What Groupe Terrésens does

Groupe Terrésens is a privately held French real estate developer and manager specializing in luxury second-home and leisure properties across the French Alps and coastal Portugal. Founded in Lyon and operating since 2008 under the leadership of President Géraud Cornillon and General Director Arthur Derrey, the group runs a vertically integrated model covering design, development, commercialization, financing, and post-sale rental management — marketed as a "360°" specialist in managed second-home real estate. Customers are predominantly affluent individual buyers (French investors, British post-Brexit buyers, and Portuguese property seekers), serviced through a 24-person direct sales team and channels including banking networks and wealth management advisors.

The commercial architecture is executed through a network of subsidiaries: Immoé handles sales and marketing of new programs; Terrésens Vacances and the Terrésens – Hôtels & Résidences (THR) brand operate CRT (Copropriétés Résidentielles de Tourisme) properties and short-term rentals; 606 Valorisations (€68 million debt facility) and Terrésens Financière (10% fixed + 5% performance bond instruments) provide in-house capital; Daddy Pool represents a modular aparthotel concept; and Terréssens Portugal (70%-owned), Terrésens Atlantique, and field offices in Nice and Combloux handle regional and international execution. The technology stack is conventional — a multilingual website, Zoho CRM, Habiteo virtual tour integration, and property management systems — without disclosed proprietary AI/ML capabilities. Distribution spans eight offices: Lyon (headquarters), Paris, Le Bourget du Lac, Nice, Combloux, London, Geneva, and Lisbon.

Revenue is generated through property development margins on new apartment and chalet sales (units priced from €161,750 to over €418,150), recurring rental and management fees from the CRT portfolio, hospitality revenue from THR bookings, and financial structuring income. The group is family-/founder-controlled with no disclosed institutional or private-equity ownership, €4 million in registered share capital, and revenue figures that are not publicly disclosed in available materials. Ongoing programs span at least 14 named residences across French ski resorts (Les Deux Alpes, Megève, Vaujany, Alpe d'Huez, Combloux, La Plagne, Serre Chevalier, La Rosière, Les Saisies, Notre-Dame de Bellecombe, La Salle les Alpes) and La Réserve in the Comporta/Carvalhal region of Portugal.

Name

Groupe Terrésens

Legal name

TERRESENS

Website

https://terresens.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Groupe Terrésens is a French vertically integrated real estate developer and manager that builds, sells, finances, and manages luxury second-home residences in the French Alps and Portugal for affluent individual buyers through multiple specialized subsidiaries.

Ownership category

akta.pro rank

Product category

Leisure Real Estate Development

NAICS

Residential Property Managers (531311), Traveler Accommodation (7211)

SIC

Real Estate Agents & Managers (For Others) (6531), Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Full-Service Vacation Rental Property Management (BPAJAIAA)

akta.pro secondary industries

New Development / Declarant Transition Management (BPAJAHAK), Condominium Association Management (BPAJAHAA), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Leisure real estate development
• Luxury mountain residences
• Property management services
• Second home ownership
• Alpine vacation rentals

Headquarters

HQ city

Lyon

HQ country

France

HQ region

Europe

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Property Development and Sales: Primary revenue stream from developing and selling new high-end apartments and chalets in premium mountain and coastal locations. The company acts as both developer (promoteur) and commercializer, generating revenue from property sales margins.
2. Property Management and Rental Services: Revenue from managing Copropriétés Résidentielles de Tourisme (CRT) on behalf of property owners, including rental management, concierge services, maintenance coordination, and seasonal occupancy optimization.
3. Terrésens - Hôtels & Résidences: Direct rental revenue from operating hotel residences and serviced apartments in ski resorts and coastal locations, offering premium accommodation to holidaymakers.
4. Financial Structuring (606 Valorisations): Subsidiary financing operations raising debt financing (68 million euros) to carry up to 30% of the group's real estate development programs.
5. Investment Structuring (Terrésens Financière): Raising capital from private and institutional investors through bond instruments offering fixed returns (10% fixed plus 5% performance-based) to fund property development equity.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Groupe Terrésens is a vertically integrated real estate developer specializing in premium leisure (second-home) properties in the French Alps and coastal Portugal. The group develops, commercializes, and sells high-end apartments and chalets, and manages these residences through its CRT (Copropriété Résidentielle de Tourisme) model that allows owners to rent seasonally while retaining personal use rights. It also operates short-term vacation rentals under the Terrésens Hôtels & Résidences brand and the Daddy Pool aparthotel concept.

