Paris Property Prices and Profitability
Lovely Les Portes de Notre Dame Rental Pied-à-Terre
(FOR SUBSCRIBERS ONLY)
April 3, 2008
Bonjour French Property Insider Subscriber,
As the weather turns warmer and sunnier, the Chambre de Notaires has published the property market statistics for Paris and the Ile de France for all of 2007. In today’s issue, be sure to read the report and learn how property in Paris remains strong as ever with prices up more than 10% and learn which districts make the best bargains.
One of our readers is offering a share in a penthouse apartment on the Ile Saint-Louis — an unusual offering to take advantage of before it’s too late, but scroll down to read more about the other fractional ownership opportunities presented by Paris Home Shares and French Property Shares.
If a share is not what you’re after, and would rather have your own "pied-à-terre" in Paris, be sure to read how to "Let Someone Else Pay for Your French Property…Or How to Buy Now, Pay Later" and mark your calendar for a FREE conference call open only to FPI subscribers on April 20th titled "How to Have Your Own Paris Pied-à-terre…and Let Someone Else Pay For It" with myself and our Mortgage-Rental Manager, John Rule. There are only 50 spots, so be sure to register in advance.
Tomorrow, House Hunters International will be running "Settling Down in Paris" — an episode they filmed with our readers, Ben and Angela Harris, who purchased an apartment in the 3rd district, renovated it and then married. It’s fun to go through the process with them, as you might, when it’s your turn! Scroll down to note the days and times it airs so you won’t miss it.
For your friends who aren’t yet FPI readers, please remind them that between now and April 15th they can subscribe at half price — $29!!! Send them to http://www.adrianleeds.com/frenchproperty/insider/members/signup.php to subscribe before it’s too late and take advantage of the FREE conference call!
Editor, French Property Insider
P.S. Next Tuesday we’ll be gathering from 3 to 5 p.m. at La Pierre du Marais for our monthly Parler Paris Après Midi! Be there if you can! It’s free and it’s fun. Visit http://www.adrianleeds.com/parlerparis/apresmidi.html for more information.
Volume VI, Issue 14, April 3, 2008
* Paris Property Prices Update
* Understanding the Reported Property Prices
* Share a Pied-à-terre on Ile Saint Louis
* Free Conference Call for FPI Subscribers!
* Buy a French Property Now, Pay Later
* French Property Consultation on House Hunters International
* Overseas Property Purchase Tips
* Best and Worst International Property
* France Still Tops in Investment Property
* Fractional Ownership Solution
* FPI Property Consultation, Search and Relocation Solutions
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: April 8, 2008
* Hot Property Picks: Most Appreciated Proerties
* On the Auction Block: April 15, 2008
* Leasebacks: Domaine du Château de Cely, France, Paris / Ile de France, Cely
* Managing Your FPI Subscription
* Classified Advertising: Parler Paris Apartments — L’Aubergine
Paris Property Prices Surpass a 10% Increase in 2007
By Adrian Leeds
Just released this week are the facts and figures for the Paris property market according to the Chambre de Notaires de Paris and up, up, up again they rose!
From third quarter 2007 to fourth quarter 2007, prices rose 2.7% to an annual rate of 10.5% with an average per square meter price of 6,360€. (Please read the following article to understand how the average reported prices are actually 30% to 50% lower than current market value!)
The district which remains the most expensive is the 6th with 9,790€/m2, up 14.4% over 2007, followed by the 7th with 9,260€/m2 up 12.9%, to the 4th with 9,040€/m2 up 15.7% and the 1st with 8,200€/m2 up 16.1%.
In contrast, the least expensive district is the 19th with 5,050€/m2 up 10.6%
over 2007, followed by the 20t
h with 5,340€/m2 up 12.1%, to the 18th with 5,450€/m2 up 6.5% and the 10th with 5,560€/m2 up 9.4%.
