Retiring to France

Retiring to France

Retiring to the Good Life in France
The Garden Behind Notre Dame

(FOR SUBSCRIBERS ONLY)

French Property Insider

June 9 , 2005, Paris, France
http://adrianleeds.com/frenchproperty/insider

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Bonjour French Property Insider Subscriber,

Today’s feature article was written by David Andelman, Executive Editor of Forbes.com. Andelman recently joined Forbes from the New York Daily News where he was Business Editor. Previous posts included impressive positions with Small Cap Center and Bloomberg News, including 12 years as a foreign correspondent for the New York Times and seven years as Paris Correspondent for CBS News.

“During his 30 years in the news industry, Andelman has covered some of the world’s most significant global issues including all U.S.-Soviet summit conferences and Geneva talks on weapons reductions during the early and mid-80′s and interviews with public figures from around the globe.”(http://www.strategiy.com/mnews.asp?id=20050501103542)

David Andelman’s love of Paris brings him here from time to time. It was his last trip over the Christmas holidays that inspired yesterday’s article about Americans, particularly retirees, purchasing property in Paris, featuring the role we here at French Property Insider play to assist in their efforts.

Pascal Fonquernie, Director of Parismarais.com, contributed important information to the article — the benefits retirees in France enjoy. If you’re considering making the move to retire here, soon or even in the future, then take note of some of the advantages the over ’60′s can enjoy.

Every month, with the help of Pascal and his team, I write the Parismarais newsletter, issued the 15th. It’s free, so to subscribe, it’s a simple as visiting http://www.parismarais.com/parismarais-newsletter.htm

For newlyweds, Paris ranks as the number one destination, according to a recent survey. Are we surprised? Here’s your opportunity to buy a “sexy” pied-à-terre and decorate it romantically to appeal to the “Just Married.”

A 900 year anniversary of the death of Rabbi Rashi takes us to the medieval city of Troyes in the Champagne region. Troyes is the préfecture (capital) of the Aube département and is located on the Seine river. The 1420 Treaty of Troyes, which settled the Hundred Years’ War, was signed there and during the Middle Ages, it was an important trading town. It was also the birthplace of Rashi, and a number of illustrious French scholars, including Édouard Herriot (1872-1957), a radical politician of the Third Republic who served three times as Prime Minister. Just a two-hour drive from Paris, it’s a lovely city both to live in and to visit.

Scroll down for samples of beautiful properties in Troyes along with a few special ground level apartments perfect for retirees and a rental apartment in the heart of the Latin Quarter on rue de la Huchette, plus a leaseback property in the heart of the Pink Granit Coast of Brittany and Normandy.

A bientôt…

 

 

 

 

 

 

 

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

P.S. The first 100 individuals to register…are meeting this August August 10th in Paris…to learn from some of the finest experts in French real estate…how to make the most of the rest of their lives while building a portfolio of some of the most desirable real estate in the world. Click here to learn more: http://www.adrianleeds.com/parlerparis/liveinfrance/IIF_AUG_2005/IIF_home.html

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Volume III, Issue 23, June 9, 2005

In this issue:

* Forbes’ David Andelman Reports on Paris Real Estate
* Seniors in France Cash In
* City of Light in the Honeymoon Light
* Property Experts Predict the Future After the “No” Vote
* Rabbi Rashi from Troyes is Celebrated 900 Years Later
* The Most Important Thing You Can Do This Summer

* Today’s Rates of Exchange by Moneycorp Currency Brokers
* Après Midi Coming Soon
* Hot Property Picks: A Perfect Rental Apartment in the Latin Quarter, Ground Floor Greats and Half-Timbered in Troyes
* Leaseback News: The Heart Of The Pink Granite Coast
* What’s On the Auction Block This June
* Consultation and Search Services
* Getting a Mortgage is Easier Than You Think
* Take Advantage of Your Insider Discount
* Things You Need to Know
* Classified Advertising: New Vacation Apartment Near the Champs-Elysées Available for Summer Rental

