YOUR ART, YOUR STATUS
Bluart Gallery is an independent art collection leasing service provider.
Leasing or renting is an alternative to purchasing works of art for your company. It is an alternative solution to purchasing works of art. With art leasing, as the name suggests, you can rent works of art such as paintings, photographs, etc. for an agreed period of time. This is an attractive offer for companies, art institutions, financial groups, conference centres, hotels, homes and all places where interiors are constantly being changed. Hiring artwork thus becomes a convenient and practical option.
The leasing fee is 100% tax deductible.
The main reason why most companies prefer leasing to buying works of art is that leasing is a way to reduce taxes. In fact, leasing is 100% tax deductible, which means that all payments made for the artwork are tax deductible.
For any for-profit company, this means a substantial saving on the real cost of acquiring artwork through rental. You could save 20% on your leasing fees.
Professionalising the workspace
Works of art have always been synonymous with class and sophistication. Especially in a workspace or office, they help create a professional environment. It also creates a better and more interesting space for employees to work. In addition, companies have the advantage of adding these leased artworks to their operating expenses, helping to reduce taxes.
Art Leasing
With so many advantages in the hat, art leasing has gained popularity due to its asset utilisation capabilities, tax advantages, the possibility of settling agreements and cost-effectiveness compared to purchasing artwork.
Capital preservation
Leased or rented artwork is added to the list of operating expenses, resulting in significant savings for the company in the form of tax deductions. These savings can be used for other capital expenditure. 10% to 25% is only the estimated average return after tax.
Credit Prevention
Renting/leasing and lending are two very different concepts. In leasing there is no interest rate that increases the capital to be paid. It is only a loan of an art object and therefore causes a reduction in credit. Being an operational expense, leasing helps to increase the borrowing capacity of the user.
Off-balance sheet financing
The leasing of an artwork and its asset is kept in the debt column (operating expenses) and is not included in the final balance sheet of the company.
Flexible financing.
The terms and conditions of the contract are established after proper negotiation and understanding of the customer’s requirements and needs. Although the rates are fixed, the arrangement is flexible and makes the customer happy.
Feasible and practical alternative.
The financial advantages of leasing over buying are many, such as tax advantages, non-fluctuating rates and payments, preservation of working capital and reduction of bank loans.
There is no eligibility criterion for art leasing. An art collector, an organisation, a business, a self-employed person, a company, an individual, anyone can choose art leasing.
There is no actual down payment, but a security deposit, which generally corresponds to two months’ rental of the artwork.
Rental policies
BluArt leases artwork to companies and individuals internationally. 50% of the lease fee paid for an artwork can be applied to the purchase price of the artwork.
HOW ART LEASING WORKS
Select your favourite artist and send us an enquiry at [email protected]
Art leasing fees are derived from a fixed percentage of the retail price of each artwork. These percentages are subject to change or modification (if necessary) during the lease term.
The leasing period is variable depending on the needs of the applicant, it can be for a few days, a defined number of weeks or for a few months, up to a maximum of one year.
The invoice can be paid in advance (upfront) or on a monthly basis, depending on the client’s convenience.
The prepayment option is made when the order is completed. If you choose the monthly option, your payment becomes like a monthly subscription, but in this case you will need to pay the initial deposit for approximately the first three months.
In spite of the different payment methods, you must register the details of a valid credit card.
After the first 90 days, the lease can be terminated with 30 days’ notice.
Absolutely yes. The leased artwork can be purchased at any time at the retail price of the leased artwork (+ 10%). The purchase price is set at the end of the leasing period according to the rate in force at that time.
If the purchase is announced before the end of the leasing period, the purchase prices will be higher. The total cost (leasing cost + purchase price) is then set at the retail price + 10%.
In addition, large quantity orders will result in a considerable discount.
Yes. The initial cost, which serves as a security deposit, is a necessary plus prior to delivery of the leased artwork.
