Les Fermes Emiguy - Moore Financial Group

LES
GETS
Les Fermes Emiguy
LES GETS
characteristics
LES FERMES EMIGUY
LES FERMES EMIGUY Residence
ADRESS OF OPERATION Route du Front de Neige (Lieu-dit LE CLOS) 74260 LES GETS
CONSTRUCTION PERMIT allowed on 15/06/09
APARTMENTS 74 units from studios to 3 bedroom apartments
Co-ownership charges: 18E/m²/year
Land tax : between 6 and 6,71€
CALENDAR DECEMBER 2011
STATUT FISCAL LMNP - SCELLIER Tourisme - BOUVARD
RESERVATION 5% of the sale price incl. tax, payable to Me CABOURDIN
LAGRANGE BACK OFFICE Contact Virginie Muzel – T: 00 33 4 37 24 90 90
GARANTEES Structural damage insurance in the construction contract,
Full completion, Two-year and Ten-year.
DEVELOPER FINANCIERE D’AUJOURD HUI
SCI LES FERMES EMIGUY
SALES MANAGER LAGRANGE PATRIMOINE
27/29, rue Bossuet – 69006 LYON
T: 00 33 4 37 24 90 90 – F: 00 33 4 78 24 39 34
www.lagrange-patrimoine.com
MANAGEMENT COMPANY Soderev - 19 rue d’ANTIN 75002 PARIS
INFORMATION and DRAFTING OF LEASES:
Mathilde Duvic T: 01 47 54 60 00
NOTARY Me CABOURDIN ARCHITECT Gilles Ottone
VAT REFUNDING CABINET Pierre MAGNIN
C HAR AC T E RIST ICS
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LES GETS
LES FERMES EMIGUY
advantages of the site
HAUTE SAVOIE
Situated in the heart of the Alpine range, discover the Haute-Savoie: the
land of the Mont Blanc. North of the Rhone-Alps region, on the borders of
Switzerland and Italy, as the seasons go by, the Haute-Savoie reveals an
exceptional environment. The Haute-Savoie benefits from an extraordinary
patrimony: parks and reserves, medieval cities, baroque churches and chapels,
abbeys and castles, museums. It also has a rich monastic past unknown to
most. To the rhythm of your walks and hikes, you will discover the abbeys of
Abondance, Sixt and Aulps…
While strolling along the Thiou canal, you will be charmed by the old
town of Annecy, which has been
given the name of the “Savoyard
Venice”. The lake blending its blue
waters with the verdant mountain
pasture offers the idyllic setting to
go for a swim or a boat ride.
With the Chamonix valley, the
treasures of the mountain are within reach : numerous and exceptional viewpoints are accessible
via ski-lifts and pedestrian footpaths. These different panoramas
are all situated around the valley,
in the heart of the Mont-Blanc
massif as well as in the Aiguilles
Rouges massif.
The Portes du Soleil domain: 650 km of great skiing!
This ski domain, one of the most varied in the world
extends over 12 village resorts of which Les Gets, Avoriaz,
Morzine… An immense area for gliding with never-ending
ski runs: 650 km of great skiing and emotion between France and Switzerland. Welcome to the skiers’ paradise! With
266 pistes, 10 snow parks spread out on various resorts
and exceptional snow coverage throughout the season,
even the most demanding have all they wish for.
ADVANTAGES OF T H E SIT E
3
LES GETS
advantages of the site
LES FERMES EMIGUY
LES GETS
Situated between Lake Geneva and the Mont-Blanc, in the heart of
the immensity of the Portes du Soleil ski domain, discover the village
resort of Les Gets (1172 – 2002 m) : a charming village dating from
the 11th century which has preserved over the years its character of
small mountain village typically Savoyard.
The Savoyard authenticity
In
winter…
>S
ports involving sliding or gliding
> Mountain hiking and snowshoeing
and also dog sledding, snowmobile,
cross country skiing…
> The Sarre farm, the Milka mauve
piste for the children to get their fill
of recreational activities
> Sledging and ice-skating to discover
the pleasures of gliding at all ages
…in
summer
>8
00 km of pedestrian footpaths
for the lovers of nature
> The paradise of mountain-biking :
650 km of mountain biking runs,
5 Bike Parks
> Hot air balloon flights, microlighting
and paragliding
> 18 holes golf course to drive facing
the Mont Blanc!
> Adventure Park: more than 86 games
over 7 courses.
