A Part of Paris and Fractional France

A Part of Paris and Fractional France

Jardin Saint Paul

Le Jardin Saint Paul
Photo by Richard L. Harbus

(FOR SUBSCRIBERS ONLY)

French Property Insider

May 15, 2008
Paris, France
http://adrianleeds.com/frenchproperty/insider

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Bonjour French Property Insider Subscriber,

Yesterday the New York Times decided to run Linda Hervieux’s article about Steve Navaro’s fractional ownership property, Le Jardin Saint-Paul, an apartment we found for him and have promoted to our readers. (Just this last week, we offered a special deal to readers of French Property Insider and Parler Paris — one year’s dues free of charge with only a few shares left to purchase!)

As I write this, the article is the 4th most popular on the New York Times Web site and we’re getting more emails than we can handle! Clearly, the topic is of interest to many people now that the dollar buys so much less! And without a doubt, the shares will be sold very quickly.

As a result of the popularity of the topic, we devote today’s issue entirely to Fractional Ownership and the properties we are offering to our readers as well as our own "Design Your Own Fractional" program.

There are two properties offered by Paris Home Shares, each with only a few shares left, one share left at the property featured on the Ile Saint Louis, one property from French Property Shares in the South of France and two shares left in Château Living France just outside of Paris.

If none of these properties suit you, then Design Your Own and let us help you form your own pool of owners and purchase the property of your dreams.

Scroll down for all this and more in today’s exciting issue about Fractional Ownership!

A bientôt…

Adrian LeedsAdrian Leeds
Editor, French Property Insider
Email: fpi@adrianleeds.com

P.S. Our next Living and Investing in France Real Estate Conference takes place in London on June 22nd! Be there! Or plan on attending our conference in San Francisco July 26-27 or Paris October 11-12. See http://www.adrianleeds.com/frenchproperty/conference for more details and to register.

P.P.S. Be sure to read all about Tuesday’s "Parler Paris Après Midi" by visiting: http://www.adrianleeds.com/parlerparis/apresmidi.html

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Volume VI, Issue 20, May 15, 2008

* As Seen in The New York Times — Fractional Ownership
* Owning One Eleventh of a Paris Apartment
* Design Your Own Paris Pied-à-terre
* Le Jardin Saint-Paul Two-Bedroom Fractional Ownership
* Fractional Ownership Near the Eiffel Tower – Chez La Tour
* Own a Share of Maison Bleue in Languedoc-Roussillon
* Share in a Pied-à-Terre on the Ile Saint-Louis
* Château Living Shared Ownership
* Upcoming Living and Investing in France Real Estate Conferences
* French Property Consultation on House Hunters International – New Dates!
* FPI Property Consultation, Search and Relocation Solutions
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: June 10, 2008
* On the Auction Block: May 27 and June 3, 2008
* Leasebacks: Clos d’Iris, France, Atlantic Coast, Lit et Mixe
* Managing Your FPI Subscription
* Classified Advertising: Parler Paris Apartments — Le Déco!

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Jardin Saint Paul"In Paris, Owning an Eleventh of an Apartment"
By Adrian Leeds
Originally published in Parler Paris, May 14, 2008
Photo by Richard L. Harbus

I’ve stolen Linda Hervieux’s title. Forgive me, Linda.

That’s because her article about Fractional Ownership just appeared today in the New York Times Great Homes and Destinations today along with Richard Harbus’ stunning photos of Le Jardin Saint-Paul.

You might remember the name — it’s the apartment we’ve been talking about that has only a few shares of ownership left. It was featured very recently in a Parler Paris on May 9th — an apartment that our "Search En

gine" (Property Se
arch Consultant), Mary Ellen Gallagher, found for Steve and Sue Navaro, who promptly renovated it ‘to the nines’ and then are selling off its shares.

I remember when she discovered the apartment, and yes, it had been hideously decorated in an industrial style by a young Frenchman who must have been sick to death of French traditional motif like so many of them are. Instead of respecting the gorgeous exposed 17th-century stones and wood beams, he poured concrete floors and in them buried spot lights pointing upward…not good for the skin tones of us ‘older’ women! We were appalled, but the good ‘bones’ were there and the apartment was clearly a little piece of heaven in Paris.

