Gobbling Down Beaujolais in Burgundy
A view of Beaujolais Wine Country in Burgundy
November 19, 2009
Bonjour French Property Insider Subscriber,
There’s a lot more to digest this week than just turkey!
Next week we’re taking break for Thanksgiving and in today’s issue is a recipe for the best turkey you ever ate…as long as it’s a French ‘babe!’ Then move on down for Part VIII of "Viager with a View" — the saga that never ends and gets more complex with every day.
Our Fractional Ownership property in the Place des Vosges, "Le Palace des Vosges," has new photos and a new video now that it’s (almost 100%) complete and some of the owners have been enjoying it…but more important than that is a special offering that will save new shareholders lots of money. Make a purchase before the end of the year or book your vacation stay, and earn a serious discount off a share. Scroll down to learn more.
Tonight is the release of Beaujolais Nouveau, so get ready to uncork the newest bottles and raise a toast to Burgundy. In honor of the young red wine, we’re setting our sights on Hot Properties in this beautiful wine region where life can be absolutely idyllic.
There’s news about nightlife in Paris — a new site devoted to just this subject, but watch out property owners — nightlife may be ‘death’ to your investment. Read all about it in today’s FPI and then we’ll see you two weeks from today after the American holiday we all love most of all!
Editor, French Property Insider
P.S. For the most luxurious stay in Paris with a family or a group of friends, reserve "Le Château Saint-Germain" — three bedrooms and three baths in the heart of Saint-Germain-des-Prés. Scroll down to learn more about this beautiful apartment available for rent as of the first of the year or visit http://www.adrianleeds.com/parlerparis/apartments/rentals/saint-germain.html.
P.P.S. If you missed this month’s Parler Paris "Après Midi," catch up on the moving, memorable meeting at http://www.adrianleeds.com/parlerparis/apresmidi.html.
Volume VII, Issue 46, November 19, 2009
In this issue:
* Investing in Turkey
* The Viager Saga Continues
* Le Palace des Vosges: Special Offer for FPI
* Beaujolais est Arrivé!
* House Hunters International in Paris: New Dates
* Discovering Burgundy and the Canal
* Buying and Renovating in Burgundy: An American Tale
* City of Light Promoting the City of Night
* Lifestyle: Paris Nightlife Taking a Hit
* FPI Fractional Property Offerings
* Luxury Property Show in Paris This Month
* Moneycorp: Take the Risk Out of Currency Conversion
* Parler Paris Apartments: Le Château Saint-Germain
* All of France in One Weekend
* Hot Property Picks: Burgundy Beaujolais Bounty
* On the Block for the Next Notaires’ Auction
* How You Can Obtain a Mortgage in France
* Parler Paris Après-Midi: Next Gathering Dec. 8th
* Managing Your FPI Subscription
* Subscribers Receive Discount on Insider Paris Guides
This weekend I’ll be ordering up a turkey from my local butcher for Thanksgiving next week. Every year I’m here, I’m sure to bake up a ‘babe’ — a French gobble-gobble that must be special ordered from a butcher. Years ago I learned the secret recipe from the one and only Lillian Zacky, of California-based Zacky Farms, who had her manicure just after mine every Friday for seven years while living in Los Angeles. Of course, imagine my disappointment to learn (just a few minutes ago) that it wasn’
t much of a ‘secret’
anymore — now that it’s on their Web site (http://www.zacky.com/recipes.htm), but I can tell you this — it’s the best turkey you ever ate.
Don’t tell Lillian, however, that the French turkeys are by far superior to their American counterparts! They are darker, juicier and cook in half the time! If you don’t believe me, cook one for yourself.
Editor’s Note: There will be no French Property Insider issue on Thanksgiving Day…so take time for yourself, your family and friends and have a wonderful holiday!
Excerpted from Parler Paris Nouvellettre®
Monday, November 16, 2009
The continuing saga of "Viager with a View" is beginning to feel like an endless stream of hurdles and challenges as long as the history of France and her struggle for "Liberté, Egalité, Fraternité." When I first laid eyes on this jewel of an apartment more than four years ago, I had no idea it would become one of life’s greatest challenges — a test for tenacity and endurance.
If you’d like to read Parts I through VII to catch you up to speed on the story that has twisted and turned like a tangled ball of yarn, visit http://www.adrianleeds.com/parlerparis/viager/. For now, you can catch up to the latest developments.
