The Planning of Paris In and Around
Photo by Erica Simone
(FOR SUBSCRIBERS ONLY)
March 22, 2007
Bonjour French Property Insider Subscriber,
There’s a lot of good news in store for you in today’s issue. Property prices on the Ile de France are up and we’re offering a very special property in a suburb of Paris, Issy-les-Moulineaux…15 minutes from the center of Paris by Métro, but a lot less expensive and a whole lot of charm.
Moneycorp currency brokers tall us that housing demands will remain strong while the City Hall of Paris opens up its city planning doors for all to enter. Read Parts I and II of "Aménager Paris" — Hôtel de Ville’s plans and projects to keep Paris healthy and strong. This will affect you as buyers in the City of Light…another reason why owning property here is such a good investment.
Tonight we are welcoming a healthy group of you subscribers to our first Group Consultation about "The 7 Steps to Your Own Pied-à-Terre" — which we report on next week. For those of you who missed the Conference Call or Group Consultation, don’t despair — plan on attending our next Living and Investing in France Conference this coming July 7 and 8 in San Francisco! More information about that will shortly unfold.
Tomorrow I’m off to a weekend in Barcelona, one of the many advantages of living in central Europe — low cost airlines and trains, easy access to so many different cultures with short travel times. I’ll bring you a glimpse of Gaudi architecture in next week’s issue.
Until then, enjoy the property news from Paris and its suburbs.
Editor, French Property Insider
Email: [email protected]
P.S. Last minute offerings: Stay in a Parler Paris Apartment this spring. Ask about last minute booking specials. Visit http://www.adrianleeds.com/parlerparis/apartments or Email [email protected]/parlerparis
Volume V, Issue 11, March 22, 2007
In this issue:
* Ile de France Property Becoming More Popular
* Trends in Paris Housing Demand
* First in a Series on Paris Planning
* City Development in the City of Light
* Salon National de l’Immobilier On Now!
* "Seven Steps to Your Own Pied-à-Terre"
* FPI Property Consultation, Search and Relocation Solutions
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: April 10, 2007
* Hot Property Picks: Best Banlieue Buys
* On the Auction Block: April 3, 2007
* Leasebacks: Residence la Palmyre, France, Atlantic Coast, Les Mathes
* Managing Your FPI Subscription
* Classified Advertising: Parler Paris Apartments
Property Prices on the Ile de France
By Adrian Leeds
The inflamation of property prices in Paris has sparked the market in the outlying areas on the Ile de France. Parisians are selling out their small spaces at high prices and moving to the suburbs where an apartment or home can be purchased for about half the cost of Paris and appreciation is still high. The average per square meter apartment in the "banlieue" is now 2,840€ compared to 5,675€ in Paris, with appreciation for the past 12 months (3rd quarter 2005 to 3rd quarter 2006) up 11%. Some areas have appreciated as much as more than 30% over the course of 12 months.
|Department||Houses €||Evolution||Apartments €/m2||Evolution|
lines (78) t>
Voici Issy…Living Like a King on a Pauper’s Salary
Just a 15-minute Métro ride takes you to the center of Paris from Issy-les-Moulineaux, a safe village-like small town with an open air market two days a week, a morning market three days a week, shops, cafés and restaurants just downstairs for this spacious 47 square meter one-bedroom apartment. On the 4th floor (with elevator) in a Haussmannian building, the apartment is charming, full of light, with hard-wood flooring, working fireplace, double living room, equipped kitchen, bathroom, toilet, plenty of closet space and windows plus a door/window leading to a balcony. An absolutely delightful spot for someone looking for a more relaxed lifestyle, with more space at less expense.
Asking Price 270,000€ + 2.5% Finder’s Fee
For more information or to visit the apartment, contact Mme. Fitère at [email protected] or 06.65.56.80.81
Housing Demand Forecast to Remain Strong
By Doug Johnson, Moneycorp
A major study into the future demand for housing in France has concluded that demand will remain strong in the coming years, with the need for around 500,000 new homes a year up to 2020. The study was carried out for the French mortgage specialist Crédit Foncier by the University of Paris-Dauphine. The research team base their forecast on four main structural trends taking place in the country – an aging population, the breakdown of the family, growing professional mobility and levels of migration.
