Overview
- The luxury hotel 'Maison Prestige Roberto Geissini,' located in Grimaud near Saint-Tropez, is set to be auctioned with a starting bid of €1.5 million.
- French authorities claim the Geiss family improperly benefited from property tax incentives, resulting in €7 million in alleged unpaid taxes from 2010 to 2022.
- The tax liabilities are tied to a Luxembourg-registered company owned by Robert Geiss, not the hotel itself, which continues normal operations.
- Robert Geiss has filed an appeal against the auction and expressed confidence in preventing it, calling the tax demands excessive.
- The family originally intended to resell the property within five years to meet tax benefit conditions but converted it into a hotel in 2015 after failing to find a buyer.