In Part VII, the contractor had almost completed the demolition of "Le Saint-Tropez," discovering much hidden attributes, including two additional skylights having been covered over. A covered-over rounded window onto the terrace was discovered and subsequently opened which will be a kind of "portal" onto the sky from the bathtub/shower. There are three chimneys in the one small space, but unfortunately, none will be used for a working fireplace as every inch of available space in the 22-23 square meters is needed for storage and elbow room.
In the "chambre de bonne" down the hall affectionately named "La Brigitte," old beams were found under the ceiling and cleaned off in preparation for refurbishment. The demolition was complete and the plumber laid the piping in both apartments. The apartment was now ready for the "chappe" (floor foundation) to be poured. This is when it all went awry.
Monsieur de L., the "Syndic" delivered a copy of a letter he had written to the Notaire in my mailbox, outlining how in February of 2006, the "copropriété" had voted to ‘give’ the illegal terraces to the owners of their adjoining apartments, and therefore the terrace that I had always believed was not legally mine, was in fact just that — mine! This was the first time that he had enlightened us on this issue, so that the deed to the apartment is now incorrectly written and of course, it means that all expenses related to the terrace will be my responsibility.
This was GOOD news to say the least, but of course, it means that an adjustment to the deed is in order, which is likely going to cost something in taxes and fees, as nothing of this nature is ‘free’ in the eyes of the French government!
Meanwhile, our contractor was sinking in financial problems and announced he was about to file for bankruptcy. I had already given him 30% advance payment for the work (more than enough to cover quite a lot of construction work), but to lay the chappe, he needed more money to pay for materials and labor. The money I had given him was gone — to where or what I may never know. This was one day before leaving for 10 days in Egypt, so I declined his request, left for vacation and hoped for the best…
Read the entire article at http://www.adrianleeds.com/parlerparis/issues/pparis16-11-09.html.
If you’ve followed the progress of "Le Palace des Vosges" (our Fractional Ownership property at Paris’ best address) over the past year, then you’d know that the first owners are already enjoying the property. Just before they arrived, we had an opportunity to take a full video tour of the finished product and new photos!…
If you’re unable to view the video above, to see the latest video (produced by http:
reen-view.fr/), go to:
The latest photos are available at http://www.palacedesvosges.com/PDV_decor.html.
Special offering to French Property Insider Readers:
1. Purchase a share and have your 15,000€ deposit received in the escrow account by December 31st, 2009 and receive a 5000€ discount off the price of your share!!!
2. Stay 5 nights or more in Le Palace des Vosges at the rental rates quoted by Parler Paris Apartments (http://www.adrianleeds.com/parlerparis/apartments/)** (based on season, length of stay and availability — only unsold shares are available for rental) and if you purchase a share within 30 days of the end of your stay, then your stay will be free (less expenses***) and your rental fees will apply toward your purchase of the share!
* You may take advantage of one special offer only, not both.
** Rental rates are based on the following:
Nightly 375€ – 525€
Weekly 2,360€ – 3,300€
Monthly 5,900€ – 8,250€
*** Expenses are based on 15% of the rental fee and include housekeeping, supplies, laundry and concierge services (meet/greet).
To secure your rental, email John Rule at email@example.com.
Eight shares are still available. For more information about how to purchase your share of Le Palace des Vosges, visit http://www.palacedesvosges.comor email Mary Ellen Gallagher at firstname.lastname@example.org.
For those of you who love "le vin rouge," don’t forget that today is Beaujolais Nouveau time! By French law, Beaujolais Nouveau is released on the third Thursday of November all over the world. Because of excellent growing conditions, this year could be the best vintage in 50 years (or so Georges Duboeuf says). It’s made from Gamay grapes produced in the Beaujolais region of France (duh!) and Georges Duboeuf (among others, but most notably) saw the potential for marketing a rather ordinary wine within weeks of harvest. Yes, I hate to burst your bubble, but "Beaujolais Day" is basically a media event par excellence.
The slogan, “Le Beaujolais nouveau est arrivé!” ("The new Beaujolais has arrived!," was changed to "It’s Beaujolais Nouveau Time!" and in the United States, it is promoted as a drink for Thanksgiving, which, of course, falls one week later. Duboeuf remains the biggest producer of Beaujolais Nouveau (duh!) and even if the wine isn’t France’s best product, everyone seems to have fun celebrating its release.