In 2005 there were nearly 13 million people in France over the age of 65 years, a figure that will grow by 10 million to 2050, when seniors will comprise one third of the population. This growth will not only reduce the number of homes coming on to the market, but will also increase the demand for second homes by this group. In effect, the order of the day is "mobility and security." with retired persons buying two or more homes, which offers them one home for winter and one for summer, or one to meet their current needs and one that will be suitable for them as they age.
Future of the Family
The report points a bleak picture on the future of the family, with divorce rates continuing at around 40%, an increase in those wishing to live alone, and many young adults seeking to move out of the family home as quickly as possible to share with friends. The authors consider the trend towards the breakdown of the family to be "irresistible" and that it will continue to push the demand for more homes.
so driving the demand for second homes, with an increasing number of professionals leading a nomadic lifestyle, working away from home during the week and returning home on the weekend. Somewhat perversely, therefore, the growing instability of employment, with many jobs now on fixed terms and based around "projects" and "missions" is resulting in increased pressure on the housing market.
Finally, the study also considers that France will continue to remain a popular country for those arriving from the new European countries, and to North European and US investors. The authors argue that there is likely to be an increase in the number of younger families relocating from within the EU, who will continue to maintain employment in their home country and work at distance, or commute between their place of work and their home in France. In the past, France has barely managed to construct half the number of homes each year that the study considers is needed if pressure on the housing market is to be controlled. There has been a “small” spurt in construction in the last couple of years.
Whilst the buy-to-let market in the UK is now saturated, across the channel, better returns and capital gains are still providing good investment opportunities!
THE DETAILED REPORT IN FRENCH CAN BE FOUND ON
Editor’s Note: For more information and to create your currency transfer account, visit http://adrianleeds.com/frenchproperty/loan/moneycorpconvertor.html
Under the Direction of Eric Lapierre
Préface by Bertrand Delanoë, Mayor of Paris
Part I, First in an 8-Part Series Published by the Paris City Hall
There are a number of essential challenges facing Paris. We must construct a vision of our city’s future, seek to respond to citizens’ sometimes contradictory aspirations, find a balance between the preservation of an exceptional heritage and the indispensable changes that constitute the driving force of an active and living city. In 2001 the team governing our city decided to resume development and construction in several districts in order to improve the living environment, build housing, help create jobs, enhance the city’s prestige, reduce disparities between different areas and pockets of substandard dwellings, and offer every individual a more stimulating environment better suited to the variety of the inhabitants’ aspirations.
When you look through this book you will discover 35 development projects illustrating this approach. They cover nearly 10% of the city’s territory and two-thirds of these projects are related to schemes launched since 2001. This dynamic process is part of the revision of the Paris local urban development plan (Plan Local d’Urbanisme de Paris) that will determine the face of our city over the coming 20 years. Our ambition is clear: develop the city, repair its wounds or dysfunctions, give back a soul to certain neglected neighborhoods, respond to the objectives of sustainable development, renew artistic creation, and enhance different aspects of the city’s heritage. The many architects, city planners and designers whom we have called upon reflect our desire to innovate, an ambition that must apply to all projects.
These projects create housing, public facilities, stores, but also green spaces. They are part of a diversified vision of the urban landscape and show a determination to take into account the identity of each neighborhood, in the heart of Paris and the outlying districts, in the Paris of Baron Haussmann and the city’s periphery. We are determined to make sure that these operations provide concrete answers to the needs of Parisians and at the same time intensify the pleasure offered by the city, protect the environment, highlight the city’s beauty, and encourage innovation.
These many projects also illustrate deep changes in method.
