Summer Hot Spots

Summer Hot Spots

Cooling Off at Paris Plage…

(FOR SUBSCRIBERS ONLY)

French Property Insider

June 16 , 2005, Paris, France
http://adrianleeds.com/frenchproperty/insider

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Bonjour French Property Insider Subscriber,

The summer sun is pouring in the windows. The city is alive with events and festivals waiting to burst forth (Fête de la Musique, Gay Pride and others…read the Parler Paris Previews for what’s on at http://www.adrianleeds.com/parlerparis/calendar.html) and Parisians are preparing for their exodus to their country homes and beach resorts.

Property hunters are feverishly ferreting out the best of the bunch before the agencies and notaires close shop for vacation, from about the middle of July to close to the end of August. We have encouraged our readers to move quickly and start their hunt now, or wait until September to do a serious search.

While the Parisians are on the beach, we’ll be welcoming the attendees of the upcoming one-day property seminar Invest in France on Wednesday, August 10th, here in Paris. We’ve packed in everything you need to know about buying property in France in one full day, including a buffet lunch, coffee breaks and closing cocktail — with eleven presenters and ten topics to answer every question you might have.

This is a great time of year to take advantage of a calm and balmy Paris vacation, while learning how to make a profitable and pleasurable investment. there’s only space for 100 people, so act now. For more information and to register, visit http://www.adrianleeds.com/parlerparis/liveinfrance/IIF_AUG_2005/IIF_home.html or for questions, email Schuyler Hoffman at info@adrianleeds.com/parlerparis

Just this week, one New Yorker who attended a recent Living and Investing in France conference, had a tough decision to make between two beautiful one-bedroom apartments in Le Marais. She opted for a 51 square meter one bedroom in a corner position on rue Vieille du Temple in the 3rd arrondissement. The spacious salon had two enormous "hôtel particulier" windows overlooking the historic Hôtel de Rohan. It oozes with charm and we’re sure she will enjoy every moment she spends there and will manage to cover the mortgage with eager vacation renters. Monday she signs on the "promesse de vente" in preparation for a closing in September.

Today’s issue is filled with fascinating facts and fun information. The 14th arrondissement is highlighted thanks to a recent purchase of a two-room apartment on the lively market street of rue Daguerre by friends and partners who have pooled their resources to make their dream to own a pied-à-terre in Paris come true.

An agency we work with offers us three buildings for sale…a rarity in Paris and an opportunity for a developer looking for a bigger project. There are new properties on the auction block worthy of consideration — a great place to land a big savings.

There’s more in store, so scroll down and don’t miss a single word.

A bientôt…

 

 

 

 

 

 

 

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

P.S. The Marais is the hottest district in Paris. To learn more, sign up with the monthly Parismarais.com Newsletter (free) before tomorrow when the next issue is launched. Visit http://www.parismarais.com/parismarais-newsletter.htm

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Volume III, Issue 24, June 16, 2005

In this issue:

* A Wonder of an Apartment in the 14th
* The Best Market Street in the 14th
* More Markets in the 14th
* The Greening of Paris
* Hosts with the Most Meet Up at the Mairie
* Leaseback News: From Imoinvest
* Today’s Rates of Exchange by Moneycorp Currency Brokers
* Real or Royal Estate?
* Professional Vacationers
* The Most Important Thing You Can Do This Summer
* Parler Paris Après Midi: July 12th
* Hot Property Picks: Buildings for Sale
* Paris Property Picks: In the 14th
* 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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Small Wonder in the 14th
By Yolanda Ro

bins

Tucked away on a "petite rue du marché" in a typical Parisian neighborhood of the Denfert-Rochereau area, the FPI property search team found a small "wonder of an apartment" for two women attorney friends from Florida looking for the perfect "pied-à-terre" in Paris they could retreat to and purchase together as an investment.

Located on the famous market street, rue Daguerre, this little jewel box of an apartment is small in size, but huge on amenities. When we began the search last Fall, they were hoping to find an apartment located outside of the traditional tourist areas of Paris. This apartment was not only in a "building of good standing" — Haussmannian in architecture — but also excelled in location to fit those parameters.

