 | | Maintenance of the property:
This a hassle free investment for the owner as the maintenance of his property is entirely taken care of by the management company (CGH Residences) throughout the lease period. CGH Residences will run the residence as a hotel of self-contained apartments: when arriving in your apartment for your holidays, your apartment is clean, the beds are done, there are towels in the bathrooms, etc. CGH Residences will maintain all apartments, furniture and equipment (repairs, replacement, etc) at no cost for the owner. When the lease has expired the property will be returned to the owner in very good condition (apart from the "fair" wear & tear).
Charges:
The management company CGH will pay all the bills (water, electricity, heating, insurance, service charges, taxe d'habitation,...).
The owner pays a part of the service charges fixed for the entire term of the lease at 20 euro / sqm / year (plus 10 euro /sqm/year for surfaces with ceiling lower than 1,80 m). (In some locations, they may vary in line with inflation, please ask us for details). ("Le Coeur d'Or" in Bourg Saint Maurice has lower maintenance charges).
The owner will also pay the taxe fonciere.
Arranging the occupation:
The owner will be given priority on the choice of his weeks (as long as he returns his booking forms by the 30th of August for the winter season and by the 15th of February for the summer season).
For the option with rental income or the option with price reduction, the owner will have the possibility, for a fixed fee of 70 euro/week, to exchange his weeks for other weeks in other CGH residences (Tignes, Sainte-Foy, La Rosiere, Vallandry, Plagne Soleil, Chamonix Saint-Martin-de-Belleville, Les Saisies, Les Menuires, Samoens, Les Carroz, Le Chinaillon, Les Houches, Serre Chevalier, Montgenevre... Facilities:
Most MGM Residences feature facilities such as swimming pools, hot baths, gyms, health suites, steam rooms, saunas, etc. (except "L'Oree des Neiges" in Serre Chevalier which will offer a reception only). The access to the swimming-pool, hot baths, saunas, steam rooms and gym is free of charge.
The "Spa and Beauty centres" offer a range of massages, treatments, etc which are available on a "pay as you go" basis. The owner benefits from a 15% discount on all beauty massage. |