Retire, Relax, Retreat,"Retraite en France"
A dream retirement home
(FOR SUBSCRIBERS ONLY)
April 17, 2008
Bonjour French Property Insider Subscriber,
The older we get, it’s natural to think more about where to spend retirement years. What you’re going to learn from today’s issue of French Property Insider is why France is a key destination for retiring British and why it is one of the world’s finest choices for retirement.
The two most popular areas of France for retirees are featured in today’s issue — the major cities that offer everything within reach (Paris and Nice) and the temperate climate rural areas of the southeast and southwest (Provence, Côte d’Azur, Dordogne, Limousin and Languedoc Roussillon). See some sample properties and read all about discovering to where you would consider this more relaxed period in your life.
Don’t miss the reprint of the article in this week’s Parler Paris about successful renovations that made a ‘silk purse from a sow’s ear’ — how it’s possible to completely makeover a Paris apartment that started with not much more than ‘good bones.’
And don’t forget, this coming Sunday, April 20th, 8 p.m. Paris time (11 a.m. to 12 noon P.S.T. and 2 p.m. to 3 p.m. E.S.T.), John Rule will join me and all of you who have registered on an exclusive Conference Call just for FPI subscribers:
"How to Have Your Own Paris Pied-à-terre…and Let Someone Else Pay For It!"
This is an opportunity to learn how to own your own piece of Paris at a profit!…your own apartment in Paris that pays for itself through creative financing and a profitable rental business.
Scroll down to learn more and register now as it’s limited to 50 participants and you will need the dialing codes to access the call. To register, email email@example.com
Next week, we’ll be sending you FPI from Berlin! I’ll be taking in all there is to learn about one of Europe’s hottest new cities and reporting on the findings the following week. Until then, sit back, relax, pour yourself a big glass of French wine and dream about your new home in France.
Editor, French Property Insider
P.S. For all you new subscribers, to ensure that you receive French Property Insider every week, please "White List" our email address or add "firstname.lastname@example.org" to your contact list to be sure to receive French Property Insider. For those of you who use spam filters, we cannot reply to your spam filter email requests, so white listing is extremely important.
Volume VI, Issue 16, April 17, 2008
* French Retirement Dreams
* Information on Retiring to France
* Renovation Gems
* French Property Prices on the Rise
* Buying a Villa in the South of France
* Upcoming Living and Investing in France Real Estate Conferences
* Free Conference Call for FPI Subscribers!
* Overseas Property Investors Returning to France
* French Property Consultation on House Hunters International
* Fractional Ownership Solution in France
* FPI Property Consultation, Search and Relocation Solutions
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: May 13, 2008
* Hot Property Picks: Relaxing Retirement Retreats
* Leasebacks: Demeures du Ventoux, France, Mediterranean Coast, Aubignan
* Managing Your FPI Subscription
* Classified Advertising: Parler Paris Apartments — La Bonne Nobel
Retiring to France
By Adrian Leeds
Photo: International Living
I warn you now. If you decide to retire to France, it will be the last move you make. Not because retirement implies the end of your life, but because life in France can be so idyllic you will never want to move away from it!
The British have made a habit of retiring to France in a big way. Some recent articles have reported that more than 55% of the British are hankering for leaving home, many of whom choose France as their number one destination.
ace="Verdana">Why? Well, the British say: climate, a traditional way of life, respect for elders, sense of community, more affordable property, a lower cost of living and better healthcare.
Americans who retire to France may have different reasons, but either way, France won International Living’s 2008 Quality of Life Index as the best place in the world to live for not only the world’s best healthcare, but also all it offers culturally, its central European location, its beauty and its amazing infrastructure — just its great transportation system is a perfect an example of that!
If you were to decide to retire to France, the question that is first and foremost is to where?
If you’re an urban kind of person, used to having everything at your disposal, particularly within walking distance, such as shopping, restaurants, theater, etc., then stick to the bigger cities. There is no city quite like Paris to satisfy all your urges within a few steps of some of the best transportation in the world. Combine that with warmer, more temperate weather and you might find yourself in Nice on the Côte d’Azur. Both of these cities offer large Expat communities to make you feel right at home and more to do than you’ll have time for.
On the other hand, if you’ve been nurtured to appreciate nature and enjoy outdoor activities, you may choose a more rural environment where you can grow your own vegetables and breathe in lots of fresh air. You’ll find rural France less expensive and slower paced, but be prepared to need to drive, unless you’re content to live in a village house with easy access by train or bus.