Steve and Sue quickly agreed and before long, the renovation and redecoration went underway to transform it into the luxurious abode it is…for 12 lucky owners.

The article quotes me as saying: “The dwindling dollar means people saving up their pennies to buy property in Paris have less to spend,” said Ms. Leeds, who is planning her own move into fractionals. “This allows them to make an investment in a euro asset, which is crucial.”

Let me clarify one point. I am not PLANNING a move into fractionals. I’ve ALREADY moved into fractionals! If you’ve been following this, it was Parler Paris that had "six dozen inquiries" that "came flooding in last month after an American woman posted an advertisement on a Web site for expatriates."

The huge response was shocking! Before long, "Design Your Own Fractional Ownership Property" was launched under the name of "French Property Fractional.com." Plus, since the beginning, we’ve supported Steve and Sue’s "Paris Home Shares" properties along with Ginny Blackwell’s French Property Shares’ fractional properties, both of whom have spoken at our Living and Investing in France Real Estate Conferences. (See http://www.adrianleeds.com/frenchproperty/consultation/sales/fractional/fractional_offerings.html)

So, remember the deal? It still stands! The annual dues for Le Jardin Saint-Paul are 1103€. At today’s rate of exchange, that’s $1700. If you move quickly, (now that the article appeared in the New York Times, you must move even more quickly!), Steve will himself pay the annual dues for any Parler Paris reader who buys a share in Le Jardin Saint-Paul! The only months available are: July, August, November and maybe October!

This means that in effect, your vacation in Paris this year will not only be in a luxurious two bedroom apartment in Le Marais that you own a part of, but will be absolutely FREE OF CHARGE, too!!!

To read Linda Hervieux’s New York Times article in its entirety, visit: http://www.nytimes.com

For more of Richard Harbus’ photos, visit: http://www.nytimes.com/slideshow/

To have a look at Le Jardin Saint-Paul on our sites, visit: http://www.adrianleeds.com/frenchproperty/fractional/jardinstpaul.html and http://www.parishomeshares.net/jardinsaintpaul.html

And to make your move today, send an email off to Steve Navaro by clicking on this link: steve@navaro.com or be sure to put the word "FREESTAY" in the subject line of any email to steve@navaro.com to be eligible for this offer.

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Jardin Saint PaulIn Paris, Owning an Eleventh of an Apartment
By Linda Hervieux
For The New York Times
May 14, 2008
Photo by Richard L. Harbus

When Steve Navaro throws open the thick silk drapes framing the large windows in his Paris pied-à-terre, he enjoys a rare luxury in this tightly packed city: a lush garden.

The garden isn’t his alone. Nor, in fact, is the apartment. Mr. Navaro, a lawyer from Denver, shares his two-bedroom apartment in the Marais neighborhood of Paris with several other owners.

As the founding investor in the property — and two other apartments in Paris — Mr. Navaro, 56, was driven by a desire to find an economical way to visit Paris often despite a steadily sinking dollar. And, as a real estate investor and entrepreneur, he also wanted to make those vacations pay.

“I was trying to combine my love of Paris with real estate,” he said.
Although the concept of fractional ownership has been slow to catch on in Europe, real estate experts say that Americans looking to buy abroad are increasingly exploring group properties, in response to economic uncertainty and the all-time-low exchange rates of the dollar.
For example, six dozen inquiries came flooding in last month after an American woman posted an advertisement on a Web site for expatriates. She was looking for partners to help her buy a 42-square-meter (452-square-foot) loft in the popular Ile Saint-Louis neighborhood. Two buyers quickly pledged $158,000 each, joining two others who had already signed on, said Adrian Leeds, an American property consultant in Paris who runs the Web site, adrianleeds.com/parlerparis.

