Toasting To The New Year In Champagne

Toasting to the New Year in Champagne

Bar sur Aube, Champagne

(FOR SUBSCRIBERS ONLY)

French Property Insider

Thursday. December 23, 2004
Paris. France
http://adrianleeds.com/frenchproperty/insider

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Bonjour French Property Insider Subscriber,

In honor of the New Year, we toast today’s issue to what the “bubbly” that has become synonymous with the New Year…champagne.

“Located a mere 90 minutes to the east of Paris, the Champagne-Ardenne region is a land of contrasts in which visitors find vast, fertile plains carpeted with fields of grain, immense forests steeped in mystery and legends and the tranquil waters of large lakes. Champagne-Ardenne is also a land of history whose pages are written in the many historic buildings that have come down to us through the centuries. And, Champagne-Ardenne is a region in which lifestyle and gourmet cuisine are paramount. Champagne is one of the main reasons for this. Thanks to it, any holiday in Champagne-Ardenne is as light and airy as the bubbles that dance in the glasses.” (Maison de la France)

It took me years to learn how to pronounce the city of Champagne that is so well known for its magnificent cathedral — Reims. No, it’s not “reams,” or “rimes.” It’s “ranse.” Scroll down to read more about this beautiful region and the libation that makes it famous, thanks to http://FranceMonthly.com, a site devoted to history and information about all regions of France.

Also, in the spirit of the New Year and the annual fireworks that light up the Parisian sky over the Eiffel Tower, today’s Paris Property Picks highlight three apartments with views of La Grande Dame and hence no need to leave home to see the “feu d’artifice” on New Year’s Eve, Bastille Day or other momentous occasion. (Remind me to tell you about the Bastille Day I got stranded on the Champs de Mars after the Métro stopped running that took 3 hours to walk home to Le Marais! Wouldn’t I have loved to live in the district on that occasion?!)

There’s no news on the Leaseback property scene this week, but auctions are coming up and some excellent deals can be made there if you’re really ready to buy. Scroll down for the listing and information about how the auctions work. Plus, three beautiful homes in Champagne, department 51, just a short drive from Paris.

Yolanda Robins, Property Search Consultant, gives us fair warning about how quickly good property goes on and off the market these days — she experienced several instances in the last few weeks where properties in Paris sold for their asking price within a few days of being listed with agents. One client shed tears over the loss for having waited less than 24 hours to make an offer, only to have it snatched up by a buyer willing to pay full price.

As a note of interest, I’ve added one article I found fascinating about the Japanese living in France and the “Paris Syndrome” published originally by Agence France Presse and sent to me from cultural guru and author, Ruth Mastron. When you read it, place yourself in their shoes and remember, our only advantage is that we look more like the French, but I will bet we are as different from the French as the Japanese are. We hope we at FPI can help you avoid the “Paris Syndrome”…

On a final note, this is the 51st issue of this year’s edition of French Property Insider — an extra bonus over the 50 issues per year we promise. Next week, FPI takes a holiday between Christmas and New Year’s, just like many of you are taking. (Look for the next issue to be Volume III, Issue 1, January 6, 2005.)

Paris is flooded with holiday travelers and friends. Many of them are taking one day of their vacation to meet with a line-up of professionals to learn how to Invest in France at Wednesday’s (December 29th) seminar here in Paris. for those of you still undecided, there is still room for last-minute registrations, so don’t hesitate to contact us by either registering directly on the site (http://www.adrianleeds.com/parlerparis/liveinfrance/IIF_Paris/IIF_order_form.html) before Tuesday the 28th at 5 p.m. Paris time or contacting one of us personally:

Schuyler Hoffman, Projects Manager
Phone 1-310-427-7589 PST
Email: info@adrianleeds.com/parlerparis
Adrian Leeds
Phone 1 (310) 427-7589 Paris Time
Email: Leeds@adrianleeds.com/parlerparis

Pour a glass of champagne and toast to a very Happy New Year.