My favorite spot to celebrate is the "Bistrot Mélac," in the 11th arrondissement at 42, rue Léon Frot. The owner, Jacques Mélac, with his enormous handlebar moustache, is a sort of "Cyrano de Bergerac" from the town of Bozouls in the Aveyron. Well prepared Aveyronnais dishes accompany his excellent selection of wines and nothing compares to Jacques’ jovial atmosphere he’s most proud of…but be prepared during Beaujolais Nouveau to barely get a taste of his best local fare nor find barely a space in the SRO atmosphere of this multi-dining-roomed corner in working-class Paris.
***"Vacation Home in Paris" – Episode HHINT-1A05***
November 23, 2009, 12:00 PM ET/PT
House Hunters International Episode HHINT-402
***"Settling Down in Paris" – Episode HHINT-1A05
December 4, 2009 7:00 PM ET/PT
December 14, 2009 12:00 AM ET/PT
House Hunters International Episode HHINT-402
Burgundy is one of the most fascinating regions of France, often labeled as the Land of fine art and living, local life has a slow pace. The physical boundaries of La Bourgogne begin to the south east of Paris and to the north of Lyon. It is divided into four departments, the Yonne, the Côte d’Or, the Saône et Loire and the Nievre.
One of the most important changes for Burgundy was the construction of the Burgundy Canal (Le Canal de Bourgogne). It completely changed the social evolution for hundreds of small villages and hamlets. The canal is a masterpiece of pre-industrial revolution technology, spanning more than 250 kilometers in length and two centuries of construction.
The canal struggles to span across the region, slowly winding in smooth curves along the plains, or rising steeply with a concentration of locks which appear like staircases, before reaching the summit at Pouilly en Auxois. For almost two hundred years the waters of this man made canal have carried the weight of wooden or steel hulled barges.
The construction of the canal also changed the destiny of Burgundy, raising its status from a rural farming area to a that of a great state with navigable waterways connecting the north of Europe to the Mediterranean sea. Today the canal retains a small float of cargo carrying vessels, but it’s purpose has temporarily changed in offering voyages for people on barges which have converted into luxury hotels.
Wines which were introduced by the Romans as they progressed northwards along the Rhone valley; and then mastered by the monks at Nuits Saint George, creating famous names like Volany, Pommard, Gevery and Aloxe Corton which are now know throughout the world.
The vineyards spread for miles across the sloping south facing hills, with many producers still using the traditional methods, oak barrels and years of aging in the coolness of vaulted cellars to give us some of the best know Crus.
Photo Credit (top photo): Rogny les Sept Ecluses, by Adrian Leeds
A book by Jeffrey Greene
A House, A Village and a Love Affair in Burgundy…An American renovates a house in France! But what’s new here is that the house is in the Burgundy town of Rogny. The region of La Puisaye, with its swamps and murky woods, lacks the immediate attraction of Provence or Normandy.
The American builder is celebrated poet Greene and his companion, Mary, a renowned scientist currently at the University of Paris. After finding nothing fit for their taste or budget in better-known Burgundian towns, the author’s real estate agent leads them to remote Rogny.
Reconstruction efforts center on the town’s presbytery, abandoned by the church and its previous owner and ripe for restoration. Friends of the last priest to occupy the grounds and town tradesmen make up the cast of characters, whom Greene makes into neither caricatures nor odd rustics. As always, reconstruction absorbs more time and money than the author had anticipated.
The property takes on sentimental significance when Greene and his companion decide to get married there and their families descend on the little town. So attractive the place becomes that Greene’s mother emigrates from America.
Mark Knoblauch Copyright © American Library Association. All rights reserved.
Information on ordering the book can be found at http://www.adrianleeds.com/parlerparis/books/booksaboutfrance.html.
Photo Credit: The Presbytery, by Adrian Leeds.
Wednesday morning I shamefully missed an important press conference at the Hôtel de Ville sponsored by the City Hall of Paris in launching their new official Web site to promote nightlife in the City of Light: http://www.parisnightlife.fr. It’s in both French and English, has an interactive map and an easy search function. Be sure to bookmark the page to keep up with what’s going on in the "City of Nightlight" and do start to take more advantage of all the offerings while the sun is down.
For those of you interested in owning a rental apartment, keep in mind that guests do not look kindly on noise which may keep them awake! So, avoid purchasing property on noisy streets, but most off all, stay away from all that ‘nightlife’ the city is promoting! A lively bar can be death to a rental property.
PARIS (Reuters Life!) – Paris, whose wild nightlife drew generations of party goers from Ernest Hemingway to Jim Morrison, is now more notorious for curfews than carousing.