“The dwindling dollar means people saving up their pennies to buy property in Paris have less to spend,” said Ms. Leeds, who is planning her own move into fractionals. “This allows them to make an investment in a euro asset, which is crucial.”Mr. Navaro and his wife, Sue, signed the contract last August, agreeing on a price of 730,000 euros (the

n about $997
,727). As they began searching for partners, the dollar had already fallen to $1.37 to the euro and was still dropping…

To read the entire article visit: http://www.nytimes.com

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Design Your Own Fractional Ownership Property
With "French Property Fractional"
by Adrian Leeds
http://www.adrianleeds.com/frenchproperty/fractional

Fractional ownership may be a hot concept!…but we’re making it even hotter!

A new division of the Adrian Leeds Group, LLC, "French Property Fractional" is the newest and hottest way to own your piece of Paris simply, easily and inexpensively without the hassles of purchasing it on your own, but with all the benefits of doing it yourself.

What’s Fractional Ownership?

A hybrid of direct ownership and time sharing, it combines the best elements of both. The primary differences are that while timeshares involve many shares in a large complex with “resort” amenities and costs built specifically for that purpose, fractional ownership is joint ownership by only a few individuals in a single property whose value can easily be determined on the open market.

Most Paris fractional property opportunities are properties that have been purchased, renovated and decorated by one developer who then sells off the shares. Most of these offerings sell six to twelve shares to minimize the investment amount while maximizing the size, location and quality of the apartment.

What’s new about "designing your own" property?

While this system works well for many investors, we found that there are large numbers of individuals who would like to combine the benefits of traditional fractional ownership with single-party ownership, enjoying more time to personally use the property, having more decision-making power about the property, more input and more control. We believe that YOU want to feel like the property is really YOURS — and it is!! So, why not have a more personal relationship with the property.

Here’s how French Property Fractional works:

FIRST, WE OFFER A "CONCEPT"

Our team is offering a property CONCEPT…to search and find the following property to be shared between only a very small group of owners — four to six:

"MY PIED-A-TERRE IN LE MARAIS"

SIZE: 35 to 45 square meters (377 to 485 square feet)
ROOMS: two rooms — one bedroom apartment, with bedroom on a courtyard for quiet, full bath (perhaps bath + separate toilet) and open American-style kitchen
LOCATION: Le Marais, districts 3 or 4
LEVEL: No higher than 3rd floor (European) without an elevator
BUILDING TYPE: 17th, 18th or 19th-century (no newer buildings!)
AMENITIES: lots of light, nice views, fireplace or balcony or patio, secured storage for personal belongings, all new kitchen and bath fixtures, all the luxurious comforts

COST:
4 shares, 135,000€ each, 3 months of usage per year
5 shares, 108,000€ each, 10 weeks + 2 days of usage per year
6 shares, 90,000€ each, 2 months of usage per year

Total 540,000€

USAGE: Owners determine their own usage calendar and have
complete flexibility to arrange their calendar among themselves

FEES INCLUDE:

* Full price of the property including agency fees.
* All notarial and legal fees.
* Property search and consultation fees.
* Complete renovation and furnishing of property to luxury standards by professional interior architect and contractor within certain budgetary constraints.

EVERYONE MUST AGREE:

Members of the purchase pool must be willing to invest the full amount of at least one of six, one of five or one of four shares to be held in an escrow account to fund the property search, purchase and renovation.

The search will commence upon commitment in writing and receipt of funds from all members of the purchase pool with an agreed upon allowance for a minimum of 90 days to locate the property.

Upon location of a property that fits the above parameters, a memo with photos and description of the property will be sent to all members who may decide at that time to approve or decline the property in a timely manner — within 48 hours of receipt of the memo. Any group which is able to approve the found property with a combined total of 540,000€ will enable the purchase process to proceed.

Members of the purchase pool will provide proxy to the Adrian Leeds Group, LLC to sign notarial documents on their behalf: the Promesse de Vente and Acte de Vente — allow 3 to 4 months to completion.

Three decor concepts that fit within the renovation budget will be presented to the purchase pool for voting and will be executed by the interior architect and construction team. Any choices made by the purchase pool outside the framework of the budget will be charged over and above the initial fees. Allow 2 to 3 months to completion.

Members of the purchase pool will appoint one spokesperson for the purchase pool to make day-to-day decisions and act as a "liaison" between all members of the purchase pool.