> Lac des baignades (Swimming Lake):
water slides, playgrounds and multisports area…
> Acrobatic centre, « Sapaba » ceramic
painting workshop, farmer apprentices, the lake ranch…
A village with character and a piece of
paradise, Les Gets never ceases to charm the
contemplative ones, the ski amateurs and the
lovers of nature…
A village committed to eco-tourism
This ancient and preserved village has a
special commitment to remain in a controlled
and preserved environment. In 2003, Les
Gets resort resolutely committed to a policy of
sustainable development with the launching of
the project « Village » 2003/2013.
The label « Famille Plus Montagne »
The « Famille Plus Montagne » resorts distinguish themselves by the personalised
welcome given to old and young ones alike,
by the various activities they offer to children
and by a local medical service.
ADVANTAGES OF T H E SIT E
4
LES GETS
LES FERMES EMIGUY
advantages of the site
Ski domain of Les Gets
Slopes
Les Fermes Emiguy
Route du Front de Neige
Lieu-dit LE CLOS
74260 LES GETS
« Les Portes du Soleil » ski domain: 650 km of slopes
Les Gets
> 3 cabin lift, 15 ski-lift , 25 chair lift, 2 gondolas
3 green slopes
26 blue slopes
28 red slopes
9 black slopes
> 12 km of cross-country skiing.
ADVANTAGES OF T H E SIT E
5
LES GETS
CHAMPAGNEARDENNE
ALSACE
location map
LES FERMES EMIGUY
FRANCHECOMTÉ
NTRE
BOURGOGNE
Bourg-en-bresse
AUVERGNE
42
LOIRE
OUSIN
69
RHONE
Lyon
Saint-Etienne
01
AIN
LES GETS
74
HAUTE-SAVOIE
Annecy
RHÔNE
ALPES
Chambery
38
ISERE
73
SAVOIE
Grenoble
07
ARDECHE
Valence
26
DROME
PROVENCEALPES-CÔTE D’AZUR
S
LÉMAN
SUISSE
Thonon-les-Bains
LANGUEDOCROUSSILLON
CORSE
Genève
Annemasse
Les Gets
SUISSE
D9
02
A4
0
Samoëns
A40
A410
Access
By car
Take the A40 motorway – Cluses exit and then take the D902.
By train
22 km from the TGV station of Cluses
Tel. Bookings and information by dialling: 3665
www.sncf.com
By plane
55km from Geneva’s airport
170km from Lyon St-Exupery airport
By coach
Coaches depart from: Cluses, Thonon les Bains, Genève…
Departures and arrivals at the coach station of les Gets « La Soulane »
LOC AT IO N M A P
6
LES GETS
LES FERMES EMIGUY
location map
Site integration
Les Fermes Emiguy
Route du Front de Neige
Lieu-dit LE CLOS
74260 LES GETS
LOC AT IO N M A P
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LES GETS
the residence
LES FERMES EMIGUY
Les Fermes Emiguy
A
LAGRANGE PRESTIGE TOURIST RESIDENCE
In the heart of the resort, this superb residence Lagrange Prestige is
situated close to all amenities (400m from the Chavannes ski-lifts and
approximately 300 m from the piste of the Vieux Chênes).
Les Fermes Emiguy blends the charm and authenticity of Savoyard architecture with modern equipments.
Dressed of wood, the residence is composed of 74 apartments from studio to 3 bedroom flats and of 8 individual chalets.
« Spa & Bien-Être by Lagrange » area
For the après-ski or those who don’t ski, beauty
cares, massages and rituals are proposed for
a parenthesis of smoothness. A true invitation
to relax, these spas have been developed in
partnership with Decléor.
As well as a warm setting and a refined decoration, this Lagrange Prestige residence offers high quality facilities: outdoor and indoor heated
swimming-pool, whirlpool bath, a « Spa et Bien être » area, sauna,
steam room, fitness centre and also a laundry, a bycicle area and seminar rooms.
THE R E SID E N CE
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LES GETS
LES FERMES EMIGUY
the management company
Example of residences from the Lagrange Group’s prestige line
The role of the managing agent
The manager offers apartments for rental, on a daily, weekly or monthly basis, to a clientele made
exclusively of tourists. He/she:
> Pays a guaranteed, indexed rental income to the apartment owners,
in the form of a 9-year commercial lease;
> Looks after the owner’s property and takes care of operating charges and rental property
consumption (water and electricity);
>Offers the following services: international marketing, email, bedsheet and bathroom linen
rental, customized housekeeping, reception, assistance during the stay.