See you next year…

 

 

 

 

 

 

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

P.S. Don’t forget, there are just a few seats left to see Paris by Night with Vincent Dupont. Visit

>http://www.adrianleeds.com/parlerparis/liveinfrance/IIF_Paris/IIF_Paris_by_Night.html for more information

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Volume II, Issue 51, December 23, 2004
(next issue Volume III, Issue 1, January 6, 2005)

In this issue:

* Time to Purchase, Ponder, Please
* The Paris Syndrome: Just for the Japanese?
* Bubbling Up the Holiday
* Looking Up to the Champagne Region with High Regard
* Free Franglo Ads for Francophilian Anglophones
* See Paris by Night with Your Own Private Tour
* The Big Easy Makes Living in France Easy, Too
* An Update on Paris Property: Part IV, Renting for Profit
* Currency Exchange Update
* Paris Property Picks: Fixed on the Fireworks — Views of the Eiffel Tower
* Classified Advertising: Apartment Rentals

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Time is of the Essence
By Yolanda Robins

Intro by Adrian Leeds

Last week a close friend called excited that she had seen an apartment that day and bought it, just like that! I was stunned that she had moved so quickly without much thought or bargaining and I begged her to promise not to commit to anything until I had seen it and given it the “seal of approval.” She patronized me by making an appointment to visit the apartment a few days later with the agent.

Fortunately, she was very correct in having made her decision as quickly as she did. The apartment building had been recently purchased by a developer, completely renovated to perfect condition and as the tenants’ leases were ending, apartments were being cleaned and placed on the market. Americans had just moved in on the second floor and the rest of the new owners were very international. The location was superb, the neighborhood charming, the agent very responsive and the signing of the Promesse de Vente could be scheduled less than a week later. All worth every penny of her having to pay top Euro.

This is more often the case than not in the last few months from our observation. Yolanda Robins, our Property Search Consultant who works directly with clients to find the apartments and homes of their dreams, has this to report on acting fast:

Time is of the Essence by Yolanda Robins

Finding an apartment in Paris is no simple task, especially considering the absence of a Multiple Listing Service (MLS) system. There are more than 2,700 agencies located in the city of Paris and each maintains their own separate listings of properties that are available for purchase or rent in their specific “quartier” or neighborhood. Property search specialists, such as ourselves, simplify the process by doing the “groundwork” for those ready to purchase a property because we have established relationships with key agencies that allow access to properties, sometimes before they even reach the market. Although the process is labor intensive, we select and screen properties that fit our clients specific needs based on size, location, price and other parameters, before we schedule the site visits.

While real estate market prices in Paris have increased approximately 24% over the past 12 months, the rates of growth continue to pace well below comparable metropolitan cities such as New York, San Francisco, London and Hong Kong. In Paris, there continue to be attractive properties at good values with excellent opportunities for growth. That notwithstanding, when good properties come to the market they tend to move quickly and time may be of the essence. It is sometimes required that you seize the moment before a good property is lost to another buyer.

During one of my recent searches, I located a beautiful 50 square-meter apartment for a client in a well-maintained, “Haussmannian” building on boulevard Richard Lenoir near the Bastille. The apartment had amazing Versailles style wood floors, a large bedroom, double living room with two working fireplaces, bathroom and separate kitchen. Although the kitchen was in need of a complete renovation, the property was well situated in an ideal location with 24-hour, on-site “gardien.” Our client wanted to wait 24 hours before making an offer, and unfortunately, during her period of reflection, the seller received an offer of his asking price of 3000 euros and accepted the offer.

She lost the apartment and it brought her to tears. This is not an unusual situation. Within 24 hours, I found an even better property in the same price range with loads of light at an attractive price with nearly the same amenities, and a lovely balcony the full length of the apartment facing the avenue de la République.

As with any “bull” market, choice properties can be sold very quickly, usually near or at the asking price. It behooves our clients to make an offer to commence the bidding process and if you find that the apartment will not be able to suit your parameters given certain modifications, you have the opportunity to withdraw your offer before a Promesse de Vente (or Compromis de Vente) is signed or within seven days after signing it. This particular situation ended with a more than satisfactory conclusion: we found our client a wonderful apartment that needed some renovation, but located in an excellent neighborhood with trthndous opportunities for value appreciation and rental revenue potential.

The moral of the story is that when you find your dream pied-à-terre
in Paris, seize the moment, because the window of opportunity on good properties is narrow. You still have seven days to fully consider your decision, and you are able to withdraw your offer, if necessary, with no risk on your deposit should you decide you would like to pursue other options. You can be assured that we will advise you appropriately, so that you won’t miss your window of opportunity on securing your pied-à-terre in Paris in an expeditious manner without compromising the value proposition.


