design, including the furniture, which takes its lines and colours from the style of the region.
The reception and relaxation areas are handed over to experienced interior decorators and designers, who create a stylish and refined atmosphere. The food in the restaurants aims to be inventive, the recreational areas, bar-lounge, spa, children's club, pool and beach provide a friendly, convivial, tasteful atmosphere, and the business areas are superbly equipped.

Tax optimisation

By buying through a leaseback scheme, private investors are the owners of the properties and the Maisons de Biarritz Group manages the rental operation via 9 or 11-year commercial leases that may be renewed for 3, 6 or 9 years. For the investor, this acquisition falls within a tax and legislative framework designed for tourist residences and hotel-style accommodation. The tax systems giving rise to tax exemptions are mainly the status of "Loueur en Meublé Professionnel" (LMP) and the status of "Loueur en Meublé Non Professionnel" (LMNP) [Non-Professional Hirer of Furnished Accommodation]. In addition to significant tax exemptions according to the buyer's tax profile, the purchase price is immediately significantly reduced, as VAT at the rate of 19.6%, is recovered on the investment. This reduction becomes finally established after 20 years.

Financial guarantees

As the rental operation and hotel management are overseen by the Group subsidiary Maisons de Biarritz - Exclusive Hotel Resorts, the investor benefits from a full range of services and a guaranteed financial profitability backed up by the Group. In signing the commercial lease, the subsidiary undertakes to pay the investor a quarterly rental by bank transfer, guaranteed annually, for a minimum of 9 or 11 years and, if he chooses, extendable over 3, 6 or 9 years.

Freedom of use for the owner

- These property rental management services relieve the investor owner from all the constraints linked to the maintenance and rental of his holiday home. Year-round, 24-hour surveillance, maintenance and even pool and grounds maintenance are all taken care of.

- Owners can also choose to spend their holidays in their second home and

stays with friends and family throughout the year. These periods of personal occupation may be changed from year to year. During their stays, owners can enjoy hotel-style services such as cleaning, provision of sheets and towels, room service, provision of staff, etc., at preferential rates, depending on the clauses set out in the commercial lease. Owners also have a private place in which to store their personal items when they are not staying at the property.

- Owners Privilege Card: membership of the Maisons de Biarritz Group means that owners can enjoy preferential rates at all Group establishments. The Owner Privilege Card gives owners the right to discounts on public rates at the Group's various establishments, depending on the season, and to various advantages for sponsoring new clients.