An Aristocratic Auction at Ansouis

An Aristocratic Auction at Ansouis

Chateau d'Ansouis

Sunset on Château d’Ansouis

(FOR SUBSCRIBERS ONLY)

French Property Insider

November 1, 2007
Paris, France
http://adrianleeds.com/frenchproperty/insider

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Bonjour French Property Insider Subscriber,

Today’s French Property Insider focuses on a small part of Provence…a tiny corner of the Luberon where an important historic monument was up for grabs just this week — the village of Ansouis. Thanks to long-standing friend of FPI who owns a vacation rental home there, we bring you an insider’s scoop on the history, the real people involved and the sale that shook the village to its roots just a few days ago.

Châteaux in Provence are therefore spotlighted, in Hot Properties (haven’t you always dreamed of owning a château in Provence?) and another famous château, owned by Yves Saint Laurent in Normandy.

In our newest column, "Ask Adrian," there is important money-saving information on the best form of communication between France and other parts of the world. Tax reforms that work to your advantage are discussed we take another look at why France is booming while other countries’ property markets are not.

For Thanksgiving, we’ll be taking a break from FPI as you will be, but if you’re here in France, we offer you three solutions to celebrating Thanksgiving in Paris out, at home or in the countryside. Be sure to scroll down and read all about it.

Let me take this opportunity to remind you that the next scheduled Living and Investing in France Real Estate Conference is February 16-17, 2008 at the new Alliance Française in Miami, Florida. For more information, email Schuyler Hoffman at info@adrianleeds.com

A Bientôt,

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

P.S. Don’t forget to sign up for the Free Conference Call November 11, 2007 about "THE FRACTIONAL OWNERSHIP SOLUTION," 2 p.m. EST, 8 p.m. Paris time. To RSVP to this special event, send an email to info@adrianleeds.com

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Volume V, Issue 43, November 1, 2007

In this issue:

* Adrian Addresses Your Property Purchase Questions
* Ancient Château d’Ansouis at Auction
* Sibling Rivalry Leads to Château Loss
* French Tax Reforms Aid Foreign Investors
* "Designer" Château For Sale
* Celebrate Thanksgiving in the French Countryside
* Traditional Thanksgiving in France
* French Property Market Booming
* Your Own Piece of France for a Fraction of the Cost
* Free Fractional Ownership Conference Call, November 11, 2007
* NEW! Living and Investing in France Conference, February 16-17, 2008, Miami
* FPI Property Consultation, Search and Relocation Solutions
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: November 13, 2007
* Hot Property Picks: Vintage Vaucluse
* On the Auction Block: November 13 and 20, 2007 at 2 p.m.
* Leasebacks: Balcons de Cabourg, France, Brittany / Normandy, Cabourg
* Managing Your FPI Subscription
* Classified Advertising: Parler Paris Apartments — Le Penthouse Voltaire

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Ask Adrian LeedsNEW WEEKLY COLUMN:
"Ask Adrian’s Advice"

Regularly we receive interesting questions from readers whose answers would be of use and information to all the readers. You, the readers, now have an opportunity to ask Adrian anything related to investing in Paris and France real estate, lifestyle and living in France issues.

We cannot answer all requests, but will choose those questions which have pertinence to the most readers. Your question will remain anonymous. Please direct your questions of 100 words or less to: fpi@adrianleeds.com

QUESTION

What’s the least expensive way to set up an apartment or house in France to communicate by phone to friends, family and business associates living in the U.S. or elsewhere?

ANSWER

For less than 30€ per month, anyone with a ph

one line (France Telecom) can
subsequently subscribe to a service (other than France Telecom) that provides high speed Internet, satellite TV and a VoIP phone.

"A Voice Over IP (VoIP) phone is an entity used to make telephone calls over the Internet, or to leverage network wiring within an office for carrying phone conversations to a PBX. VoIP phones use one of several competing communication standards to send their calls through a network. VoIP is a way of taking the current method of talking (Analog Audio Signals) and adapting them to become Digital Data that can be transmitted over the IP-based networks such as private LANs or the Internet." ( http://www.wikipedia.org )

In simple terms, the phone uses the Broadband Internet line to make a connection in place of a standard phone line.

Calls to certain destinations made using a VoIP phone can be totally free of charge, but included in one set monthly fee, and with one French provider, calls to 70 different countries are free of charge (http://www.free.fr).