This new method is exemplified in the role now given to consultations held with residents, local associations and other partners, working hand-in-hand with elected representatives, city services and architects, so that together rich and high-quality solutions can be found. It is also confirmed by the new attention given to the scale of the Paris conurbation. Thus, some of the operations underway are being carried out within the framework of open and constructive exchanges with neighboring towns. The local urban development plan and the candidacy for the Olympic Games and Paralympics of 2012 have enabled us to strengthen this dialogue. The revision of the Ile-de-France Master Plan and the preparation of the Paris Transportation Plan will give impetus to these processes, and help build a shared vision of the challenges and objectives for the heart of our conurbation.
I am thinking in particular of the inner suburban belt immediately bordering Paris, on either side of the ring road surrounding our city, which is emerging as a major contemporary urban development zone. Much creativity will be needed to limit the different types of pollution caused by infrastructures, improve links, protect green spaces, and reintegrate formerly neglected housing complexes back into the city.
I would like to offer my sincere thanks to all the people whose work and creativity have made it possible for such projects to emerge. And in carrying them out, we shall keep in mind the collective ambition to leave to future generations a city worthy of its History, a city open to the
and a city mindful of a quality of life that undeniably lies at the heart of urban civilization.
Bertrand Delanoë, Mayor of Paris
Editor’s Note: The 256-page four color book published by the Direction de l’Urbanisme de la Ville de Paris is available for purchase online for 28.00€ at
Under the Direction of Eric Lapierre
Forward by Jean-Pierre Caffet
Deputy Mayor of Paris, responsible for town planning and architecture
Part II, Second in an 8-Part Series Published by the Paris City Hall Foreword
The book…marks an important stage in the measures taken to ensure the city’s urban development. Four years of intensive work carried out by a very large number of participants elected representatives, community associations, neighborhood councils, residents, experts and municipal departments were needed to achieve this result. I would like to thank them all for their active contribution and especially the Urban Development division of the Department of City Planning for its availability, efficiency and adaptive capacities.
This document and the accompanying exhibition throw new light on the far-reaching and concrete nature of the proposals made to organize the city’s main development sectors. They provide an opportunity to stand back from the subject and reexamine the relevance and reach of the accomplished work. Five ideas particularly stand out.
Although Paris has naturally undergone major transformations over the decades, it is a fact that, during the 1990s, this effort to renew the urban fabric gradually slowed to a virtual halt. The reasons for this are well-known. Because of their contents, the lack of consultation and their exceptional treatment with regards to the land use plan (POS), the urban renewal zones (ZAC) had been severely criticized. This gradually led the decision-makers of the time to introduce a virtual moratorium on these types of operations. To allow Paris to live and adapt to today’s world, it was naturally essential to change this trend.
What you can see here translates to an in-depth revival of Paris’s development policy. This revival is important as it concerns almost 10% of the municipal territory. It also required a far-reaching land-use policy that fully harnessed the means available to the city authorities. To avoid earlier errors, it was also necessary to review the very nature of these operations and the framework within which they were taking place. This was one of the reasons that led the new municipality to simultaneously revise the local urban development plan (PLU), having first discussed it with the residents, to ensure that it fully expressed our development objectives for Paris. Thanks to the recently completed public enquiry that took place prior to its approval, the contents of this revision are now widely known. The PLU was subsequently used as the main foundation on which to build the sustainable planning and development project. Setting the regulatory framework applicable to the city’s 70,000 building plots within a single document and establishing the guidelines used to direct each new development operation provides a guarantee of transparency and ensures that the policy underlying our approach is fully coherent.
The way that consultations were carried out also had to be considerably revised to extend beyond the few formal obligations imposed by regulations. It was necessary to change from an imposed town planning strategy to a town planning strategy openly shared with the residents, without forgetting that it continued to be our responsibility, as elected representatives, to take the final decisions as to the contents of the proposed developments.
Opening discussions as far upstream as possible, incorporating a number of variants in discussions and multiplying exchanges with residents were the main means used both for the preparation of the PLU and for each development operation. Parisians were quick to give their opinions. A few facts and figures reveal the success of the approach. Over a nevertheless comparatively small area of 100 km², the very large number of questions asked during every ZAC enquiry, the 11,000 proposals drawn up by the neighborhood councils for the PLU, the 120,000 questionnaires completed on the same theme, the 1,200 amendments drawn up by the Conseil de Paris members, and the 10,000 new demands expressed during the public enquiry prior to its approval, all represent powerful figures that bear witness to the great amount of interest that the two million people living in Paris have in the future of their city.