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Paris: Expat Real Estate Boom
By David A. Andelman, Forbes.com
June 8, 2005
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http://www.forbes.com/2005/06/08/cx_da_0608paris.html

There’s a stunning new population trend in Paris–Parisians are selling their flats and moving out to the ‘burbs. On the face of it, that’s not truly astonishing. It’s been happening in the U.S. since World War II ended. The stunning fact is to whom Parisians are selling these days. It’s to Americans, especially older Americans. They’re the ones who are buying and moving in–in droves.

Despite the cost–after all, the euro is just coming off all-time highs against the dollar–Paris has somehow managed to retain its magical qualities for a host of foreigners, but especially for Americans.

“Some 20% of the sales in Paris are to non-resident foreign customers,” says Adrian Leeds, an American in Paris who’s been helping her countrymen make the leap across the pond for more than a decade. She has never been busier. “We have 27,000 readers of our e-mail newsletter Parler Paris. And the trend will only continue as long as mortgage rates remain low. And they are still below 3%.”

To a certain extent Paris’ appeal is obvious. In addition to the capital’s world-class dining and largely inexpensive cultural attractions, such as the many museums where seniors (in France that’s generally defined as over 60) receive discounts, France boasts inexpensive, widely-accessible transportation and one of the best health care systems on the planet.

Paris’ subway, the Metro, offers half-price (demi-tarif) tickets to senior citizens who’ve had the foresight to obtain them at the Bureaux d’Aide Sociale (social aid bureaus) of the Mayor’s office of each arrondissement in Paris. (The city is divided into 20 such areas, each with their own bureaucracy–an institution that the French have perfected to a fine science of frustration.) And hyper-efficient long-distance trains, which have special spaces to accommodate wheelchairs, make Paris an ideal base for exploring the rest of France and Western Europe, where seniors also receive half-priced fares.

There’s also been a lot of progress in recent years in senior citizen access, according to Pascal Fonquernie, whose Web site, http://www .parismarais.com will soon be sporting a page especially for seniors. Most city buses now have special wheelchair areas and ramps that lower to the sidewalks, street corners have been ramped, and handicap parking spaces are starting to appear.

French health care is among the most accessible in the world and open to all residents. At least two insurance companies–Advantage Insurance Associates and European Benefits–offer affordable health and life insurance to Americans abroad. Moreover, if expatriates decide to enroll in the French social security system–and pay the brutally high taxes (see: “The Misery Index”)–they receive full state-run health care which is among the most comprehensive in Europe.

At the moment, Paris’ residential real estate market is a boon for everyone. Francophile Americans can buy a cozy corner in one of the world’s most romantic cities for about what they’d pay for a Manhattan pied-à-terre. And the French who are looking to retire to the ever more congenial and less frenetic suburbs or countryside are seeing their property values rising at 14% or more a year and are happy to find willing buyers with hard cash–regardless of their nationality.

“The French sellers are walking away with a lot of bucks,” says Leeds, “The French find the suburbs are becoming chic and gentrifying, and they can buy more property there for less money. They’re happy to sell out.”

So bring on the Americans. Leeds, who offers individual consultations to would-be immigrants for $290 for two hours, will hold her tenth day-long group conference in Paris on August 10. As many as 50 would-be buyers show up in Paris for study under her able tutelage and that of other experts–in fields ranging from real estate to insurance–at a fee of 347 euros, or approximately $425.

Indeed, there seems to be no end of support groups and companies for older Americans who decide to take the plunge. At the top of the list is Aide Personalisée Autonomie, or APA, which concerns itself with all disabled persons, and which has recently lifted all income requirements. Try two Web sites: http://www.esculape.com and http://www.apa.gouv.fr And http://www.agevillage.com contains a large data base of reference material on services available for the elderly (again, defined in France as over 60).