Dismayed nightcrawlers say swelling red tape, nightclub closures, gentrification and po-faced disapproval are increasingly thwarting their attempts to have a good time.
"’Smoke over there, put your glass down here’. We get told off all the time. In short, it’s the opposite of what we want when we go out at night," said Marthe Lazarus, a local artist.
At a recent press conference, nightclub, bar and restaurant owners expressed distress over the number of canceled concerts, buckets of water poured over smokers and epithets hurled at anyone who attempted to dance in a bar…
La Loco, a historic disco close to cabaret theater Moulin Rouge, is turning into a restaurant. Le Batofar, an electronic music hotspot on a barge, and Paris-Paris, another club, have all been shut down due to noise disturbance.
Several bars have also lost the right to open late and are now forced to shut their doors at 2 a.m. rather than 5 a.m.. One bar on the bustling Rue Montorgueil was shut down for eight days after closing at 2:20 a.m. rather than 2:00 a.m.
An explosion in property prices has also transformed areas formerly synonymous with fun such as Pigalle and Bastille.
On top of that, countless complaints have been made by residents irked by private parties or smokers forced by a smoking ban to light up outside clubs and restaurants…
Read the entire article at http://www.reuters.com/article/lifestyleMolt/idUSTRE5AH39Q20091118
Editor’s Note: There are numerous things to think about when looking to purchase a particular property in Paris. One of them is nearby nightlife. It is always a good idea to visit the neighborhood at night to get a sense of what it’s like around the apartment you’re interested in.
If you are interested in traditional fractional ownership properties currently offered by our Fractional Ownership partners, see below:
LE PALACE DES VOSGES
CHEZ LA TOUR
LE PETIT TRESOR
NOTRE MAISON DANS TOULOUGES
To see our latest Fractional offerings go to http://adrianleeds.com/frenchproperty/fractional/fractional_offerings.html
Not everyone can afford a private island or a fancy penthouse on New York’s Upper East Side. Still, for those who can, an invitation to the Luxury Real Estate Trade Fair will be just the thing to make the autumn seem brighter. And where better to promote high-end property than Paris, the world capital of chic? This elegant ambience will be further enhanced by the venue, Paris’s famous Musée du Louvre.
On the 27th, 28th and 29th of November 2009 Prestige-Paris will celebrate its third birthday with the assistance of France Convention, a specialist in niche and luxury trade fairs. This year’s gathering will be required both to meet the visitors’ very demanding expectations and outdo last year’s exceptionally successful event.
The recent recession has failed to affect the luxury sector as much as the rest of the economy, in fact the latest figures have revealed that the Parisian real estate market has improved. It seems that the most beautiful and luxurious homes never fail to find a buyer, a thought that will encourage participants in this most prestigious property exhibition.
If you’re buying a holiday home or investment property overseas, when you trade your currency is crucial. The euro exchange rate is constantly fluctuating, so trading at the right time will mean your money goes a lot further. Adrian Leeds Group LLC and Moneycorp are working together to ensure you make the most of your Dollar or Sterling when buying a property in France.
For the latest exchange rate use our currency converter at http://www.adrianleeds.com/frenchproperty/loan/moneycorpconvertor and learn more about moneycorp here:
If you are a guest staying in any one of our luxurious Parler Paris Apartments, and would like to consider having your own "pied-à-terre" for your pleasure and profit, contact Adrian Lees for a FREE one-hour consultation while you’re enjoying the apartment in the City of Light. Visit http://www.adrianleeds.com/parlerparis/apartments for more information or email me at email@example.com.
Parler Paris 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 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 thequality 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 heir best for your 100% guaranteed satisfaction.
SPOTLIGHT APARTMENT(S): Le Château Saint-Germain
Le Château Saint-Germain
Three-Bedroom, Sleeps up to 6
Le Château Saint-Germain is an elegant and luxurious three-bedroom/three-ensuite-bath apartment located in the very heart of the Saint-Germain-des-Prés district of Paris in a quiet corner with a view on the Abbey of Saint-Germain-des-Prés and steps from the liveliest part of the quartier. Visitors to Paris who are lucky enough to make themselves at home here will be talking about their delightful stay for years to come and return as often as they can. Located on the second floor (European, third floor American) of a 17th-century Hôtel Particulier (townhouse), the spacious rooms of the apartment circle around a central courtyard affording windows on all sides of the apartment with views of three tiny streets and the lovely serene courtyard. Every inch of the apartment was renovated within the last few years and no detail was spared. Upon entering the foyer, you may choose to turn left to enter the open living room/dining room/kitchen, positioned on two living levels, adorned by columns, a stone fireplace, tall windows and a state-of-the-art contemporary kitchen. Furnishings are antique and elegant, but inviting, friendly and comfortable.
