Apartment Or Hotel? We Help You Decide

Apartment or Hotel? We Help You Decide


PARLER PARIS: PARIS PROPERTY INSIDER


Enhanced web-edition online at:
/parlerparis/property


December 19, 2002


Dear Paris Property Insider Reader,


Staying in an apartment rather than a hotel offers you a variety of
advantages while in Paris. While there is no one to change the linens
and make your bed every day, whether you’re here for holiday or to
explore living here, an apartment can be the ideal way to go.


Generally, hotel rooms here are miniscule compared to those in the
U.S. The space and comfort of an apartment far surpasses those of
most hotel rooms. Mandated by the French government’s star rating
system, hotel room sizes range from 86 square feet to 107 square feet
for a single room. An average studio apartment, in contrast, is
generally around 200 square feet. Add comfortable furnishings to that
and you’ll find your apartment is more than just a place to sleep.


I have a friend who comes to Paris two or three times a year, and
says renting an apartment has been the best thing she ever did.
"Whether you are here for a short visit or a longer stay, if you want
to get to know Paris better, renting an apartment is the perfect way
to do it."


You can quickly become part of the neighborhood by visiting the
"boucherie" (butcher shop), "fromagerie" (cheese shop), and
"boulangerie" (bakery) to put together your own dinner. Don’t forget
to stop by the wine shop and "patisserie" for the finishing touches
to your "home-cooked" meal. And if you’re not quite ready for that
realistic an experience, there is bound to be at least a "traiteur"
in the neighborhood where you can buy ready-prepared dishes.


Staying in an apartment gives you a closer connection to the
neighborhood you’re in. Michael, another friend, decided to take an
apartment near Montmartre. Ten days later he left Paris knowing his
little corner of the world–the boulangeries, the cafés, the
streets–saying "I’ll never stay in a hotel again." Friends he told
about the experience took an apartment in the same neighborhood when
they were in Paris this October. Bob had been to Paris before and
feels the apartment rental added so much to the experience, for he
and his partner who had never been here.


Deciding to rent an apartment instead of staying in a hotel is the
easy part. Going about finding a rental is probably going to be a
bigger process for you.


There are a number of big agencies that offer a large selection of
apartments. The smaller agencies, and independent managers, have a
smaller–but more select–inventory of apartments, and often, better
service. A competitive market has brought about the inclusion of
additional services beyond just renting you the apartment. Some offer
airport pick-up and return, concierge services, and even maid
service.


While one of the best ways to choose an agency or apartment manager
is by recommendation, you may need to do some research and
comparison-shopping to find the apartment you want at the price you
want.


Talk to someone at the agency. Ask questions about the services
included with your rental. Read the contract or letter of agreement
you’re asked to sign and ask if you have any questions. Make sure you
know what you are paying for and that there will be no surprise
charges. Get everything in writing… do not rely on verbal promises
or assurances.


Rates will vary depending on the size, location, amenities, and time
of year you rent (most have high-season rates). An apartment will
cost you anywhere from $700 to $1,500 per week for a one-bedroom
apartment. In general, the rent on a studio will be a little less,
while a two-bedroom will cost more.


The more expensive apartments–because of their location and
quality–are usually found in central Paris (4th, 5th, 6th, and 7th
arrondissements). Upscale and luxury apartments will also be more
expensive, but can be found throughout the city.


Short-term apartment rental is big business these days. An Internet
search will give you a nearly endless list of possibilities. As the
number of visitors renting grows, so does the number of apartments
available and companies offering rental services. It can be a bit
overwhelming. To help you narrow down the search, send me an e-mail
at
mailto:propertyinsider@internationalliving.com?subject=ppiFindaRental
and I’ll give you some of our recommendations.


A bientôt,


Schuyler Hoffman
Editor, Paris Property Insider
Email: mailto:propertyinsider@internationalliving.com


P.S. I’m off to the States for the holidays–they’re actually letting
me go! So there will be no Paris Property Insider next week. HAPPY
HOLIDAYS TO ALL OUR READERS!!


P.P.S. Decompress after all the merriment of the holidays, don’t
forget the next Après Midi on January 14, 2003! Information at:
/parlerparis/apresmidi.html


* * * * * ADVERTISEMENT * * * * *


FOR THE DISCERNING TRAVELER ONLY…


No-frills travel is a great way to see the world when you’re young
and don’t have much money.


However, we all reach a stage when we become more discerning…and
appreciate life’s finer things. Nights at the opera…visiting art
galleries…fine food and wines…quality hotels with bags of
ambiance…spa therapy…stores that whisper luxury…


To discover life’s little luxuries at affordable prices…click here
now: http://www.agora-inc.com/reports/REMY/WREMCB11/
<a href=" http://www.agora-inc.com/reports/REMY/WREMCB11/ ">Click
Here Now</a>


* * * * * * * * * * * * * * * *


*** MAKE PLANS NOW FOR THE NEW YEAR


Spring and summer 2003 is already shaping up to be a busy season for
apartment rentals in Paris. With the additional influx of tourists
for the Paris Air Show in June
(http://www.paris-air-show.com/index3.htm), hotels are filling up and
apartments are doing the same. Avoid getting stuck without a place to
stay or paying inflated prices by booking your apartment rental
early!


* RUE DE SAVOIE


In the heart of Saint Germain des Prés, a magnificent studio, 31
square meters, in a 17th century building. Located on the 1st floor
(2nd floor, US), the flat’s exposed ceiling beams and walls of
exposed stone make it an exceptionally charming apartment. It is very
quiet and bathed with sunlight thanks to large windows. Its unique
floor plan makes it seem like a one-bedroom.