Once they arrive, older Expats will find a substantial and growing elderly population. According to L’Institut National de la Statistique et des Etudes Economiques (INSEE), the French statistics office in the Ministry of Economy, some 16.2% of the entire population was 65 or older as of January–up 1.4 percentage points over ten years ago (while the percentage of persons under 20 has fallen 1.2 points in the same period). Moreover, the numbers of deaths among the elderly–apart from a sharp spike during the catastrophic heat wave in the summer of 2003–has been falling regularly and is down this year by 8.5% over the average of the past four years.

Of course taking up permanent resident in France is not the only way to sample the French way of life in preparation for a possible retirement. A number of services, including http://www.parismarais.com, and http://www.apartment-paris.com, rent furnished Paris flats by the week or month. Conversely, the same services will help expatriate property-owners rent out their apartments for all or a substantial part of the year.

As Sabien Prouvost, spokeswoman for the French prime minister’s secretariat for the aging, says, “Tout le monde est bienvenue en France.”

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Benefits for Seniors in France
By Pascal Fonquernie
http://www.parismarais.com

Here are some of the benefits seniors can take advantage of in France:

- Minimum resource allowance. No-one is left in the streets and everyone can get
a 500 euro income per month, plus free social security and unlimited medicare.

- Travel benefits. Receive 50% off train fares with SNCF if you are over 60 and buy a “carte de réduction.” Seniors can travel fast and cheap with the TGV!

- Aide Personalisée Autonomie (APA). Seniors with a physical or mental disability can get an extra benefit, based on income, to help pay for a private retirement residence (“maison de retraite”), including full assistance for those who can no longer care for themselves.

- COTOREP, a social benefit for the disabled. It is available even to the young; for example, those who have cancer or AIDS and cannot work receive a minimum allowance, as well as a discount or credit on taxes, and free home care with a nurse. It also provides priority access to many public services and free parking.

- APL Aide Personalisée au Logement. Offers assistance to pay the rent or mortgage to those who are over 60 and too poor to afford it.

- If you are renting a flat with any kind of lease and are over 60, you cannot be thrown out of your flat for any reason ( that can be a problem reverse when you own property)

- Many cinemas, theatres, museums and cultural events offer seniors discounts

Editor’s Note: For more information about seniors in Paris, see “Le Marais for Seniors” — a new page coming soon to http://www.parismarais.com. To subscribe to the free Parismarais monthly newsletter, click here: http://www.parismarais.com/parismarais-newsletter.htm

 

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10 Best Honeymoon Spots

Travel agents picked their favorite destinations for newlyweds…
By Grace Wong, CNN/Money staff writer

The experts may make their recommendations, but newlyweds still follow their heart when it comes to choosing their honeymoon destination.

The most popular major honeymoon cities are Paris, Venice, Honolulu, San Francisco and Sydney, the survey said.

Editor’s Note: The complete article can be found at: http://money.cnn.com/2005/06/08/pf/best_honeymoons/index.htm

 


WORLD’S 10 BEST HONEYMOONS

Modern Bride magazine asked 6,000 travel agents to choose their top overall destination.

Rank Destination

1. Hawaii
2. Italy
3. Tahiti
4. Anguilla
5. Fiji
6. St. Lucia
7. Mexico
8. St. Barths
9. Jamaica
10. France

Source: Modern Bride magazine

MOST POPULAR HONEYMOON CITIES

New couples will spend an average of $3,700 on their honeymoon, according to the Fairchild Bridal Infobank.

Rank City

1. Paris
2. Venice
3. Honolulu
4. San Francisco
5. Sydney

Source: Modern Bride magazine

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In Your Dreams: Forget the Price Tag and Prepare to Be Wowed…
http://www.findaproperty.com/story.aspx?storyid=7432

Property Consequences of EU “No” Vote

Last week’s NO vote in the Dutch and French referendums could have dire consequences for countries and investors alike…

Sunshine Holiday Leading property investor company Assetz has warned that British and Irish investors may miss out on investment opportunities in popular countries such as Bulgaria and Turkey.

