Are you looking for a second home in a mountain resort? MGM is the ideal partner to deliver your project. Having specialised in upmarket mountain property construction for over 50 years, our brand is well-known for its reliability and expertise. Our experts can tell you about the various options for buying a second home and assist you at every step of your property project.
What type of second home will suit your project?
With MGM, you have a choice of two advantageous solutions if you want to invest in a second home in the mountains:
- Buying an outright purchase apartment;
- Investing in a leaseback property.
Buying a leaseback property
Buying an MGM leaseback property is a way to combine investment and pleasure. With this type of purchase, you own 100% of your second home and entrust its management to MGM Hôtels & Résidences (or our partner CGH, a company specialising in hotel management). Our professionals take care of all rental management tasks:
- Promotion of the property;
- Collection of the fixed rent.
With this solution, you are guaranteed to receive a steady rental income without worrying about letting out the property yourself.
When you invest in a leaseback property, you also have the option to stay in your second home several times a year (2 to 6 weeks in high and mid-seasons): you choose the periods you want to book for your holidays. On site, you enjoy the comfort of your fully equipped property and have free access to the relaxation and leisure area: around 1,000 m² with a swimming pool, hammam, sauna, hot tubs, cardio-training room… With MGM, you also benefit from discounted rates at the wellness centres.
At our leaseback property, you can also enjoy a range of “serviced accommodation” features: a personal welcome, reception, cleaning, catering, communal area, equipment, skiing gear hire and ski passes, board games to borrow, etc.
What are the advantages of a rental investment in a leaseback property?
Rental investment in a leaseback property offers several advantages:
- You benefit from the advantageous tax status of the LMNP (Non-Professional Lessor of Furnished Accommodation) regime, allowing you to deduct actual costs (insurance premiums, fees, occupancy charges, upfront payments for condominium charges, property tax) and loan interest from your BIC (Industrial and Commercial Profits) income;
- You can claim back VAT, thereby owning an apartment that you finance tax-free;
- You receive a guaranteed fixed rent, whether the property is let or not;
- You obtain a profitable investment thanks to MGM residences’ reputation;
- You do not have to manage your own property and can still enjoy it for several weeks in the year.
Buying a second home in an outright purchase
Like a leaseback, you own 100% of the property when you buy into a outright purchase. This solution, however, enables you to manage your property yourself throughout the year.Unlike a leaseback, it will be up to you to furnish and personalise your property – however, our outright purchase apartments do come with a fully equipped bathroom and kitchen. For greater comfort, our residences also have private car parks, cellars and indoor swimming pools (depending on the residence).
This investment option offers several advantages:
- Year-round occupancy of the property whenever you like;
- Ability to decorate the property to your taste;
- Unlimited access to communal areas;
- Option to let the property as you see fit…
MGM luxury second homes
Invest in an upmarket second home
Whether you opt for a leaseback or an outright purchase, MGM brings you the benefit of its expertise and excellent services. Our group offers upmarket apartments in the mountain chalet style.
Each apartment possesses generous, bright living spaces. The emphasis is on using top quality equipment and fine, natural materials such as wood or stone. Combining comfort and aesthetics, the apartment design is ingenious and the workmanship rigorous. Our apartments also offer plenty of natural light and provide a welcoming space for the whole family to get together.
Enjoy an ideal location
A second home is synonymous with holidays, rest, family, pleasure and activities. MGM offers a number of different mountain resorts that each have their own identity and lifestyle. This way, you can invest in the village that suits you best.
To guarantee you a profitable investment, our residences are located in France’s most famous resorts: Tignes, Valmorel, Val Cenis, Chamonix, Les Carroz d’Arâches... but also in the most beautiful ski areas: L’Espace Killy, Les 3 Vallées, Les Portes du Soleil, the Mont-Blanc Massif...
At the foot of the slopes or at the heart of the resort, MGM has selected the best locations for you. In winter and summer alike, you can make the most of all the resort’s activities and entertainment: skiing, hiking, climbing, mountain biking… Just choose the location of your second home from MGM Constructeur’s extensive catalogue. Online, you can find plenty of advice on investing successfully in the mountains and discover all the advantages of owning a second home.