Decompartmentalization and sustainable development
This new approach to the needs of Paris and to the relations with the people of Paris has resulted in a considerable change in the contents of operations which, until now, had been designed in a manner that was too frozen and repetitive, based as they were on a simple local activities-housing-amenities planning approach. Although these categories naturally remain, and they now form part of a wider palette of concerns.
This new approach led to the development of major urban renewal projects (GPRU) which associate solutions to the short-term social needs of the residents, accept employment as an important factor in the requalification of neighborhoods and include longer term urban redevelopment projects. The aim is to restore dignity to these neglected sites. Apart from taking local requirements into consideration, this framework also covered the needs to be met to ensure the functioning of the surrounding larger environment, being Paris itself. This included reinforcing employment in the northeast
It also covered the application of environmental and sustainable development projects, whether for landscaped areas, sorting centres or the very design of buildings.
From a certain point of view, it represents a new methodology for the design of projects that we fully intend to improve and develop which extends high environmental quality concepts, until now only used in the design of buildings, to include development operations.
Managing this decompartmentalization of approaches, both in terms of program objectives and scales, was and remains complex. However, I feel that it is this very complexity that ensures the relevance and “depth” of our development operations and ensures that they will become gradually and completely absorbed into the city.
Alongside this renewal of methods, there is also our vision of Paris. Concerning this aspect, the contribution made by Éric Lapierre is particularly enlightening. With an excessively unifying homogeneity as a starting point, we wanted to develop a town planning approach able to take the diversity and distinctiveness of the city’s fabric and landscapes into consideration. Consequently, the PLU guidelines are able to translate different development operations no matter whether they are in inner city, the inner suburbs or on the suburban belt, and no matter what their size: large scale projects or much smaller operations that reflect the immediate surroundings of a district.
The diversity of built forms and the ways in which spaces are handled contribute to the diversity of the programs. When taken together, we hope that they will be able to preserve the coexistence that exists between the various districts whose particular and colorful charm makes Paris what it is. In the next stage, when design is transformed into a built reality, we must also assert our desire to see architectural creativity reveal itself in the various programs. It is here on these sites which are less restrained by the historic built fabric, that architectural ideas can be given an opportunity to fully express themselves.
In addition to this first insight, there is also a fresh approach being taken to the place held by Paris in its region. Over the last four years, the municipality has worked towards ending Paris’s isolation and giving it a new role as the heart of a greater Paris.
Since 2001, contacts and joint action decisions have continued to increase with adjoining municipalities. The Pavillon de l’Arsenal has hosted several exhibitions and debates on this subject. The text of the PLU incorporated this issue, and the preparation of the future Ile-de-France region master plan (SDRIF) will allow us to define the outlines of what the future holds for greater Paris.
We are now seeing the first fruits of these works. The very recent candidature for hosting the 2012 Olympic Games provided an excellent opportunity for discussions and the development of shared urban projects that broke through traditional administrative boundaries, giving expression to this new way of appreciating Paris. It transformed the very understanding of the territory forming the heart of the region by taking a completely new approach to route layouts, civic spaces, programs and density, especially in the Plaine Saint-Denis area. It was as if, by a single stroke, space was given new meaning, as if the doors had opened on a new way of visualizing the distribution of housing, employment and amenities. While, unfortunately, Paris was not chosen to hold the Olympic Games, the spirit underlying the project stands a great chance of survival. I feel that this is one of the great challenges facing the future SDRIF.
The success of this master plan can also be judged by the location of the projects that it presents. The area immediately around Paris will increasingly be the setting for the city to express its dynamic development, where the capital’s power and image will undergo the greatest transformation. This will be expressed through the GPRU, Paris Rive Gauche, Paris Nord-Est and Batignolles sites and echoed by equally important works in neighboring municipalities.