UK investors were hoping to benefit from “windfall” house prices when these two countries joined the EU in 2007. However, following on from the resounding “No” vote from the French and Dutch, both Bulgaria and Turkey might find their bid to join the EU hampered, with resulting negative consequences for their economies and housing markets, and also for UK investors.

Assetz believes that some existing members of the EU are concerned about excessive growth of the Union and are therefore putting their considerable strength against new would-be member countries.

Turkey had been supposed to start its negotiations for EU membership this October but several members are already positioning their weight against the bid, according to Assetz.

In addition, both Bulgaria and Romania have signed a treaty to join in 2007, but unless this is agreed by all 25 existing members, it cannot go ahead. So far, only two EU countries have ratified.

Humanitarian Objections

Stuart Law, Director of Assetz, comments: “Bulgaria is presently suffering from corruption and widespread production thefts and Turkey still has significant human rights issues amongst a host of other problems which need to be dealt with to the satisfaction of all the EU nations. Otherwise membership could be off the cards.

“This would be likely to have a severe effect on the property markets in both countries which are already perceived as a little ‘wild-west’. Bulgaria in particular, which has benefited from strong early gains in house prices, would risk being sent into freefall.

="Verdana">“Investors should treat property investment in these countries as highly speculative and beware of the loose claims of guaranteed returns made by property agents.”

Risky Business

“Investors should be careful not to put all their eggs into one basket, especially property where the resale market could potentially fizzle out overnight leaving them high and dry. We think that the three highest risk property investment areas are now Turkey, Northern Cyprus and Bulgaria.

“Investors in search of capital gains at lower risk should look to countries like Southern Cyprus, which is now a full EU member and well on its way to membership of the Euro too in 2007/08.

“Prices are rising strongly and although early gains have already been had, the peak in prices is still some way off.”

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Commemorating the 900th anniversary of the death of Rabbi Shlomo Itzhaki, RASHI
Maison de la France
France Guide, official site for tourism and travel information on France
http://us.franceguide.com/magazine/article.asp?idc=21464&

The year 2005 marks the 900th anniversary of the death of Talmud and Torah commentator RAbbi SHlomo Itzhaki, known as RASHI. He was born in the Champagne city of Troyes in 1040. To celebrate the life and memory of this highly influential Jewish scholar, Maison de la France/French Government Tourist Office, in conjunction with the Troyes Tourist Office and the Champagne-Ardenne Tourist Board, have published a brochure “Celebrating Rashi” highlighting the history of RASHI’s life and his impact on Jewish scholarship and France. The RASHI Institute and the city of Troyes are proud to present events throughout the year to celebrate this momentous occasion.

The brochure comes complete with a biographical summary of RASHI, suggested itineraries for visiting Jewish sites in the Champagne region, as well as a calendar of commemorative events.

Among the conferences to be held are (note all conferences are in French):

June 4 to Sept 4 – Exhibit: RASHI and the Jews of Troyes during the Middle-Ages, Médiathèque de l’Agglomération Troyenne-Espace Argence, Blvd Gambetta BP 602 – Troyes – Tel: 33 (0)3 25 43 56 20

June 27-28 – Cultural and Artistic RASHI Commemorative Program that begins in Troyes and ends in Paris:

* History of the Jews of the Rhine and of France in the 11th through the 13th Centuries

* RASHI the Exegete of the Bible and the Talmud
* RASHI in his Time and Ours
* The Language of RASHI’s Commentaries

Médiathèque de l’Agglomération Troyenne-Espace Argence, Blvd Gambetta, BP 602 – Troyes – Tel: 33 (0)3 25 43 56 20

