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Fractional ownership is the hottest way to own your piece of Paris simply, easily and inexpensively! Here is one of our newest offerings available through French Property Fractional: This rare Paris apartment, located next to Notre Dame on the beautiful, historic Ile de la Cité has two bedrooms, one and one half bathrooms, and impressive views of Notre Dame's towers. The building is on the banks of the Seine river opposite the Hôtel de Ville and Ile St. Louis. This ideal location is very rare, since there are so few buildings on this magical island located right in the middle of the Seine River. For more information on this and other fractional ownership properties now available, or to learn how you can design your own property, visit French Property Fractional. Bonjour French Property Insider Subscriber,
On Tuesday, "Mr. Normal," François Hollande, was inaugurated as President of the French Republic. On that day, his plane headed to Germany to meet with Angela Merkel was struck by lightning forcing it to return to Paris, delaying his meeting with the German Chancellor. Already in opposition, she advocates austerity for Europe while he advocates spending and growth. More lightning is likely to be struck between them. Meanwhile, the Socialist President, is actually hugely wealthy, in spite of his campaign casting a disparaging light against the "Bling-Bling" Nicolas Sarkozy. The man who “dislikes the rich” and wants to highly tax the wealthy and go up against the banks is actually one of them. Perhaps it will be a benefit to those of us interested in investing in French property that he owns three holiday homes himself on the Riviera in Cannes and his assets are valued at $1.6 million. The press is making a big deal of it. They are calling him a gauche caviar, (“Left-wing caviar”)... the Gallic equivalent of a "champagne Socialist." But when you stop to think about it, that's not so "hugely wealthy," at least not in my book. New York Michael Bloomberg is worth $22 billion and Governor of California Arnold Schwarzenegger is worth $800 million. So, what would the French think of that? What's $1.6 million in assets? The price of a 100 square meter apartment in central Paris. Still, in France, it's 'gauche' to have any wealth at all and those who voted for his anti-wealthy approach to politics will see fault in his property portfolio, even though he owns no stocks and he apparently does not own a car...just a three wheel Piaggio scooter. Meanwhile, the wealthy are heading for the hills of Belgium and other havens, along with the heads of state-controlled companies whose salaries have been threatened (he proposes that the top salary cannot exceed 20 times the lowest salary). Some will see pay cuts of as much as 69% (the head of EDF). How does he propose to run these companies with just a happy workforce and no head? Our only hope is that he will come to realize, that if none of his French constituents have money, then neither will the French government, as they can't tax the proverbial turnip. __________ PIN. Remember this acronym. No, it does not stand for "Personal Identification Number." It stands for "Property Investment Network." It was started by Simon Zutshi in the UK -- a Property Investment Professional, Speaker, and Networker 'extraordinaire.' Here in Paris PIN will be launched May 24th, hosted by Justine Trueman, a Professional Investor and Finance Writer/Editor who is the author of Detox your finances: the ultimate book of money matters for women. And I'm one of their "Working Partners." This means I'll be speaking at every meeting providing an update on the market and from time to time going into depth on other topics...such as how to create a high return rental property (with information about the recent rental laws), fractional property development and investments on the Riviera. PIN meetings will take place on the 4th Thursday of the month -- with the exception of June when it will be Monday June 25th, and August and December when no meetings are scheduled. Simon and Justine will be there, of course, along with other speakers who will be discussing: Paris May 2012 PIN Meeting Here's how you sign up: - Go to PIN Paris A bientôt,
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it (photo by Michael Honegger)
P.S. We're filming yet another House Hunter's International episode this coming weekend! The latest one, "Sizing up the Parisian Suburbs, Episode HHINT-3803H" is airing May 29, 2012 at 10:30 PM e/p and 1:30 AM e/p, so be sure to tune in. Discover more information on all our House Hunter's International Episodes. And to any of you who have the ability to record it so we can see it (it doesn't air in France), please do so and send it our way! Many thanks!  See Adrian Leeds and French Property Consultation on House Hunters International!
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When you're buying a holiday home or investment property overseas, trading your currency can be a crucial cost factor. The euro exchange rate is constantly fluctuating, so trading at the right time will mean your money goes a lot further. Adrian Leeds Group, LLC and Moneycorp are working together to ensure you make the most of your Dollar or Sterling when buying a property in France or anytime you transfer from one currency to another. For more information, visit: Moneycorp Planning a trip to Paris? Or you just love reading every book you can get your hands on about the City of Light? Get Practical Paris, the indispensable guide written by veteran tour company owner (Nuit Blanche Tours) and featured in National Geographic. Save time, hassle and needless expense and make the most of your precious stay in Paris. BONUS: Access to a web page containing hundreds of Useful Links! Visit Practical Paris. Helpful Conversions for Real Estate 1 square meter = 10.7639104 square feet 1 hectare = 2.4710538 acres For more conversions, refer to: www.onlineconversion.com/  Practice Your French...or English!
Practice speaking French and English. Make friends, discuss interesting topics, learn about other cultures, progress in understanding and speaking, naturally and easily. Meets three times a week -- come as often as you like! For further details, visit Parler Parlor. 
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