Buying Up the Escargots of Burgundy and Paris

Buying Up the Escargots of Burgundy and Paris

The Presbytery, Home of Author Jeffrey Greene, Rogny les 7 Ecluses, Burgundy

(FOR SUBSCRIBERS ONLY)

French Property Insider

September 28, 2006
Paris, France
http://adrianleeds.com/frenchproperty/insider

================================

Bonjour French Property Insider Subscriber,

We’re heading into Fall and a whirlwind of activity. If you’re here in Paris, don’t miss coming to the Expatica.com Welcome to France Fair on October 15th. International attorney John Howell and I will be manning a booth (#’s 55 and 56) next to the speakers stand and will be speaking on "Getting Ready to Find Your Dream Home in France:

Part I. Setting Up the Legal Structure to Minimize Inheritance Tax by John Howell, and Part 2. How to Finance Your Dream Home in France by yours truly. (Scroll down for more details.)

In today’s FPI, we take a look at how foreign buyers make up the Paris real estate market and learn why we’re hearing so much Italian on the streets of Paris these days! Americans are not far behind!

We also turn our eyes east to the beautiful region of Burgundy, home to great wines, tasty snails and poetic authors. Burgundy is a great escape from the urbanity of Paris — you can arrive there by car or train in less than two hours and enjoy all the countryside has to offer. Be sure to read Jeffrey Greene’s excerpt from "French Spirits" and check out today’s farm house properties, one in each department of the region.

The London French Property Investor Show was a big success last week with more than 14,000 visitors. FPI Property Purchase Manager, Tracy James, was there to see what she could learn. Beginning tomorrow here in Paris and through Sunday, is the Salon d’Immobilier de Paris at the Espace Champeret with 300 professionals on display. To learn more, visit http://www.salonimmobilierdeparis.fr/

Interest rates are on the rise, but not so high as to be terribly concerned. Our lenders keep us apprised and thus we keep you abreast of the latest changes. Still the rates are lower in France than in the U.S. and worth taking advantage of. If you’re interested in applying for a loan, contact Tracy James at Tracy@fpinsider.com.

If you’re thinking of coming to Paris or France to look for property, November is a particularly good time. Air fares are low and there is availability in apartments and hotels. Lots of property will be on the market at the time and the agencies will be operating in full force. Plus, there’s lots to do during the Fall months while the weather is mild.

Hope to see you here very soon!

A bientôt…

Adrian Leeds
Editor, French Property Insider
Email: Adrian@AdrianLeeds.com

P.S. Welcome new Parler Paris and French Property Insider staff members: Tamara Coleman, Parler Paris Administrative Assistant (Tamara@adrianleeds.com/parlerparis) and Lilibet Blackman, Parler Paris Apartments Rental Manager (Lilibet@FPInsider.com).


================================

Volume IV, Issue 38, September 28, 2006

In this issue:

* Which Foreigners Are Purchasing Paris Property?
* London Property Show Sets Attendance Record
* Discover Burgundy
* Excerpt from "French Spirits"
* Changes in Mortgage Rates
* For Sale: Houseboat on the Seine
* On the Auction Block: October 17 and 24, 2006
* Living and Investing in France One-Day Seminar December 2006
* Expatica’s Welcome to France Fair, October 15, 2006
* FPI Property Consultation, Search and Relocation Solutions
* New! French Property Consultation Concierge Services
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: October 10, 2006
* Hot Property Picks: Back to the Farm…Burgundy Style
* Leasebacks: Residence Corneille, France, Center / South, Luchon
* Managing Your FPI Subscription
* Classified Advertising: Parler Paris Apartments

===============================

Foreign Purchasers in Paris
By Adrian Leeds

Based on statistics for one year from 2nd quarter 2005 to 2nd quarter 2006, Paris’ most reliable daily newspaper, Le Monde, published just last week the figures for foreign property purchases in the City of Light by arrondissement.

Out of all the purchases in Paris, 2538 were to foreign buyers — equivalent to 8.2% of all purchases, and of those, 19.5% to Italians, 11% to Britons, 10.8% to Americans.

<

font size="2" face="Verdana">See the cha
rt below…

By district, the figures are not so surprising. As one would expect, Saint-Germain-des-Prés (6th), around the Eiffel Tower (7th) and the Marais (3rd and 4th) lead the pack by American buyers.