June 29-30 in Paris

* RASHI and his Religious Surroundings

* Closing of the symposium at UNESCO

Espace Rachi — 39, rue Broca — Paris — Tel: 33 (0)1 42 17 10 10

A complete calendar of events can be found by visiting the Troyes Tourist Office’s website at http://www.tourisme-troyes.com

Maison de la France also offers FranceGuide for the Jewish Traveler, an informative planner on Jewish heritage in France written by Toni Kamins, author of The Complete Jewish Guide to France. The comprehensive guide covers the history of the Jewish community in France and features an extensive section on Paris and highlights sites of Jewish interest in 16 French regions. FranceGuide for the Jewish Traveler is also online in the blue navigation bar of http://www.franceguide.com/us

“Celebrating Rashi” can be ordered, along with other Maison de la France publications at http://www.franceguide.com/us or by calling the FGTO public information hotline “France-on-Call” at 514-288-1904.

For more information on the life of Rashi, visit the MDLF website’s Press Corner at http://www.franceguide.com/us

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The Most Important Thing You Can Do This Summer

Learn the best ways to watch your money and real estate investment grow before your very eyes…all while gazing at the world’s most famous monument over a frothy café crème.

Now’s your opportunity to take a holiday vacation in the most romantic and beautiful city in the world and set aside JUST ONE DAY of your busy schedule visiting museums and dining on foie gras to learn how to make your money double (and even triple — like mine has since I bought my Marais apartment just four short years ago).

August 10th, the first 100 individuals to register will learn from some of the finest experts in French real estate…how to make the most of the rest of their lives while building a portfolio of some of the most desirable real estate in the world.

Space is limited, so don’t delay. Take just one full power-packed day, this coming August 10th — in Paris, France.

Invest in France Seminar
August 10, 2005
Paris, France

Click here to learn how…
http://www.adrianleeds.com/parlerparis/liveinfrance/IIF_AUG_2005/IIF_home.html

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TODAY’S CURRENCY UPDATE

Visit the FPI Web site and click on the link on the left panel “Click Here for Currency Convertor by Moneycorp Global Money Services” 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.

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

NEXT MEETING: June 14, 2004 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
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HOT PROPERTY PICKS:

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/insider/propertyconsultation.html

*** PARIS, 5th Arrondissement, 3 rooms, 50m²

Conveniently located on rue de la Huchette in the popular Latin Quarter, this 50m², 4th floor walk up apartment offers high ceilings, 2 bedrooms, a living room, kitchen, separate toilet and bathroom. Renovations are required to restore the wooden floors under the carpeting, and to create a real bathroom (originally the tub “sabot” was in the kitchen). For investors, it can be divided into two studios, as it was originally.

Asking Price: 340,000 euros + 2% Finder’s Fee

 

 

 

 

 

 

*** PARIS, 5th Arrondissement, 3 Rooms, 65m²

On rue des Trois Portes, near Métro Maubert Mutualité, this charming and quiet apartment/atelier opens on to a private garden. It is comprised of an entry foyer, dining room, kitchen, large bedroom, salon, bath and toilet. Fitted with the high quality materials.

Asking Price: 600,000 Euros + 2.5% Finder’s Fee

 

 

*** PARIS, 4th Arrondissement, 2 Rooms, 88m²

On rue Saint Charles (4th), in a splendid old building, on a pretty cobblestone courtyard with trees, a loft on the ground floor comprising a large living room. Beautiful high ceilings. Charming, it will truly be “love at first sight.” Métro: Saint Paul.

Asking Price: 678,000 Euros + 2.5% Finder’s Fee

 

 

 

 

 

 

 

 

 

 

 

 

*** TROYES, 3 Rooms, approx. 75m²

A charming building in the heart, 3rd floor, this rare find offers nine luxurious service. In the heart of the old city in a building of character on last floor, 2/3 rooms recently renovated with luxurious new cabinetry.