NOTE: The Adrian Leeds Group, LLC will offer optional property management services upon completion
of the sale and renovation at an additiona
l expense to oversee the maintenance of the property, provide housekeeping between owners’ visits, manage the calendar of owner visits, pay all annual taxes, utility bills, etc. OR the group may operate fully on its own upon completion of the process.

If you are interested in participating in a purchase pool for "MY PIED-A-TERRE IN LE MARAIS," email Adrian Leeds at adrian@adrianleeds.com

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Jardin Saint PaulLe Jardin Saint-Paul Two-Bedroom Fractional Ownership of 12 Shares
By Paris Home Shares

When we first stepped inside the beautiful stone-edged doorway, just a few steps off rue des Rosiers on rue Ferdinand Duval, we knew we were in for treat.

Rue Ferdinand Duval in the 4th arrondissement of the "Saint-Gervais" quarter begins at 18, rue de Rivoli, ending just at rue des Rosiers. Emile Gustave Ferdinand Duval (1827-1896), for which the street was named, was once the préfet of the Seine and member of the city council. This part of rue Ferdinand Duval has existed since the 13th-century!

Jardin Saint PaulThis apartment is part of a "vieille maison" dating back into the 1800′s, and features original exposed stone walls and wood ceiling beams. The kitchen has been completely renovated, and the bathroom features a Jacuzzi tub. In addition, we will be installing antique oak plank flooring to soften the look and return the unit to its original character and feeling. High quality furnishings throughout, including antiques, original oil paintings and artwork reflecting the period will be added to complete the "cozy" feeling we are striving for. Included with the furnishings will be all of the modern touches as well, like a new washer, HDTV, high speed DSL Internet connection with laptop computer, and free phone calling to over 40 international countries, including the US!

Current price per share 92,000 euros
Shares remaining: July, August and Possibly October (if developer is willing to sell it!)

French Property Insider Readers Special Offering: The annual dues for Le Jardin Saint-Paul are 1103€. At today’s rate of exchange, that’s $1700. If you move quickly, Steve Navaro will himself pay the annual dues for any FPI reader who buys a share in Le Jardin Saint-Paul!

For more information, visit http://www.adrianleeds.com/frenchproperty/consultation/sales/fractional/jardinstpaul.html and http://www.parishomeshares.net/jardinsaintpaul.html or email Steve Navaro at steve@navaro.com

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Chez la tourChez La Tour Two-Bedroom Fractional Ownership of 12 Shares
By Paris Home Shares
7th Arrondissement Near Eiffel Tower

This is their most elegant offering yet! Located in the heart of the chic 7th arrondissement, one block from the Esplanade des Invalides and a few minutes by foot from the famous rue Cler and the Eiffel Tower, this spacious apartment will redefine the word luxurious in Paris. The layout of this apartment will be reconfigured to better utilize the space, which will result in larger bedrooms, each with their own bathroom. As a classic French apartment, it occupies the entire 1st floor above street level in a "petit" Haussmann-style "pierre-de-taille" building, just 100 meters from the Métro station La Tour Maubourg, and just around the corner from the fashionable rue St. Dominique with its many shops, cafés, and famous restaurants. The Seine is two minutes away by foot.

Chez la TourChez La Tour features original "pont d’hongrie" chevron oak flooring throughout, exquisite "cornice" and ceiling moldings in every room (including the bathroom!), marble fireplace mantels in the living room, dining room, and Master bedroom, and gorgeous crystal chandeliers, all evoking the classic period of French architecture. The living and dining areas feature five windows facing west, allowing the apartment to be bathed in light all day. Of course, the living areas will include the usual accoutrements, such as large high-definition flat screen TV, surround-sound stereo/DVD system, and laptop computer station with DSL connection and printer.

Current price per share 109,900€
As of July 1, price to be 115,000€

For more information, visit http://www.adrianleeds.com/frenchproperty/fractional/chezlatour.html and http://www.parishomeshares.net/chezlatour.html or email Steve Navaro at steve@navaro.com

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Maison BleueMaison Bleue by French Property Shares Three-Bedroom Village House

Maison Bleue is a 3 tiered, 3 bedroom, 3 bathroom village hom

e, with an open li
ving room/dining area and a fully appointed kitchen. The house is furnished with a combination of French antiques, wicker and pine furniture, firm beds, unique lighting, fully equipped kitchen and many decorative items. It also includes Satellite TV, telephone, washer and dryer and all dishware and linens.