Measuring just over 33 square meters, the apartment is located on the first floor of a beautiful "Pierre-de-Taille" (detailed stone) building from the turn of the last century. Both the bedroom and living room face a small side street, removing itself from the noise and clatter of the market street below. Both rooms have beautiful parquet floors and moldings. A a wonderfully appointed kitchen and bath were completely renovated with new fixtures and appliances.

 

 

After several trips to the "marché aux puces," Habitat and Chez Darty, The owners decided to decorate the apartment to complement the bourgeois-era building with an eclectic mix of antique and modern furnishings.

Little is lost on this wonderful find. They have access to one of the most well-known market streets at their doorstep, with fresh fruit, wine, cheese, meat and fish merchants. The apartment is just a few steps from the Métro line 4 that leads to Montparnasse, Saint-Germain-des-Prés and Les Halles. Denfer-Rochereau is a major stop for the RER B line and buses traveling to the suburbs, giving them easy access to both Orly and Charles de Gaulle airports.

Not only have they found a perfect little hideaway they can enjoy for years to come, but their dream was fulfilled to own a little piece of Paris.

Editor’s Note: The price of this apartment was 200,000 euros, an average per square meter of 6060 euros. The location is not ideal for short term vacation rental, but would be suitable for mid-term rental (one to 6 months). For information on how you can find your dream pied-à-terre, contact Yolanda Robins, Property Search Consultant, at Adrian@AdrianLeeds.com

 

 

 

 

 

 

 

 

 

 

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Rue Daguerre
By Adrian Leeds

It doesn’t matter how many times I stroll through a market street in Paris (or just about anywhere), I still get a rush of excitement. First, there are the aromas — fresh fruits and vegetables, whole fish on ice, meats often still as whole animals just killed, warm baked breads and hot coffee coming from the market cafés. The aromas often linger even after the merchants have packed their crates and carted them off to the next open-air market. I was reminded of this recently while strolling across boulevard Richard Lenoir where the largest market in Paris takes place every Thursday and Sunday (between place de la Bastille and rue St. Sabin opening at 7 a.m. to 2:30 p.m. Thursdays and 3 p.m. Sundays). Even then, the spot where the fishmonger had been was clearly discernable.

Two of our clients this past year found great apartments to purchase overlooking Paris open-air markets. One of them overlooking boulevard Richard Lenoir, the other overlooking the market street of Daguerre in the 14th. Daguerre is a pedestrian street lined with small shops, restaurants and food merchants beginning near Place Denfert Rochereau continuing westbound to avenue du Maine.

Both have all the attributes of perfect market-street living…one faces the side street off rue Daguerre so that the noise and hustle-bustle of the market is greatly diminished, yet just at the entrance are all the wild mushrooms and Provençal tomatoes one could want in a lifetime is there for the asking…the other several flights up (with an elevator, of course) to afford views of the colorful bi-weekly bazaar below.

These properties sold so quickly, that on one a bidding war took place and on the other, the seller achieved his asking price in full!

There are more than 70 open-air traveling markets, market streets and covered markets in Paris one can choose to "aromasphere" your daily life. Rue Montorgeuil is Paris’ oldest, although some scholars say rue Mouffetard dates as far back as the 13th-century. The "Marché aux Enfants Rouges" covered market, just one block from my own apartment, and so named because it is located on the site of a medieval orphanage where the children wore red uniforms, dates back to 1615. Residents of the 7th arrondissement frequent rue Cler, chic shoppers of Saint-Germain-des-Prés shop on rue Buci and one of my favorites is the market expanding on both rue Poncelet and rue Bayen in the 17th near Place des Ternes.

For a not-so-complete-but-respectable listing of Paris markets, visit: http://www.paris.fr/fr/marches/ or you can visit the Web site of each Mairie for a listing within each arrondissement — http://www.mairie1.paris.fr, http://www.mairie2.paris.fr, etc.