Districts with the Most Appreciation:
Since 1998, prices have steadily risen, surpassing all previous years by more than triple since 1985.
To maximize your investment, you may want to choose a district where you can purchase at a bargain with a high appreciation, such as the 19th, 20th, 11th and 17th. That being said, if you are seeking a high return on a rental apartment, these districts may not yield the occupancy rates to be profitable. Look at central Paris to achieve that — the 2nd and 3rd still performing well.
To obtain the pdf report in its entirety, visit:
How to Understand the Reported Property Prices
By Adrian Leeds
I can’t stress this enough. When reading the previous article and looking at the most current reported property statistics, please learn HOW to understand them so that they will be useful to you.
The property price figures for Paris and the Paris region (Ile-de-France) are reported quarterly by the INSEE, the French National Institute for Statistics and Economic Studies (http://www.insee.fr/en/home/home_page.asp). Just this April 1st, the statistics were released for the end of fourth quarter 2007, three months after the closing of the year. Given that the properties to which the statistics relate were purchased about three months earlier than the deeds were recorded (the time between the signing of the Promesse/Compromis de Vente and the Acte de Vente, you can assume then, that these figures are already out of date by six months.
In light of that fact, now let’s look at how it affects the market values you will experience when you set out to look at properties. This report averages Paris per square meter prices at 6,360€ with an annual appreciation of 10.5%. Six months is 1/2 of the year. If you were to visit properties today, you can already expect the prices to be about 5.25% higher (1/2 of 10.5%), or 6,694€ per square meter.
Other factors that contribute to this variance are: the reduction in the purchase price, which can be attributed to 1) direct payments made to the sales agent to help reduce notaire fees, 2) the listing of inventory of fixed furniture such as built-ins and appliances and 3)the under-the-table cash transactions, which are illegal but do occur.
Finally, the figures are diluted as they are reported by an arrondissement in its entirety and do not account for differences by neighborhoods or quality of properties.
I’m no mathematician nor economic analyst, and I’m sure among you there are readers who can correct my rather plebeian theory, but we know for a fact, that the actual market values are considerably higher than those the Chambre de Notaires report. We know based on property searches and visits we perform daily.
So, when setting out to find your perfect Paris apartment, keep in mind that what really counts are the asking prices of comparable properties.
Have a Share in a Pied-à-Terre on the Ile Saint-Louis!
This is your opportunity to own one portion of a 42 square-meter (475 square feet) loft on the romantic Ile Saint-Louis for less than 100,000€!
Located on Quai de Bourbon, in the heart of Paris and on Paris’ chicest island, this bright, quiet and charming penthouse apartment has a fireplace, mezzanine with 18th-century exposed wood beam ceiling, skylight, is fully furnished and equipped with a separate kitchen and spacious bathroom. You will lavish in its old-world charm and gently hear the bells of Notre Dame chime in the background, while enjoying the benefits of your investment.
This offering is made by an individual who has rented the apartment for years and has a special opportunity to purchase the property, sharing it with a select group of four or five other owners.
This is an opportunity you won’t want to miss if you have even the slightest desire to own your own pied-à-terre in Paris and make an important investment in the strong and getting stronger euro.
Do not delay to contact the organizer or the available one or two shares will be gone fast! Email email@example.com for more information and be sure to say that Adrian sent you.
FREE CONFERENCE CALL FOR FPI SUBSCRIBERS!
"How to Have Your Own Paris Pied-à-terre…and L
ne Else Pay For It" with Adrian Leeds and John Rule.
Learn how to own your own piece of Paris at a profit! Adrian Leeds and Mortgage/Rental Manager, John Rule, will teach you how to have it all!…your own apartment in Paris that pays for itself through creative financing and a profitable rental business.
During this one-hour session Learn how Adrian started with $40,000 to buy her first apartment in Paris only eight years ago and turned that into $1.4 million value in property today! You will also learn how a tiny studio apartment, such as "Le Provençal," can generate as much as $48,000 rental income in one year (true!)…and how that success helped build a small portfolio of valuable properties by using someone else’s money!