Changing outlook means at long last becoming aware of what was previously called the “inner suburban belt,” a vast and forgotten area lying just outside historic Paris that has since become, along with the neighboring municipalities, a vital, perfectly readable and identifiable part of greater Paris. It is an area now playing a role in the city’s development as important as that played in the past by the river Seine and its banks during the growth of central Paris.
It is now up to us to prepare the new urban conditions for this lifeline serving the city and its region.
Salon National de l’Immobilier
Paris – Palais des Congrès – Porte Maillot
March 22 – 25, 2007
10 a.m. to 7 p.m., till 9 p.m. Friday, March 23rd
Métro Porte Maillot
Parking: Porte Maillot – Hôtel Méridien – Avenue des Ternes – Avenue Foch
Entry 5 euros
Learn the "Seven Steps to Your Own Pied-à-Terre"
A Special Offer from FPI
March 22, 2007
Next week look for our special report on tonight’s Group Consultation…"The Seven Steps to Your Own Pied-à-Terre" by Adrian Leeds and her French Property Consultation Team.
Property Consultation, Search and Relocation Solutions
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.
FPI Offers More Relocation Solutions!
Moving to Paris? Our experienced relocation expert will make your move easy and hassle-free. We offer complete property and relocation services normally only provided by employer hired relocation firms…but at a price much more affordable for individuals.
Download Complete Brochure
TODAY’S CURRENCY UPDATE
Visit the FPI Web site and click on the link on the left panel or click here for Currency Convertor by Moneycorp Global Money Services: http://www.adrianleeds.com/frenchproperty/insider/moneycorpconvertor.html
for up to the minute conversions of all major currencies.
Compare currency values easily and quickly by visiting:
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.
Parler Paris Après-Midi
NEXT MEETING: April 10, 2007 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
HOT PROPERTY PICKS: Best Banlieue Buys
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/consultation
***Seine-et-Marne (77), Moret sur Long, House, 6 rooms, approx. 100m²
Small farm on 2697m² of land includes living room, kitchen, 4 bedrooms, attic and cellar.
Asking Price: 300,000 € + 2.5% Finder’s Fee
***Yvelines (78), Villa, 4 rooms, approx. 90m²
Near the RER, 5 minutes to Gare de St. Quentin and 30 minutes to La Défense. With large living room with fireplace and access to garden, open kitchen, 3 bedrooms including a master bedroom with ensuite, shower room, toilet and garage.
Asking Price: 355,000 € + 2.5% Finder’s Fee
***Essonne (91), House, 5 rooms
House on 280m² of land with fully equipped kitchen, living room, 3 bedrooms, office, bathrooms, toilet, laundry and garage.
Asking Price: 290,000 € + 2.5% Finder’s Fee
***Hauts-de-Seine (92), Antony, House, 7 rooms, approx. 138m²
This lovely house includes a large living room with fireplace that opens on to the terrace, fully equipped kitchen, 5 bedrooms on a forested lot.
Asking Price: 550,000 € + 2.5% Finder’s Fee
***Seine-Saint-Denis (93), Noisy le Sec, House, 6 rooms, approx. 90m²
In the center of town, two minutes to the RER E, this village house with a courtyard on three levels is comprised of 4 bedroom, living room, kitchen, bathrooms and garage.
Asking Price: 291,000 € + 2.5% Finder’s Fee
***Val-de-Marne (94), Ivry Sur Seine, House, 4 rooms, approx. 90m²
A few steps from the métro, this charming old house was completely renovated. With large living room, fully equipped kitchen, 2 bedrooms, 2 toilets, bathroom, terrace, garage/workshop.
Asking Price: 395,550 € + 2.5% Finder’s Fee
***Val-d’Oise (95), La Chapelle en Vexin, House, 6 rooms, 140m²
Pleasant house in a quiet area features living room with fireplace, 5 bedrooms, garage, terrace and beautiful garden of 1700m².
Asking Price: 299,000 € + 2.5% Finder’s Fee
Next session: April 3, 2007 at 1:30 p.m.