If you want to be near American residents, these are the districts you’ll find "birds of a feather." If not, look in districts with an different orientation, such as the 9th where 7.8% of the purchases are to foreigners, but Americans were so few they weren’t even reported!

Also note how many purchases were made in each district, the 15th, 16th and 18th being the three most active, but among the least sold to foreigners.

Arrondissement Sales to
Foreign Buyers
% of Sales to
Foreign Buyers
Most Represented
Foreigners
1st 48 17.3% Italy 39.6%
US 12.5%
GB 10.4%
2nd 53 12.3% Italy 37.7%
3rd 104 14.4%

Italy 31.7%
US 19.2%
GB 17.3%

4th 116 24.3% Italy 32.8%
US 19%
GB 15.5%
5th 70 9.3% Italy 30%
US 15.7%
GB 12.9%
6th 100 17.9% US 30%
Italy 18%
GB 11%
7th 133 15.8% Italy 27.1%
US 19.5%
GB 13.5%
8th 81 11.3% Italy 23.5%
GB 12.3%
US 8.6%
9th 91 7.8% Italy 19.8%
GB 12.1%
Portugal 12.1%
10th 124 8.2% Italy 21%
US 12.9%
Algeria 3.2%
11th 177 6.6% Italy 20.9%
GB 13.6%
US 10.7%
12th 78 4.3% Italy 14.1%
Spain 11.5%
Portugal 11.5%
13th 102 6.5% GB 16.7%
Portugal 10.8%
Italy 7.8%
14th 100 6.2% GB 12%
Italy 11%
Algeria 7%
15th 327 9.5% Italy 25.4%
Ireland 9.2%
Portugal 8%
16th 249 9.6% US 10.4%
GB 9.2%
Italy 8.8%
17th 121 4.8% Italy 17.4%
GB 14%
Portugal 13.2%
18th 251 7.4% GB 13.1%
Italy 12%
US 9.6%
19th 124 7.4% China 32.3%
Algeria 6.5%
Morocco 6.5%
20th 89 4.4% t size="2" face="Verdana">Italy 20.2%
Algeria 13.5%
Spain 9%

American Purchasers by Arrondissement in Order of Popularity

Arrondissement % of American Purchasers
6th 30.0%
7th 19.5%
3rd 19.2%
4th 19.0%
5th 15.7%
10th 12.9%
1st 12.5%
11th 10.7%
16th 10.4%
18th 9.6%
8th 8.6%

Source: Notaires d’Ile de France

================================

Record Visitor Attendance at the Property Investor Show 2006

2006 Property Investor Show (London) sets new visitor record!

It certainly was the busiest to date, with almost 14,000 visitors descending upon ExCeL over the 3 show days. The show was attended by seasoned investors and novices, all keen to learn more about the latest opportunities and snap up some of the great deals on offer from the 300 exhibitors present. In addition to ever-popular locations such as Spain, France, Cyprus and the USA, this year’s visitors were introduced to property from Costa Rica, Panama and The Dominican Republic. The show again proved itself to be the “complete property event” – with a full program of seminars added to the advice available from exhibitors.

Scott Picken, Managing Director of International Property Solutions (South Africa) summarized the reaction of many exhibitors:

“This was our 3rd time exhibiting at the Property Investor Show and it was the most successful yet – with 30 sales agreed over the 3 days.
Our seminar was packed out and the interest in South African property was staggering. I am sure that the other South African companies exhibiting over the weekend will confirm a similar experience. Our hosting the World Cup in 2010 is already having a huge effect and we expect the momentum to continue building. We believe South Africa will be the new hotspot within the next 3 years. The visitor numbers seemed higher than last year, but far more importantly, Homebuyer’s marketing program has again delivered visitors who were there to conduct business. As a result I have just booked space at The Homebuyer Show in March and The Property Investor Show in September”.

The next opportunity to meet this audience of property investors arrives with The Homebuyer Show – the UK’s longest running property exhibition – at ExCeL London over 2-4 March 2007.

Supported by a €4.5 million marketing spend, this program of shows will deliver a visitor audience of 45,000 serious property buyers to the UK’s most prestigious venues.

Prime positions are already being booked by existing clients – so to avoid disappointment, call Stephen Messenger, our Sales Director (Overseas) now on +44 (0) 20 8877 3636 or email: Stephen.messenger@homebuyer.co.uk

================================

The Region of Bourgogne (Burgundy)
By Adrian Leeds

Burgundy is a region we quickly associate with some of the world’s finest wines, wonderful gastronomy (Boeuf Bourguignon, Escargot de Bourgogne), and beautiful canals and rivers.

