Searching Paris Properties
Courtyard Charisma, rue de Saintonge
(FOR SUBSCRIBERS ONLY)
September 27, 2007
Bonjour French Property Insider Subscriber,
The weather in Paris is downright cold so fall has hit with a bang. We’re gearing up for the upcoming Living and Investing in France Real Estate Conference and the "I’m Not a Tourist" Expatica Fair while scouring the market for good and "sexy" properties. The pace is hectic and Paris is brimming with tourists under the typically gray skies.
The Chambre de Notaires recently published the last 17 years of Paris property prices…so be sure to download the chart and read our take on what you can learn from the numbers. Also, they have cleverly invented a cartoon character Notaire who explains his role (in French) in a sweet and humorous way. Practice your French on this "petite animation."
Today we bring you an overview of what you can expect from a property search — to help you focus on realistic expectations in today’s market so you won’t be disappointed. Also, we bring you a broad viewpoint on the disparity of the dollar to the euro and how it works both for you and against you.
We’re featuring properties in the 6th district — Paris’ most expensive and coveted by the American visitor. This is where your rental is low risk, but because property is so expensive, you may find it not as profitable as a rental in other more up-and-coming areas. Still, the district is a delight and pleasure, brimming with activity that any tourist would love and you might, too.
Editor, French Property Insider
P.S. On October 1st, you’ll have a chance to see us "live" on House Hunters International TV (scroll down for details) and on the 14th we’ll see you at the "I’m Not a Tourist" Expatica Fair (booth 92/93). What a perfect time to come to Paris and start your search for the property in France of your dreams.
Volume V, Issue 38, September 27, 2007
In this issue:
* A History of Paris Property Prices
* Property Search Expectations
* Chambre de Notaires Helper for Your Property Purchase
* Dollar-Euro Disparity
* Paris Property Draws Investors
* Your Own Piece of Paris
* House Hunters International Encore in October
* NEW BONUS OFFER! Living and Investing in France Conference, October 13, 2007, Paris, France
* Expatica Welcome to France Fair, October 14, 2007
* FPI Property Consultation, Search and Relocation Solutions
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: October 9, 2007
* Hot Property Picks: The Sixth Makes Sense
* On the Auction Block: October 23, 2007 at 1:30 p.m.
* Leasebacks: Cap Affaires Rennes, France, Britanny / Normandy, Rennes
* Managing Your FPI Subscription
* Classified Advertising: Parler Paris Apartments — Le Penthouse Voltaire
17 Years of Paris Property Prices
By Adrian Leeds
The Chambre de Notaires recently published the average per square meter prices for each of the twenty arrondissements beginning with second quarter 1991, ending with first quarter 2007, for each quarter along the way.
You might find it fascinating, as I did, to discover that just because a district is your favorite, it may not have gained as much in appreciation as some of the others, which in your mind might be less favorable.
For example, the 9th district, which over 100 years ago was one of Paris’ chicest, including the Grands Boulevards such as boulevard Haussmann, the Grands Magazins such as Galeries Lafayette and Au Printemps, was the district to have increased the most with 206%. Following, and in this order, the 10th (204%), 11th (200%), 3rd (199%) and the 6th (198%) all showed good growth.
The district to have increased the least, is one of Paris’ wealthiest, and often considered the chicest, at only 135%, is the 16th. Following, and in this order, the 8th (139%), 7th (146%) and the 17th (152%) showed less overall growth.
Now you’re probably asking yourself why you didn’t get into the market sooner, if you haven’t alrea
dy, but instead of ‘crying over sp
illed milk,’ consider that if you were to purchase property now, in 17 years it’s likely to double in value just as these have, with some highs and lows along the way.
In fact, over the course of the 17 years, second quarter 1994 decidedly started to take a dip in property values, then dropping rather steadily until first quarter 1998 when the values started to rise again. Within only two years, by first quarter 2000, prices had totally recovered.