The British favor Southwest France — the Dordogne, Limousin and the region of Languedoc Roussillon — whereas the Americans tend favor Provence and the Côte d’Azur. The Southwest is still less expensive than the Southeast and access has improved with high speed trains arriving in Montpellier from Paris in 3 hours 15 minutes. The TGV ("Train à Grande Vitesse") is planned for reaching Nice within the next few year.
Be careful to choose a property that doesn’t overextend your real needs or requires too much work or expense. If you’re thinking of a country home, consider that as you age, you may not want to rely on a car. Buying something with lots of character is fine, as long as it doesn’t need too much TLC (tender loving care), not to mention expense.
Remember the French inheritance laws are strict, so setting up the structure of the purchase from the outset will be important to avoid leaving problems upon your death. Writing a French will be necessary.
Hundreds of thousands of people happily retire to France, and while the red tape and bureaucracy can seem overwhelming, with careful advance planning, you can avoid the pitfalls and find life in France absolutely heaven.
More You Should Know About Retiring to France
By Adrian Leeds
Photo: Erica Simone
There’s no special incentive visa for retirees, but retiring in France is simpler than you might think. First, you must apply for a long-stay visa ("Carte de Séjour — Visiteur") at the nearest French consulate in advance of arrival in France. To obtain the visa, you must prove you have the financial means with enough to satisfy the authorities along with a health plan that covers you in France.
Plan on provided plenty of documentation and note these requirements:
* A passport, signed and valid for three months after the last day of stay.
* Eight separate application forms, signed and legibly filled out.
* Eight passport-size photos per individual glued to the forms.
* Non-U.S./Canadian citizens will also need evidence of current legal residency status.
* One long-term application annex, which must be completed, dated, signed, and notarized.
Please check with the French consulate nearest you for complete instructions.
Of course, don’t go this far until you have had at least a three-month trial in France to find your home base and to network with other retirees. Paris is the most expensive place to live in France, so, if you’re on a limited budget, you may want to consider retiring in the French countryside where the cost of living is less expensive.
There are several obtainable and very affordable healthcare programs in France specifically for Expats. We recommend that you work with an insurance firm that specializes in these kinds of policies:
Advantage Insurance Associates
17 rue de Châteaudun
Tel 01 44 63 53 82
Fax 01 44 63 52 66
Home, Car, Professional Insurance:
Or for more information, contact the Association of Americans Resident Overseas (AARO): http://www.aaro.org/
One Man’s Junk, Another Man’s Treasure
Reality Paris: Extreme Apartment Makeovers
By Adrian Leeds
An Excerpt from Parler Paris
Wednesday, April 16, 2008
ize="2" face="Verdana">Twenty years
of memories sat on a Paris sidewalk.
ize="2" face="Verdana">Twenty years
When leaving the apartment last night to go to dinner with a friend, I passed the stack of some of the furnishings now discarded from the recent renovation. They consisted of a purple laminated occasional table that had been in the Leeds foyer since 1987 and a green press-board coffee table that had seen more glasses of wine and party snacks than one can count since 1989. Both had been gathering dust under the beds long ago replaced, but too difficult to part with…not the tables, but perhaps with the memories.
And there they sat waiting for someone to pick them up and make them pretty and useful once again. By the time I arrived home before midnight, all was gone. Who knows where they have landed(!), but one hopes, in some happy home.
Paris sidewalks are a great place to discover one man’s junk, another man’s treasure. Professional scavengers succeed regularly, reducing the work of "M. Poubelle" — what I affectionately call the trash collectors in their bright green uniforms and funny plastic seaweed-fashioned brooms.
When we visit apartments on the resale market, most often they look pretty much like junk, too. Rarely is an apartment in a condition you’d want to live in without renovation…especially in Le Marais, where buildings are as old as 300 or 400 years and residents having occupied them since World War II.
But if the ‘bones’ are good, then some smart new owner can ‘pick them up and make them pretty and useful’ once again. In fact, the transformations we’ve seen in the last couple of years are every bit as shocking as Reality TV’s extreme makeovers using plastic surgery, breast augmentation, liposuction, teeth whitening and a new wardrobe.
Instead, the interior designers, architects, carpenters, electricians and plumbers take cracked-infested ‘boxes’ and turn them into Parisian palaces. Take for example, Kathy N.’s apartment on rue du Temple. It started out with a kitchen the size of a closet wedged between four beams in the center of the living room, the hot water tank was in the corner of the living room and the exposed beams were painted pink, of all colors. The two terraces hadn’t been touched in years, old underwear having fallen on to one of them from the neighbors’ laundry above.