The history of the region is fascinating, dating back to Paleolithic era and the Middle Ages. There area many magnificent buildings, scores of Romanesque churches and illustrious vineyards. The more mountainous area of Burgundy is perfect for walking, sailing and rafting, the gentler slopes of the Bresse perfect for cycling tours.

The many trout streams and lakes are perfect for fishermen. Riding, rock climbing, pot-holing, micro-lighting and ballooning are equally prevalent. The Burgundy Canal is more than 300 kms long making it a wonderful travel destination for barge cruises. Crossing Burgundy from the north to the south, the canal unites the river Seine to the Rhone.

Within a two-hour drive from Paris, you can be in heart of Bourgogne. The TGV (Train à Grande Vitesse) is just 1 hour 37 minutes from Paris to Dijon…making it an easy weekend retreat for Parisians. Bourgogne consists of four departments: Côte-d’Or (21), Nièvre (58), Saône-et-Loire (71) and Yonne (89).

Franco-American actress Leslie Caron ("Gigi," &quot

;American in Par
is," "Father Goose" and "Le Divorce") owns a lovely auberge called "La Lucarne aux Chouettes" (The Owl’s Nest) in Villeneuve-sur-Yonne…renowned for fine wines and dining and elegant accommodations decorated by Ms. Caron herself (online at http://www.lesliecaron-auberge.com/).

Poet and author Jeffrey Greene chooses to live in Burgundy, too — he, his wife, and mother moved into an 18th-century stone-built presbytery in Rogny-les-Sept-Ecluses about 12 years ago and "lived" to tell the tales of its renovation and becoming a part of the community in Rogny. Scroll down for a poignant excerpt from his memoirs, "French Spirits."

In today’s issue, we offer Part I of an excerpt from "French Spirits," — with Part II to be published in next week’s issue, to give you an inkling of what life could be like in this beautiful region of France.

================================

The Presbytery
By Jeffrey Greene
"French Spirits"
Part I
http://www.adrianleeds.com/parlerparis/books/booksaboutfrance.html

How is it that real estate agents know even before they look at you, as they shout on the phone to a colleague, that you are a waste of their time? They must develop a sixth sense to spot dreamers, like us, who know nothing about owning a house. The agents spend their days taxiing people around a particular region, fumbling with keys and feeling about for light switches, each house a disaster, a trap, a mystery, an answered prayer. They wipe spider webs out of their eyes, confuse the facts, answer each question with Je vais me renseigner, "I’ll find out for you," knowing that they’ll never have to. Meanwhile their clients see themselves sleeping, eating, listening to music, bringing up children, getting drunk, making love in rooms that strangers have forsaken because of a job change or moving up, or in some cases divorce or death.

Mary and I, with our little white Maltese, Christabel, waited patiently to be noticed by a middle-aged man wearing a green checked jacket with an ochre shirt and dark green pants, a kind of uniform of the French salesman. Seizing the chance to impose herself before his next phone call, Mary announced, Monsieur, nous cherchons un moulin ou une petite masion, pas trop cher, pour restaurer, quelque chose sur le Cousin ou la Cure. We wanted a cheap house or old mill to restore, maybe on the Cousin or Cure rivers. We had lived long enough in France to know that all such negotiations begin with C’est impossible à trouver. This conversation began with an equivalent: Quelle surprise, Madame. Tout le monde cherche la même chose. Everyone is looking for the same thing.

Mary responded. "You’ve listed a mill in Mélusien, and we’re interested in learning more about it." Touring nearby, we had seen the mill and noted the distinctive dayglo orange poster proclaiming A Vendre. We wrote down "Jean Rousselet, rue de Paris," a small real estate office in Avallon. Undeniably, a picture of the mill was taped to his window, and it became all too clear to Monsieur Rousselet that his afternoon was as good as shot.

Before the summer of ’92, Mary and I had never seriously considered owning a house together, so there must be a mental condition that could be called house buyer’s psychosis. No one can be rational about such a huge commitment or expense as buying a country house. That summer, we had both become stricken while staying in a relatively unknown region of northwestern Burgundy. Once the condition takes over, you begin to hallucinate. Maybe you see the ivy-covered house in the Burgundian rural landscape, the reality of a photo in a nerve-worn magazine stacked in your dentist’s waiting room. Maybe you see your life set in restorative pastoral calm and solitude of nineteenth-century painting and literature. You see a chance to live a second life, to re-invent yourself in another world. Or you see your rural childhood home, if you had one, your childhood river, a place to slip back to in middle age, into the reassurances of a remembered world. Unfortunately, your childhood home is long gone, and as you age, you become ever more tangled in the person you happen to be, no matter how many houses you acquire. Still, when looking at houses, you see many things that aren’t there.