52,500€ for the first four shares / 10 shares available
Available for 5 weeks/year

If you would like to receive more information on this apartment, visit http://www.adrianleeds.com/frenchproperty/consultation email Ginny Blackwell at fpshares@gmail.com

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Ile Saint LouisHave a Share in a Pied-à-Terre on the Ile Saint-Louis!
Only One Share Left!!

This is your opportunity to own one portion of a 42 square-meter (475 square feet) loft on the romantic Ile Saint-Louis for less than 100,000€!

Located on Quai de Bourbon, in the heart of Paris and on Paris’ chicest island, this bright, quiet and charming penthouse apartment has a fireplace, mezzanine with 18th-century exposed wood beam ceiling, skylight, is fully furnished and equipped with a separate kitchen and spacious bathroom. You will lavish in its old-world charm and gently hear the bells of Notre Dame chime in the background, while enjoying the benefits of your investment.

Ile Saint LouisThis offering is made by an individual who has rented the apartment for years and has a special opportunity to purchase the property, sharing it with a select group of four or five other owners.

This is an opportunity you won’t want to miss if you have even the slightest desire to own your own pied-à-terre in Paris and make an important investment in the strong and getting stronger euro.

Do not delay to contact the organizer or the available one or two shares will be gone fast! Email 11bourbon@gmail.com for more information and be sure to say that Adrian sent you.

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Chateau Living FranceChâteau Living France
Condo on Private Chateau Estate
30 Minutes Drive Outside Paris

If you love France and the French life style then you are welcome to join this small home owners association of international professionals and become one of the privileged shared owners.

A spacious light and charming villa with 3 well appointed bedrooms, 2.5 bathrooms, jacuzzi with zen, toning or light programs, Canadian red cedar sauna, sound therapy, steam room and 2 large showers. Large flat screen TV, DVD, WiFi, huge hand carved fireplace, contemporary furniture, art and antiques, a designer kitchen with bar, microwave / oven and dishwasher. A terrace in the gardens with Jardin de Bagatelle furniture and a terrace in the wind-free cobbled court yard with plantage teak furniture. A barbeque, sunbrellas, tennis rackets and beach chairs, crisp white bed linens and soft large towels are all there for your convenience.

Chateau Living FranceThe villa is professionally furnished and decorated in a fresh and contemporary style. This lovely and luxurious shared home is located right in front of the château in the traditional baroque gardens with beautiful views of the landscape, antique lion garden ornaments and castle. The home is part of the historical Orangerie building of 1600 and is on 45 acres of well maintained private château estate near Paris.

For sale: 2 property shares for 120,000 euros each.

The property represents a sound investment. Each deeded share offers you 6.5 weeks of private use and every year, wonderful holidays during low, mid and high season. All costs are shared equally among the villa proprietors. Currently, monthly fees are 100 euros. All taxes, electricity and association fees are included. Notary fees and closing costs are additional as is the usual case.

Chateau Living France On the château estate you will find a large heated pool, a lovely walled kitchen garden with veggies, fruit and roses. There is also a tennis court. Various golf courses and riding schools are nearby. Local shopping is done in the village 3 km from us where you’ll also find the train station to Paris. Also close by are large fashionable shopping malls, Disney World and the TGV. As an owner, you have privileges like the use of the château salon for relaxing, castle kitchen (super for preparing al fresco meals or picnics in the summer) Plus, professional laundry and a romantic chapel.

Shared ownership makes luxury living affordable! Shared home ownership is the ideal way of owning holiday property. It offers you private use of the house and full benefits for a fraction of the price. No hassle, just pleasure…even all the cleaning and laundry can be taken care of!

For more information, visit http://www.chateau-living-france.com or email
info@chateau-living-france.com and be sure to tell them Adrian Leeds sent you.