But the potential was there. A clever architect created a galley kitchen separating the bedroom and living room and acting as a hall to the bathroom, opening all the spaces and enabling the apartment to ‘morph’ as needed into two bedrooms when the "Murphy" bed is unleashed from its hiding place in the living room. The terraces are now private oases from the narrow Marais street one flight below and in their honor, the apartment has been officially named "La Terrasse du Temple."
Tom and Anne B.’s long narrow 27 square meter ‘box’ on rue Saint-Sébastien in the 11th district had charming exposed beams, but those were the only real redeeming features except for a carved door hidden in a pantry that had too many layers of paint to count. When the contractor opened the floor of many levels, he discovered a world of problems and a hole leading to the level below — all a challenge to overcome. Maximizing space while focusing on a gourmet kitchen to satisfy the owners’ culinary hobbies, Martine di Matteo, our associate designer, found brilliant ways of marrying a bedroom, a living room and a large working kitchen all in Art Deco style with plenty of storage. The layers of age on the carved door were unearthed by her talented husband turning into a masterpiece of the apartment as it became the kitchen cupboard door where it can be seen from every vantage point. The apartment is newly completed and awaits vacation renters as "Le Deco."
Dermot M.’s "pied-à-terre" on the tiny "ruelle" of Cité du Petit Thouars in the historic Temple district was more a box than the others, if one can believe that, with half the apartment eaten up by an oversized hand-constructed wooden kitchen. Moving a wall to enlarge the bedroom and installing elegant French doors to separate the dining room from the bedroom turned this ‘box’ into a mini-château in luscious shades of purples and plums, appropriately named "l’Aubergine." Recent vacation renters have been singing its praises for soothing comfort in a charming location.
Ralph and Karen M.’s Montmartre apartment is in an idyllic spot at the base of a typical "Amélie Poulain" staircase just off rue Caulaincourt on one-block-long rue Nobel, but the toilet was wedged into a sharp triangle and the bathroom was a tiny square ‘box’ in dark colors that felt like you were showering in a coffin. An antique enamel fireplace sat in a corner but you couldn’t see it for all the walls obstructing it nor could you see the beautiful views out the large windows. Walls came down and rooms were opened for access. The triangular toilet turned into a unique American-style kitchen and the living room/dining room is now embraced by the two bedrooms with French doors connecting all three rooms. The spaciousness achieved in 57 square meters with a bedroom, living-dining room, office/bedroom and now large and luxurious bathroom with huge tub (yes, I’m jealous!), is astonishing. It’s the newest addition to the vacation apartment line-up as "La Bonne Nobel" and noble it is.
If you haven’t noticed from the underlying enthusiasm, note that outside of the relative ups and downs associated with renovation transformations comes immense satisfaction and pleasure watching One man’s junk become another man’s treasure.
French Property Prices On the Up
Experts Advise Buyers to get on the Ladder Now
With house prices in the UK in sharp decline and the pound weakening against the euro, many property experts are advising buyers to invest in that dream home across the channel now before the situation worsens at home.
French property experts VEFUK told clients on its website: "the gap between the dream property that you might have been planning to buy and what your money will now get you is growing daily," and urged potential investors not to waste any time in getting on the French property ladder.
According to the latest figures from FNIAM, the largest federation of Estate Agents in France, house prices have risen by 3.1% on average for the first three months of the year.
The south east of France (Provence and the Alps especially) has performed exceptionally well, with property prices soaring by 5.3%.
Although these figures are great news for those who already own French properties, those looking to buy a home in France may find the prices higher than expected if they wait much longer join the fray.
Why Buy a Villa in the Languedoc-Provence Region?
By Jeremy Law
Isn’t that what people with little taste do in Spain? Aren’t they modern, single storey, rendered and lacking those important features that UK and Irish buyers have traditionally looked for in their French property?
Think again. Here in Languedoc-Provence they are indeed modern, so they are energy efficient, easy to maintain and easier to alter. They tend to be built on the edge of villages and towns – just the location clients often ask for. They are often on hand-picked plots of land with lovely views, and enjoy private spacious gardens with mature trees. They have parking or garaging. Nearly all are in areas where pools are allowed (if not already in place). So what is the problem?
Well, I think we get hung up on the look of them, and with some justification. But they don’t have to be unattractive. Many are built in this area with some walls faced in or made from local stone. Many have been built on plots with olive groves or surrounded by garrigue, so that with their traditional roman tile roofs and soft-toned renders and shutters, they blend gently into their rural setting. There are also a number of very high quality contemporary villas available showcasing contemporary architectural style, materials and technology.