Yes, it is necessary to insure the rented artwork. However, the client is held financially responsible for any incident, such as damage or theft, of the rented artwork.
Professional Team
Lately, as evidence of her great commitment for almost a year, Migena Hajdari has founded a team of professionals in the development of technologies to create a multimedia space that will bring together all the creative fields and genres of contemporary art, from design to photography, from painting to video art , from literature to fashion, dance and performance art, with competence, rigor and eclecticism.
Indoor space instead: Real-time media sculpture, XR experiences, which use augmented reality (AR), virtual reality (VR) and mixed reality, engaging and emotional, accessible to all to interact with the chosen social theme, in an instructive and inclusive way, useful for collaborations on new projects with schools, associations and foundations.
OUR PARTNERS
BLUART Gallery works with a network of renowned partners such as galleries, curators and auction houses, which is always based on the demands and needs of our clients.
In recent years, BLUART Gallery has made a name for itself in the field of art leasing.
Based in Italy, we offer the financing of artworks on the basis of professional leasing in cooperation with a large network of the best galleries in Italy and abroad. In line with our motto ‘Your art, your status’, we are therefore able to offer you a free hand if you wish to invest your capital in art collections.
ARTISTS
Albrecht DürerMarc ChagallSalavador DalìFrancisco GoyaJoan MiròPablo PicassoPablo PicassoGiambattista PiranesiRembrandtSalvador DaliJoan MiróDegasExhibition art SurrealismObeyCUSTOMERS
BluArt Gallery serves both private clients and institutional clients. The high quality of art, neutrality and discretion as well as security and professionalism are the guiding principles of our actions.
OUR CLIENTS CHOOSE BLUART GALLERY BECAUSE OF:
- the free and unlimited choice of artworks
- our full-service package from consulting to hanging of the artworks
- the relevant tax advantage for companies
- the preservation of liquidity and the attractive return option of the artworks
- our neutral valuation and confirmation
WHO IS WHO
Migena Hajdari supports the development and dissemination of cultural projects, experimental platforms, immersive experiences, publications, art events and workshops that support the theory of change of a growing global community. She creates intellectual and original projects and models to answer questions that have become increasingly urgent about what it means to be human along with the ongoing challenges of digital age inequality, the crisis of democratic governance and the planetary crisis of climate change. This includes communication and public relations collaborations that catalyse and promote stakeholder engagement plans to generate a constant flow of high quality, original and thought-provoking content in the new expressive forms of her programme: essays, films, lectures, artworks, conversations.
Our Artists
Among exhibited artists are Anselmo Bucci, Marc Chagall, Salvador Dalí, Edgar Degas, Marcel Duchamp, Max Ernst, Wilfredo Lam, Joan Miró, Pablo Picasso and many other representatives of major 19th and 20th century artistic movements.
Our Services
Turnkey Exhibitions: From A to Z
Design and realisation of complete exhibitions, taking care of every aspect from conception to final management.
Concept, Design and Organisation
Complete management of the organisational and management phases of exhibitions: from the creation of the artistic concept to technical supervision, from the organisation of transport and assembly of works to fundraising, from reception services to educational activities.
Exhibition Design and Logistics
Collaboration with technicians and exhibit designers to create exhibitions in compliance with public permits and licences. Use of interactive digital and multimedia technologies to offer customised visitor experiences.
Projects for Institutions, Municipalities and Companies
Collaboration with public and private institutions to develop complete exhibition projects, from scientific supervision to operational management.
Insurance
Management of the insurance coverage required for works of art, including ‘nail to nail’ contracts and policies against damage to third parties.
Communication
Comprehensive communication services: graphic design, corporate image, press office, public relations, social media management, online and offline advertising planning,
environmental communication, press review and follow-up.
Urban Requalification
Promotion of Street Art as a tool for urban regeneration, in collaboration with public and private entities to transform public and private spaces, enhancing cities and their suburbs through art.