Notaires de Paris
Place du Châtelet
12 avenue Victoria
Additional information on Les Ventes aux Enchères des Notaires can be found on the Web site 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:
|STUDIO 27,20 m²
17 rue de la Huchette
75005 PARIS 5th
Opening Bid: 163,200 €
Deposit: 32,640 €
|5 rooms 158,40 m²
6 rue de Seine
75006 PARIS 6th
Opening Bid: 1,432,000 €
Deposit: 286,400 €
|4 rooms 73,30 m² duplex
66 rue Ampère
75017 PARIS 17th
Opening Bid: 320,000 €
Deposit: 64,000 €
|4 rooms 117 m²
17 avenue du Maréchal Lyautey
75016 PARIS 16th
Opening Bid: 631,800 €
Deposit: 126,360 €
|3 rooms 89 m²
25 avenue du maréchal Lyautey
75016 PARIS 16th
Opening Bid: 424,000 €
Deposit: 84,800 €
66,15 m² + terrace
2 square de Padirac
75016 PARIS 16th
Opening Bid: 542,160 €
Deposit: 108,432 €
|2 rooms 36,60 m²
1 rue du Pont Louis Philippe
75004 PARIS 4th
Opening Bid: 219,600 €
Deposit: 43,920 €
|STUDIO 15,4 m²
21 avenue Foch
75016 PARIS 16th
Opening Bid: 70,000 €
Deposit: 14,000 €
|6 rooms 195,6 m²
28 rue de Ponthieu
75008 PARIS 8th
Opening Bid: 900,000 €
Deposit: 180,000 €
|2 rooms 46,4 m²
8/10 rue de la Bûcherie
75005 PARIS 5th
Opening Bid: 290,000 €
Deposit: 58,000 €
LEASEBACK NEWS FROM IMOINVEST
RESIDENCE LA PALMYRE
France, Atlantic Coast, Les Mathes
Two Bedrooms 24m² to 43m² €112,000 to €197,000
Three Bedrooms 54m² to 54m² €238,000 to €238,000
Guaranteed Buy to Let – Leaseback
GUARANTEED RENTAL INCOME UP TO: 4.66%
SETTING SAIL FOR THE DYNAMIC ATLANTIC
The Arvert Peninsula on the Atlantic Coast lies opposite the Gironde estuary where it unfurls its fine sandy beaches towards the ocean and the Island of Oleron. All the charm of this beautiful coastline comes together here between La Rochelle and Bordeaux. In this protected environment discover over 30km of beautiful beaches bordering 8000 hectares of maritime pine and green oak forest. The marriage of land and sea has resulted in the creation of exceptional sites. From the La Palmyre jetty, the Bonne Anse Bay is laid out before your eyes, bordered on one side by the rugged ‘wild coast’, with the majestic Cordouan lighthouse out at sea.
Residence La Palmyre offers an exceptional layout and optimum quality facilities that create an environment of complete comfort and convenience. The houses and terraces have been tastefully designed to create a relaxing atmosphere surrounded by green vegetation. The bedrooms have been designed by creative and carefully chosen interior decorators; kitchenettes are modern and fully equipped and spacious living rooms boast flat-screen televisions. The equipment and services available on the site provide a wide range of activities including a restaurant, bar, library, TV room, tourism area and games room. Particular interest has been placed on leisure and sports activities with tennis courts, volleyball, basketball, a children’s play area and swimming pools!
• Guaranteed rental income up to 4.66%
• Guaranteed for a minimum of 11 years and 6 months
• Excellent location and very fair pricing for this region
• 30km of fine sandy beaches and breathtaking pine forests
• Fully serviced residence with full VAT refund
• Excellent financing solutions available
We have carefully selected this investment opportunity as it provides our clients with the security of knowing that their investment is backed by a leading player in the field of accommodation and leisure. By investing in this property, investors will be able to recover VAT paid on the investment at the time of the purchase and will receive a guaranteed rental income for the life of the commercial lease, a minimum of 12 years!