Don’t miss this eye-opening session with Adrian, John and French Property Insider readers.
Date: Sunday, April 20, 2008
Time: 8:00 p.m. to 9 p.m. Paris time, 11 a.m. to 12 noon P.S.T. and 2 p.m. to 3 p.m. E.S.T.
Cost: FREE to French Property Insider Subscribers
Limit: 50 participants
Register: Email firstname.lastname@example.org
Let Someone Else Pay for Your French Property…Or How to Buy Now, Pay Later
By Adrian Leeds
Now is still the time to buy property in France. The French property market remains stable, the interest rates offered by French lenders is still low and both the British pound and U.S. dollar continue to weaken against the euro. Those who ‘wait and see’ will be ‘missing the boat’ watching it leave the harbor with them standing on the platform kissing their opportunity goodbye.
Prices in key areas of provincial France, such as the Languedoc, Dordogne, south Limousin and Lot-et-Garonne are expected to increase up to 15%. Older properties, particularly those of stone or other materials indigenous to their areas, will command the highest of prices, but they are rarer and more difficult to find.
Paris remains stable as increases have been increased 10.5% this past year (2007).
As both the U.S. Dollar and British pound have declined against the euro, you would have saved money if you had purchased earlier, but you would have saved money based simply on the appreciation of the property, even if the currencies had remained stable. That means that while the property is increasing in value and you’re sitting still ‘waiting’ for the pound or dollar to strengthen, you’re losing money doing nothing.
Predictions say the currencies will continue to weaken against the euro and that property will continue to increase. So what are you waiting for?
And with creative financing, there is no excuse. A French mortgage can reduce the amount of euros you will need to purchase and some lenders are offering lots of creative products to reduce the exchange to a minimum. Plus, interest rates are lower in France than in the U.S. and U.K., so the cost of borrowing is cheaper.
Yes, each repayment of a French mortgage will involve changing the currency, but the amounts are small and spread over a long period of time. If you own an investment property, then the rental revenues from that property will essentially pay the mortgage leaving you with little or no out-of-pocket expense.
If you take a mortgage which allows early redemption with no penalties, then with a stronger currency, you can pay off part or all of the loan at a reduced cost. If the currency remains weak, then the mortgage can continue until a more appropriate time.
To raise money to make a euro investment, you may be able to take an equity release against your U.S. or U.K. property. The benefit may be speed at which the financing can be arranged, but also, there is no mandatory life assurance attached to the mortgage.
There are lots of options to choose from to reduce the rate of exchange expense and risk, but all indications say this is as good a time as any to take the plunge and invest in French property…plus fulfill your dream of living in France.
See French Property Consultation on House Hunters International!
"Settling Down in Paris"
Angela and Ben met in 2003 when they lived in Los Angeles working for the same clothing company. Now, the two are engaged to be married. When Ben started receiving frequent overseas work, the company believed he’d be more valuable in Paris, so they happily relocated. They immediately moved into a cozy rental in the 17th district near the Arc de Triomphe and started to explore the different neighborhoods of Paris. The pair is now ready to take the big leap and purchase an apartment to stay for good. Property consultant Adrian Leeds is enlisted to help.
April 04, 2008 10:30 PM ET/PT
April 05, 2008 2:30 AM ET/PT
May 05, 2008 11:00 PM ET/PT
May 06, 2008 3:00 AM ET/PT
Intelligently Purchasing Internationa
* Keep clear, organized motives
Before you start looking for a property, ask yourself the following questions: The type of property you are wishing to purchase? How much capital do you have available to invest? Do you want it to be managed in your absence and rented out?