Product overview

Groupe Terrésens operates as a vertically integrated real estate developer specializing in leisure and second-home properties in the French Alps and coastal Portugal. The group's portfolio comprises distinct brands and subsidiaries working in concert: Terrésens – Hôtels & Résidences (THR) handles vacation rental operations; Daddy Pool offers an innovative aparthotel concept; Immoé commercializes new property programs; Terrésens Vacances manages Residential Tourism Co-ownership (CRT) properties; while Terrésens Financière and 606 Valorisations provide financing solutions. The group develops resort programs including La Réserve in Portugal and numerous mountain residences across French ski resorts such as Les Deux Alpes, Megève, Vaujany, Combloux, La Plagne, and La Rosière.

Differentiator

Problem solved

Functional benefit

Brands

• Terrésens – Hôtels et Résidences: Premium short-term rental service for apartments and chalets in French Alpine resorts including Megève, Les Deux Alpes, Les Saisies, Combloux, and Serre Chevalier.
• Daddy Pool

Products and services

• Terrésens Hôtels & Résidences (THR) Vacation rental brand offering premium apartments and chalets for short-term stays in French Alpine resorts (Megève, Les Deux Alpes, La Plagne, Combloux, Serre Chevalier, Les Saisies), with housekeeping, maintenance, and concierge support.
• Daddy Pool

Quantifiable outcome

• Rental profitability up to 5.30% gross HT on property value
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and secondary.

• Terrésens PortugalcoreStrategic or Co-development Partner · 1 January 2017Portuguese subsidiary created in 2017, 70% owned by the group, focused on developing tourism projects in Portugal including the La Réserve resort in Comporta/Carvalhal.
• Terrésens Vacances (Subsidiary/Brand)coreStrategic or Co-development Partner · 1 January 2013Subsidiary created in 2013 to manage Copropriétés Résidentielles de Tourisme (CRT). Since 2015, operates under Terrésens – Hôtels et Résidences (THR) brand managing apartments on behalf of property owners including housekeeping, maintenance, and common area coordination.
• ImmoécoreChannel Partner/ Reseller/ DistributorCommercialization subsidiary handling sales and marketing for all group property developments across French and international markets, operating with own real estate consultants and partner networks.
• Daddy PoolsecondaryStrategic or Co-development PartnerNew concept operated by the group managing boutique hotels or hotel residences in prime ski resort locations featuring hybrid apartment units (junior suite + master suite with kitchen) that can be rented together or separately.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Regional players

• Locasun: French vacation rental platform specializing in holiday rentals across France (Alps, South, Atlantic coast). Comparable at the vacation rental distribution and management level for French leisure properties, though primarily a marketplace rather than integrated developer-manager.

Direct peers

• Cimalpes: French luxury ski real estate developer and rental manager operating in the same French Alpine resorts (Megève, Courchevel, Val d'Isère, Les Arcs, Meribel) as Terrésens. Direct competitor in the development and high-end vacation rental of premium mountain residences.
• MGM Constructeur: Savoie-based developer of high-end Alpine residences (chalets and apartments) across French ski resorts including Les Deux Alpes, Les Arcs, La Plagne, Tignes, Val Thorens. Closely comparable in product (premium mountain residences), geography, and integrated developer-manager business model.

Broad incumbents

• Nexity: France's largest integrated real estate developer with significant activity in residential development, property management, and serviced residences (Nexity Studéa, etc.) across France. Comparable at the property development level though operating across broader segments than Terrésens's luxury leisure focus.
• Compagnie des Alpes: Operator of the largest French ski resorts and a major shareholder in Pierre & Vacances. While primarily a ski lift operator, it shares the same French Alpine customer base and is exposed to the same underlying snow-reliance and tourism cycles as Terrésens.
• Pierre & Vacances: France's largest vacation real estate operator (Pierre & Vacances, Center Parcs, Maeva brands) developing and managing leisure residences across France and Europe. Operates at significantly larger scale and broader price points than Terrésens but overlaps directly in residence development and managed rental.
• Bouygues Immobilier: Major French residential and commercial real estate developer. Operates at much larger scale and broader price points than Terrésens but competes in the same French property development market, particularly for new-build residential programs in mountain and coastal destinations.
• Club Med: Global operator of upscale all-inclusive resorts, including mountain resorts in the French Alps. Comparable at the luxury leisure hospitality and resort development level, particularly via its 'Club Med Resorts' owned/managed real estate model — overlaps with La Réserve and Daddy Pool concepts.

Emerging players

• Belambra Clubs: French operator of premium vacation clubs predominantly in French mountain and coastal resorts. Comparable as a managed leisure accommodation operator in the same French Alps geography, though it focuses on club/rental model rather than real estate ownership/development.

Others

• Foncia: France's largest residential property management and real estate services group (syndic, rental management, transactions). Comparable at the property management and co-ownership administration level, relevant to Terrésens Vacances' CRT management and concierge operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/groupe-terr-sens

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Groupe Terrésens