For years Mary and I had visited French friends in their country houses along the Loire, in Normandy or in Burgundy. Our friends invariably badmouthed their places shamelessly–"Quel boulot!" "Ça coûte une fortune!" “Ce n’est jamais fini!" "Quel esclavage!" In turn, we’d answer the requisite and sincerely felt, "Quel Paradis!" as we sat in gardens, listened to songbirds in young fruit trees, or inspected the freshly finished rooms. We assumed that complaining in a state of happy slavery is one of the delights.

Editor’s Note:

Read Part II in next week’s French Property Insider.

Jeffrey Greene is the author of a memoir French Spirits (Morrow/HarperCollins AU-NZ/Harper Perennial/Bantam/Prometheus 2002/3), two books of poems, American Spirituals (winner of the 1998 Samuel French Morse Prize) and To the Left of the Worshiper (Alice James Books, 1991), and a poetry chapbook Glimpses of the Invisible World in New Haven (Coreopsis Books, 1995). He was a winner of the Randall Jarrell Prize and the "Discovery"/The Nation Award and received prizes from The Denver Quarterly and The Southern California Anthology. His work has been supported by the NEA, Connecticut Commission on the Arts, the Mary Rinehart Fund, and VSC. His poetry has appeared or is forthcoming in The New Yorker, Poetry, The Nation, Parnassus, The North American Review, The Sewanee Review, Ploughshares, The Southern Review, and many other journals and anthologies. A graduate of the Universities of Iowa (MFA) and Houston (Ph.D.), he has taught creative writing and literature at Golden Gate University, The University of Houston, Southe

rn CT State Un
iversity, the University of New Haven, and most recently the Goddard MFA program.

================================

New Mortgage Rates as of September 15, 2006
From http://www.Seloger.com
(English Translation of Original Article)

There is currently a reversal of trends in the financial markets, particularly in the United States, where the long-term rate (10 years) decreased from 5.20% on June 23, 2006 to 4.77% on September 15, 2006.

The financial markets now anticipate a change of monetary policy with a progressive fall of the short-term rates of the Federal Reserve from now until 2007. These predictions are substantiated by the inversion of the curve of the rates, an exceptional phenomenon in the financial markets. The long-term rate is approximately 0.50% lower than the short-term rate, whereas it should actually be higher.

In Europe and France, the trend is similar: the long-term rates moved from 4.08% at the beginning of July to 3.78% at September 15, a decrease of 0.30%, in two months. We continue however to anticipate a slight rise (approximately 0.20%) in the long-term rates, taking into account the declarations of the Banque Centrale Européenne (Central European Bank) which should increase its rate at the beginning of October by 0.25% to 3.25%.

With regard to loans on real property, it is now probable that the rates should remain very favorable from here the end 2006, and certainly during all of 2007. The revisable rates will undergo the impact of the increase of short-term rates and should prove to be more expensive.

To read the article in French, please visit: http://www.seloger.com/187935/eSText.htm

================================

SPECIAL OFFERING!
FOR SALE – HOUSEBOAT ON THE SEINE

HOUSEBOAT on Seine, central Paris, 24m long, navigable, sleeps six, excellent appointments, sacrifice at 450,000 Euros! Living space 100 m², large salon, two small cabins with built-in bunk beds, captain’s quarters with double bed, sitting room and walk-in closet, full kitchen, separate WC and shower room. Call SeinePlus about Pilar, +33 (0)1.45.72.15.44 or email fpi@adrianleeds.com

================================

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

Next session: October 17 and 24, 2006, 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 website 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

October 17, 2006

4 rooms 119,20 m²
12 rue des Nonnains d’Hyères
75004 PARIS 4th
Opening Bid: 643,200 €
Deposit: 128,640 €

 

 

 

2 rooms 38,9 m²
15 rue du Louvre
75001 PARIS 1st
Opening Bid: 170,000 €
Deposit: 34,000 €

 

 

4 rooms 76,30 m²
8 rue de l’Espérance
75013 PARIS 13th
Opening Bid: 330,000 €
Deposit: 66,000 €

