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A Free Twice-Weekly Nouvellettre®
Written by Adrian Leeds® and Published by the Adrian Leeds Group®


Wednesday, April 18, 2018 • Paris, France

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ADRIAN LEEDS GROUP APARTMENTS - LONG-TERM RENTAL

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, Paris Sharing and me, Adrian Leeds.

Adrian Leeds Group Apartments - La Fille du Calvaire
La Fille du Calvaire

This luminous and spacious apartment is a perfect answer to your long-term stay in Paris (3 months or more). Located in a much sought-after part of Le Marais, you will appreciate the calm and quiet of its building. The focal point of the apartment is its “double séjour” – an extra large living room and dining room combination, which can be divided from the rest of the apartment with sliding, custom etched, glass panel doors. Stay in this gorgeous apartment -- book today! Visit Adrian Leeds Group Apartments to view our full selection or email: [email protected] for more information.  


Dear Parler Paris Reader,

Adrian with Oliver GeeAdrian with Oliver Gee

Tonight, I'll be on the opposite side of Oliver Gee's questions about "Why Paris?" It's the first live-and-in-person podcast I've ever done, and it's a product of Oliver's brainchild, The Earful Tower.

"Why Paris" is a BIG topic. So, Oliver and I will try to focus, on not only why people want to visit Paris, live in Paris, or dream about Paris, etc., etc., but why Paris is a good place in which to invest...that is, buy property.

He suggested:

 
Q: "Let’s start easy: Why all the fuss about Paris?"

That's a good question. Have you answered this for yourself? Everyone I know who has moved to Paris from North America or elsewhere outside of France asks themselves this very question. I ask it of myself just about every day, but not just why Paris had such an attraction for me (from the moment I set foot in the City of Light), but why I stay after all these years! And if I were to leave, where would I go? What other city on the planet can replace Paris?

I know my own answers. I have a long list that starts with the sheer beauty of the city. But, do you know yours? I'm sure we'll be touching on why Paris is so special to me, but also to all Parisians, as it seems to be held as dearly in the hearts of Parisians as New York is for New Yorkers.

The bottom line for me is that while I have looked far and wide, I still have never found another city in the world I'd trade for Paris. Period.

Eiffel Tower - Paris, France

Q: "Is it a good place to invest in?"

You already know the answer to that!: YES.

I made my first investment 18 years ago when I purchased the rental apartment in which we were living. The property is now worth five times what I paid for it in 2000, so, as a result of this, I've had the good fortune of purchasing four additional properties by taking "equity release" loans...or what you might call "lines of credit" to add to the portfolio. It was like playing a game of monopoly with real banks, real money and real properties! And it's called "leveraging.

"Q: "Why is Paris a good investment?"

Besides the fact that Paris is one of the most visited cities in the world, or that Paris is one of the most beautiful and historic cities in the world, and a whole host of other reasons, Paris is FINITE. The city officials, as well as its residents, don't want Paris to grow up or grow out. The "périphérique" defines the borders. The height restrictions define the skyline. That means that there's little room for it to expand and therefore property organically becomes more valuable since it can't grow with the population or the demand.

(Photo by Patty Sadauskas)(Photo by Patty Sadauskas)

Q: "What are the risks?"

There are none. Not really. The French cross their T's and dot their I's plus there is a lot of consumer protection built in to a very complex and administrative system. Mistakes made are more often your own than anyone else's. If you don't hire professionals to assist you, then you've just made your first and biggest mistake.

Q: "Let’s talk areas: Good areas? Areas to avoid? Up and coming? Where would YOU buy?"

I suppose the question relates to the 20 districts of Paris, those within the périphérique...so let's just limit Oliver's question to Paris. The answer is NONE. There are none to avoid, not really. But central Paris, particularly the more historic parts, are clearly less risk and will hold their demand and therefore their values well, whereas other districts may fluctuate in popularity.

Where I would buy is not the same as where someone else would buy for different reasons, so rule out nothing! "Tout est possible." Those who read Parler Paris know I love my little Haut Marais hamlet, but the truth is, everyone I know loves where they live, regardless of where it is in the city. Each neighborhood has its personality, its assets and liabilities, but once you become a part of the "quartier," you're sure to fall in love with it.

(Photo by Patty Sadauskas)(Photo by Patty Sadauskas)

Q: "What are the biggest mistake expats make?"

That's easy: not hiring professionals to help them make important and expensive decisions, as well as help them through the process, which is so inherently different than from where they come.

Come to the podcast to hear a much more in-depth version of these answers! If you want to attend, best to go register NOW! It's at 7 p.m. at Café Méricourt, 22 rue de la Folie Méricourt, 75011 Paris. 

Here's how you register

Or wait for the podcast to be announced on the Earful Tower! We'll let you know when you can hear it.

A la prochaine...

Adrian Leeds - Paris France (By Patty Sadauskas) http://www.parisonadime.com

Adrian Leeds
Adrian Leeds Group

(By Patty Sadauskas)

 

Respond to Adrian



The Adrian Leeds Group

 

P.S. In early May we will be taping another House Hunters International episode in the beautiful French city of Bordeaux! And we're looking for apartments or homes in which to film! If you have a one or two-bedroom property in the heart of Bordeaux and would like to see it immortalized in this popular TV show, please email me immediately!



Find Your Ideal Long-term Paris Rental Apartment

Adrian Leeds Group Apartments - Long-term Rental, Chez Antoine

Staying in the City of Light for several months or more? Let us find your perfect apartment!

Our rental professionals can assist you in finding a furnished or unfurnished apartment in Paris or the adjacent suburbs for stays of 3 months to 3 years, based or your specific preferences, budgets and needs. We can also assist in the lease negotiations.

If you’ve found an apartment but want someone to view it on your behalf, we can do that too!

For details or to book our services, visit Long-term Apartment Search or email  [email protected].
 

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Copyright 2018 Adrian Leeds®
The Adrian Leeds Group®
Adrian Leeds® is a registered trademark in France. INPI: March 10, 2006, #063416238. Adrian Leeds Group® is a registered trademark in France. INPI: December 22, 2014, # 14/4144068. Anyone using these brand names or any kind of advertising without permission may be prosecuted. AdrianLeeds.com, AdrianLeedsGroup.com and AdrianLeedsEnterprises.com are reserved domains for exclusive use of Adrian Leeds® and Adrian Leeds Group®.