Editor’s Note: Yolanda Robins is French Property Insider’s Property Search Consultant and can help you find the property of your dreams. She will be speaking at the upcoming December 29th, 2004 Invest in France Seminar on the topic of “Finding Your Dream Apartment in Paris” and can be reached at Adrian@AdrianLeeds.com

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The Japanese and Paris Syndrome
http://news.yahoo.com

PARIS (AFP) – A strange illness has descended on Japanese living in Paris, tipping many of them in a state of profound culture shock after realizing their ideals about the French capital were unrealistic, a study said.

More than a 100 expatriates a year are sinking into a state called “the Paris syndrome” which is characterized by feelings of persecution or suicidal tendencies, according to the mental health facilities of city hospitals, according to a study in the Liberation newspaper said.

Part of their clinical depression stems from having to reconcile their romanticism about Paris with reality, psychiatrists said.

“Magazines are fuelling fantasies with the Japanese, who think there are models everywhere and the women dress entirely in (Louis) Vuitton,” Mario Renoux, the head of a French Japanese Society for Medicine was quoted as saying.

After a relatively short period of only three months or so, Japanese immigrants expecting to find a haven of civilization and elegance instead discover a tougher existence with many problems dealing with the French.

“They make fun of my French and my expressions”, “they don’t like me” and “I feel ridiculous in front of them” are common refrains heard by the doctors.

The need to forcibly express one’s self to be noticed — seen as vulgar in Japanese society — and exposure to a humor sometimes seen as offensive adds to the unhappiness.

“However, not wanting to give up their Paris dreams, the patients refuse to go back to Japan,” the newspaper noted.

“The phenomenon manifests itself in those who are unable to adapt to France because of the shock resulting from the confrontation between the two cultures,” Dr Ota, a Japanese psychologist treating some of the patients at Sainte-Anne Hospital, said.

He and other experts underlined Japan’s ideal of collectivism, or putting the group first, as a barrier for some of the immigrants who suddenly find themselves in a Western society based more on individualism.

Many of those feeling victimized by the experience are Japanese women.

“They are, in general, young ladies who have been spoiled and protected. Ill-prepared for Western freedom, they often go off the rails,” the head of the French association Young Japan, Bernard Delage, said.

The Japanese consulate in Paris said there were 140 Japanese registered as living in Paris, and thousands more unregistered. Most are students, artists, businessman and employees of international companies.

Editor’s Note: Thanks to Ruth Mastron, co-author of “Au Contraire, Figuring Out the French” and Vice-President of SoCoCo Intercultural, http://www.sococo.com, for this cultural crossings news item. Watch for her latest book, “Cultural Detective France,” http://www.culturaldetective.com, “Français et Americains: Ces differences qui nous rapprochent,” http://www.alban.fr. Ruth will be speaking at the upcoming Living and Investing in France Conference February 11 – 13, 2005 in New Orleans. For more information, visit http://www.adrianleeds.com/parlerparis/liveinfrance/LIF_NOLA/LIF_NOLA_home.html

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Champagne: Symbol of festivities and of prestige
By Guillaume Puzo
http://us.franceguide.com


Champagne is certainly one of the most striking demonstrations of French expertise when it comes to luxury and good living.

The lightness, evanescence and playfulness of its bubbles distinguishes Champagne from all the other great wines. And yet it appeared relatively recently, when seen on a historical scale. Although the vineyards of the Champagne region have been famous since the Gallo-Roman period, and wine from Champagne was served at the table of the kings of France, this was a still wine, without bubbles, either white or red.

Sparkling Champagne, as we know it today, did not appear until the 18th century, thanks partly to better knowledge of what causes foaming, and mainly to the thrgence of solid glass bottles in large quantities, a consequence of the industrial revolution. Starting from this period, the prestigious Champagne houses were founded: Moët & Chandon, Veuve Clicquot Ponsardin, Roederer, etc.

When buying a bottle of Champagne, look carefully at the dosage indication on the label. Dosage is the addition of a small quantity of sugar to the wine just before shipping, to slightly attenuate its high level of acidity. “Brut” refers to a Champagne with very little sugar, designed for drinking as an apéritif or with a meal, “demi-sec” has a higher sugar content, and goes better with desserts, or foie gras for connoisseurs.

A “blanc de blancs” champagne is produced using only the Chardonnay variety of grapes: floral, subtle and delicate, this is the ideal apéritif or accompaniment to creamy seafood dishes. A “blanc de noirs” champagne is produced essentially from the Pinot Noir variety: fruitier, more structured, more powerful, this should be served with meals, and especially game stews.