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OTHER MARKETS IN THE 14TH

Brune Market
Av. Georges Lafenestre and rue Général Séré de Rivières
Thursday, 7 a.m. to 2.30 p.m.
Sunday, 7 a.m. to 3 p.m.
Métro: Porte de Vanves

Edgar-Quinet Market
Bd E. Quinet.
Wednesday, 7 a.m. to 2.30 p.m., Saturday 7 a.m. to 3 p.m.
Métro: Edgar-Quinet

Villemain Market
between avenue Villemain and rue d’Alesia.
Wednesday, 7 a.m. to 2.30 p.m., Sunday 7 a.m. to 3 p.m.
Métro: Plaisance

Mouton-Duvernet Market
place Jacques Demy
Tuesday and Friday 7 a.m. to 2.30 p.m.
Métro: Mouton-Duvernet

Creation market Edgar Quinet
Terre-plein du boulevard Edgar-Quinet
Métro: Edgar Quinet
Sunday, from 9 a.m. to 7.30 p.m.

Organic market
Place Brancusi
Métro: Gaite
Saturday from 9 a.m. to 2 p.m.

Flea market, old papers, garments, artists’ square
Vanves
Av. de la Pte de Vanves and rue Marc Sangnier.
Métro: Porte de Vanves
Saturday, Sunday 7 p.m. to 7.30 p.m.

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Les Quartier Verts: Alésia and Tombe Issoire, 14th Arrondissement

The 14th is very livable from a residential point of view with lots of light and space while being close to the center of the city. It’s full of artists’ studios…you can visit the Villa Seurat…and there are great markets…the church at Alésia, and Saint-Pierre de Montrouge is a hidden gem. Of course, you can also see the Catacombs, a vast underground network of tunnels, where the bones of some 6 million people are located.

The city itself is doing its bit for greenery and in fact the first street scheduled under the City Hall’s "Quartiers Verts" scheme was in the 14th. At first, there were mixed reactions to this, "…the change in the direction of the traffic flow of rue de la Tombe-Issoire in the 14th, merchants claim to have lost 25% of their business, but apartments there and on neighboring rue Père-Corentin have increased in value 20%." We’ve seen that these rises have followed the Quartiers Verts scheme in other areas of the city.

This first Green District, an area of 65 hectares, was created through the joint efforts of local people, institutional partners, district associations and parents of students in the area.

The first phase of work in 2002 was in the area of rue de la Tombe Issoire and rue Alésia. The changes to the rue Friant section were carried out in 2003. The cost of this project was 2.95 million euros, and subsidized up to 35% by the Regional Council of the Ile de France.

The project consisted of:

- Improving road safety and the quality of the life in the district by reorganizing the direction of the traffic.

- Increasing the comfort and enjoyment of pedestrians and developing the local area by widening the walking areas and providing access to the green district.

- Facilitating bicycles by creating separate bike lanes in both directions on the streets of rue de la Tombe Issoire, rue du Père Corentin and rue Friant.

- Increasing the amount of "green" on the streets by planting trees on Friant and the crossroads of rue Tombe Issoire Tomb, rue Alésia and rue Sarrette, and installing flower stands on rue de la Tombe Issoire.

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Réunion Public: l’Art de Recevoir à Paris

Monday afternoon, a successful turnout of about 80 residents of the 3rd arrondissement attended a public meeting at the Mairie of the 3rd about the new initiative by the "Parisiens Associés" to create more Bed and Breakfasts in Paris under a rating system they call "Hôtes Qualité Paris."

Our illustrious Mayor Pierre Aidenbaum declared the 3rd the pilot district supporting the initiative wholeheartedly…and for several reasons: First, to be the first to act on new innovative ideas. (It’s one of the things I love most about living in this "quartier.") Second, he wants to share with visitors the secret corners (courtyards, houses, etc.) of this beautiful historic district. Third, he wants to show the world that the French are friendly, welcoming and open-minded to people from all communities and fourth, create a real one-on-one human contact between the Parisians and people of other places and cultures.

