Pierre & Vacances, London
Pierre & Vacances (P&V) is Europe’s leading tourism property development and management company. With the creation of the first car-free ski resort in Avoriaz, France in 1967, Pierre & Vacances started the journey towards becoming leaseback market leader, adopting the model in 1979. The company is now listed on the French stock market, and has an annual turnover of €1.42 billion. For almost 30 years, the recessions of the early 80s, the housing crash of the 90s and the dot com bubble, P&V has always provided its investors with the guaranteed returns it promised. During that time, the company has marketed over 250 residences in the best locations in Spain, Italy and the French Caribbean, as well as France. It now has 49,000 individual units under its management. Over 6.9 million tourists annually choose to spend their holiday in a P&V property.
Investors in a P&V leaseback property generally have the option to choose a formula that allows them to stay at their property for a number of weeks each year for a reduced rental guarantee. These weeks may also be used in other equivalent properties in one of 250 other P&V residences across Europe. In addition, all owners have the benefit of a 15-20% discount for all stays at P&V properties.
In addition to building and managing its properties, P&V also sells and re-sells its real estate to investors through a very efficient re-sales network enabling investors to sell their Pierre & Vacances properties during or after the lease period.
Contact details
Pierre & Vacances Unit11, Elysium Gate, 126-128 New Kings Road, LONDON SW6 4LZ