Finally, rosé champagnes can accompany white meats, poultry, even creamy cow’s mil

k cheeses (chaource, brie etc.). If you’d like to serve several different champagnes from the same house during your meal, start with the simple undated brut, the house’s basic commercial offering, and move on to vintage wines that are more refined, more complex, and have greater gastronomic potential.

To taste a champagne under the best conditions, it should be chilled — but don’t serve it ice-cold! The ideal temperature is between 8 and 10°C, a little warmer for the great vintages: the fridge door will do perfectly well, but an ice bucket filled with water and ice cubes is of course the best way to enchant the eye of your visitors. When serving champagne, give preference to flutes rather than shallower glasses, whose larger aperture disperses the aromas of the wine. Finally, however you choose to appreciate Champagne, rthmber the words of the Marquise de Pompadour, who said it was “the only wine that leaves a woman beautiful after drinking.”

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Champagne: A Preeminent Region

http://www.francemonthly.com/

Throughout France, the Champagne region was held in the highest esteem. Reims, Capital of the second Gaul, was the city of coronation of French kings from Clovis in 496 until Charles the Tenth in 1825. The Champagne region is also the oldest region of French wines. With a limestone earth, good exposure to the sun and winegrowers devoted to their craft since the beginning of time; one would expect the finest wines of all. At the beginning, the bubbly quality of the wine was considered a flaw to be overcome. Apparently, the 45th parallel (from the regions of Bordeaux to the Rhone valley) was the ideal latitude to produce wines of high quality. Champagne was too far north, situated at the 49th parallel. Louis Pasteur took this “liability” and made it into a science: A first fermentation of the grape juice occurred after the grape pressing, then during the cold winter, the fermentation paused, then resumed in the spring. This process, because of the specific latitude of the region, gives this delicate wine, called Champagne, its well known effervescence.

The Abbey of Hautvillers

Legend has it that, Saint-Nivard, bishop of Reims, in search of the ideal place to establish a monastery, looked to the heavens for a sign from God. At that moment he saw a dove place itself on the tallest beech tree at the highest point of Hautvillers. Thus the site, situated on the edge of the Marne River, was chosen. As early as its foundation was laid, the abbey was a big success. The monks there practiced the rules of Saint-Benoit. Their prayers and the steady work of the vine which, until the middle ages was often done by religious orders, regulated their days rhythmically. Unfortunately, to prosperity followed dramatic periods of invasions and wars, leaving pillage, destruction and desolation. Throughout time, the abbey of Hautvillers (north of Epernay), often served as a refuge to the inhabitants of the countryside in distress. Despite these hazards and difficult periods, the abbey did not cease to grow, thanks to the gifts of the believers and the land purchased by the monks. After his allocation in 1668, it was the abbot Dom Pérignon who, thanks to his courage, his tenacity, and his intelligence, was able to bring the abbey to its eminence and with it bring its prosperity and honor.

Editor’s Note: FranceMonthly.com brings you to a new and wonderful area of France every month with unique stories and insights into its history and best areas to visit. For more information or to subscribe, visit http://www.FranceMonthly.com

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New Franglo.com For Anglophone Francophiles

News on the online scene for Anglophones seeking a wide variety of resources in Paris is Franglo.com, a free classified ad service for Anglophone Francophiles. From now on you won’t have to run out for the latest copy FUSAC (France-USA Contacts) — click on the link on the left panel on the French Property Insider site at http://adrianleeds.com/frenchproperty/insider to read the ads or post your own!

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Last Chance to Register!

On the Wednesday between Christmas Day and New Year’s Eve, December 29th, property attorney John Howell, myself and a host of other high-level property professionals will be joining me and a fortunate group of investors for the “Invest in France Seminar” taking place at the newly designated four-star hotel “Les Jardins du Marais.”

What a great way to ring in the New Year —
in the world’s most romantic city…
A dream come true –
And your dream to own a home in France
can come true, too.

Capitalize on this incredible opportunity now before it’s too
late. And rthmber,
reserve before December 10th and save even more!

For all the information and a link to the registration form, click here: http://www.adrianleeds.com/parlerparis/liveinfrance/IIF_Paris/IIF_home.html

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Paris by Night
Take a very private and personal tour with Vincent Dupont!

