Mistral Promotion

Independent property developer · 35 years of experience

ABOUT

MISTRAL PROMOTION, an independent property developer, was founded on the expertise and passion of residential real estate professionals with over 35 years of experience. Working across the Bouches-du-Rhône and western Var, our mission is to design projects of exceptional quality on carefully selected sites, creating truly unique places to live.

35+

years of experience

11

developments

8

towns

THE TEAM

Catherine FLAMAND

Catherine FLAMAND

Co-gérante

Frédéric SELLE

Frédéric SELLE

Co-gérant

Laurène LUCY

Laurène LUCY

Responsable développement

OUR VALUES

PASSION

Placing an uncompromising commitment to quality at the heart of every project we deliver to create exceptional developments is a mission that demands unwavering enthusiasm and relentless determination.

LOCAL ROOTS

An in-depth knowledge of the areas in which we operate enables us to identify outstanding sites and create homes that meet the exacting standards of our clients.

LISTENING

As a boutique developer, we cultivate a bespoke relationship with each of our clients, giving them our full attention at every stage of their project and ensuring their complete satisfaction.

CREATIVITY

The cornerstone of everything we do, it drives our curiosity and allows us to craft innovative solutions alongside our partners.

RESPONSIBILITY

Embracing environmentally conscious construction methods is essential to ensuring the quality and lasting value of every one of our residences.

COMMITMENT

Rigorous in our choice of partners, we work with recognised professionals from across the property sector to guarantee the flawless, on-time delivery of every development.

OUR CRAFT

The property developer takes the initiative in delivering the real estate operation intended for sale, arranges the insurance policies and secures the financing from its banking partners that is essential to the smooth running of the project. By initiating and overseeing the project, the developer is the conductor of the operation, acting as the project owner.

THE KEY STAGES ARE:

  1. 1

    Sourcing building land

  2. 2

    Assessing the feasibility of the project against planning and zoning regulations

  3. 3

    Filing and obtaining the building permit and acquiring the land

  4. 4

    Defining the sales and marketing strategy

  5. 5

    Off-plan sale (VEFA) of the homes

  6. 6

    Construction of the building

  7. 7

    Handover of the residence to the buyers

  8. 8

    Post-handover follow-up covering the clearing of snagging items and the Guarantee of Perfect Completion (GPA)

OUR GUARANTEES

THE FINANCIAL COMPLETION GUARANTEE (GFA)

Under French law, within the framework of the off-plan sale (VEFA), the GFA fulfils the obligation set out in Article L.261-1 et seq. of the French Construction and Housing Code (CCH). It gives the buyer the assurance that, should the developer default, the financing needed to complete the building is guaranteed. Since 1 January 2015, the law requires the developer to provide buyers with an extrinsic guarantee, backed by a third-party guarantor such as a bank or an insurer.

THE GUARANTEE OF PERFECT COMPLETION (GPA) — 1 year

The guarantee of perfect completion covers all defects and workmanship faults recorded on the handover report or arising during the year following the date of that report. Should such damage occur, the builder is required to carry out the repairs at its own expense.

THE TWO-YEAR GUARANTEE

The two-year guarantee is a warranty covering property construction, provided for by article 1792-3 of the French Civil Code. Also known as the guarantee of proper functioning, it covers defects affecting the correct operation of equipment elements that can be separated from the structure of the building — that is, that can be removed or replaced without damaging the construction (doors, windows, blinds, taps and fittings, heating, electrical systems, etc.).

THE TEN-YEAR GUARANTEE

The ten-year guarantee is the warranty owed by the builder, covering the repair of certain types of damage that may affect the construction for a period of 10 years from the handover of the works. The damage covered is that which compromises the structural soundness of the building and of the equipment elements that cannot be separated from the foundation, framing, utility, weatherproofing or roofing works without damaging the construction, as well as damage liable to render the building unfit for its intended purpose. Such damage may concern the roof, the framework, the walls, and so on.

OUR PARTNERS

A true conductor, MISTRAL PROMOTION places collaboration and collective intelligence at the heart of every project. To guarantee outstanding quality, we surround ourselves with trusted partners who are experts in their fields, passionate about their craft and committed to each of our developments.

Banque Populaire Méditerranée

BANQUE POPULAIRE MEDITERRANEE supports Mistral Promotion in financing its developments, providing bank guarantees, completion guarantees (GFA) and tailored lending facilities. Founded by entrepreneurs, for entrepreneurs, the Banques Populaires today form France's 4th largest banking network. A cornerstone of the regional economy and a trusted partner, Banque Populaire Méditerranée and Caisse d'Épargne Côte d'Azur stand behind the bold ambitions of all those who dare to build.

Caisse d'Épargne Côte d'Azur

CAISSE D'ÉPARGNE CÔTE D'AZUR supports Mistral Promotion in financing its developments, mobilising bespoke solutions such as bank guarantees, completion guarantees (GFA) and tailored lending facilities. A leading force in the regional economy, Caisse d'Épargne Côte d'Azur thereby reaffirms its commitment alongside entrepreneurs, championing their ambition and actively fuelling the economic vitality of the territory.

Eurosud Swaton

The brokerage firm EUROSUD SWATON specialises in Corporate Insurance and in the risks tied to the Real Estate and Construction professions (Developers, Designers, Contractors and more). With a team of around thirty and led by the SWATON family — a name renowned in French insurance for close to a century — EUROSUD is one of the market's foremost players across the PACA region.

LEM'S MO

LEM'S MO partners MISTRAL PROMOTION across every technical phase of its projects, from initial design through to full on-site project management. LEM'S MO is a multi-disciplinary engineering practice delivering project management and consulting engineering services in the building and property development sector.

Emerson's

EMERSON'S is one of Mistral Promotion's key partners for marketing its new-build off-plan (VEFA) developments. The company markets new-build real estate around five guiding values: "Adaptability – Responsiveness – Perseverance – Creativity – Expertise".

Unicil

A partner of MISTRAL PROMOTION on the Ô VILLAGE development in Le Castellet, UNICIL is a social housing provider committed to building and managing high-quality affordable homes across the PACA region. With residents' well-being at its heart, UNICIL is dedicated to delivering accessible, sustainable housing solutions that enhance quality of life throughout the region.

Famille & Provence

A partner of MISTRAL PROMOTION, FAMILLE & PROVENCE acts as social housing provider on the MILLÉSIA development in Les Milles, Aix-en-Provence. Placing harmony between modern comfort and respect for the environment at the forefront, FAMILLE ET PROVENCE is committed to delivering quality residences that are a pleasure to live in, meeting the needs and aspirations of every family.