Everything confirms that property investment is the best way of capitalizing on financial assets. Faced with the fluctuations of the other markets, property is clearly a sound investment. Given the developments in the legal context, rental investments are among the safest and most profitable. A high-quality location is a decisive element in terms of guaranteeing effective capital gains. Seaside areas have developed spectacularly, the Atlantic Coast is particularly attractive, Biarritz, Bordeaux and Nantes have seen prices per m² increase respectively by +13.8%, +15.7%, +18.6% in only one year.
="125" border="0" align="left">SEEKING A MORTGAGE IN FRANCE?
When you make a purchase as important as a piece of real estate in a foreign country, you want to know that you can trust the people you are dealing with. Adrian Leeds has developed a network of professionals that meet only the highest of standards. With the expertise and experience of Adrian and her team, you can depend on getting the best advice and support to feel completely confident that you are making an informed investment decision.
Let us help you secure a mortgage in France at a competitive interest rate. Visit http://www.adrianleeds.com/frenchproperty/loan for more information or contact [email protected]
Managing Your French Property Insider Subscription is Easy!
We receive many emails from French Property Insider Subscribers who want to change their email address, or update personal information. But did you know that you can make these changes yourself?
2. Click on "Manage Subscription." You’ll find it under the "Subscribers Only" section in the sidebar.
3. Enter your username and password.
4. On the Welcome Page, go to "Manage Your Account" and click on "Change Password/Edit Profile"
5. Once you’ve made the changes, scroll down to the bottom of the page and click on "Save Profile."
Of course, we’re always happy to help, so if you do need assistance, send an email to [email protected]
Insider Paris Guides started almost 10 years ago with the idea of creating an online electronic regularly updated listing of my favorite good-value restaurants. I wrote it one summer, listed 50 Paris restaurants and we called it the Leeds Good Value Guide to Paris Restaurants. It sold from the moment it hit cyberspace and over the years, guides were added to the roster. Today there are four guides:
Good Value Restaurants
You don’t need to be rich to dine well in Paris – you just need to know where to go. Enjoy fabulous three-course meals with wine for just $20 to $30, including tax and tip. Explore more than 200 hand-picked great-value restaurants.
Living in France
France may seem familiar, but nearly everything … from paying taxes to having a baby … is done quite differently. Get the practical answers to nearly 300 questions about making a life in France.
Are you, like so many great writers past and present, drawn to and intoxicated by the City of Light? Discover the ins-and-outs of literary Paris whether you are a novelist, journalist, poet or just a dreamer.
This is the first guide of its kind, devoted to understanding and exploring the rich Black culture and vibrant Black community in Paris. Make the most of Paris’s multicultural sites, sounds and tastes.
Bastille Media took over the publishing responsibilities of the Insider Paris Guides this month and yes(!), we will continue to offer a discount to FPI subscribers.
The discount will be 10% off any guide and up to 25% off the entire
purchase (if two or more guides are purchased at the same time). But
the way you as a subscriber to FPI will take advantage of the discount has changed a bit. Here’s how it works:
1. Click on special Web link we give you just for FPI subscribers.
2. Then order one or more guide(s) and use the promotion code "ED762." This promotion code gives you 10% off your total
3. If you order two or more guides, then an additional 15% will be taken off automatically. There is no promotion code needed.
Here is the special "coupon" Web link just for you: http://www.insiderparisguides.com/offer/fpi_offer.htm
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
To receive your free French Leaseback Report or the Paris Property
Report, click on
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/
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 and me, Adrian Leeds.
Parler Paris Apartments offers high quality accommodations to make your stay in the City of Light as enjoyable and memorable as possible. We at Parler Paris know each and every apartment owner or manager personally, and stand behind the quality of those we represent. We understand your needs and desires, all the small details that make a rental apartment a warm and welcoming home – and a much better alternative to an impersonal hotel!
Parler Paris Apartments is administered and serviced by the same great team as Parler Paris, French Property Insider and French Property Consultation. You can trust that Parler Paris Apartments and all those with whom it is associated will do their best for your 100% guaranteed satisfaction.
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
Copyright 2010, Adrian Leeds®
Adrian Leeds Group, LLC, http://www.adrianleeds.com