Let Vincent Dupont, “hôtelier” with the four-star Les Jardins du Marais, guide you and only four others through the streets of the City of Light by night in his luxury van to see the stunning Holiday array of lights and spectacles…

Starting from Place de la Bastille where the French Revolution took place…

All through Paris to see by night the city’s most stunning monuments…le Louvre, le Grand and le Petit Palais, l’Arc de Triomphe, la Tour Eiffel, Le Panthéon, les Invalides, l’Assemblée Nationale, l’Hôtel de Ville, le Palais de l’Elysée, Nôtre Dame…

And you won’t miss Paris’ most bustling points…place de la Concorde, place de l’Etoile, le Trocadero, place Vendôme and Le Ritz Hôtel, place de la Madeleine, place de l’Opéra…

Roll down the gloriously lit boulevards…Haussmann and les Grands Boulevards to see the Holiday lights of Galeries Lafayette and Aux Printemps, le Champs Elysées, rue de Rivoli, rue Royal, boulevard Saint-Germain…

And all the while, Vincent tells his tales of Paris past and present…while you sit back and enjoy the beautiful sights of the most romantic city in the world!

Only Four Tours Available:

Tuesday, December 28th
1) 7 p.m. to 9 p.m., 2) 10 p.m. to 12 Midnight

Tuesday, December 30th
3) 7 p.m. to 9 p.m., 4) 10 p.m. to 12 Midnight

Invest in France Seminar Participants: 30 Euros per person
Non-Seminar Participants: 35 euros per person

Limited to 5 Persons per Tour
Choose your tour (1, 2, 3 or 4) and reserve your place by email
info@adrianleeds.com/parlerparis

Meet in the lobby 15 minutes ahead at Les Jardins du Marais, 74, rue Amelot, 75011 Paris

Note: Cancellations must be made at least 24 hours in advance.

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Come to New Orleans this February
to Make Your Dream to Live in France Come True

In just three days you can have all the tools you need to totally transform your regular life… into la vie française… and you can do it without leaving the US of A. In fact, you can do it by spending those three important days in one of the greatest cities in the US — “Nouvelle Orléans.”

In one fun-filled and informative weekend, you will have everything you need to make it happen. We are going to teach you how to…

* Obtain the Right to Be in France…
* Learn the Language…
* Earn a Living in France…
* Minimize Your Tax Liability…
* Find, Buy and Own Property…
* Learn About the Leaseback Program…
* Rent Your Property for Profit…
* Get a Mortgage…
* Make Smart Offshore Investments…
* Cross the Cultural Divide…
* And more!…

Ask your questions of our experts — get the real answers. This is your opportunity.

Living and Investing in France
February 11 -13, 2004
Sheraton New Orleans Hotel, Canal Street

For more information and to register early and save $600, visit http://www.adrianleeds.com/parlerparis/liveinfrance/LIF_NOLA/LIF_NOLA_home.html

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Paris Property Report: Part IV
By Schuyler Hoffman
Updated December 2, 2004

What is rentable and how much will it cost…

While evaluating the cost of an apartment involves comparing its price against other apartments in that area and against those of Paris generally using the average cost per square meter, keep in mind these are averages. An apartment that is rentable “as is” will be well above the average in that area, while one closer to the average is probably going to require some work to make it rentable.

So, what is rentable and how much will it cost, in dollars? A two-bedroom apartment of 70 to 90 square meters, particularly with two baths, will always stay rented. However, they will cost much more than the average and are rarely on the market. A studio will generally be smaller (15-30 square meters) and probably closer to the average in price, but is often harder to keep rented. The apartments most available on the market are one-bedroom apartments of 40-50 square meters and that means you’re in competition with many others. In these prime arrondissthnts buying a two-bedroom apartment means paying a minimum of 4000 Euros.

If you’ve ever bought real estate before, then you probably know there is often a difference between what you want and what you want to spend. It will be no different in Paris. If you are serious about buying, and the short-term rental value is a primary consideration, be prepared to spend more to make your investment worthwhile. You may well be able to find a suitable apartment in the price range mentioned above. However, apartments recently looked at, with good rental

value, located in the prime areas, were more expensive.

The cost of ownership…

Three apartment owners in Paris share details about the expenses of owning their apartments to provide a realistic expectation of the cost of ownership. One owns a studio, the second a one-bedroom and the third, a two-bedroom.