 


October 24, 2006

2 rooms 32,50 m²
40 rue Monge
75005 PARIS 5th
Opening Bid: 160,000 €
Deposit: 32,000 €

 

 

3 rooms 59,50 m² rented
28 rue d’Enghien
75010 PARIS 10th
Opening Bid: 96,000 €
Deposit: 19,200 €

 

 

================================

Adrian Leeds, Parler Paris, French Property Insider and John Howell & Co. of International Law Partnership Present the…

Living and Investing in France
One-Day Seminar
December 2006
Chez Jenny, Paris, France

If you’ve always dreamed of moving to France, starting a new life in Paris, enjoying a "pied-à-terre" of your own part of the year or perhaps
investing in property in France, this power-packed seminar is
a MUST. Hosted by Adrian Leeds, Editor of the Parler Paris Nouvellettre® and French Property Insider weekly e-zine and John Howell, lead attorney for John Howell & Co., International Law Partnership, London, this one day in Paris will put you on the right footing to make it happen!

You will learn how to…

* Obtain the Right to Be in France!
* Buy and Own Property in France!
* Profit from the Leaseback Program, Corporate Housing in Paris (CHIP) and Other Investment Property Programs!
* Find Your Dream Apartment in Paris or Home in the Country!
* Get a Mortgage!
* Minimize Your Tax and Maximize the Benefits!
* Rent Your French Property for Profit!
* Reduce Your Currency Exchange Risk!
* Plus, answer all the rest of your questions during a Q and A panel with the presenters.

Details to be announced…to be on a special mailing list to be notified with complete information about the conference, email info@adrianleeds.com/parlerparis?subjet=LIF_Paris_Dec_2006

================================

Welcome to France Fair
http://www.expatica.com/welcometofrance/

Welcome to France
October 15, 2006
Carrousel de Louvre
Paris, France

On October 15th Expatica will once again be hosting the Welcome to France Fair 2006 – the biggest fair for expats in France.

Over 2,000 expats attended last year’s Welcome to France Fair, and the 2006 event promises to be even bigger and better, with more stands, more entertainment and more information this time around!

*** See the French Property Insider Consultation and John Howell of International Law Partnership booth number 55/56 next to the entertainment area and stay for our presentation with John Howell and Adrian Leeds at 3:45 p.m.:

Getting Ready to Find Your Dream Home in France:
Part I. Setting Up the Legal Structure to Minimize Inheritance Tax by John Howell, The International Law Partnership (John Howell & Co.), http://www.JHCo.org, The Specialist in International Law…
and
Part 2. How to Finance Your Dream Home in France by Adrian Leeds, French Property Insider Consultation (Adrian Leeds Group, LLC), http://adrianleeds.com/frenchproperty/insider, The Complete Solution to Finding, Buying and Renting Your New Home in France

Tickets 10 Euros
Sign up for your tickets NOW at http://www.expatica.com/welcometofrance

===============================

Property 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 normally 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

NEW! Concierge Services

French Property Insider Consultation now offers a range of Concierge Services. You can trust our team of professionals to help you take care of your Paris property investment when you’re not in France. http://www.adrianleeds.com/frenchproperty/consultation/concierge.html

===============================

       

TODAY’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.

===============================

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

NEXT MEETING: October 10, 2006 AND EVERY SECOND TUESDAY OF THE MONTH, 3 p.m. to 5 p.m.

This is your opportunity to meet every month, often with local
professionals who can answer your Working and Living in France questions. You are invited to come for drinks and share your questions and comments about what it takes to create a life here, own property and enjoy what France has to offer. It is also an opportunity to network with other Parler Paris readers.

Upstairs at La Pierre du Marais
96, rue des Archives at the corner of rue de Bretagne, 75003 Paris
Métro Lines 9, 3 et 11, stations Temple, République or Arts et Métiers

===============================

HOT PROPERTY PICKS: Back to the Farm…Burgundy Style

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

*** Avallon, Farm

Parc du Morvan, 21 km from Avallon. Renovated, but in the typical morvandelle style, with a barn and stable. In a calm hamlet, this farm has enclosed land of approx. 2700m² and 11ha of meadows with some water spots. Beautiful living room, kitchen, 3 bedrooms, office and bathroom. Expansion possible.

