French Property Insider Volume XIII, Issue 29 Thursday, July 16, 2015 • Paris, France
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FOR SALE: ARLES IN PROVENCE
10 Bis rue de la Rotonde, Arles
SIn the historic center of Arles, this authentic 18th-century five-level house of 157 m2 total with beautiful architecture offers generous sized rooms and numerous possibilities with its courtyard and four bedrooms, a cellar of 34 m2 (perfect for a movie theater or music room) and an exceptionally large terrace of almost 27 m2 for incredible views over the rooftops of Arles.
To peruse all of our current properties for sale, visit AdrianLeeds.com. And if you have a property you wish to sell to our North American/Anglophone market, do not hesitate to contact us at Contact@AdrianLeeds.com.
Bonjour French Property Insider Subscriber,
True or False?:
This is your vacation and an excellent time for you to be thinking about purchasing or renting a property in France.
True. But it's only a good time to be 'THINKING' about it, not actually DOING it!
France doesn't have the same seasonal real estate market as the U.S. because it has less to do with market fluctuations as vacation schedules!
When the French are on summer vacation from Bastille Day through to "La Rentrée," you can count on very limited inventory, scarcity of owners/sellers/landlords and limited resources (agents, agencies, Notaires, etc.)
When Christmas rolls around, families are more concerned with baking their hams and wrapping their gifts than selling or renting their real estate.
When the kids are out of school for "les vacances scolaires," parents are packing their skis or their Easter bonnets instead of thinking about their real estate endeavors.
During the month of May, when there are five legal holidays (May 1 Labor Day, May 8 Victory in Europe Day, May 14 Ascension, May 24 Pentecost Sunday and May 25 Pentecost Monday) and the French "faire le pont" (bridge the days to create a long holiday weekend), you can bet no one's around to show their property.
Most newcomers like starting a new lease in September, when the kids go back to school and when life in France effectively begins after the holiday season. Finding a property to rent for this period means starting way in advance to avoid the July 14 through August vacation period. If you haven't secured your rental property by the end of June, you may be out of luck.
In the case of seeking property in and around the Nice area, landlords prefer to command high seasonal rents in August and September, making it doubly difficult.
You can add to this list 'nights' and 'weekends.' Contrary to when real estate is booming in the U.S. after work hours, agents in France want the same work hours as the rest of the country and therefore you can't expect them to show properties nights and weekends. The owners/sellers/landlords aren't keen to give up their nights or weekends, either. So, if you think you can hop into Paris over a weekend and see properties, think again.
There are no 'lock boxes' in France that give visitation rights to properties to whomever, whenever, so you can't land, decide to see properties, and be whisked off to visit one property after another. Each visit requires an appointment made with the owner/seller/landlord/agent and this takes time.
It all takes time. Everything in France takes more time than you might be used to, including the entire process of searching, finding, purchasing, renting, renovating, etc., etc., so take a deep, deep breath and enjoy the slow pace instead of fighting it!
Le Magenta is a spacious three-bedroom apartment newly renovated and decorated by our own Martine di Mattéo, perfect for those who need to get a little work done or who just like the feel of a little elbow-room while vacationing in space-starved Paris. Conveniently located a short Métro ride from both Gare du Nord and Gare de l’Est, the apartment is on the third floor of a good building on a quiet street.
FREE one-hour consultation! Guests of Parler Paris Apartments or Parler Nice Apartments who are considering the purchase of their own "pied-à-terre" for pleasure and profit, can take advantage of a free one-hour consultation while enjoying the apartment in the City of Light or on the Riviera. Simply complete the request form to book your consultation.
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