Once you’re set up in France, you will want to investigate the various providers, all they have to offer and the level of service they provide. The top providers to consider are:

http://www.Orange.fr
http://www.Neuf.fr
http://www.Free.fr
http://www.Dartybox.fr

In the U.S. the most popular VoIP phone is a product sold by http://www.Vonage.com. You may want to consider ordering your Vonage set-up before coming to France (it must be delivered to a U.S. address) and setting it up in France using your new high speed Internet connection. You can put the router on an electrical convertor (if necessary) or adapter plug (if dual voltage).

The advantages are many, including a U.S. phone number for your friends, relatives and business associates to call in place of a more expensive call to a French number. Calls that come in unanswered automatically roll over to a messaging system that sends a .wav file to your email in box…so even while you’re away, or don’t have a phone connected to it, you won’t lose your messages. There are many more conveniences and advantages, so be sure to read more about it by going to: http://www.vonage.com/lp/US/friend/index.php

If you choose to sign up, in the box on the site that says "Just enter your friend’s phone number and you’ll both enjoy special savings!," be sure to put the Adrian Leeds Group Vonage phone number: 310-427-7589 and we’ll both enjoy special savings!

Adrian

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AnsouisA Vintage Prospect
By Paul Shearer
For http://www.timesonline.co.uk

The fate of this ancient château in Provence will be decided at auction

Estate agents often puff up their offerings with phrases such as "period home" and "original features." Few brochures are able to state "Built in 960" and "Has been in the hands of the same family since 1178." Château d’Ansouis is able to make both these claims. This is a property older than the Tower of London.

The château is in the centre of the village of Ansouis in the Luberon in Haute Provence, one of those regions now so firmly on the international radar screen that you can’t nip down to the village market without bumping into a football/fashionista/film star/pop celebrity. Château d’Ansouis is perched on a rocky outcrop and has views over a protected valley…

To read the entire article, visit http://property.timesonline.co.uk/tol/life_and_style/property/overseas/article2686187.ece

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AnsouisAnsouis en Suite
By Adrian Leeds

Barb Westfield is an FPI reader, conference attendee, client and friend who owns and lets as a vacation rental a beautiful house in the Luberon are of Provence, about a 25-minute drive from Aix en Provence, in the town of Ansouis. It’s a three-story village house with five bedrooms, five bathrooms, enough to accommodate ten! The home was once featured in the magazine "Maison et Decos" and is considered an historical monument as after the French revolution, Ansouis remained ‘loyal’ to the royals and this home was the local meeting place and headquarters for those in favor of the new République.

Ansouis is officially classified as One of the Most Beautiful Villages in France. No wonder that the film "A Good Year," from earlier this year, based on a novel by Peter Mayle where a British investment broker inherits his uncle’s château and vineyard in Provence, is set in the area of Ansouis. Many of the scenes were filmed in Ansouis as well as in neighboring villages and many of Barb’s friends and neighbors were in the film as Extras.

Barb promotes the house on the VRBO site (http://www.vrbo.com/30388) and says it "is the perfect haven to de-stress, and immerse yourself in AUTHENTIC French village life."

AnsouisJust this past Monday, the Château d’Ansouis, a property older than the Tower of London, and the center of Ansouis, went up for auction here in Paris. Forced to auction by French inheritance laws and certain “disagreements” between the heirs (three brothers and a sister) who have not been unable to come to a quiet family arrangement about who gets what, the château could end up in the hands of who knows what…hoteliers, Russian oligarch, sheikh, or London hedge fund manager?

Barb reported that "The whole village is upset, and unless the Mayor (Geraud de Sabran-Pontèves) can pull it off — he is the one sibling living there with his royal brood — it looks like the sibling rivalry will end up with the château going to a hotel company or foreign investor!"

AnsouisIn an email today from Geneviève Hily-Mane, a resident of the village in a home next to the Ancienne Mairie, she reported on Monday that…"The auction took place this afternoon. There was nobody I knew from Ansouis — only lawyers and old business men. The castle was sold 4,700,000€; Count Jean of Sabran-Ansouis’ house sold for 525,000€; the farm where Raymond Premier de Sabran avec Gersande (last countess of Forcalquier) lived, 700,000€; and the house where Alain Chanaud and his son lived, Place St Elzear, 185,000€. It went all very quickly and silently. The owners have now a few days to outbid."