We are currently in a period showing lower price growth that in the recent past (under 10% annually), but there is very little product on the market and what is worthwhile purchasing is being sold very quickly and for asking price!
This is even more reason than ever for jumping into the market as quickly as you can, with the idea to hold on to the property for a while to allow for a reasonable growth and reduce capital gains taxes to zero (after 15 years of ownership).
To download a pdf file of the chart of square meter prices in Paris by arrondissement for the last 17 years, click here: http://www.adrianleeds.com/frenchproperty/insider/members/content/historique
What to Expect from Your Property Search
By Adrian Leeds
There are more than 4000 real estate agencies in Paris alone. There is no Multiple Listing Service which networks them all and no universal agreement for agencies to share commissions. Some of the agencies are franchised, such as Century 21 and ERA, but they are individually owned and even though a Web site might link the properties they list in one cyberspace place, the agencies cannot show each other’s properties without coordination nor would they automatically share commissions.
There are associations such as FNAIM (Fédération Nationale de l’Immobilier), but again, this does not make your property search any easier. In effect, to find properties on the market, one must deal with each individual agency which either lists properties within a small geographic area or within a particular genre of properties, such as "lofts," "châteaux" or "demeure de presige."
There are Web sites and magazines advertising properties, as well as the agency window photos showing off their ‘latest’ offerings. I warn you. Mostly, a really good property goes in the agency and out the door before it has a chance to become and advertisement. So, the properties you see advertised, are largely either the properties that didn’t sell (for what reason?) or sold and not removed from their advertising. Use these as samples of what may be on the market, but don’t count on them being there when you’re ready to get serious.
What search consultants do, such as our team of property experts, is first determine the exact parameters of the search. The more specific the client can be about the goal of the search, budget, size, location, number of rooms/bedrooms, level, amenities, appointments, etc., the more successful the search can be, even in a market where there is limited product.
With these limitations in mind, the consultant will conduct a thorough search employing the best agencies and perusing the "for sale by owner" properties within just a few days of the scheduled visits. Some properties may be listed by several agencies as well as by the owner as there is no exclusivity agreement, and be advertised at a variety of different prices. The asking price of a property "for sale by owner" may not be any lower than the price advertised by an agency including the agency fee. In fact, it can often be higher! Buyer beware — dealing directly with the seller may less than a bargain as these individuals are not real estate professionals and therefore may be very difficult to deal with on the whole.
A good search consultant often has developed relationships with trustworthy agents who inform them regularly of good properties just having arrived on their books…and very often, aren’t on their books yet at all! In their quest to get more product on the market, they will often show off their sales talents by taking in potential buyers even when they don’t yet have a contract with the seller. This has happened on more than one occasion for our clients — one in particular recently who was the first to visit a prime property on the Ile Saint Louis overlooking the Seine and Nôtre Dame, even before the agency had the contract. An asking price was determined a good week later and the client purchased the property at that asking price. It never went on the market and everyone won.
The search consultant sets up the visits with the client. It’s best to allow at least one week of search days as visiting properties in Paris is very tiring — remember, you’re not driving from place to place, parking in the driveway! You’ll be hoofing it or taking public transportation, unless you don’t mind taking taxis, but even taxis aren’t always readily available.
How many properties available that fit your parameters is never foreseeable, but in today’s market, there are fewer in the small, lower-priced category than in the others. As property has become more expensive, buyers have lowered their expectations and are scarfing up less expensive apartments in prime districts. Season can affect your search as the best times with the most amount of product on the market is spring and fall. A search consultant cannot invent the product — he/she can only ferret out what is there on the market at the time, so very often it’s a combination of both luck and smarts.
Agents don’t show properties nights and weekends, so it’s best to assume these days and times will be less productive than most. An experienced consultant will know how to advise you on the quality of the property and what pitfalls to look for along the way. You should ask about the current taxes, homeowners associa
ees and plans set by the homeowners association. There are many factors that will determine if the property fits your goals or not. Trust your consultant to help you make this decision.