* Do the math
Don’t get carried away buying a property you cannot afford. Remember to add on approximately 10-15% to the asking price to cover taxes, fees and other costs. If you are looking to rent out your property, calculate what rent might be achievable over the year, both in peak and off-season, to help cover your mortgage payments, net of management fees and other costs.
* Chose a reliable agent/developer
Make sure that you contact a reputable real estate agent, one who will be able to provide all the necessary information on the property that you are looking to purchase. There are professional groups of agents that focus on serving the international buyer.
* Always use an independent lawyer
Engage a reputable and knowledgeable lawyer that speaks your language to provide legal advice concerning all aspects of your purchase including real property laws and taxation laws of the country where you are purchasing.
* Save money on currency exchange
Be aware that with a purchase as large as a property, you could save thousands simply by using a professional currency exchange specialist to make your money transfer. Remember banks generally don’t offer consumers as competitive rates as they do corporations. You can access these better rates through foreign exchange specialists such as Moneycorp. The savings can be in the thousands of dollars. You can also lock-in rates to avoid currency fluctuations.
Europe’s Best And Worst Property Markets
By Parmy Olson
Photo by Stephane De Sakutin/AFP/Getty Images
With permission by Forbes.com
When American real estate sneezes, Europe’s housing markets catch a cold.
Though some European countries are experiencing growth, recent house-price figures indicate that, as in the U.S., things in Europe are slowing down.
The big loser? Surprisingly, Ireland. House prices there have cooled, making its property market one of the first and most extreme casualties in the latest global economic downturn. Prices dropped 7% in 2007 after rising 12% a year earlier, according to figures from the Royal Institute of Chartered Surveyors (RICS), a nonprofit property consultancy based in Britain. That’s a serious downturn for an economy that has recently been seen as the wunderkind of the Eurozone…
To read the entire article visit http://www.forbes.com/forbeslife/realestate/2008/04/01/europe-property-housing-forbeslife-cx_po_0401realestate.html
France Seen as the Best Investment
With the global credit crunch having affected so many different economies around the world, not least their property markets, more and more experts seem to be singling out France as a shining beacon of hope.
This view may have been epitomized by an article on land values in Australian paper the Melbourne Age, which said that the whole of the western world had a tendency to put "real estate speculation on an untouchable pedestal" – with the one exception being France.
So is France the stable and safe property market which has avoided the effects of the credit crunch, thus offering a fine buyer prospect? It would seem so, according to property expert Cherise Williams. Writing in French Property News, she said the market in the country is expected to outperform Britain and Ireland and the country as a whole has suffered less from the subprime crisis than the UK, while the falling value of the pound against the euro and low Eurozone rates make this a lucrative time to invest.
Most of all, she suggested, the key factor in investment in French property is the fact that prices are still rising. She noted this year is expected see an increase of between six and eight per cent in house prices in France.
However, Ms. Williams suggested, those who target the right locations will see their investments do even better: "We expect prices in key areas within the Languedoc, Dordogne, south Limousin and Lot-et-Garonne to rise above the national average predictions, perhaps with growth of up to 15 per cent. Older stone properties in particular should see the highest price rises. Such properties are much in demand and obviously of limited supply."
All this gain can be achieved after buying at prices which are initially lower than their UK equivalents, French property portal VEF has stated. Declaring its comparisons of similar properties in the UK and France over the past year, it said "amazing" results had emerged. These included the comparison between the average price in the south-east of England (£443,986) and the south-eastern French region of Provence (£307,889), a difference of 30 per cent. In addition to this, it noted that Limousin in the heart of France was 53 per cent cheaper than the English midlands, while Brittany was 30 per cent cheaper than the north of England.
VEF declared that in the circumstances, "never has there been a better time to buy a
property in France,
" adding that Amanda Lamb, presenter of TV property show A Place in the Sun, said France would be her destination of choice.
In view of the situation right now, investors in property overseas may just look to join her.