A modest two bedroom villa with 300m² of garden, on the edge of a village with basic shops, can be bought in this area for 250,000 euros. You can buy a villa with a pool and large garden for under 380,000 euros. 580,000 euros can get you six bedrooms, 3000m² of land and a 15m x 8m pool close to the Pont du Gard.
They will not be to everyone’s taste, and some people will always search out their dream stone property, but for those seeking the French way of life, those who want to spend time perhaps creating or enjoying a beautiful garden, or those who want a low-maintenance modern home in a great setting, a villa might just be the answer.
Adrian Leeds, of Parler Paris and French Property Insider and John Howell, The International Law Partnership, Present the…
Living and Investing
in France Real Estate Conference
Upcoming Conferences in 2008:
Date: June 22, 2008
Location: International Law Partnership Offices, Holborn Hall, 193-197 High Holborn, London WC1V 7BD
Times: 10 a.m. to 6 p.m. with buffet lunch
Limit: 25 attendees
Registration Fee: £147 1st person, £97 2nd person
For more information, email email@example.com
To reserve your place, click here http://www.adrianleeds.com/frenchproperty/conference/LIF_London_June_2008/fax_reg_london_2008.pdf
to download the registration form, print it, complete it, sign it and fax it to +1 (661) 554-1257.
To check the current rate of exchange, click here http://adrianleeds.com/frenchproperty/loan/moneycorpconvertor.html for the Moneycorp Currency Convertor.
Date: July 26-27, 2008
Location: San Francisco, Alliance Francaise, 1345 Bush Street, San Francisco, California 94109
Times: To Be Announced
Registration Fee: To Be Announced
For more information, email firstname.lastname@example.org
Date: October 11-12, 2008
Location: Paris Chez Jenny
Times: To Be Announced
Registration Fee: To Be Announced
For more information, email email@example.com
ace="Verdana">FREE CONFERENCE CALL FOR FPI SUBSCRIBERS!
ace="Verdana">FREE CONFERENCE CALL FOR FPI SUBSCRIBERS!
"How to Have Your Own Paris Pied-à-terre…and Let Someone 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
The recent vibes that France is offering an island of comparative strength, stability and promise in a stormy sea have been well documented, but the country, it seems, has not just remained strong enough to keep its position in the market. It has, it has been said, gone further still and is attracting back the money which has spent the last few years being spent on the brave new worlds of less familiar locations.
Such a situation is the one described by Louise Hall, business director at a property investment firm. She stated that after a few years in which places such as eastern Europe attracted investors looking for a fast return on a rapid boom when such countries joined the European Union, the investors are now switching back to the old favorites.
She observed: "A lot of the people who had invested in places like eastern Europe are now selling up and going back into familiar locations, such as France, Spain and so forth."
While some of this may be down to the eastern markets being saturated or simply not as good as was hoped, it may simply be a case of the appeal of favorite destinations. Discussing France, Ms. Hall commented that it was "hard to discern" how much of the buying of French property was for investment purposes. What she was sure of, however, was the areas that are most popular, such as the Mediterranean Coast, which, she suggests, may only be partially affected by the liquidity crisis that has hit so hard elsewhere.
"Although the Côte d’Azur and the whole of south-eastern region has always been very popular and hasn’t been affected to date by worldwide issues such as the credit crunch, I think that may have an effect in terms of general movement and because prices are so high there," she commented.
However, the area is still "quite strong" because a lot of British money is still going there, whereas, she noted, while some areas saw many Britons priced out they simply looked to other, less expensive areas, such the Dordogne.
Of course, the issue which may find many investors looking to France is the projections for growth that outstrip may of its neighbors. French property specialists VEF announced today that figures from FNAIM, the largest estate agency federation in France, had revealed a 3.1 per cent rise in prices across the country in the first quarter, with Provence and the Alps doing better still at 5.3 per cent.
The firm has advised those who are looking to invest to do so quickly, as the value of sterling is continuing to decline against the euro.
It may well be that the return of investors to France is a reflection of this trend, with buyers looking to take advantage of a window of opportunity. Or it may just be that if France is the safe option just now, a risky adventure in the unknown waters of some of the new markets is something few will want to undertake.
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.
May 05, 2008 11:00 PM ET/PT
May 06, 2008 3:00 AM ET/PT
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 May 13, 2008, and every second Tuesday of the month.