Chateau Living France Map

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Eiffel TowerAdrian Leeds, of Parler Paris and French Property Insider and John Howell, The International Law Partnership, Present the…

Living and Investing
in France Real Estate Conference
http://www.adrianleeds.com/frenchproperty/conference

Upcoming Conferences in 2008:

London
Date: June 22, 2008
Location: International Law Partnership Offices, Holborn Hall, 193-197 High Holborn, London WC1V 7BD
Times: 10 a.m. to 6 p.m. with buffet lunch
Limit: 25 attendees
Registration Fee: £147 1st person, £97 2nd person

To learn more and reserve your place, click here: http://adrianleeds.com/frenchproperty/conference/LIF_London_June_2008/index.html

San Francisco
Date: July 26-27, 2008
Location: San Francisco, Alliance Française, 1345 Bush Street, San Francisco, California 94109
Times: To Be Announced
Limit: 80
Registration Fee: To Be Announced

For more information, email info@adrianleeds.com

Paris
Date: October 11-12, 2008
Location: Paris Chez Jenny
Times: To Be Announced
Limit: 100
Registration Fee: To Be Announced

For more information, email info@adrianleeds.com

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See French Property Consultation on House Hunters International!

Episode HHINT-402

"Settling Down in Paris"

Angela and Ben met in 2003 when they lived in Los Angeles working for the same clothing company. Now, the two are engaged to be married. When Ben started receiving frequent overseas work, the company believed he’d be more valuable in Paris, so they happily relocated. They immediately moved into a cozy rental in the 17th district near the Arc de Triomphe and started to explore the different neighborhoods of Paris. The pair is now ready to take the big leap and purchase an apartment to stay for good. Property consultant Adrian Leeds is enlisted to help.

AIR TIMES:
• May 31, 2008 10:30 PM ET/PT
• June 01, 2008 2:30 AM ET/PT
• July 16, 2008 10:30 PM ET/PT
• July 17, 2008 2:30 AM ET/PT

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MoneycorpTODAY’S CURRENCY UPDATE

Visit the FPI Web site and click on the link on the left panel or click here for Currency Convertor by Moneycorp: http://www.adrianleeds.com/frenchproperty/insider/moneycorpconvertor.html
for up to the minute conversions of all major currencies.

Compare currency values easily and quickly by visiting:
http://adrianleeds.com/frenchproperty/loan/moneycorpconvertor.html

Charts
http://www.Moneycorp.co.uk/members/charts.asp
The charts below are updated every ten seconds.

The prices shown are "inter bank" exchange rates and are not the rates that you will be offered by Moneycorp. Your rate will be determined by the amount of currency that you are buying. Please speak with an Moneycorp dealer or your consultant for a live quotation.

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Parler Paris Apres MidiParler Paris Après Midi
http://www.adrianleeds.com/parlerparis/apresmidi.html

Come for a drink and to meet and chat with other readers in Paris…

The next gathering is June 10, 2008, and every second Tuesday of the month.

 

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Paris Auctions
http://www.encheres-Paris.com

Next Sessions: May 27 and June 3, 2008 at 2 p.m.

Notaires de Paris
Place du Châtelet
12 avenue Victoria
Paris 1st

Additional information on Les Ventes aux Enchères des Notaires can be found on the Web site at http://www.encheres-Paris.com/ Though the site has a button for an English version, it isn’t reliable to work.

<

font size="2" face="Verdana">To read Schuyler Hoffman’s artic
le about the property auctions in Paris, click on:
http://www.adrianleeds.com/frenchproperty/insider/members/content/articles/auctions1.html

May 27, 2008 at 2 p.m.

paris auctions 2 rooms 29,7 m²
33 rue Gabrielle
75018 Paris 18th
Opening bid: 150,000€
Deposit: 30,000€

June 3, 2008 at 2 p.m.