Presentation of the company
The lessee of the “Les Jardins d'Arvor - Ker An Aod” residence is the company Soderev (under the
Lagrange Prestige brand), Lagrange Group.
Lagrange was created in 1876 and has been operational in the tourist industry for over 35 years.
Lagrange is currently the European leader for furnished weekly rental property.
The Lagrange Group is:
>
>
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5 booking centres in Brussels, Geneva, London, Paris and Stuttgart;
the trust of more than 8,000 travel agencies;
over 3 million brochures published every year;
175 residences with a total of 68,000 beds.
THE MANAGEMENT CO M PA N Y
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LES GETS
LES FERMES EMIGUY
the management company
Example of residences from the Lagrange Group’s prestige line
"Tailor-made” know-how in high-range property
Made of a team of experts in the operating of high-range tourist residences, Soderev, under the
Lagrange Prestige name, is a property manager that provides operators, whether individuals or
groups, with its know-how, to help them manage their property.
Areas of activity
Feasibility studies
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>
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Analysis of sites and their potential.
Market study.
Validations and recommendations.
Business plan
Operation development assistance
>
>
>
>
>
Creation of legal and financial arrangements.
Definition of an administrative and legal framework adapted to projects.
Product and equipment definition.
Monitoring of the quality of facilities.
Reception and operation.
Marketing and operating of residences
>M
arketing: establishment of a marketing plan and sale of products on the main French,
European and long-haul tourist markets.
> Activity development: via the quality of facilities and services
(housing and food service) and the optimisation of results.
> Creation of operating, investment and reporting budgets.
> Administrative and accounting management.
> Employee management and training.
Our references
In the mountains
3- and 4-star Tourist Residences : Les Menuires, Belle Plagne, Plagne Village, Argentière, Valloire,
Saint-Gervais, Les Saisies, Plan Peisey, Samoë ns, les Coches, Les Arcs, etc.
By the sea
3- and 4-star Tourist Residences : Sainte-Maxime, Théoule, Torreilles, Morgat, etc.
In the countryside
4-star Tourist Residences : Ammerschwihr, etc.
THE MANAGEMENT CO M PA N Y
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LES GETS
LES FERMES EMIGUY
the management company
Example of residences from the Lagrange Group’s prestige line
NORD-PASDE-CALAIS
Villers
Houlgate
Cabourg
Mont-Saint-Michel
Beauvoir
Cancale
Saint-Briac-sur-mer
Morgat
Port-la-Forêt
Moelan
Le Pouldu
Rhuys
Carnac
Damgan
Quiberon
Penestin
Crouesty
Batz/le Pouliguen
Saint-Brévin
Saint-Michel Chef
Pornic
Notre-Dame-de-Monts
Saint-Jean-de-Monts
Brétignolles
Château d’Olonne
Jard/mer
Longeville/mer
Saint-Vincent/Jard
Tranche/mer
Vandre
La Palmyre
Les Mathes
Saint-Palais
Pontaillac
Saint-Georges-de-Didonne
Aureilhan
Messanges
PICARDIE
HAUTENORMANDIE
BASSENORMANDIE
LORRAINE
ÎLE-DE-FRANCE
CHAMPAGNEARDENNE
BRETAGNE
ALSACE
Ammerschwihr
PAYS-DE-LA-LOIRE
CENTRE
FRANCHECOMTÉ
Azay le Rideau
POITOU-CHARENTES
BOURGOGNE
AUVERGNE
RHÔNE-ALPES
LIMOUSIN
Bergerac
Saint-Martin d’Ardèche
Nyons
Gaujac
Paradou
Saint Cezaire/Siagne
Montauroux
Montignac
Cajarc
AQUITAINE
PROVENCEALPES-CÔTE D’AZUR
MIDI-PYRÉNÉES
LANGUEDOCROUSSILLON
Pau
Cauterets
Pla d’Adet
Saint-Lary Village
Saint-Lary Vignec
Luchon
Les Angles
Font-Romeu
Samoëns
St Gervais
Saisies
Brides les Bains
Argentière
La Toussuire
Les Coches
Champagny-en -Vanoise
Les Ménuires
Montchavin
Peisey Vallandry
Les Arcs
Val d’Isère
La Plagne
Valloire
2 Alpes
Serre-Chevalier
Port-Camargue
Grande Motte
Palavas
Vic la Gardiole
Frontignan
Barcarès
Torreilles
Sainte Marie
Saint Cyprien
Argelès
Sorede
Menton
Roquebrune
Villeneuve-Loubet
Mandelieu
Saint-Raphaël/Valescure
Boulouris
Fréjus
Saint Aygulf
Les Issambres
Sainte-Maxime
La Croix Valmer
Cavalaire
Lavandou
THE MANAGEMENT CO M PA N Y
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LES FERMES EMIGUY
practical information
Soderev - LAGRANGE USER’S GUIDE
You have entrusted or are soon going to entrust your customers' property to Soderev, under the Lagrange
Prestige brand, manager of the «Les Fermes Emiguy" in Les Gets (Haute-Savoie). To answer any
questions owners may have and to help them with their various administrative tasks, Soderev is providing
them with this small practical summary.