The starting bid was 1,144,700€ for this historic monument classified in 1948. The auction took place over the course of two hours, using the traditional candle system, at the Tribunal de Grande Instance de Paris. The buyer will not be disclosed for another few days and the village residents worry that the new owner will never have the same soul of the long-standing aristocratic French family that occupied it for 1000 years.

Within the next four months, the passing of the title deed will be complete and the Mayor of Ansouis will be obliged to leave his home of such a long heritage, where his parents are buried. The Sabran family, however, will have the right to repurchase the le mas de la Pousterle (farmhouse of Pousterle) for an amount of 700,000€.

Editor’s Note: Thanks to Barb Westfield for this photo taken of the château on Christmas Day two years ago basking in a setting sun. She notes, "The flag of France flies from our Mairie, but never ever on the château." Mayor Geraud de Sabran-Pontèves is the son of Marie j2999eph Elzear de Sabran-Pontèves, Duc de Sabran and Roselyne Manca-Amat de Vallambrosa, of the Château d’Ansouis.

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SarkozyMoney Talk: French Tax Reforms
By Faith Archer
For http://www.telegraph.co.uk

Hundreds of thousands of Britons who own property in France will benefit from French inheritance tax (IHT) reforms introduced this summer. President Nicolas Sarkozy has shaken up the system so that only the wealthiest households will face IHT bills.

The changes will help not only French citizens, but also Britons who have bought holiday homes in France or moved to the other side of the Channel.

Any property in France is taxed there under its rules, even if the owner lives and dies overseas. Marjorie Mansfield from independent financial adviser Siddalls, which specializes in advising people who move overseas, says: "If you are resident in France – that is, you spend more time there than elsewhere, or have your main residence there – then your worldwide estate will be subject to French IHT.

"If you just have a holiday home, the French IHT system will only consider your property in France."..

To read the entire article visit http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2007/11/01/lpmoney101.xml

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Yves Saint LaurentSaint Laurent Re-lists Part of French Estate
By Christina S.N. Lewis

For the Wall Street Journal Online
http://online.wsj.com

Designer Yves Saint Laurent and his business partner, Pierre Bergé, have listed their estate in France’s Normandy region again — but at a sharply lower price and acreage.

The property, now about 52 acres, is for sale at €12.5 million, or about $17.8 million. The entire 67-acre Deauville estate was first listed more than two years ago for €20 million, then withdrawn last year…

To read the entire article visit http://online.wsj.com/article/SB119334601303271963.html?mod=googlenews_wsj

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ThanksgivingCelebrate Thanksgiving in the French Countryside
November 23, 24, 25, 2007

This is the third annual Thanksgiving weekend at the Auberge Saint Jacques Bed and Breakfast in Sologne. Just 90 minutes south of Paris, 15 minutes from Chambord and other Loire Valley castles.

Arrive Friday evening and enjoy a typical Frenc

h game dinner. A
fter breakfast Saturday, feel free to visit the area or simply curl up by the fire. A traditional Thanksgiving dinner will be served Saturday evening. Breakfast Sunday is at your leisure as is your day. If the weather is nice, take our bikes and discover the forest and biking/walking trails that are at our doorstep, or look for that treasure at one of the many flea markets.

Prices start at 185€ for the weekend.

For further information contact:
Kristi Anderson
06.83.18.42.31 or 02.38.45.41.54
Email kristi.anderson@orange.fr
http://www.TheAmericanFrog.com
Visit the village at http://www.ligny-le-ribault.info

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ThanksgivingThanksgiving Dinner in Paris
http://www.luxist.com/2007/10/27/thanksgiving-dinner-in-paris/

Thanksgiving in Paris? It might not be traditional but it sounds like fun. Context, a network of scholars who lead walking tours in European cities, are holding a Thanksgiving dinner at the historic restaurant Le Pharamond which will be annotated by docent and dining historian Carolin C. Young. Forget about the traditional turkey, stuffing and pumpkin pie this meal will explore Parisian food. The entire adventure begins with an appetite-building walking tour of history and dining in Paris and then the group will head to Le Pharamond.