Asking Price: 152,720 Euros + 2% Finder’s Fee

rc="http://www.adrianleeds.com/frenchproperty/insider/images/propertyphotos/advertisedproperties/9-6-05troyes.jpg" hspace="0" align="left"/>*** TROYES, 4 Rooms, approx. 93m²

Near the center of town, a splendid apartment on the ground floor of a stone house. Newly renovated with a 36m² living room, kitchen, 2 bedrooms, bathroom and toilet.


Asking Price: 138,000 Euros + 2.5% Finder’s Fee

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

THE HEART OF THE PINK GRANITE COAST

***LES BAINS
France, Brittany / Normandy, Trégastel

NEW LISTING

One Bedroom 28m² to 29m² 93,600 Euros to 97,000 Euros

LEASEBACK PROPERTY

GUARANTEED RENTAL INCOME UP TO: 4.90%

Imagine…white sand beaches, crystal blue waters, dazzling granite rock formation, unforgettable landscapes. The beautifully renovated apartments of Residence Les Bains are situated in a secured private estate, with a seaside location and plenty of magical sights to discover. Each unit offers the convenience of fully equipped kitchens, the joy of private gardens and the privilege of glorious views. This is one of the most beautiful areas of Brittany, with the Atlantic Ocean at your feet and all the marvels of the region right outside your door.

The town of Trégastel, is a famous seaside resort situated in the heart of the Pink Granite Coast with 17km of cut coasts. Experience the rich historic and architectural heritage of the region. Nestled between Perros-Guirec and Pleumeur-Bodous and reputed for the beauty of its landscapes and the intriguing granite rock displays, Trégastel offers the perfect blend of beauty and culture. This city is the ideal year-round resort — enjoy the beach, nautical activities, prehistoric monuments and geology. Savor the delicious cuisine delights of Brittany, crepes sugary or salty, pancakes of buckwheat with all types of toppings, cakes and cookies, specialties of fish and seafood and Brittany’s specialty beers, aperitifs, liqueurs and cider.

Take advantage of the fantastic attractions nearby such as the Seawater Aquarium of Trégastel. It is located in caves which housed a church in the 19th century, under a mass of enormous rocks known as the Turtles. The sweetness of the winters allows for an abundance of beautiful indigenous flora, such as cypresses, mimosas, fig trees, eucalyptus, magnolias, and more. The neighboring township of Perros Guirec offers excellent hiking trails where all the wonders of Trégastel may be discovered including a panoramic view of seven breathtaking islands. Indulge in the various water activities nearby, the thalassotherapy center or, if you prefer, take a chance in the exciting casino. Discover the area of Trebeurnen with its beaches and the beautiful Castle Sainte-Anne surrounded by the bay of the same name, directly visible from the residence.

THE FINE PRINT

PROPERTY DETAILS

Investment Type: LMNP – Residence de Tourisme

Program Name : Les Bains

Location Description: Trégastel is home to approximately 2300 habitants at an altitude of 150 ft (45 meters). Positioned along the French Atlantic coast, Trégastel constitutes 11 miles (17 km) of the Pink Granite Coast (Côte de Granit Rose). Situated in the region of Trégorrois, Trégastel is a commune of the Côte-d’Armor located in the precinct of Lannion and belonging to the canton of Perros-Guirec. Trégastel is part of the Lannion-Trégor agglomeration fitting modestly between Perros-Guirecs and Pleumeur-Bodous. Grève-Blanche and Coz-Pors make up the reputed Trécastel Beach (Trégastel Plage) in direct proximity to the residence. Situated 320 miles (520 km) from Paris, 50 miles (80km) from Saint Brieuc and 110 miles (180km) from Rennes. By car A11 Autoroute connects Paris-Rennes-Lannion. By train the Lannion TGV (high speed train) station is located 7 miles (12km) from Trégastel. The TGV runs direct from Paris to Lannion from Paris Montparnasse TGV station. By plane there are flights from Orly International Airport (Paris) to the Lannion Airport located 6 miles (10 km) from Trégastel and the Guipavas Airport located 7 miles (12km). Car service available all year round.