If you come across a property you like, in today’s market, you cannot waste a single moment to make an offer. If you offer asking price, the seller is morally obligated to accept the offer. If you offer less than asking price, you risk being out-bid up to asking price. It’s the risk you take, but that depends on how much you want the property and if you’re willing to lose it over a small amount of money.
If you enter the search with your eyes wide open, knowing that you may get lucky and be successful very soon after starting the search, or spend a long week or two looking at dozens of apartments not turning up one that perfectly fits the bill, then you’ll survive the process. But keep your expectations reasonable and flexible enough to allow for the tradeoffs, of which there are many. In all these years, we’ve never seen the perfect Paris apartment. There is always something one must give up to have something else worthwhile.
Césaire le Notaire
Let Césaire le Notaire explain his role in your property purchase and other family affairs in this humorous cartoon character creation by the Chambre de Notaires (in French). Click here:
The Pros and Cons of the Disparity of the Dollar vs the Euro
By Adrian Leeds
All North American Francophile eyes are on the Euro-Dollar exchange rate.
As I sit in one of my favorite cafés, Le Café du Marché on rue de Bretagne at the corner of rue Charlot, with it’s terrace seating, free WiFi and television screen, packed to the gills on a partly-cloudy afternoon, many of the patrons have their eyes focused on the game on the flat-screen TV at the back of the café. Their drink checks arrive in euros — 3.20€ for a glass of red wine, 2.70€ for a café crème and 3.50€ for a soda. Their salaries and their revenues are in euros, so the prices are fair, normal, and worth the price of the seat for as long as they like (no one is going to ask them to leave in order to make room for new clients!).
In dollar terms, it’s less of a parity than it’s ever been at about $1.40 for each euro spent. That’s because the dollar continues to weaken as the euro continues to strengthen. I’m no financial analyst and wouldn’t begin to try to predict the future of the euro vs the dollar, but one thing I know for sure…I’m thankful to have important assets in euros!
The apartment I purchased in Paris seven years ago is now three times more valuable in euros and five times more valuable in dollars! The investment property I purchased one year ago (Le Provençal) has gained in value at least 10% and is rented on a short-term basis in euro value. Therefore the euro mortgage is well covered. Meanwhile, both of the investments are growing every year, here in central Paris, still in excess of 10%…again, in euro value.
I know what you’re thinking. I’ve heard it before. You’re thinking that your dollar has shrunk so far that you can no longer afford that Paris apartment you’ve been dreaming about. But, maybe you’re wrong.
My guess is that you are doing simple math. Paris apartment for X amount of euros now costs Y amount of dollars and therefore, what you’ve put aside to make your dream come true has just turned into a rude awakening.
You’re wrong. Let’s look at math a little more complicated, yet more realistic.
You need only a small amount of cash to make a property purchase in France:
1. You’ll need the Notaire taxes and fees of between 7% and 7.5% of the purchase price, but not until the date of closing. These are one-time fees you’ll never have again.
2. If you hire a search firm or consultants like us, you should allow for another 2% to 3% of the purchase price. (We’re going to save you up to $150 off the search. Keep reading to learn how.)
Let’s round it out and say you need a total of 10% for closing costs including Notaire fees.
3. If you take a mortgage, which is the smart thing to do for a number of reasons, then you could negotiate a down payment of between 0% and 20%, depending on your personal financial picture and the loan offer itself!
Banks in France are still offering very low interest rates — much lower than Stateside. The Euribor®* is still well under 5% and the margins vary, but can be as low as 1.1%.
*The Euribor® [Euro Interbank Offered Rate] is the benchmark rate sponsored by the European Banking Federation (FBE), which represents the interests of 4,500 banks in 24 Member States of the European Union and in Iceland, Norway and Switzerland and by the Financial Markets Association (ACI). Euribor® is the rate at which euro interbank term deposits are offered by one prime bank to another prime bank and is published at 11.00 a.m. Central European Time for spot value (T+2).