The menu will be:

Apéritif: Champagne Ruinart
Appetizers:
Foie gras, Escargots de Bourgogne, Coquilles Saint-Jacques, Bouchées à la reine

Served with Alphonse Mellot 2005, Sancerre blanc
Main courses:
Roasted ‘poulet de Bresse’, Sole normande, Côte de bœuf,
Côte de veau de la Vallée d’Auge, Rognons de veau, Tripes de Caen
(accompanied by seasonal vegetables and sides)

Served with Clos de Lumbrays 2000, Bourgogne, Grand Cru
Followed by salad and a selection of French cheeses
Desserts:
Équitoriale noire, Poire de la Grande Truanderie,
Tarte fine aux pommes, Crème brûlée

Coffee/tea/infusion.
Mineral water

The price is 220€ per person and the event is being held on November 22, Thanksgiving Day.

Or…
Order your own turkey and dressing to eat at home by visiting:
http://www.thanksgivingparis.com/catering_menu_2007.pdf

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France Property SalesFrance to Boom While Others Flop?
From http://news.assetz.co.uk

The last few days have seen plenty of gloomy headlines about the UK property market, with predictions of crashes, rising repossessions and falling mortgage lending. In contrast, it has been argued, the prospects seem particularly healthy for France.

Such an argument has been taken up by VEF, which reports that our nearest continental neighbor is enjoying a rise in prices and popularity just as the UK slumps. It notes that the story it has picked up in the UK press – from the Times – admits that things may not be so bad in the UK and strongly suggests the press is trying to "sensationalize" the idea of a crash.

Even so, VEF notes, the prospects for France do look good and foreign property investment is growing. It quotes the Financial Times saying that the British, Dutch and Germans have been buying up French holiday homes at a "remarkable rate," with an estimated total of 500,000 Britons owning properties in the country.

The website adds that in the light of predictions for a decline in UK prices (however reliable or otherwise these may be), the prospect of a further increase in demand for French property "does not seem unreasonable."

Yet one does not need to forward arguments that UK property is in decline to suggest French property will remain popular with UK buyers, given that it has been second only to Spain in the last few years as a UK property investment hotspot, all while our own domestic market has boomed.

Even so, states homesworldwide.co.uk, another recent Financial Times revelation – that worldwide prices had fallen but in France they had risen – does suggest that the country offers a sounder investment than some locations. Part of that may be down to some new markets turning out to be less profitable or sustainable than suspected, but there are some excellent examples listed by the Financial Times in the report the site mentioned, such as Chamonix in the Alps where capital appreciation, according to Blevin Franks, ranged from five to ten per cent over the last ten years.

But there are other factors boosting France too. While Ferries and the Channel Tunnel offer two options for travel from Britain particularly between southern England and northern France, the number of low-cost flights are also increasing, raising the prospect of increased tourism and thus buy-to-let opportunities in certain areas. Homes Worldwide reported this month that Ryanair’s Bristol base has added Beziers, Pau and Bergerac to its destination list. With factors such as this to boost the market, France won’t need Britain or anywhere else to slump in order to go on thriving.

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The "Fractional Ownership" Solution…
An Update by Adrian Leeds
http://www.adrianleeds.com/frenchproperty/consultation

Those who have purchased shares in Le Jardin Saint-Paul on Rue Ferdinand Duval, 4th Arrondissement, Le Marais, will be happy to know the renovation is well underway! If you viewed the photos of the apartment prior to any work done on it, you may recall the arch leading from the living room to the bedrooms, stuccoed over and painted a bright mustard yellow.

The construction crew recreated a 17th-century classic keystone arch of beautiful stone using a "trompe l’oeil" technique! Be sure to see the video of and by Liam Gallegos in his excitement over the newly created arch! Just click here: http://www.youtube.com/watch?v=Y_Y-GuHswLc

To visit the site describing the property, visit
http://www.adrianleeds.com/frenchproperty/consultation/sales/fractional/jardinstpaul.html and to take a video tour of this gorgeous property, visit http://www.parishomeshares.net/jspvideos.html
http://www.youtube.com/watch?v=Y_Y-GuHswLc

Chez La TourNEW FRACTIONAL OWNERSHIP FOR SALE NEAR EIFFEL TOWER

Chez La Tour
Boulevard de Latour-Maubourg, 7th Arrondissement, Eiffel Tower
Two-Bedroom, 88.1 m2
99,500€ / 12 Shares Available
Available for Use May 2008

If you would like to receive more information on this apartment, VISIT http://www.adrianleeds.com/frenchproperty/consultation/sales/fractional/chezlatour.html

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FREE FPI CONFERENCE CALL!!
THE FRACTIONAL OWNERSHIP SOLUTION

As an FPI subscriber, we offer you special access to our time and knowledge with our own conference calls. The next scheduled conference call is Sunday, November 11th at 8 p.m. Paris time, 2 p.m. Eastern time. Mark your calendars now, but don’t worry, we’ll give you plenty of advance notice.