Yearly taxes consist of the taxe d’habitation (Paris city tax paid by all occupants of apartments) and the taxe foncière (real estate tax). For both smaller apartments the taxe d’habitation is about 200 Euros. The larger two-bedroom apartment paid about 300 Euros. The formula used to come up with this is quite complex and will vary depending on whether the apartment is your primary or secondary residence– a secondary residence has a higher rate — where it is located, and a number of other factors.

The taxe foncière is based on the value of the apartment. It takes into account the age of the building, the area of the city, the size, and other factors. The studio, in an older building in the Marais (3rd), and approximately 20 square meters, was assessed at 170 Euros last year. The taxe foncière was 200 Euros for the 50-square-meter one-bedroom apartment in an older building in the 5th arrondissthnt, and the 70-meter apartment (also in the Marais) 300 Euros.

There are many variables that go into the monthly mortgage you will have for an apartment. These three bought their apartments a few years ago, when prices were less than they are now. Two of them bought apartments in dire need of total renovation, and were able to get good deals because of this. Financing 80% of the purchase price, the mortgage on the studio is 800 Euros per month (20 year loan); that of the one-bedroom is 850 Euros; and the two-bedroom is 1,150 Euros per month. In today’s real estate market you can expect your mortgage will be higher depending on how much you put down.

Apartment buildings in Paris are like co-operative and condo buildings in the States. You own your particular apartment but share responsibility for common parts of the building with the other owners. There is a monthly copropriété (co-owners) fee that pays for expenses involved in maintaining the building; common utilities (usually including water for all apartments), garbage collection, maintenance, etc. This charge runs approximately 100 Euros per month for all of the apartments we’re talking about. Of course, if your building is undergoing major renovation work (such as the installation of an elevator or the cleaning of the exterior stone), your co-owners fees could be higher to pay for that work.

Utilities (gas, electric) for the two smaller apartments run 50 to 60 Euros per month, and 100 Euros per month for the larger one. Apartments with electric heat could run much higher, especially during the winter.

Basic telephone service is approximately 25 Euros per month. On top of that you pay a per-unit fee for each phone call you make, and of course for long-distance calls.

Beyond those basics utilities you may want to include Internet access and cable television. Prices for Internet access are similar to those in the States. A dial-up service will cost around 20 Euros per month. Be aware, however, you’ll also be paying per-unit fees for the telephone usage. This can add up quickly (one month using dial-up, before having high-speed access, cost over 100 Euros).

Broadband access via cable or ADSL is readily available. After initial modem and set up costs, these services will run around 45 Euros per month. The cost for Cable TV starts at around 20 Euros per month for basic service and goes up depending on how many channels you want.

Compiling all these expenses into a total, keeping in mind there is a variety of variables, when you buy your apartment in Paris today– not including the up-front costs of the purchase itself or renovation costs –you can realistically expect your cost of ownership to start at 10 to 1,200 Euros per month.

You bought it, now what…

Congratulations! You own your home-away-from-home, an apartment in Paris! You can now look forward to renovating and getting it just the way you want. And of course, begin to think about the taxes, utilities, and all those other things homeowners are faced with… in some ways, maybe it’s not so different here.

Editor’s Note: The complete 21-page Paris Property Report was updated today, December 2, 2004 and is ready in pdf format for download from the French Property Insider Web site by clicking on:
http://www.adrianleeds.com/frenchproperty/insider/subscribersonly/parisreport.pdf
To access this password protected page:
The username is: fpisubscriber
The password is: paris1001

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SEEKING A MORTGAGE IN FRANCE?

Let us help you secure a mortgage in France with interest rates as low as 3.35%. Visit http://www.adrianleeds.com/frenchproperty/loan for more information

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TODAY’S CURRENCY UPDATE

A service of http://www.xe.com
Subscribe for free at: http://www.xe.com/cus/

Live mid-market rates as of 2004.12.23 10:59:07 GMT.

1 U.S. Dollar equals 0.743426 Euros (0.745572 Euros last week)
1 Euros equals 1.34512 Dollars (1.34125 U.S. Dollars last week)

1 U.K. Pound equals 1.42616 Euros (1.44815 Euros last week)
1 Euro equals 0.701185 U.K. Pounds (0.690538 Pounds last week)

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*** HOT PROPERTY

Each week French Property Insider fe

atures 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


* Department 51 East of Paris, 1h45 on the A4

10 Rooms – 300m², beautiful house of the 18th-century with large reception rooms, six bedrooms, terrace, winter garden, woodwork, fireplaces, outbuildings, cellar, land.