Asking Price: 245,000 € + 2.5% Finder’s Fee

 

*** Villeneuve-sur-Yonne, Farm, approx. 200m²

This farmhouse offers a living room with cathedral ceiling, beams and fireplace, fully equipped kitchen, 2 bedrooms, bathroom and separate toilet. Outbuildings include a barn, workshop and garage. An enclosed garden with flowers and trees, approx. 1400m².

Asking Price: 290,000 € + 2.5% Finder’s Fee

 

 

*** Nievre, Farm, approx. 140m²

In the countryside near the Morvan, farmhouse with 140m² of living space with the option to expand. 4ha of land, conveniently close to highways but without the noise or nuisance.

Asking Price: 350,000 € + 2.5% Finder’s Fee

 

 

*** Saone-et-Loire, Farm

Superb farm with park and river on 1.7ha of land. 4 bedrooms, kitchen, dining room, 2 bathrooms, swimming pool.

Asking Price: 420 000 € + 2.5% Finder’s Fee

 

 

 

===============================

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

RESIDENCE CORNEILLE
France, Center / South, Luchon

Studio 29m² to 29m² €171,000 to €171,000

One Bedroom 50m² to 55m² €257,000 to €257,000

LEASEBACK PROPERTY

NEW LISTING

GUARANTEED RENTAL INCOME UP TO: 5.13%

BORDER BETWEEN FRANCE AND SPAIN

Set in the heart of the Pyrenees, Bagneres-de-Luchon’s geographical location is exceptional. The fourth largest thermal spring resort in France, the village of Luchon is known for the naturally beneficial properties of its water. The village is also known for superb winter and summer activities. At 1800 metres, the extensive ski resort offers visitors an exceptionally sunny skiing domain a

nd fantastic views across the P
yrenees. In addition, Luchon is only a few minutes from the border of Spain.

Residence Corneille is situated in the heart of a beautifully landscaped park benefiting from a very calm and pleasing environment. The site is located within a residential neighbourhood only a few minutes walk from the town centre. In addition, the residence is not far from a golf course, Casino and only 300 metres from the region’s thermal baths and only 600 metres from a cable car whisking visitors to the top of the area’s preferred ski resort. The surrounding park offers guests the opportunity to take peaceful strolls around the property or if preferred, guests may opt for a drink in the cozy lounge area.

This is a hassle-free way to invest through buying a guaranteed income property, benefiting from a government-backed VAT refund incentive. You will benefit from guaranteed, inflation linked annual returns from your own fully managed and maintained property with relatively low up-front costs and no ongoing maintenance or running charges.

=============================

SEEKING A MORTGAGE IN FRANCE?

Let us help you secure a mortgage in France with interest rates as low as 3%. Visit http://www.frenchpropertyloan for more information or email fpi@adrianleeds.com

=============================

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

================================

INSIDER PARIS GUIDES DISCOUNT FOR FPI SUBSCRIBERS

Remember, as an FPI Subscriber you can take advantage of a special discount on the popular Insider Paris Guides, plus get an extra 15% discount when ordering two or more guides. Choose from:

* Leeds Good Value Guide to Paris Restaurants by Adrian Leeds
* Insider Guide to Practical Answers for Living in France by Jean Taquet
* Writers Insider Guide to Paris by Elizabeth Reichart
* Insider Guide to Black Paris by Melinda Herron

Just visit http://www.insiderparisguides.com. When you order, a box will pop up allowing you to enter the special FPI Subscribers discount code:

Username: fpi
Password: subscriber

You’ll receive download instructions, then just save the guides to your computer. Happy reading!

================================

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

================================

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 APARTMENTS
http://www.adrianleeds.com/parlerparis/apartments

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 are primarily properties in central Paris owned by our ow

n clients and rea
ders (investment-minded individuals) or managed by the agencies we have to come to know and trust over the years who can provide high quality accommodations to make your stay in the City of Light as enjoyable and memorable as possible. These are the kinds of owners and managers you can fully trust and they, in turn, are seeking trustworthy tenants such as yourselves, to welcome to their Paris homes.

We at Parler Paris know each and every apartment owner or manager personally. In many cases, we were instrumental in the purchase of these properties and therefore, stand behind the quality of those we represent. Because we’ve been working with Anglophone clients for many years who want to live and invest in France, we understand your needs and desires 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.

Click here to learn more…http://www.adrianleeds.com/parlerparis/apartments

================================

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

================================

Copyright 2006, Adrian Leeds®
Adrian Leeds Group, LLC, http://www.adrianleeds.com

 

This entry was posted in 2006, French Property Insider and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>