Paris auctions 4/5 rooms
2 square des Aliscamps
75016 Paris 16th
Opening bid: 631,800€
Deposit: 126,360€
Paris auctions 2 rooms
2 square des Aliscamps
75016 Paris 16th
Opening bid: 296,400€
Deposit: 59,280€
Paris auctions 4/5 rooms
2 square des Aliscamps
75016 Paris 16th
Opening bid: 631 800,00 €
Deposit: 126 360,00 €
Paris auctions 4 rooms 95 m²
35/37 rue Bonaparte
75006 Paris 6th
Opening bid: 926,400€
Deposit: 185,280€
Paris auctions 2 rooms 56,5 m²
3 quai Malaquais
75006 Paris 6th
Opening bid: 450,000€
Deposit: 90,000€
Paris auctions 3 rooms
132 boulevard Suchet
75016 Paris 16th
Opening bid: 312,800€
Deposit: 62,560€
Paris auctions 3 rooms 33,3 m²
16 rue de Visconti
75006 Paris 6th
Opening bid: 290,000€
Deposit: 58,000€
Paris auctions 4 rooms 76,5 m²
28 rue Jacob
75006 Paris 6th
Opening bid: 490,000€
Deposit: 98,000€
Paris auctions Studio 46,10 m²
15 rue du Louvre
75001 Paris 1st
Opening bid: 270,000€
Deposit: 54,000€
Paris auctions 3 rooms 52,9 m²
62/74 boulevard Garibaldi
75015 Paris 15th
Opening bid: 230,000€
Deposit: 46,000€

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LEASEBACK NEWS FROM IMOINVEST
http://www.adrianleeds.com/frenchproperty/insider/sales/leasebacks/lb_list.php

French LeasebackCLOS D’IRIS
France, Atlantic Coast, Lit et Mixe

NEW LISTING

One Bedroom 38m² to 47m² €113,000 to €127,000

Two Bedrooms 59m² to 67m² €140,000 to €153,000

EXPECTED RENTAL INCOME UP TO: 5.00%

French LeasebackFrench LeasebackFrench Leaseback

A gigantic window over the French Atlantic Ocean with the Py
renèes Mountain chain to the south, discover this magic location, less than 2 hours from Bordeaux, close to the Basque Country; discover the quaint village of Lit et Mixe located in France’s second largest department – The Landes Country. Located on the Silver Coast (Côte d’Argent) offering over 100 kilometers of beaches, edged with sand dunes and protected by lush green pine forests, the beauty of this region is undeniable.

Respecting the local building tradition while adding modernity, this new build residence offers spacious interiors, large bay windows leading onto generous balconies and views over quaint pedestrian pathways. In addition, the residence offers a ground floor of fine name-brand boutiques for an afternoon of shopping. This location is truly a paradise for all who love the beach and its myriad activities. People who enjoy surfing, sand-yachting, and surf-casting, siestas, swimming, and sand castles all share the beach amicably.

Investors have the option of purchasing an apartment as a principal residence or as a Buy-to-Let purchase with the intention of earning an insured rental income. Most French real estate professionals agree that France will need 1 million new homes by 2030! In addition, the 2006-2007 year witnessed average sale prices for apartments per square meter in Bordeaux rise from 1997 euros per sq.m to 2191 euros per sq.m. France is a stable country with a legal system that ensures real estate investors’ rights are very well protected. Interest rates are also attractive, currently around 4%, and financing is available for those who qualify, up to 80% of the purchase price.

- Ideal location in the picturesque Landes Country
– New build residence very fair pricing
– On-site parking
– Beach stretching as far as the eye can see
– Top of the range equipment, balconies, green areas

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French Propety LoanSEEKING A MORTGAGE IN FRANCE?

When you make a purchase as important as a piece of real estate in a foreign country, you want to know that you can trust the people you are dealing with. Adrian Leeds has developed a network of professionals that meet only the highest of standards. With the expertise and experience of Adrian and her team, you can depend on getting the best advice and support to feel completely confident that you are making an informed investment decision.

Let us help you secure a mortgage in France at a competitive interest rate. Visit http://www.adrianleeds.com/frenchproperty/loan for more information or contact Loan@AdrianLeeds.com

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Managing Your French Property Insider Subscription is Easy!

We receive many emails from French Property Insider Subscribers who want to change their email address, or update personal information. But did you know that you can make these changes yourself?

