Table of Contents
- Introduction
- Investment Options
- Property Features and Amenities
- Financial Considerations
- Flexibility and Usage
- Sustainability and Environmental Impact
- Ownership and Legal Aspects
- Conclusion
Introduction
Imagine owning a property in the French Alps that combines luxury living with smart investment potential. This is what MGM properties offer, nestled in some of the most breathtaking locations in the mountains.
With over 60 years of experience in developing ski properties, MGM has earned a reputation for quality and attention to detail that's hard to match.
As MGM states:
"With MGM, whether for investment or lifestyle purposes, you're not just purchasing a home – you're investing in an exceptional experience."
Whether you're looking for a holiday home or a savvy investment opportunity, MGM's range of properties caters to various needs and preferences. From ski-in, ski-out chalets to apartments in the heart of vibrant alpine villages, each property is designed to provide comfort, style, and lasting value.
In this guide, we'll explore the unique features of MGM properties and the two main ownership options available. We'll delve into the benefits of each, helping you understand which might best align with your goals and lifestyle.
Investment Options
Leaseback Properties
The leaseback option offers a unique blend of personal usage and hands-off property management, making it an attractive choice for many buyers.
When you opt for a leaseback property with MGM, you're essentially buying into a professionally managed setup. MGM takes care of everything from maintenance and insurance to marketing and rentals. This means you can enjoy your alpine retreat without the usual headaches of property ownership.
As MGM explains:
"Investing in a Leaseback property means everything is managed seamlessly by our team. During your holidays, you'll enjoy free and unlimited access to various relaxation facilities, including swimming pool, children's pool, sauna, hammam, Nordic bath, hot tub, sensory shower, gym, game rooms: billiards, board games..."
One of the most appealing aspects of the leaseback model is the immediate 20% VAT saving on your property purchase.
This tax advantage, combined with guaranteed rental income, can significantly offset your investment costs.
Outright Purchase
For those seeking full control over their property, the outright purchase option provides complete flexibility and autonomy.
With an outright purchase, MGM acts solely as the property developer, delivering a high-quality home without ongoing management services.
This option suits buyers who prefer hands-on involvement or plan extensive personal use of the property.
MGM describes this option as follows:
"When considering an outright property purchase, we become exclusively your property developer. This grants you full control over your mountain home, allowing you to use it whenever you want or engage in private rentals."
While outright purchase doesn't include access to shared leisure facilities, it offers unrestricted use of your property. You can visit anytime, for as long as you like, and even make modifications to suit your preferences.
Comparing Leaseback and Outright Purchase
Choosing between leaseback and outright purchase depends on your personal goals, usage plans, and management preferences.
Both options offer unique advantages, and your choice will depend on how you balance personal use with investment potential, and how much involvement you want in property management.
Property Features and Amenities
MGM properties are strategically located to offer the best of alpine living. Many boast ski-in, ski-out access, allowing you to hit the slopes moments after finishing your morning coffee.
For those who prefer to be in the heart of the action, there are residences nestled in the bustling centres of renowned ski resorts.
Step inside an MGM property, and you'll immediately notice the attention to detail. Natural materials like wood and stone blend seamlessly with modern design, creating a warm, inviting atmosphere that's quintessentially alpine.
Large windows frame the mountain views, while spacious balconies offer a private outdoor retreat.
For leaseback property owners, the amenities extend far beyond your front door. Many residences feature spa-like facilities including indoor pools, saunas, and fitness centres.
Financial Considerations
When it comes to ongoing costs, MGM provides clear, detailed breakdowns upfront.
For leaseback properties, you're looking at around 33 euros per square metre per year for service charges, which cover most of your expenses. Property tax is typically 12-15 euros per square metre annually.
For outright purchases, MGM notes:
"Service charges range from 20-24 euros per square metre per year. However, you'll also need to consider additional expenses such as utilities, maintenance, repairs, and commission fees for rental management agencies."
The true value of these properties goes beyond the numbers. The combination of prime location, high-quality construction, and the potential for both personal enjoyment and rental income makes MGM properties a solid investment in one of the world's most beautiful locations.
Flexibility and Usage
MGM properties offer remarkable flexibility in usage. For leaseback properties, you typically get 2, 4, or 6 weeks of usage during both winter and summer seasons. But there's more flexibility than you might expect:
"One high-season week can be exchanged for three low-season weeks. This means you could potentially schedule your stay for 2 weeks in mid-January and for end of the season from March 23rd to April 20th."
Moreover, MGM offers a discovery exchange program, allowing you to swap your weeks for stays at other MGM residences throughout the French Alps. It's like having multiple holiday homes for the price of one.
For outright purchase owners, the flexibility is even greater. Use your property whenever you want, for as long as you want, truly making it your home away from home.
Sustainability and Environmental Impact
MGM is committed to sustainable development, as evidenced by their Green Key certification. This prestigious label requires adherence to 60 stringent criteria covering everything from waste management to energy conservation.
MGM's commitment to sustainability extends to daily operations:
"To support our sustainability efforts, we encourage guests to participate in simple, everyday actions. For example, for waste disposal, there are three bins in each accommodation for selective sorting, and a composter is available for organic waste."
When you invest in an MGM property, you're not just buying a home; you're becoming part of a community that cares deeply about preserving the natural beauty of the Alps for future generations.
Ownership and Legal Aspects
One of the most attractive features of MGM properties is the ownership structure. Whether you choose a leaseback or outright purchase, you'll own 100% of the freehold from day one. This means you have a tangible asset that can appreciate over time.
Insurance is comprehensive and hassle-free. As MGM states:
"MGM ensures the apartments in a tourist residence for the duration of the lease against fire, water damage, and rental risks. If owners desire additional coverage, they have the option to opt for the 'Non-Occupant Owner's Insurance'."
If your circumstances change and you need to sell, there are no penalties for selling a leaseback property before the end of the term. For outright purchases, you have complete freedom to sell whenever you choose.
Your Alpine Dream Awaits: The MGM Advantage
As we've explored throughout this guide, MGM properties offer a unique combination of luxury, investment potential, and sustainable living in the heart of the French Alps.
Whether you're drawn to the hassle-free approach of a leaseback property or the complete control of an outright purchase, MGM has options to suit various preferences and lifestyles.
From the stunning locations and high-end amenities to the flexible usage options and strong legal framework, every aspect of MGM properties is designed with the discerning buyer in mind.
Add to this the company's commitment to sustainability, and you have a property that not only provides personal enjoyment but also contributes positively to the local environment and community.
Investing in an MGM property is more than just buying a holiday home; it's embracing a lifestyle that balances luxury with responsibility, and personal enjoyment with smart financial planning.
As the appeal of alpine living continues to grow, both for winter sports and year-round activities, an MGM property represents not just a home in the mountains, but a gateway to a richer, more fulfilling way of life.
Ready to take the next step towards your alpine dream? Explore MGM's current properties to find your perfect mountain retreat, or contact an MGM advisor today to discuss how we can help you make your Alpine investment a reality.
Your journey to owning a piece of Alpine paradise starts here!