Three days of indulgence in French cuisine, art, culture and property at London’s Earls Court, January 8th-10th, 2010…
Discover the magic of France by immersing yourself in the colors, the culture and the party atmosphere that is the France Show 2010 — the UK’s largest celebration of all that makes France such a special place.
The French Property Exhibition brings together estate agents, developers, solicitors, banks and other professionals covering just about every aspect of buying your property in France. Whichever location has taken your fancy — and suits your budget — you’re sure to find a suitable property.
Always a hive of activity, the French property section offers everything from expert financial advice to innovative energy solutions to picture perfect barn conversions and great investment opportunities. With hundreds of different exhibitors ready to talk to you, this is simply the biggest and best French property exhibition available in the UK.
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.
This week we focus on opportunities around the Burgundy region and in Beaujolais.
*** Burgundy, Morvan Sud: Two-Bedroom, approx. 65m²
Pleasant village cottage with amenities in walking distance. The house is on the ground floor and is provided with double glazing. Corridor (5m2) with fitted wardrobe, living room/dining room (28m2), kitchen (9,5m2), two bedrooms (each 10m2), bathroom (3.5) with shower. New oil-fired heating, storeage, large convertible attic, garage, cave.
Asking Price: € 115 000 + 2.5% Finder’s Fee
***Burgundy, Nivernais Sud: Five-bedroom, approx. 147m²
Maison de maitre on 1 hec. of grounds – on the edge of a market town with all ammenities. Detached house with lots of character. Basement: complete sousterrain with cellar, double garage, scullery. Groundfloor: landing with stairs to the first floor, large living room with fireplace, kitchen, two bedrooms. Second floor: three3 bedrooms, bathroom with bath, bidet, washstand, stairs to the loft. Nice garden with two barns.
Asking Price: € 155 000 + 2.5% Finder’s Fee
*** South Beaujolais: Five-bedroom, approx. 100m²
Stone House to renovate. Old property with potential to renovate.
Asking Price: € 250 000 + 2.5% Finder’s Fee
*** South Beaujolais: Three-bedroom, approx. 140m²
In one of the beautiful golden stone villages in south Beaujolais, this renovated old property has a spectacular view. On the ground floor you will find a kitchen/dining area and a living room. On the second floor, two light and airy bedrooms, a 50m² study area with a possibility of partitionning to create extra bedrooms. There is also a wine cellar, pool and pool house, and parking area.
Asking Price: € 350 000 + 2.5% Finder’s Fee
Notaires de Paris
Place du Châtelet
12 avenue Victoria
Additional information on Les Ventes aux Enchères des Notaires can be found on the Web site at www.encheres-Paris.com.
To read Schuyler Hoffman’s article about the property auctions in Paris, click on:
|The following properties will be auctioned off December 8, 2009:|
Editor’s Note: If you look at the properties on the Notaire’s site (www.encheres-paris.com), when you click on the information for a particular property there is also a link to Google Maps to show you exactly where the property is located.
When you make a purchase as important as a piece of real estate in a foreign country, you ant 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.
HELPFUL CONVERSIONS FOR REAL ESTATE
1 square meter = 10.7639104 square feet
1 hectare = 2.4710538 acres
For more conversions, refer to: www.onlineconversion.com/
The second Tuesday of every month, Parler Paris and French Property Insider readers gather at La Pierre du Marais for a drink and a "schmooze" –It’s an opportunity to meet and chat with other like-minded people and a great way to make friends! Costs nothing except your drinks. Don’t miss the next gathering Tuesday, December 8th, 2009 from 3 to 5 p.m. and every second Tuesday of the month (except August).
address, or update personal information
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5. Once you’ve made the changes, scroll down to the bottom of the page and click on "Save Profile."
Of course, we’re always happy to help, so if you do need assistance, send an email to firstname.lastname@example.org.
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 Web site. You will find the
"Past Issues" link on the left under "Subscribers Only" or by going to
www.adrianleeds.com/frenchproperty/insider/membersTo receive your free French Leaseback Report or the Paris Property
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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 uide and up to 25% off the entire purchase (if two or more guides are purchased at the same time). Here’s how it works:
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