We will be discussing Fractional Ownership live with Steve Navaro, President of Paris Home Shares. All FPI subscribers are invited to participate.

Conference Date: Sunday, November 11th, 2007
Conference Time: 2 p.m. EST, 8 p.m. Paris time

Please RSVP to this special event and we will send you the call details. Sign up now by emailing: info@adrianleeds.com

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Miami FloridaNEW! Living and Investing in France Real Estate Conference!
February 16-17, 2008
Alliance Française, Miami, Florida

Photo by Erica Simone

If you’ve always dreamed of owning your own "pied-à-terre" in Paris or home in the Provinces of France, perhaps as a future retirement home or for now as investment property rented part of the year…this power-packed two-day conference is a MUST.

Hosted by Adrian Leeds, long time resident of Paris, Editor of the Parler Paris Nouvellettre® and French Property Insider weekly E-zine and John Howell, lead attorney for the International Law Partnership, London, these two days in Miami will point you in the right direction to make it really happen! Includes three course lunch and cocktail reception.

For more information and to register, visit: http://www.adrianleeds.com/frenchproperty/conference/

Or email Schuyler Hoffman at info@adrianleeds.com

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French Property ConsultationProperty Consultation, Search and Relocation Solutions
http://www.adrianleeds.com/frenchproperty/consultation

Let French Property Insider expert property consultants find your dream home in France for you. We consult with you to help you make the best decisions, ferret out the finest properties to meet your criteria, schedule the visits and accompany you, negotiate with the agencies and owners, recommend the Notaires and other professionals, schedule the signings and oversee the purchase with you from start to finish! You could never do it so easily on your own. Let us take the time and effort off your hands.

FPI Offers More Relocation Solutions!

Moving to Paris? Our experienced relocation expert will make your move easy and hassle-free. We offer complete property and relocation services no

rmally only provided
by employer hired relocation firms…but at a price much more affordable for individuals.

Download Complete Brochure
http://www.adrianleeds.com/frenchproperty/consultation/fpibrochure.pdf

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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 November 13, 2007, and every second Tuesday of the month.

 

 

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HOT PROPERTY PICKS: Vintage Vaucluse

Each week French Property Insider features a range of properties which we believe are on the market at the time of writing. These properties are featured in order to give readers a sample of what is currently available and a working example of prices being asked in various regions of France and districts of Paris.

As we are not a real estate agency. These properties do not constitute a sales listing. For those readers seriously interested in finding property in Paris or France, you can retain our services to do the whole thing for you. For more information, visit http://www.adrianleeds.com/frenchproperty/consultation

Avignon*** Avignon, Manor House, 4 bedrooms

A 19th-century manor house, 10 minutes walk from the heart of the city and 5 minutes by car to the TGV station. The area is very quiet and surrounded by vegetation. With 2 living rooms, 4 bedrooms, fireplaces, terrace with fountain, swimming pool. On a park of 3000m² with a small house of approx. 50m². All in excellent condition.

Asking Price: 800,000€ + 2.5% Finder’s Fee

Vaucluse*** Vaucluse, Medieval Castle, approx. 1000m²

Stunning medieval castle dating back to the 12th century. Situated close to the village centre, this property was partly re-built in 1640. Offers a total of over 1,022m² living space, of which 750m² is in the château and a further 272m² is in the annex.

Asking Price: 1,495,000€ + 2.5% Finder’s Fee

Vaucluse

Vaucluse*** Vaucluse, 17th-Century Château

17th century château situated close to one of the most beautiful villages situated in the Luberon. This property offers outstanding views of the Provence and in particular Luberon counrtyside. Entrance and grand hallway, lounge with open fire constructed with Ménerbes stone, large and well appointed fitted kitchen, 6 bedrooms, 3 bathrooms, toilet, office within the tower, large games room, double glazing finished in wood, central heating and underfloor heating in the reception room.