Price and size range: One Bedroom Duplex 28m² to 29m² at 93 600 Euros HT to 97 000 Euros HT HT

Completion Date: 2nd Quarter 2006

New/Old Property: Existing Property/Full Renovation Project

VAT Advance: By the Purchaser

VAT Refund: Full Vat Refund

Package Options: No

Rating: 3 stars

Number of Units: 9 apartments

Extras: Private secured residence situated 100 meters from commercial center; aquarium, prehistoric museum, planetarium and water sports facilities found in direct proximity to the residence. Thalossotherapy (salt water spa) located 300 meters from residence. Airport 11km from residence with direct flights from Paris. Private gardens, view over Bay of Saint Anne (depending on apartment) and fully equipped kitchens with dishwashers.

LEASE DETAILS

Rental Income: Up to 4.9%
Occupation Option: No
Exchange Possibilities: No
Lease Du

ration: 11 years
Payment of the rent: Biannual
Rental Base: Tourists

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

Next sessions: June 21 and 28, 1:30 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/subscribersonly/articles/auctions1.html

3 Rooms 70,90 m² + terrasse 134 m² environ
1 square Racan
75016 PARIS 16th
Opening Bid: 468,960 Euros
Deposit: 93,792 Euros

3 Rooms 76,50 m²
118 boulevard Suchet
75016 PARIS 16th
Opening Bid: 333,120 Euros
Deposit: 66,624 Euros

2 Rooms 54,90 m² + terrasse 58,80 m² environ
47 avenue du Maréchal Lyautey
75016 PARIS 16th
Opening Bid: 382,310 Euros
Deposit: 76,462 Euros

3 Rooms 73,80 m² + terrasse 166 m²
92 boulevard Suchet
75016 PARIS 16th
Opening Bid: 450,600 Euros
Deposit: 90,120 Euros
3 Rooms 72 m² + terrasse 69,50 m²
2 squares des Aliscamps
75016 PARIS 16th
Opening Bid: 465,290 Euros
Deposit: 93,058 Euros
Studio 22,70 m²
1 square Rocamadour
75016 PARIS 16th
Opening Bid: 98,550 Euros
Deposit: 19,710 Euros
3 Rooms 57,1 m²
4 rue de Turin
75008 PARIS 8th
Opening Bid: 250,000 Euros
Deposit: 50,000 Euros
4 Rooms 105,90 m² + parking
210, rue de Vaugirard
75015 PARIS 15th
Opening Bid: 404,000 Euros
Deposit: 80,800 Euros
Immeuble 2 379 m² utiles en partie loué
6 place Félix Eboué
75012 PARIS 12th
Vente avec prix de réserve
Deposit: 1,000,000 Euros
 

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SEEKING A MORTGAGE IN FRANCE?

Let us help you secure a mortgage in France with interest rates as low as 3%. Visit http://www.adrianleeds.com/frenchproperty/loan for more information.

RECOMMENDED LENDERS

Abbey National David Anderson, Mortgage Advisor danderson@abbey-national.fr

Banque Patrimoine et Immobilier Stéphane Denner, ExPatriate & Non Resident Service stephane.denner@bpi-online.net

Barclays Contact Yolanda Robins Adrian@AdrianLeeds.com

Entenial Contact Yolanda Robins Adrian@AdrianLeeds.com

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agencies and owners, recommend the notaires and other professionals, schedule the signings and oversee the purchase with you fro

m start to
finish! You could never do it so easily on your own. Let us take the
time and effort off your hands.

For more information, visit http://www.adrianleeds.com/frenchproperty/insider/propertyconsultation.html or contact Yolanda Robins, Adrian@AdrianLeeds.com

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SEEKING A MORTGAGE IN FRANCE?