Offered at $997 per week


Pictures and more details available at:
/parlerparis/property/pmsavoie.html


* DIVA AT THE OPERA


Located in a recently renovated 18th century building, near the Opera
Bastille and the Marais, the apartment is only minutes by foot or
Métro to some of Paris’ most famous sites. The neighborhood is safe
and the building secured with digital code entry and intercom system.
This immaculate one-bedroom apartment is on the 1st floor (2nd floor
US), and is 36 square meters in size. From any of its 5 windows you
can gaze into the central courtyard and contemplate your next
excursion into the streets and shops of this charming neighborhood.


Offered at 960 euro per week.


Pictures and more details available here:
/parlerparis/property/tc_diva.html


* MABILLON I, ON THE LEFT BANK


Outstanding location in the heart of Saint Germain, surrounded by
elegant shops and chic restaurants, bars and nightclubs. Charming and
luxuriously appointed personal home in small, old-fashioned Parisian
building with new elevator. Full of light with striking, open views
of Paris roof-tops. This one-bedroom apartment has floor-to-ceiling
east-facing windows, wall-to-wall carpet, a large eat-in kitchen
(fully equipped) and custom bath with large, multi-function shower
and unlimited hot water.


Offered at $1,700 per week, $6,000 per month (1 week rental
minimum).


Pictures and more details available at:
/parlerparis/property/jfmabillon1.html


*** YOU’LL FIND OUR FULL LIST OF SHORT-TERM APARTMENTS, UPSCALE AND
LUXURY APARTMENTS, and PRIVATE HOMES AVAILABLE TO RENT
YEAR-ROUND AT:
/parlerparis/property/aptrentalhome.html


* * * * ADVERTISEMENT * * * * *


Whether you’re a poet in your heart or in practice or both… DON’T
miss out on the PARIS POETRY WORKSHOP!


March 17 to 20, 2003


Full details at: /parlerparis/poetry/index.html


<a href=" /parlerparis/poetry/index.html ">Click Here
Now</a>


* * * * * * * * * * * * * * * * *


*** PROPERTY OF THE WEEK


* YOUR APARTMENT OR HOME CAN BE LISTED HERE!


Our listing of the studio at rue Vineuse in this spot generated over
30 serious inquiries!


DO YOU HAVE AN APARTMENT IN PARIS OR HOME IN FRANCE YOU WANT TO
SELL?


We can help you promote your property as well as connect you with
interested buyers we already have. Send an email to
mailto:propertyinsider@internationalliving.com?subject=ppiForSale


* * * * * * * * * * * * * * * * *


*** FINDING THE APARTMENT THAT’S RIGHT FOR YOU


Many people don’t have the time nor the resources to look for their
own piece of France, especially if they’re located
in the States or
other foreign country.


Our offic
e offers you assistance to do the things you can’t do unless
you are here. We have a specific service to help you find your
property. Using our personally selected professional locators and
real estate agents, we work with you to find the property that is
worth coming to France to look at. Or if you are already here, all
the better.


After getting a basic idea of what you are looking for, we will spend
the next month searching for just that. You’ll receive weekly reports
with suggested possibilities and pictures that will help to further
narrow down what you want.


The fee for this service is $500. Should we find the right apartment
for you, there will be a finder’s fee of 2% on the price of the
property if you make the purchase, with a minimum of $5000, maximum
of $20,000 (the initial $500 will be applied against the finder’s
fee).


For more details and answers to your questions contact:
mailto:propertyinsider@internationalliving.com?subject=ppiFindersServi
ce


For details on our full range of property services, got to:
/parlerparis/services/propertyconsultation.html


*** YES, FOREIGNERS CAN GET A MORTGAGE IN FRANCE


Not only can you buy property in France, you can obtain financing
here to buy that property. Our IL Paris office has associations in
place with two major lenders who specialize in foreign clients. They
are especially interested in building their American customer base.
Through these lenders you can finance 70% to 85% of the purchase
price of the property, depending on your resident status in France,
at very attractive interest rates (currently 4.5% to 5.7%).


Our services are available to assist you with filling out initial
applications and collecting the documents you’ll need to apply for
your mortgage. We will set up the appointments with the lenders for
you, and if desired we can even accompany you to your appointments.


If you’re seriously looking to buy property in France and would like
more information on the lending process, visit our website at:
/parlerparis/services/propertyconsultation.html.


For answers to your questions contact Schuyler Hoffman:
mailto:propertyinsider@internationalliving.com?subject=ppiMortgageInfo

*** WORKING AND LIVING IN FRANCE CONSULTATION SERVICES


Living in France for several years, we have accumulated valuable
information and developed valuable contacts. We are able to assist
you as much as possible and when necessary, put you in contact with
one or more of our professional associates to provide the help you
need.


– Fee of $75 an hour with a two-hour minimum, plus expenses (travel,
phone charges, etc., when applicable)
– Consultation can be arranged in person, by phone, or e-mail


For more information contact Schuyler Hoffman at
mailto:propertyinsider@internationalliving.com?subject=ppiConsultation
or visit
/parlerparis/services/workandliveconsultation.html.


* * * * * * * * * * * * * * * * * * * * * *


COMING TO PARIS?


Why not stay in the finest pied-à-terre in Paris. In the heart of the
Saint-Germain-des-Prés neighborhood of Paris, on rue Mazarine, sits
International Living’s very own Paris pied-à-terre in the finest
location possible.


/parlerparis/property/mazarine.html


* * * * * * * * * * * * * * * * * * * * * *


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Copyright 2002 Agora Ireland Publishing & Services Ltd.

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