For more information about the program, visit
http://www.parisinfo.com/paris_hotels/rub6151.html&id_article=6644&OTCP_action=listeSITI or http://www.les-parisiens-associes.com/home.php3

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

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THE NO VOTE
IN FRANCE … The recent vote in France against the new EU constitution has everyone talking. Many people are concerned with the effect this will have on Europe and the Euro. First, it will certainly weaken the Euro, giving a fair value to American investors going exploring the Euro zone for investment. Most importantly, the NO vote will not force Europe to take a step back from its current economic positioning. Free trade, currency, extension to new countries, etc, will stay on track as scheduled. Reassuringly, the business environment and the real estate sector did not feel any change, as most investors and businesses are recognizing the dispute as political in nature on a European level, rather than a real economic concern. Most certainly, Europe will continue to grow and adapt to each entity, just as England’s decline of the Euro choice proved to have no effect whatsoever on the European economy.

LATEST BANK CONDITIONS

* LTV: up to 80%
* Variable Interest Rate: 2.5% to 3.66%
* Fixed Interest Rate: 3.75% to 4.55%
* Terms: 10 / 15 / 20 years
* Fees: 380 Euros to 1.196% of loan amount

QUESTION OF THE MONTH

Q: "I am interested in purchasing a French Leaseback property. How much can I borrow and how is it worked out?"

A: This is the most frequently asked question of all — but, unfortunately, it is also one with no easy answer. Firstly, under French lending rules and by Law, French lenders must "take into account the affordability of any proposed new mortgage lending." All types (and nationalities) of lenders usually do so, of course, as part of prudent and responsible lending. In France, lenders must consider affordability very carefully due to consumer law. It is left to each lender to determine what is and what is not "affordable" in any one case, and because of this, you will find varying advice and information on how a lender assesses affordability, with some lenders saying it is based on 33% of gross income, others that it is based on net income etc.

The "normal" or most common affordability criteria used is that, at the time of your mortgage application, the new proposed French mortgage monthly payments plus all/any existing financial commitments, such as any existing mortgage payments, rent payments, loan repayments and other ongoing "contractual financial commitments" (such as maintenance payments) must not exceed 33% of your total gross monthly income (or, as already mentioned, with some lenders a less generous 33% of net income is used). For joint income mortgage cases, the joint incomes are added together and each partner’s, and any joint and individual existing financial commitments are counted too.

However, for clients who are "high earners" (i.e. earning upwards of $135,000 per year), the 33% rule may not be applied in all cases — although it’s fair to say such matters are subject to ad hoc agreements — we have done cases where the debt ratio was more like 40% on a few occasions, or more commonly, in the region of 34% to 38% for such clients — hence this shows the flexibility that can exist in some cases, and where the client’s financial profile shows its merited.

For employees, "gross monthly income" means "before tax" income and where used, the term "net income" means "after tax" income or "take home pay." For self-employed clients, a different income definition is used (normally involving an assessment and interpretation of the last 2 or 3 years’ accounts, in particular the annual Taxable Net profits, backed up by personal banking records). For directors of Limited companies, normally any salary and dividends (averaged out over 2 or 3 years) will be assessed (and possibly any balance left over in the Capital Account of the Company may also be assessed).

Other types of verified gross or net income can also be assessed, including Investment income, State and Private Pension income, Rental income, Maintenance payments received etc. State Benefits are normally excluded from income assessments. Existing "financial commitments" do not include normal day to day living expenses — such as food bills, Utility bills, Council Tax and such like.

Although the affordability concept and rules may seem rather complicated and involved, the idea is to prevent clients from over-committing themselves…and for lenders to act responsibly in reaching lending decisions. That has to be good thing on both counts, of course.

Lastly, please remember that the overall amount you can borrow is also partly related to your available deposit funds. If you are not already resident and taxed in France itself at the time of the application, you must normally be able to put down a minimum of 20% of the purchase price or 15% for cases where you intend borrowing above 75,000 euros. For clients resident and taxed in France itself at the time of their application, lower deposit levels are required than for non-resident borrowers. In fact, mortgages of up to 100% are available.

