Les Balcons Saint-Paul

Investment per share: 159,700.00€ to 167,700.00€

Located at: 3 rue Malher, 75004 Paris

Paris’ Most Luxurious Two Bedroom / Two Bathroom Fractional Ownership Property with Owners’ Storage and Cellar. Ready for purchase with occupancy beginning January 2022!

THE APARTMENT

Special Note: The apartment is currently under complete renovation and furnishings. Some of what we project here may or may not be realized as we humbly require flexibility in making the final appointments. But, we can promise and assure you that the apartment will be renovated and decorated to the ultimate luxury and thoughtfulness at the hands of our illustrious Interior Architect and Designer, Martine di Mattéo.

As featured on House Hunters International in Two Episodes! “Starting Over in Paris”—Season 28, Episode 7 and “Planning a Future in Paris, France”—Season 56, Episode 12.

Les Balcons Saint-Paul has this name because of its wrap-around balcony facing both east and south on the 5th floor of a stately Marais building, overlooking La Place Saint-Paul and the majestic 17th-century church, Eglise Saint-Paul-Saint-Louis. This is a perfect spot from which you can take in the stunning views of Le Marais and the church as the balcony can be accessed from all the rooms in the apartment by one of the many floor-to-ceiling French doors—the reason the apartment is so very light and bright!

The view from the balcony of fractional property Les Balcons Saint-Paul

The apartment was featured in two House Hunters International episodes –– once prior to an extensive renovation by designer Martine di Mattéo completed in late 2012 –– the other not long after the renovation was complete. The complete makeover brought this home to a level of luxury that you can’t help but appreciate and is now in progress of another face-lift, making even more improvements in amenities, functionality, and elegance.

Starting Over In Paris and Planning a Future in Paris =HHI Episode Tv screenshot

I call the décor “Contemporary Hollywood,” with the accent on classic décor in white and black, gold and silver, with frequent splashes of color. This “shiny new penny” can hold its own with any luxury apartment or five-star hotel suite. It will be missing nothing. At the entry to the apartment is a black lacquered foyer table with lamp, which is just the beginning to a dramatic black and white diamond-tiled hallway.

Les Balcons Saint Paul entry

Les Balcons Saint Paul hall

On the right you will find both bedrooms –– the entrance to the primary bedroom is on the right, followed by the second, smaller bedroom, just opposite on the left.

The primary bedroom has a comfortable queen-size bed that can be made up as twins, between two night tables with lamps. There is ample space for your belongings in the dresser drawers and two double closets with hanging, shelf, and drawer space, appointed with full-length mirrors. The bedroom has direct access to the shower room as does the second bedroom.

The second bedroom, while small and perfect for one person, has a plush sofa bed that allows the room to serve double duty. During the day, it is a sitting room, but at night can be transformed into a room for another guest. This room also has direct access to the shower room, which like both bedrooms, has a floor-to-ceiling French door leading to the balcony.

Les Balcons Saint Paul bathroom

Les Balcons Saint Paul bathroom

Both bedrooms are air-conditioned for your continual comfort in the warmest of weather, should you choose not to open the windows.

The beautifully designed en-suite shower with sink located between the two bedrooms houses a large shower with glass door, sink, vanity, mirror, and heated towel rack.

On the left side of the main entrance hallway is a coat closet. A special space is being created to house a washer/dryer combination. Just beyond is a powder room with a toilet and a sink. Directly following and immediately across from the entrance to both bedrooms is a large main bathroom with an extra-long and extra-deep tub/shower, double sinks, storage, and a beautifully illuminated mirror. This bath, too, has a heated towel rack for all the creature comforts and a window to the courtyard for additional ventilation.

At the end of the hallway, visible from the black and white diamond entry are the kitchen, dining room, and living room with the most stunning views of l’Eglise Saint-Paul-Saint-Louis from all the French doors leading onto the expansive wrap-around balcony. This is the room you may never want to leave.

The sleek kitchen under complete renovation to fit the new décor will be fully equipped with a full-size refrigerator-freezer, dishwasher, full-size oven, four-burner ceramic stove, microwave, coffee maker, and plenty of cupboard space. Plates, glasses, cutlery, serving pieces, pots and pans, etc., are all provided and tucked away in the cabinetry. To the right of the kitchen will be a buffet server where all the linens for the table can be stored.

The fruits of your culinary labor can be served at the new contemporary marble dining table that can seat up to six people and is well located adjacent to the kitchen. Along with the table itself, the dining room chairs are “très design” as the French would say, as is the matching overhead designer chandelier. The dining room ensemble is the focal point as one enters the apartment, drawing you in and beyond.