It’s easy…

1. Go to http://adrianleeds.com/frenchproperty/insider

2. Click on "Manage Subscription." You’ll find it under the "Subscribers Only" section in the sidebar.

3. Enter your username and password.

4. On the Welcome Page, go to "Manage Your Account" and click on "Change Password/Edit Profile"

5. Once you’ve made the changes, scroll down to the bottom of the page and click on "Save Profile."

Simple!

Of course, we’re always happy to help, so if you do need assistance, send an email to members@fpinsider.com

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insider paris guidesWe wanted better guides.
So we wrote them.

Insider Paris Guides are written for people who love the City of Light. You’ll get a Paris insider perspective on Restaurants… Making a Life… Black Culture… Expat Writers…and the newest guide, Practical Paris!

French Property Insider subscribers receive a discount of 10% off any guide and up to 25% off the entire purchase (if two or more guides are purchased at the same time). Here’s how it works:

1. Click on special Web link we give you just for FPI subscribers.

2. Then order one or more guide(s) and use the promotion
code "ED762." This promotion code gives you 10% off your total
order.

3. If you order two or more guides, then an additional 15% will be
taken off automatically. There is no promotion code needed.

Here is the special "coupon" Web link just for you:
http://www.insiderparisguides.com/offer/fpi_offer.htm

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THINGS YOU NEED TO KNOW

To access password protected pages: click on any of the links on the left panel of the home page of FrenchPropertyInsider.com under "Subscriber’s Only," then type in your personal username and password.

>Past issues of
FPI are available on the website. You will find the
"Past Issues" link on the left under "Subscribers Only" or by going to
http://www.adrianleeds.com/frenchproperty/insider/members/content/pastissues/index.html

To receive your free French Leaseback Report or the Paris Property
Report, click on
http://www.adrianleeds.com/frenchproperty/insider/members/content/reports.html

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HELPFUL CONVERSIONS FOR REAL ESTATE

1 square meter = 10.7639104 square feet

1 hectare = 2.4710538 acres

For more conversions, refer to: http://www.onlineconversion.com/

==== CLASSIFIED ADVERTISING ===

Parler Paris ApartmentsPARLER PARIS APARTMENTS
http://www.adrianleeds.com/parlerparis/apartments
Email: apartments@adrianleeds.com/parlerparis

Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the "seal of approval" from Parler Paris Apartments and me, Adrian Leeds.

Parler Paris Apartments offers high quality accommodations to make your stay in the City of Light as enjoyable and memorable as possible. We at Parler Paris know each and every apartment owner or manager personally, and stand behind the quality of those we represent. We understand your needs and desires, all the small details that make a rental apartment a warm and welcoming home – and a much better alternative to an impersonal hotel!

Parler Paris Apartments is administered and serviced by the same great team as Parler Paris, French Property Insider and French Property Consultation. You can trust that Parler Paris Apartments and all those with whom it is associated will do their best for your 100% guaranteed satisfaction.

NEW LISTING!

Le Déco
One-Bedroom, Sleeps up to 4

From the quiet, residential rue Saint-Sébastien, walk up a mere dozen steps into this beautiful, newly renovated one-bedroom apartment. No effort has been spared to create a sophisticated, comfortable environment that provides you with all the modern conveniences, and the opportunity to experience romantic Paris to the fullest, whether as first time tourists, or as seasoned visitors who prefer to live like Parisians. Le Déco’s stylish interior combines contemporary design with Art Deco flourishes, while retaining elements of its 19th-century French heritage in its original wood beamed ceiling and marble fireplace. Its three large French windows with wrought iron railings provide a pleasant view of the rue Saint-Sébastien neighborhood.

Reserve now! Visit http://www.adrianleeds.com/parlerparis/apartments/rentals/deco.html
or email: Apartments@AdrianLeeds.com

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SUBSCRIBE TO PARLER PARIS

If you’re not a regular reader of the Parler Paris daily e-letter, and would like to be, simply enter your e-mail address here (it’s free!): http://www.adrianleeds.com/parlerparis

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Copyright 2010, Adrian Leeds®
Adrian Leeds Group, LLC, http://www.adrianleeds.com

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