In addition, you will need to have available the Notaries’ fees (buying costs), which can range between 6-10% of the purchase price.

FOREIGN EXCHANGE MADE SIMPLE

Most people buying a holiday home abroad would prefer to do so without dealing with the complicated world of foreign exchange. However, the sale price is nearly always agreed in a foreign currency with the exchange rate fluctuating constantly. Unfortunately nobody can predict these fluctuations making it impossible for you to account for the cost of your property in your base currency and maybe even pushing your overseas purchase out of reach!

Rather than leave this hidden, but very real danger to chance, you may want to use the services of a currency planner who will be able to explain and simplify the currency purchase and transfer system.

Your currency planner can arrange a spot trade, generally used to transfer your initial deposit. For ongoing payments, the planner can also fix the price of your property in sterling by fixing the rate, thus allowing you to budget more easily. This is known as a forward contract and is the safest and cheapest way of dealing with your currency requirements. You may decide that a combination of spot and forward contracts is best for

you, an
d your currency planner will be happy to help with the current rates and warn of any future weaknesses in the market.

Editor’s Note: We recommend international currency brokers Moneycorp, who can help make all the important foreign exchange aspects of your French property purchase as simple and cost effective as possible. Visit http://www.adrianleeds.com/frenchproperty/insider/moneycorpconvertor.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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Real or Royal Estate?
http://encyclopedia.laborlawtalk.com/Real_estate

Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate is often considered synonymous with real property (also sometimes called realty), in contrast with personal property, or personalty. However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership rights over real estate. The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.

In spite of the name, real estate has no connection with the concept of reality (in other words, the law does not consider real property more "real" than personal property). It derives instead from the feudal principle that in a monarchy, all land was considered the property of the king. Thus originally the term real estate was equivalent to "royal estate", real originating from the French royale, as it was the French-speaking Normans who introduced feudalism to England and thus the English language; cognate to Spanish real.

With the development of private property ownership, real estate has become a major area of business. Purchasing real estate requires a significant investment, and each parcel of land has unique characteristics, so the real estate industry has evolved into several distinct fields. Specialists are often called on to valuate real estate and facilitate transactions. Some kinds of real estate businesses include:

* Appraisal – Professional valuation services
* Brokerages – Assisting buyers and sellers in transactions
* Development – Improving land for use by adding or replacing buildings
* Property management – Managing a property for its owner(s)
* Relocation services – Relocating people or business to different country

Within each field, a business may specialize in a particular type of real estate, such as residential, commercial, or industrial property. In addition, almost all construction business effectively has a connection to real estate.

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French are "Champion Holiday-Takers"
Agence France Presse, PARIS

The French are the champion holiday-takers, enjoying an average 39 days of annual leave from work, according to a new study, carried out in six major western nations. The poor old US worker languishes at the bottom of the holiday heap with just 12 days off per year, according to the study carried out by the US Harris Interactive-Novatris research institute. Among the other countries included in the survey, the Germans came out second best with 27 days annual holiday, followed by the Dutch (25), the British (23) and the Canadians (21). The study, published by the on-line travel agents Expedia France, pointed out that the French figure included an average of nine days given to employees here as recompense for working more than the statutory 35-hour week.

 

 

 

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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 as

ide JUST ONE DAY of your b
usy 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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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: BUILDINGS FOR SALE

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, 20th Arrondissement, 79, rue des Cascades

Principal annual rent: 206,000 euros

Profitability: 6.1%

38 residences with 7 studios (16 m²), 27 2-room apartments (22-24m²) and 4 3-room apartments.

Brick and stone building with 4 floors, reception, telephone, Internet. Heating is central individual gas. Popular area near businesses, schools, métro, bus, train station, tramway, and a public carpark.