Le Jardin Saint Paul
The "Fractional Ownership" Solution Update
By Adrian Leeds
Fractional ownership is a hybrid of direct ownership and time sharing, combining the best elements of both. The primary differences are that while timeshares involve many thousands of shares in a large complex with “resort” amenities and costs built specifically for that purpose, fractional ownership is joint ownership by only a few individuals in a single property whose value can easily be determined on the open market and for which there are very few, if any, resort amenities which must be managed and maintained (and paid for!). For Paris Home Shares, the city of Paris is it’s own resort!
See the Paris Home Shares Fractional Ownership Offerings:
LE JARDIN SAINT-PAUL — ONLY 3 SHARES LEFT!
The months currently available for 2008 are July, August and November.
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 complete! As a final touch, the granite counters were installed last weekend.
You can view a slide show of photos of the apartment at: http://www.flickr.com/gp/69276774@N00/07R372
To see a virtual visit of the apartment, click here: http://www.digitalive.fr/paris/tour.html
To those who have not yet purchased and are interested in learning more, the price of one share is now 92,000€. Only three shares remain for sale. They won’t last long.
To visit the site describing the property, visit
Apparently, rue Ferdinand Duval, home to Le Jardin Saint-Paul is THE TRENDY street in Paris. The attached article, highlighting rue Ferdinand Duval, was featured in the February 11, 2008 issue of ELLE magazine. We always knew that Jardin Saint-Paul was situated in a great little location. Now, apparently the secret is out…
To read the article in French, visit http://www.adrianleeds.com/frenchproperty/consultation/sales/fractional/ferdinand_duval_elle.pdf
NEW FRACTIONAL OWNERSHIP FOR SALE NEAR EIFFEL TOWER
Chez La Tour
Boulevard de Latour-Maubourg, 7th Arrondissement, Eiffel Tower
Two-Bedroom, 88.1 m2
Half Sold! 99,500€ / ONLY 6 SHARES LEFT!
Available for Use May 2008
Price increase scheduled late February 2008: 109,900€/share
If you would like to receive more information on this apartment, VISIT http://www.adrianleeds.com/frenchproperty/consultation/sales/fractional/chezlatour.html
NEW FRACTIONAL OWNERSHIP FOR SALE IN LANGUEDOC-ROUSSILLON
52,500€ for the first four shares / 10 shares available
Available for 5 weeks/year
Maison Bleue is a 3 tiered, 3 bedroom, 3 bathroom village home, with an open living room/dining area and a fully appointed kitchen. The house is furnished with a combination of French antiques, wicker and pine furniture, firm beds, unique lighting, fully equipped kitchen and many decorative items. It also includes Satellite TV, telephone, washer and dryer and all dishware and linens.
If you would like to receive more information on this apartment, visit http://www.adrianleeds.com/frenchproperty/consultation/sales/fractional/maisonbleue.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 Global Money Services: 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:
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
Come for a drink and to meet and chat with other readers in Paris…
The next gathering is April 8, 2008, and every second Tuesday of the month.
HOT PROPERTY PICKS: Most Appreciated Properties
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
***Paris, 1st Arrondissement, 5 rooms, approx. 107m²
Exclusive! Rue Etienne Marcel. Classic family apartment in a beautiful pierre de taille building, completely renovated. High ceilings, wood floors, 3 bedrooms, separate kitchen. Lots of potential.
Asking Price: 860,000€ + 2.5% Finder’s Fee
***Paris, 4th Arrondissement, 3 rooms, approx. 75m²
On Ile Saint Louis, in a 17th century building. Includes an entrance, living room, fully equipped kitchen, one bedroom on a mezzanine. bathroom, plus a studio with a bedroom, bathroom and kitchen. Two entrances. Lots of charm in a marvelous neighborhood, full of history. High ceilings, fireplace. In excellent condition.