Many lenders offer variable loan products with monthly payments that don’t change when the rate changes, but the term of the loan increases or decreases accordingly! These loans also allow for early redemption with no penalties…so that means that when the rate of exchange improves, you can take advantage
of the parity and p
ay off some of the loan at a lower cost!
Plus, I’ll bet that nest egg of yours waiting for what you ‘think’ is the right timing to make that dream come true to own property in France is sitting in some interest-bearing account, stocks or investment funds earning more than the current interest rates in France! So, taking a loan still puts you ahead of the game.
Then, if you invest right and purchase a good property with high rental potential, you could easily cover the mortgage, management and other expenses, making it not only free to own, but perhaps down right profitable! You can also intelligently use the services of a currency broker, such as Moneycorp, to take the risk out of currency conversion, further lessening your expenses. (See http://adrianleeds.com/frenchproperty/loan/moneycorpconvertor.html for more information.)
I know, because I’m doing it and so are dozens of people I know…quite happily and successfully.
Think of it this way: every day you spend thinking about it rather than doing it is costing you money. And it’s not the exchange rate that is emptying your pocket…it’s your own out-of-focus view of the bigger picture.
Paris Finds New Popularity
One result of the credit crunch in the property and financial markets is an upsurge in Paris property. With the U.S. experiencing a major housing market crisis, those in the UK looking for overseas property are increasingly turning to locations with less fraught money climates.
Paris property prices continue to increase at approximately ten to fifteen per cent per year, depending on the district, and the last five years has seen a dramatic 60 per cent increase in property prices. One development that is likely to strengthen this trend even further is the "Sarko effect" — the stated desire by new French president Nicolas Sarkozy to move the country towards a more property ownership-friendly position.
The favorable borrowing terms and relatively low interest rates, among other factors, gives Paris strong investment potential. Europe’s recent trend towards higher interest rates appears to be at its end, with just one further raise in interest rates this year to 4.25 per cent seen as likely. This compares favorably with the current U.S. rate of 4.75 per cent.
Paris-based property investment specialist VPS-Global has seen a dramatic increase in foreigners investing in France. CEO Pascal Morin believes Paris offers exciting potential for investors. "Given the current state of the world economy, investors are opting for more secure, stable and long-term investment opportunities. Investing in France used to be a lifestyle choice. Today we are seeing more and more of our clients choosing France as a pure investment choice, purchasing with no intention for personal occupation."
The "Fractional Ownership" Solution…
Le Jardin Saint-Paul
Rue Ferdinand Duval, 4th Arrondissement, Le Marais
To take a video tour of this gorgeous property, visit http://www.parishomeshares.net/jspvideos.html
Chez La Tour
Boulevard de Latour-Maubourg, 7th Arrondissement, Eiffel Tower
Soon to Come
Editor’s Note: We will be discussing Fractional Ownership at the upcoming Living and Investing in France Real Estate Conference October 13th but by then it may be too late to take advantage of this opportunity. If you’re interested in learning more about Paris Home Shares upcoming projects, call or write Steve Navaro: +1-303-793-0900, email firstname.lastname@example.org
French Property Insider to be Aired on House Hunters International!!
New Dates and Times in October!
If you missed the show the first time around, now you have another chance to see Adrian Leeds live 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. Real estate agent Adrian Leeds is enlisted to help.
• October 1, 2007 11 PM ET/PT
• October 2, 2007 3 AM ET/PT
Editor’s Note: Be sure to read the entire story about Ben and Angela on FPI issues: http://www.adrianleeds.com/frenchproperty/insider/members/content/pastissues/FPI_April_6_2006.html and http://www.adrianleeds.com/frenchproperty/insider/members/content/pastissues/FPI_June_22_2006.html
Living and Investing in France Real Estate Conference!
October 13, 2007 at Chez Jenny, Paris
BONUS! Receive a $100 coupon toward your Property Search Fee if you attend the conference and $150 if you and your partner attend!