Asking Price: 1,890,000€ + 2.5% Finder’s Fee

VaucluseVaucluse

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

Next Sessions: November 13 and 20, 2007 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.

To read Schuyler Hoffman’s article about the property auctions in Paris, click on:
http://www.adrianleeds.com/frenchproperty/insider/members/content/articles/auctions1.html

November 13, 2007 at 2 p.m.

Paris Auctions 6 rooms 181,13 m² + 2 maid’s rooms, rented 9,36 m² and 9,62 m²
15 avenue Mozart
75016 PARIS 16th
Sale with reserved price
Deposit: 300,000€
Paris Auctions 4 rooms 71,10 m² + 2 maid’s rooms 13,4 m² + extra room 11 m²
5 rue des Moines
75017 PARIS 17th
Opening bid: 435,000€
Deposit: 87,000€
Paris Auctions STUDIO 27,2 m² + balcony
51 rue Montcalm
75018 PARIS 18th
Opening bid: 108,000€
Deposit: 21,600€
Paris Auctions 2/3 rooms 49,2 m²
14 rue des Périchaux
75015 PARIS 15th
Opening bid: 200,000€
Deposit: 40,000€
Paris Auctions 3 rooms 67,6 m²
36/38 rue des Plantes
75014 PARIS 14th
Opening bid: 285,000€
Deposit: 57,000€

November 20, 2007 at 2 p.m.

Paris Auctions 2 rooms 42,27 m²
170 rue Blomet
75015 PARIS 15th
Opening bid: 165,000€
Deposit: 33,000€
Paris Auctions 2 rooms 19,90 m²
9/11 rue Saint-Séverin
75005 PARIS 5th
Opening bid: 120,000€
Deposit: 24,000€
Paris Auctions STUDIO 33,71 m²
140 rue de Tocqueville
75017 PARIS 17th
Sale with reserved price
Deposit: 28,000€

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

French LeasebackBALCONS DE CABOURG
France, Brittany / Normandy, Cabourg

Studio 22m² to 22m² €95,000 to €95,000

One Bedroom 27m² to 35m² €117,000 to €153,000

Two Bedrooms 34m² to 41m² €147,000 to €175,000

Three Bedrooms 47m² to 49m² €203,000 to €211,000

Quasi Hoteliere Holiday Leaseback

IMMEDIATE DISCOUNT UP TO: 30.00%

French LeasebackFrench LeasebackFrench Leaseback

9 YEARS OF RENTAL INCOME PAID UP FRONT

Tourist residence located in Cabourg, a commune of the Calvados department, in the Basse-Normandie (Lower Normandy) region of France. This development offers easy access to the beaches, area golf courses and racing tracks and is close to shops.

Units wil

l be for sale under the traditional Quasi Hotel/Leaseback investment scheme where the investor
will receive a contractually guaranteed rental yield and have the possibility to use their property for up to 6 months per year! In addition, we are proud to announce and bring to our investors the new “Cashback” investment option where instead of being paid rent over a period of 9 years, the total amount (9 years worth of rent) is paid up front to the investor upon building completion. It will be up to the investor to decide which options to go for.

This residence will be fully managed therefore investors will not have the hassle of looking for tenants or upkeep of the grounds! Under the Quasi Hotel/Leaseback investment scheme, owners rents will be guaranteed by a commercial lease therefore even if your apartment is not rented out, your rents will be paid. Investors will have the option of vacationing within their property for up to 6 months per year. This is an exceptional way to build-up your property assets with freehold benefiting from a privileged location. Investment is from 95,000 euros depending on availabilities. Tailor made financial solutions are available and our bilingual staff is here to serve you. Our partner banks are familiar with Quasi Hotel and ‘Cashback’ property purchases and understand the needs of the non-resident investors.

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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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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.

Parler Paris ApartmentsLe Penthouse Voltaire

American comfort with French flair! Overlooking Boulevards Richard Lenoir and Voltaire, in the 11th Arrondissement. This three-bedroom, two-bath luxury penthouse with wrap-around balconies and spectacular views, sleeps 6.

Reserve now! Visit http://www.adrianleeds.com/parlerparis/apartments/rentals/voltaire.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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