530,000 Euros + 2% Finder’s Fee

 

* Department 51 Reims

7 Rooms – 155m², on a beautiful wooded park, absolute quiet, five bedrooms, office, finished basthnt, wine cellar, garage, access to two streets, land.

381,350 Euros + 2% Finder’s Fee


* Department 51 Reims

8 Rooms – 195m², beautiful old home recently renovated with taste in the center of a small village found northeast of Reims. High ceilings, large living room, four bedrooms, office, sports room, parquet flooring, garage, interior courtyard, immediately habitable, land.

262,580 Euros + 2% Finder’s Fee

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

Next sessions: January 18th, 2004, 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 44,44 m²
37 rue d’Orsel
75018 PARIS 18th
Starting bid: 105,000 Euros
Deposit: 21,000 Euros

Studio 22,10 m²
15 rue des Boulets
75011 PARIS 11th
Starting bid: 38 112,25 Euros
Deposit: 7,623 Euros
3 Rooms 52,8 m²
64 rue du Faubourg Poissonnière
75010 PARIS 10th
Starting bid: 130,000 Euros
Deposit: 26,000 Euros
2 Rooms 37,01 m²
4 square Gabriel Fauré
75017 PARIS 17th
Starting bid: 120,000 Euros
Deposit: 24,000 Euros

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PARIS PROPERTY PICKS

PARIS PROPERTY PICKS: VIEW OF THE FIREWORKS AT THE EIFFEL TOWER

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

* 75 PARIS 7th arrondissement
Address: Champ de Mars
5 rooms – 120m², on the 5th floor with an elevator in a turn-of-the-century building of grand standing, 5 rooms, 120 m2, in good condition, comprising of an entry, double living room, 3 bedrooms, equipped kitchen, 2 bathrooms. Superb view of the Eiffel Tower. Parquet flooring, fireplaces, quiet, sunny.

Asking Price: 1,370,00 Euros + 2% Finder’s Fee

* 75 PARIS 15th arrondissement
4 rooms – 128m², magnificent apartment of 128m². Large living room with view of the Seine and the Eiffel Tower, 3 bedrooms with baths, equipped kitchen, 2 toilets, parking, cellar.

Asking Price: 820,000 Euros + 2% Finder’s Fee

 

 

 

 

* 75 PARIS 15th arrondissement
Address: rue de la Fédération 12 rue Dupleix, Esplanade du Champs de Mars

3 rooms – 66.23m², recently renovated, 3rd floor, 2 bedrooms, parking in basement possible, cellar, guardian,

Asking Price: 325,640 Euros + 2% Finder’s Fee

 

 

 


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PARLER PARIS APRES MIDI

NEXT MEETING: Tuesday, January 11th, 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.

For a detail description of the past meeting and for more information
about Parler Paris Après Midi, visit:
http://www.adrianleeds.com/parlerparis/apresmidi.html

LOCATION:
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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INSIDER PARIS GUIDES DISCOUNT FOR FPI SUBSCRIBERS

After December 31st, six Insider Paris Guides will no longer be available for sale:

* Insider Paris Guide to Working and Living In France: The Ins and Outs
* Insider Guide to Good Value Paris Hotels
* The Insider Guide to Biking in Paris
* Writers Insider Guide to Paris
* Insider Guide to Gay Paris
* Bojangles Book of Gumbo

So, take advantage of this last opportunity to order them now!

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 this password protected page:

The username is: fpisubscriber
The password is: paris1001

If your computer utilizes cookies, once you log into a subscriber only section, the login information will remain active for seven days, after which you will have to login again.

- 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/subscribersonly/pastissues/index.html

- To receive your free French Leaseback Report or the Paris Property Report, click on
http://www.adrianleeds.com/frenchproperty/insider/subscribersonly/reports.html

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

==APARTMENT RENTAL==

The best and easiest way to find an apartment in Paris…

So, you want to rent your own “pied-à-terre” for a week, a month or a year? It’s easy — there are thousands of apartments in Paris to call home, but it’s not so fast and easy to surf through all the thousands to fine the one perfect for you.

For just $39, we’ll do all the legwork and you’ll just move in and unpack. Let us do a customized search for you with our favorite short-term vacation rental agents!

To start your search, contact Yolanda Robins at Adrian@AdrianLeeds.com

==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 2004, Adrian Leeds Group, LLC

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