Asking Price: 890,000€ + 2.5% Finder’s Fee
***Paris, 6th Arrondissement, 4 rooms, 67m²
Rennes and Place du 18 Juin. Beautiful pierre de taille building, restored. Four rooms, plus a balcony on the 5th floor with elevator. Living room, dining room, 2 bedrooms, fully equipped kitchen, large cellar. Open view with lots of sunshine.
Asking Price: 650,000€ + 2.5% Finder’s Fee
Next Sessions: April 1 and 15, 2008 at 2 p.m.
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 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:
April 15, 2008
|4 rooms 124,10 m²
7 avenue Franco-Russe
75007 Paris 7th
Opening Bid: 700,000€
|font size="2">||2 rooms 27,06 m²
61 rue des Vignoles
75020 Paris 20th
Opening Bid: 110,000€
|2 rooms 37,11 m²
11 rue de Mont Louis
75011 Paris 11th
Opening Bid: 125,000€
LEASEBACK NEWS FROM IMOINVEST
DOMAINE DU CHATEAU DE CELY
France, Paris / Ile de France, Cely
Studio 25m² to 27m² €100,000 to €105,000
One Bedroom 37m² to 43m² €142,000 to €164,000
Guaranteed Buy to Let – Leaseback
GUARANTEED RENTAL INCOME UP TO: 5.00%
Ideally located between the Fontainebleau Forest and the Seine River, with an on-site 14th century château that has recently undergone a complete restoration and offers a spa, gastronomic restaurant and views over an 18-hole golf course. Nestled within the heart of a 55 hectare park, this sumptuous residence comprises discrete buildings with exceptional views over the lush green terrain. This is a magical place to organize receptions (cocktails, seminars, weddings…).
Located 45 km south-east of Paris, Cely-en-Biere has direct access to the A6 highway and is located next to the Orly International Airport. From the Melun train station travelers are whisked off to Paris in under 30 minutes. The highly privileged setting, the full range of services and the quality of the tourism residence itself entirely meet the expectations of demanding customers who wish to organize large events, business trips or conventions. Quaint pathways allow residents to navigate from the residence to the many facilities found on-site and within the château, of which the sumptuous dining room, designed like a panoramic glass-house, is located at about 50 metres.
Within the Gatinais Natural Park, the beauty of Cely-en-Biere inspired the impressionist painters who were living in the village of Barbizon just nearby. At only 8 km from Cely, the village of Barbizon is one of the most visited places in a region full of golf courses, leisure areas, museums and castles to be discovered.
- 45km south-east of Paris
– Prestigious landscaped Cely Golf course
– Natural and privileged environment
– Dynamic business centers nearby
– All services of Leaseback Scheme included
SEEKING 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.
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?
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."
Of course, we’re always happy to help, so if you do need assistance, send an email to email@example.com
We wanted better guides.
So we wrote them.
Insider Paris Guides are written for people who love the City of Light. You’ll get a Paris insider perspective on Restaurants… Making a Life… Black Culture… Expat Writers…and the newest guide, Practical Paris!
French Property Insider subscribers receive a discount of 10% off any guide and up to 25% off the entire purchase (if two or more guides are purchased at the same time). Here’s how it works:
1. Click on special Web link we give you just for FPI subscribers.
2. Then order one or more guide(s) and use the promotion
code "ED762." This promotion code gives you 10% off your total
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:
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
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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/
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.
One-Bedroom, Sleeps up to 4
L’Aubergine sits tucked away on an historic and quiet Marais "cul de sac," making it an oasis of peace and calm. This second floor apartment (two flights) has two large bright windows that face a classic Parisian courtyard. With digicode, intercom entry system and elevator, it has been completely renovated and professionally decorated to the height of luxury, with a soothing "aubergine" (eggplant) and taupe color scheme. Everything in the apartment is new, from the designer linens and towels, to the appliances and electronics.
Reserve now! Visit http://www.adrianleeds.com/parlerparis/apartments/rentals/aubergine.html
or email: Apartments@AdrianLeeds.com
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