Investment in the hospitality sector – GRASSE – Managed residential property

A programme for investors in the hospitality sector: An exceptional project to create a student residence offering a range of services to its residents, who will be accommodated in bright, comfortable and well-designed studio flats…

A development aimed at investors in serviced accommodation. AN EXCEPTIONAL TRANSFORMATION Discover an exceptional and unique project in the heart of Grasse: a development for investors in serviced accommodation that has been brought to life within the town’s former prison. Listed as a historic monument, this building has enjoyed resounding success by transforming its main hall into a multi-purpose space dedicated to a variety of events. A UNIQUE OPPORTUNITY Today, this renowned venue has been converted into a student residence for investors in the hospitality sector, offering a truly unique investment opportunity. Combining modernity and elegance, this project meets the needs of students seeking accommodation in the immediate vicinity of their educational institution. A WORLD TAILORED FOR 18–30-YEAR-OLDS Designed as a cohesive concept, this investor-managed residence is part of a world tailored to meet the expectations of young people aged 18 to 30. The entrance hall welcomes residents with smart letterboxes and a dedicated reception desk, offering a friendly experience from the moment they arrive. Indoor relaxation and study areas, as well as landscaped communal gardens, create an environment conducive to student life. PRIME LOCATION NEAR THE CAMPUS This residence enjoys a prime location, situated right next to the new GRASSE CAMPUS Le Palais university campus. Furthermore, it is within easy reach of all amenities, such as public transport, schools, the town centre, museums and markets. This makes it a rare property offering an exceptional living environment for living, studying and enjoying leisure activities. COMFORTABLE AND WELL-DESIGNED ACCOMMODATION All the flats in this student residence, designed for investors in the hospitality sector, feature a bright living area, with a layout optimised to meet students’ needs. The interior design firm has selected tasteful décor, reflecting current trends, as well as high-quality furniture to provide all the necessary comfort. A UNIQUE TRANSFORMATION In short, this scheme for investors in the hospitality sector in Grasse offers a unique opportunity to invest in an innovative project, in the heart of a town steeped in history. This investor-managed residence, specially designed for students, offers a modern living environment, welcoming communal areas and an ideal location close to university campuses and local amenities. Explore this exciting investment opportunity in Grasse. FEATURES: -Bright, comfortable, well-maintained and optimised flats -Landing doors with 3-point security locks -Soft flooring -PVC wall panelling in bathrooms and shower rooms -Smooth paint finish -Fitted cupboards -Centralised hot water supply -Reception desk -Concierge service (on-site and online) -‘À la carte’ activities in communal areas -Relaxation areas -Shared garden -Chill & work area -Lounge area -Shared kitchen -Laundry room (connected and remotely programmable)

Para-hotel accommodation involves offering, under conditions similar to those provided by hotel-style accommodation, at least three of the following four services: - cleaning - breakfast - provision of linen - reception Parahotel activities fall under the ‘BIC Option réel’ tax regime and are subject to VAT due to the provision of parahotel services. Not only can you deduct all actual expenses relating to the property, including depreciation, so that you are taxed on the actual profit from the business, but you can also reclaim VAT on the purchase price, as well as on estate agent’s fees, solicitor’s fees and renovation costs…! For further information, please contact us!

Approximate location, provided for guidance only.