If you’ve always dreamed of owning your own "pied-à-terre" in Paris or home in the Provinces of France, perhaps as a future retirement home or for now as investment property rented part of the year…this power-packed one-day conference is a MUST.
Hosted by Adrian Leeds, long time resident of Paris, Editor of the Parler Paris Nouvellettre® and French Property Insider weekly E-zine and John Howell, lead attorney for the International Law Partnership, London, this one day in Paris will point you in the right direction to make it really happen! Includes three course lunch and cocktail reception.
For more information and to register, visit: http://www.adrianleeds.com/frenchproperty/conference/LIF_Paris_Oct_2007/index.html
Or email Schuyler Hoffman at email@example.com
I AM NOT A TOURIST
Expatica.com Welcome to France Fair
October 14th, 2007
Carrousel de Louvre, Paris
New to France or looking to make the most of expatriate life?
Get the information you need from companies and agencies specialized in expatriate services, from banks, investment firms and insurance companies to schools and tax agencies. You’ll find information on house hunting, finding a job, immigration and permits, staying long-term, and much more.
Meet the people who make expat life great, including the top clubs and associations, travel agents and sports teams.
Explore the expatriate life and your ambitions – higher education, career opportunities, your own business, travel and lifestyle possibilities. Every year, thousands of international managers and employees arrive in France. The I AM NOT A TOURIST Fair answers the 101 questions you have about living here, in a unique environment where you can meet the right people face to face.
News: Expatica is proud to announce that Sir Peter Westmacott, the newly arrived British Ambassador to France, will be on hand to give the opening ceremony at the Fair. We are thrilled to have Sir Westmacott participate in our event and thank the British Embassy for their continued support.
Adrian Leeds Group, LLC and John Howell & Co will be at Booth 92/93 — be sure to come by and visit us!
To order your FREE tickets, click here: http://www.expatica.com/welcometofrance/ticket_signup.asp
Property Consultation, Search and Relocation Solutions
Let French Property Insider expert property consultants find your dream home in France for you. We consult with you to help you make the best decisions, ferret out the finest properties to meet your criteria, schedule the visits and accompany you, negotiate with the agencies and owners, recommend the Notaires and other professionals, schedule the signings and oversee the purchase with you from start to finish! You could never do it so easily on your own. Let us take the time and effort off your hands.
FPI Offers More Relocation Solutions!
Moving to Paris? Our experienced relocation expert will make your move easy and hassle-free. We offer complete property and relocation services normally only provided by employer hired relocation firms…but at a price much more affordable for individuals.
Download Complete Brochure
com/frenchproperty/insider/images/dollar.jpg" width="45" height="45">
TODAY’S CURRENCY UPDATE
Visit the FPI Web site and click on the link on the left panel or click here for Currency Convertor by Moneycorp: http://www.adrianleeds.com/frenchproperty/insider/moneycorpconvertor.html
for up to the minute conversions of all major currencies.
Compare currency values easily and quickly by visiting:
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 October 9, 2007, and every second Tuesday of the month.
HOT PROPERTY PICKS: The Sixth Makes Sense
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, 6th Arrondissement, 3 rooms, approx. 76m²
Montparnasse, in a beautiful Haussmannian building, this apartment is located on a large courtyard and is calm and bright. With an entrance, large living room, kitchen, 2 bedrooms, 2 bathrooms, walk-in closet, separate toilet. Hardwood floor, moldings, fireplaces.
Asking Price: 570,000€ + 2.5% Finder’s Fee
*** Paris, 6th Arrondissement, 2 rooms, approx. 50m²
Saint Germain des Près. Superb apartment of 2 rooms, right in the heart of the most beautiful district of Paris. Completely renovated last year, with excellent taste. Magnificent original floor, large living room, separate fully equipped kitchen. Possibility to purchase the furniture. See it soon — it won’t last!