Asking Price: 3,100,000 Euros + 2.5% Finder’s Fee

 

 

 

***PARIS, 20th Arrondissement, 252, rue des Pyrenées

Principal annual rent: 50,004 Euros

Total area: 435.5 m²
7 3-room apartments (50 m²) + 3 studios (18-20 m²) + 2 shops (17 and 18 m²).

Residential building with reception. The building is close to bus, train station, tramway and métro Pyrenées, and a public car park.

Asking Price: 2,000,000 Euros + 2.5% Finder’s Fee

 

 

 

 

 

 

 

 

***PARIS, 12 Arrondissment, 77, boulevard Poniatowski

Principal annual rent: 108,000 Euros

Total area: 550 m²
A commercial area of 110 m² + 5 studios + 7, 2 room apartments + 3 Duplex of 37 m², fully occupied.

The building has a reception area and has public parking nearby. Close to transport, Métro: Porte de Reuilly, bus, train station, tramway.

Asking Price: 1,670,000 Euros + 2.5% Finder’s Fee

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PARIS PROPERTY PICKS: IN THE 14TH

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
htt
p://www.adrianleeds.com/frenchproperty/insider/propertyconsultation.html

***Paris, 14th Arrondissement, 3 rooms, approx. 62m²

Near Alésia, a beautiful, renovated apartment on the 2nd floor of a stone building. With moldings, fireplace and parquet floors. Bathroom, fully equipped kitchen, dressing room and 1 or 2 bedrooms are possible. Central heating, eastern exposure.

Asking Price: 404,000 Euros + 2.5% Finder’s Fee

 

 

***Paris, 14th Arrondissement, 3/4 rooms, approx. 90m²

Almost like a house in the city! Renovated ground floor apartment on several levels, including a 15 m² terrace. Beautiful high ceilings, large entrance and living room, open kitchen, office, bathroom and toilet. Western exposure. Near Alésia and a few minutes walk to Montparnasse.

Asking Price: 467,500 Euros + 2.5% Finder’s Fee

 

***Paris, 14th Arrondissement, 3/4 rooms, 80m²

Charming apartment on the ground floor of an old building. Features a private treed courtyard, sunny and quiet. Equipped kitchen, bathroom, separate toilet. 3m high ceilings, electric heating, cellar, east/west exposure. Near Métros: Denfert-Rochereau/St-Jacques.

Asking Price: 519,000 Euros + 2.5% Finder’s Fee

 

 

 

 

 

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

Next session: July 5, 2005, 2 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

2 Rooms 43,6 m²
142 rue du Faubourg Saint Denis
75010 PARIS 10th
Opening Bid: 115,000 Euros
Deposit: 23,000 Euros

 

3 Rooms 80,20 m²
9 rue de Villiers
75017 PARIS 17th
Opening Bid: 315,000 Euros
Deposit: 63,000 Euros
3 Rooms 70,51 m²
212 avenue du Maine
75014 PARIS 14th
Opening Bid: 225,000 Euros
Deposit: 45,000 Euros
5 Rooms duplex 165,10 m²
33 quai d’Anjou
75004 PARIS 4th
Opening Bid: 1,100,000 Euros
Deposit: 220,000 Euros
4 Rooms 92,01 m²
212 avenue du Maine
75014 PARIS 14th
Opening Bid: 300,000 Euros
Deposit: 60,000 Euros
Studio 27,8 m² furnished rental
30-32 rue des Cordelières
75013 PARIS 13th
Opening Bid: 98 500,00 Euros
Deposit: 19 700,00 Euros
2 Rooms 47 m²
27 rue Thibouméry
75015 PARIS 15th
Opening Bid: 50,000 Euros
Deposit: 10,000 Euros
2 Rooms 44,37 m² + parking
15 rue Rémy Dumoncel
75014 PARIS 14th
Opening Bid: 148,000 Euros
Deposit: 29 600,00 Euros

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SEEKING A MORTGAGE IN FRANCE?

Let us help you secure a mortgage in France with interes
t 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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FPI Property Search Services

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.

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

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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/

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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

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Copyright 2005, Adrian Leeds Group, LLC

 

 

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