Owners may refer to this guide throughout their partnership with the company Soderev.
The entire Soderev team is at your service should you require any additional information.
LAGRANGE PATRIMOINE CONSEIL
Éric Lapierre.
Signing of the commercial lease
Signature of the commercial lease takes place about 3 weeks after your reservation. You will receive
your commercial lease in 4 copies, to be returned to Lagrange dully signed - 77, bd Berthier – 75017
PARIS – FRANCE, and represented by Mathilde Duvic.
When keys are handed over, property conditions will be reviewed on site, in the presence of the owner
and a Soderev representative.
When necessary, a detailed inventory will also be drawn up.
Two copies of these documents will be created and signed by the two parties; the owner will receive
one copy and Soderev will keep the other.
Acceptance of communal areas and equipment
It will take place between the Owner and the temporary managing agent.
Handing over of keys
The Owner generally provides a set of three keys that must be given to the
Lessee, who has legal responsibility for the apartment throughout the duration of the lease.
Monitoring of apartments
To safeguard owner property and assure its value, Soderev has set up an operational structure based
on a Central Operating Office, a Regional Office and a Residence Manager assisted by reception,
service and technical staff. The Residence Manager and Regional Director may be reached by
telephone or email. Their phone number and/or email address will be sent to you by the home owner’s
department.
PR AC TIC AL INFOR M AT IO N S
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LES GETS
LES FERMES EMIGUY
practical information
The Residence Manager is responsible for receiving customers, providing perfectly maintained
and liveable apartments, providing services and facilities included in our rates or sold individually,
assisting owners and customers during their stay, drawing up an inventory of fixtures at the end
of their stay, performing administrative and technical organisation and monitoring maintenance work
in the apartments and communal areas and equipment.
These services and facilities are fundamental to Soderev. Their goal is to satisfy vacationers and
owners and to enhance the value of owner-investor property.
Rent payment
This is automatically performed by Soderev, at the dates set in the lease. Payment is made by lettercheque and sent to the lease owner.
Any changes in the lease owner's address or marital status should be notified by mail to Soderev as
soon as possible.
Owner occupancies
Depending on the type of investment and the lease model, in the absence of clauses to the contrary,
owners have weeks where they may occupy their apartment for their personal use.
Twice a year, they will receive an occupancy request form around the 15th of June for winter season
and the 15th of November for summer season.
Upon receipt, they have two months to send back the form with their occupancy dates.
For winter, or from November to April included, they should send their requests before the 15th August
of each year and for summer, or from May to October included, by the 15th of January of each year at
the latest.
When occupancy is in accordance with the terms in the lease, owners will receive in return a copy of
the form with the word "BOOKED" on it.
They will then be expected at the residence to use their apartments at the agreed upon dates, with
no further formalities.
The apartment will be clean and the washroom disinfected; it should be left in the same state. If
owners do not want to perform the complete cleaning themselves, Soderev will take care of it instead.
A fee of 20e to 50e will be withheld and directly deducted from the rental income.
Upon arrival, owners may take advantage of Soderev’s VIP service on site for a fee of 39e. In this case
they will have sheets and household linens provided for them in their apartment; beds will be made
upon arrival and owners will receive a welcome gift.
If owners change their minds
Changes may be made at any time as long as they do not disturb the planned schedules. Owners should
contact the central scheduling office, who will study the request and do everything in their means to make
it possible.
PR AC TIC AL INFOR M AT IO N S
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LES GETS
LES FERMES EMIGUY
practical information
Soderev's "plus" services
• Customised owner reception.
• Access to various free services.
• The exchange market.
• Map of France with resorts.