HOT PROPERTY PICKS: Relaxing Retirement Retreats
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, 3rd Arrondissement, 4 rooms, approx. 76 m²
Near rue de Turenne and Saint-Sébastien Froissart, in a traditional Parisian building. Beautiful, large apartment with exposed beams. Includes an entrance, large living room, open kitchen, two bedrooms, bathroom, separate toilet and patio. Very bright with lots of great features — a must-see!
Asking Price: 794,000€ + 2.5% Finder’s Fee
***Nice, Apartment, Promenade des Anglais, approx. 73m²
Across the street from the beach in the prestigious Carre d’Or area of Nice, this classy two bedroom apartment has a corner exposure with two large and airy bedrooms and a fully fitted kitchen. The best room in this apartment has to be the light filled living room with its high ceilings and four large double glazed French windows — three look to the west running along the Promenade des Anglais and two face south out over the sea. The apartment was recently renovated, but retains some of its original features including parquet flooring throughout.
Asking Price: 479,000€ + 2.5% Finder’s Fee
***Limousin, Village House
This stunning property has been lovingly renovated throughout to provide a comfortable family home. Situated on the edge of a small town, the local facilities including post office, bank, bar/restaurant and supermarket are all within a five minute walk. Limoges airport is only a forty minute drive away.
Asking Price: 223,500€ + 2.5% Finder’s Fee
***Dordogne, Village House
Situated in a small village near to Verteillac, this traditional property has been fully restored. The main floor includes a spacious entrance hall with wood stairs to the upper floor, an office, living room with fireplace and windows overlooking the garden, dining room with a patio door to the garden, newly refurbished kitchen, large bathroom, separate toilet. The upper floor has two large bedrooms and a new shower room with toilet. There is a separate duplex guest bedroom with shower room and toilet, plus independant access.
Asking Price: 363,125€ + 2.5% Finder’s Fee
LEASEBACK NEWS FROM IMOINVEST
DEMEURES DU VENTOUX
France, Mediterranean Coast, Aubignan
One Bedroom 34m² to 34m² €91,000 to €91,000
Two Bedrooms 49m² to 60m² €131,000 to €161,000
Three Bedrooms 70m² to 70m² €186,000 to €186,000
GUARANTEED RENTAL INCOME UP TO: 4.55%
Three-star Leaseback residence located near the Provençal village of Aubignan with beautiful views over the region’s lush green forests and vineyards surrounded by the Carpentras Canal and the Ventoux Mountains. Aubignan is nestled in the heart of French Provence only 25 km from Avignon and only steps from the Beaumes de Venise vineyards famous for the delicious Côtes du Rhone grapes. Here you will have the opportunity to take advantage of the peaceful countryside while being very close to the town and its facilities (6 km from Carpentras). Part of this small market town is surrounded by ramparts dating from the 14th century.
This new build residence will comprise 212 apartments spread out amongst 7 groups of residential cottages. Each cottage village will present a unique setting including pedestrian cobblestone trails and private green gardens to sit and relax. Apartments will range from 1 to 3 bedrooms with parking and terrace. Living areas will range from approximately 34 to 70 square metres. Apartment prices will range from 91,000 euros to 186,000 euros net of VAT and excluding furniture.
This residence will be fully managed therefore investors will not have the hassle of looking for tenants or upkeep of the grounds! Investors rents will be guaranteed by a commercial lease therefore even if your apartment is not rented out, your rents will be paid. Investors will have the option of purchasing their property under the French Leaseback scheme offering a pure investment for the highest rental return or a reduced rental return and up to 8 holiday weeks per year. In addition, investors may purchase under the Quasi Hotel scheme allowing for up to 6 months of holiday use per year and a guaranteed rental income.
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.
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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.
La Bonne Nobel
Rue Nobel – one of Montmartre’s Most Charming Streets
Two-Bedroom (One-Bedroom + Bedroom/Office), Sleeps 4
On the third floor with elevator of an elegant "pierre-de-taille" building, on a quiet stair-stepped street in Montmartre, with no through traffic or hint of noise, sits "La Bonne Nobel." Completely renovated in late 2007, this gem is bright, shiny and luxuriously comfortable. Every surface and corner of the apartment has been exquisitely decorated in soothing tones of pale blues, beiges and soft browns.
Reserve now! Visit http://www.adrianleeds.com/parlerparis/apartments/rentals/nobel.html
or email: Apartments@AdrianLeeds.com
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Copyright 2010, Adrian Leeds®
Adrian Leeds Group, LLC, http://www.adrianleeds.com