Let us help you secure a mortgage in France with interest rates as low
as 3%. Visit http://www.adrianleeds.com/frenchproperty/loan for
more information.

RECOMMENDED LENDERS

Abbey National
David Anderson, Mortgage Advisor
danderson@abbey-national.fr

Banque Patrimoine et Immobilier
Stéphane Denner,
ExPatriate & No Resident Service
stephane.denner@bpi-online.net

Barclays
Contact Yolanda Robins
Adrian@AdrianLeeds.com

Entenial
Contact Yolanda Robins
Adrian@AdrianLeeds.com

GE Money Bank
Contact Yolanda Robins
Adrian@AdrianLeeds.com

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INSIDER PARIS GUIDES DISCOUNT FOR FPI SUBSCRIBERS

Don’t forget that with your FPI subscription you are entitled to a discount on the purchase of any Insider Paris Guides. You’ll find details of the guides at http://www.insiderparisguides.com/. When ordering, a box will pop up allowing you to enter the following username/password

Order more than one guide at a time and you will receive an additional discount!

Username: propertyinsider Password: liveinfrance

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

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

======= CLASSIFIED ADVERTISING ======

Available July 1 to August 21st

A few feet away from the Champs Elysées; and 5 minutes away by Métro from the Eiffel Tower, this exceptionally well located apartment is the perfect base to explore the city.

On the 6th and last floor with elevator of an typical Parisian building (1830), with exposed beams, this 90m², 2-bedroom apartment welcomes you into a large living room with comfortable sofas and a dining area that can welcome up to 6/8 guests. Two bathrooms are available, each one equipped with a tub. One of them has also the toilet; another restroom is separated.

The master bedroom is large and quiet (with view on the courtyard) with a bathroom directly connected. The 2nd bedroom is perfect for kids or for an office, but can you can also request an additional double bed.

The large open kitchen is fully equipped with all appliances, oven, micro-wave, espresso machine, toaster, dish-washer, washing machine.
This beautifull apartment comes with cable TV, a high speed Internet connection, 2 hours of cleaning service during the weeks.

Location: Close to the most beautiful avenue in the world — “Avenue des Champs-Elysées,” on rue de La Boetie cross, between the place de la Concorde and the Arc de Triomphe. Very close from the Seine, this apartment is really in one of the more famous areas of Paris.

Closest Métro: Franklyn D. Roosvelt (lines 1,9) and St-Philippe du Roule (line 9) as well as Champs-Elysées-Clemenceau (lines 1, 13), so it’s direct to The Louvre, the Marais, close to St-Germain and an easy connection to the Eiffel Tower.

1550 euros per week (all tax and agency fees included). Plus 2 hours additional cleaning.
4800 euros per month (all tax and agency fees included) plus 2 hours/week of cleaning service

Contact Paris Be a Part of It: reservation@paris-be-a-part-of-it.com to book your stay.

==APARTMENT RENTAL==

Monte Carlo Seaside — a dream view of Monaco and the sea!

Located at the french border of the principality of Monaco in Roquebrune Cap Martin — this

big one bedroom flat of 600 square-feet with a terrace can easily accommodate one couple + one extra adult on a convertible sofa. Fully equiped kitchen, marble bathroom, private cark park, security doors, pure silence, fresh sea breeze, direct access to the quiet private beach at 200 meters, 5 minutes to Monte Carlo train station or bus stop, easy access from Nice international airport and Monte Carlo train station.

Visit http://www.adrianleeds.com/frenchproperty/insider/rentals/pfmontecarlo.html for lots more beautiful photos and to book your stay contact FPI_Monte-Carlo and ask for the French Property Insider Special Offer.

==APARTMENT RENTALS==

For all short term rental apartments in Paris, take a look at http://www.adrianleeds.com/parlerparis/apartments or http://www.adrianleeds.com/frenchproperty/insider/longterm.html for long term apartments.

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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/

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

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 2005, Adrian Leeds Group, LLC

 

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