Asking Price: 614,800€ + 2.5% Finder’s Fee
*** Paris, 6th Arrondissement, 5 rooms, approx. 85m²
Saint Germain des Près on rue de Seine. Charming duplex on the top floor (5th and 6th) of an 18th century building with elevator. Triple exposure and absolutely quiet. With entrance, living room, separate kitchen, 3 bedrooms, bathroom and toilet. Fireplace and exposed beams.
Asking Price: 815,000€ + 2.5% Finder’s Fee
Next Sessions: October 23, 2007 at 1:30 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, clic
|Studio 27,60 m²
65 rue du Faubourg Poissonnière
75009 PARIS 9th
Opening Bid: 70 000,00 €
Deposit: 14 000,00 €
|2 rooms 50,85 m² rented
65 rue du Faubourg Poissonnière
75009 PARIS 9th
Opening Bid: 180,000€
|2 rooms 36,40 m² rented
65 rue du Faubourg Poissonnière
75009 PARIS 9th
Opening Bid: 135,000€
|3 rooms 49,06 m²
27 rue Oudry
75013 PARIS 13th
Opening Bid: 228,000€
|Studio 18,39 m² rented
27 rue Oudry
75013 PARIS 13th
Opening Bid: 100,500€
|2 rooms 37,95 m² rented
27 rue Oudry
75013 PARIS 13th
Opening Bid: 172,500€
|Studio 39,9 m²
22 avenue d’Eylau
75016 PARIS 16th
Opening Bid: 140,000€
|Studio 33,5 m²
8/10 rue de la Bûcherie
75005 PARIS 5th
Opening Bid: 190,000€
Studio 16,21 m²
LEASEBACK NEWS FROM IMOINVEST
CAP AFFAIRES RENNES
France, Britanny / Normandy, Rennes
Studio 19m² to 36m² €91,000 to €172,000
One Bedroom 30m² to 40m² €140,000 to €191,000
Two Bedrooms 69m² to 69m² €308,000 to €308,000
Guaranteed Buy to Let – Leaseback
GUARANTEED RENTAL INCOME UP TO: 5.95%
Investors will recieve a guaranteed rental income of up to 5.95% until the end of September: certain units apply. New build Leaseback business/tourist residence located to the north-west of Rennes in the brand new Beauregard area…Renowned for its prestigious university and high-tech companies, Rennes has moved beyond its role as administrative capital to become a city that is a symbol of innovation.
Its growth is assured by multiple sectors of excellence and centers of competitiveness. 40% of French Telecom research is performed in Rennes with 8400 companies and 18000 alone in the Rennes Metropolis. Rennes is considered a top university center in France’s Great West. Approximately 62.3% of residents
are under the age of 40. Located at the gateway to Saint Malo, and a meeting poi
nt for 6 major national roads, Rennes boasts an exceptional placement as well as very pleasant living conditions.
Located just steps away from the Grand Quarter shopping center and very easily accessible, Residence Cap Affaires Rennes will be comprised of 108 one to three bedroom furnished apartments complete with underground parking. High-level services combined with luxury fittings and a contractually guaranteed rental return will assure the satisfaction of residents therefore enhancing your investment.
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?
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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/
parlerparis/images/ppa_logo_300.jpg" width="150" height="98" align="left">PARLER PARIS APARTMENTS
Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the "seal of approval" from Parler Paris Apartments and me, Adrian Leeds.
Parler Paris Apartments offers high quality accommodations to make your stay in the City of Light as enjoyable and memorable as possible. We at Parler Paris know each and every apartment owner or manager personally, and stand behind 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.
Le Penthouse Voltaire
American comfort with French flair! Overlooking Boulevards Richard Lenoir and Voltaire, in the 11th Arrondissement. This three-bedroom, two-bath luxury penthouse with wrap-around balconies and spectacular views, sleeps 6.
Reserve now! Visit http://www.adrianleeds.com/parlerparis/apartments/rentals/voltaire.html
or email: Apartments@AdrianLeeds.com
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