When owners know in advance that they do not want to stay in their apartment, they simply need to
tick the exchange market box on the occupancy form and indicate the region they are interested in.
It will take eight weeks to process the request after it is received.
Payment for weeks is made according to season (high-, mid-, or low-season).
This is of course different depending on whether the residence is located by the sea or in the mountains.
For example, a week in February at “Les Arcs” corresponds to a week in August at “Sainte-Maxime.”
Signing a lease with Soderev, a company of the Lagrange Group, leading European distributor, opens
new horizons for owners: all of France, but also Spain, Portugal, Italy, Switzerland and Austria offer
them extremely preferential conditions. Via the system of rent income payment, they can also have
their holidays financed free of charge. Vacation can be directly deducted from their income, so they
don’t have to advance money or worry about payment (deposits, balances, etc.)
THE LAGRANGE GROUP PROMISES YOU .....
1. The right to change your mind
You opted for a contract giving you personal occupancy rights, or, on the contrary, when you bought your
apartment, you did not think you would be using it yourself. You can, subject to the agreement of the
home owner’s department, modify the original contract at the end of the first three years and choose
a different investment package.
2. The right to return unused weeks of occupancy
You opted for a leisure package and are unable to use up all your weeks. You may give these weeks
back to the manager, who will pay you 50% of the public price for the weeks effectively rented out.`
3. The right to a personal welcome
LAGRANGE adds that personal touch to make your stay more pleasant:
Household linen is provided and, if your residence has the facilities, you are entitled to use the sauna
or steam room twice, free of charge, during your stay.
4. The right to take a break more often, and to pay less
Need a change of scene? With LAGRANGE, it’s possible!
Exclusively for Lagrange Prestige, Lagrange Confort+ and Lagrange Classic lines
Make the most of our last-minute weekend packages (Friday, Saturday/Sunday, or Saturday/Sunday/
Monday). For just 40e, you can take off for the weekend wherever you please (subject to availability,
and provided that you book on Thursday at the latest).
LAGRANGE will be delighted to provide your bathroom linen free of charge.
5. The right to freedom
With an exchange market valid on over 175 residences spread out over more than 100 resorts in
France, you have the world at your fingertips, for a small fee of 59e per stay.
PR AC TIC AL INFOR M AT IO N S
14
LES GETS
the developer
situation
LES FERMES EMIGUY
Morgat
FINANCIÈRE D’AUJOURD’HUI
For about 15 years now, Financière d’Aujourd’hui has been managing the development of various programmes.
Financière d’Aujourd’hui has sharpened its know-how through the diversity of its constructions, notably main houses
and leisure residences, in the main regions of France and more particularly in Northern Alps. This programme of
exception is the 4th one realized in association with the group Lagrange.
Flaine
Flaine
THE DE V E L O P E R
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LES GETS
LES FERMES EMIGUY
investment
Attractive taxation
For the purchase of a freehold apartment in a tourist area with a commercial lease entitling a
specialised company to operate the property as a tourist residence
VAT reimbursement
The amount of VAT related to the purchase of the apartment is reimbursed to the owner
by the French tax administration (reimbursement procedure handled by our services).
The owner has the status of a non-professional lessor of furnished accommodation or a professional
lessor of furnished accommodation if his income from furnished letting of accommodation exceeds
the annual threshold of € 22,867.35
For non-professional lessors of furnished accommodation (LMNP), rental income is declared in the
BIC (industrial and commercial earnings) category. Tax losses generated by the purchase can thus be
offset off against income of the same type.
Unlike non-professional lessors of furnished accommodation, professional lessors of furnished
accommodation (LMP) can offset their losses against their overall income.
Non-professional lessor of furnished property
Legal and tax aspects
Furnished property rental is a commercial business in terms of taxes that, insofar as income tax
is concerned, belongs to the category of BICs (Bénéfices Industriels et Commerciaux) and not that
of real estate income. If the owner is a company subject to company taxes, those taxes would be
applicable.
Rental in the owner’s own name or via a EURL or a family SARL would allow BIC profits to be taxed
with the IR (Income Tax).
Accounting repercussions
> Deductibility of loan interest.
> Deductibility, subject to certain conditions, of various fees (land taxes, accounting fees,
etc.).
> Deductibility of amortisations or around 4% per year for buildings and 10 to 20%
per year for furniture.
Tax repercussions
Loss may be offset for five years against income of the same nature.
INVE ST M E N T
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