To the right of the dining table is the living room with a creamy leather double sofabed facing a newly installed custom-designed entertainment center with a large flat-screen television. Over the sofabed is an etched mirror to reflect the beautiful views of Paris. A fanciful armchair and lamp will make this room even more of a pleasure in which to relax and while away your time.

The apartment will be equipped with high-speed WiFi Internet, TV with access to hundreds of channels (several in English), and a VOIP telephone with answering machine. Long-distance calls to landlines in over 100 countries will be free as will be calls to cell phones in the US and Canada.

3 rue Malher Paris, Saint-Paul outside of building

On the 6th floor, just one flight up from the apartment will be storage units for all owners, where a few possessions can be kept to enhance their stays and their experience. The apartment has a cellar in the basement in which more can be stored.

Of course, high-quality bedding and towels will be equipped for owners’ use in addition to the many other amenities Les Balcons Saint-Paul has to offer for a perfect stay in Paris and in Le Marais.

Breakfast in America

The location of the apartment is ideal. This is a Paris lover’s dream spot.

You will be literally steps away from the Métro Saint-Paul and numerous bus stops along rue Saint Antoine. Transportation in the immediate area includes Métro Saint-Paul (#1), Bastille to the east (#1, #5, #8), Hotel de Ville to the west (#1, #11). Buses are plentiful: #67, #69, #96

Across the street from the main entry of the building is the famous American Diner, Breakfast in America and at the corner is the Café La Favorite. There is no shortage of supermarkets, fresh produce vendors, gourmet shops, and cafés at your toes. Place de la Bastille is within a few minutes walk to the east and Place de l’Hôtel de Ville is just a short walk to the west. The River Seine is equally as close to the south. The 400 year-old Place de Vosges is virtually next door and just to the north is rue des Rosiers and the old Jewish Quarter plus shopping galore along rue des Francs Bourgeois. You may never want to leave this quartier and may never need to! It just doesn’t get better than this for everything you could possibly need or desire for your stay in Paris.

PRICE OF THE SHARES

My personal goal is to provide you with the best possible Fractional Ownership property on the Paris market—something you can love owning and using, that you will have for many years and then later easily resell or be proud to leave to your kids. You’ll find the price of the shares to be very reasonable—a lot less than others on the market, simply because we don’t have to overcharge to make ends meet. The estimated prices are:

  • Shares 1 through 4: € 159,700.00
  • Shares 5 through 9: € 163,700.00
  • Shares 10 through 13: € 167,700.00

The shares will be sold on a first-come/first-serve basis. When you make your request, you will receive a letter of commitment to sign and access to all supporting documentation:

  • All legal documents both French and U.S.
  • Homeowner Association by-laws.
  • Supporting documents regarding the property, such as building meeting notes from the past three years, and more.

To reserve your share, contact us at [email protected] to receive a letter of commitment and full disclosure of all documentation.

Usage Details

This is Paris’ smartest usage calendar; proven by the success it has had with other properties on market we developed. Occupancy for the 13 owners begins on Thursday and ends on Thursday, in two-week intervals, 26 weeks apart. Each year, the rotation moves forward by 10 weeks to allow for a full mix of seasons.

Owners may trade weeks with other owners as they like throughout the year and it’s easy to plan as the calendar is set for the next 13 years.

Owners who wish to have four weeks consecutive usage, may choose a share adjacent to another owner with the same request. By trading weeks between them, each can have four weeks consecutive usage.

Calendar may be altered by a unanimous owners’ vote.
You choose your share letter when you make your share purchase.

Annual Dues

The owners will share all of the annual costs of operating the property, which means spreading the costs thinly among them. They will all have a voice and share the responsibilities, making this virtually hassle-free.

The operational costs include:

  • Taxe d’Habitation
  • Taxe Foncière
  • Electricity
  • Building homeowner association charge
  • Telephone/TV/Internet, insurance
  • Housekeeping/concierge
  • Accounting, reserve fun
  • All U.S. and French tax filing
  • Annual dues are currently estimated at 1,700€ the first year and reduced the following years due to some first-time costs.
  • In addition, there will be a small reserve fund of 500€ for future repairs and replacement as well as a security deposit of 1,500€ held on account.

Property Amenities

Amenities Specific to Les Balcons Saint-Paul:

  • Digicode, intercom entry system
  • 5th floor, European (6th floor American), with elevator
  • Wrap around balcony
  • Bright, south and southeast facing windows overlooking Eglise Saint-Paul-Saint-Louis

Master bedroom:

  • Queen-size bed that can be made as twins
  • 2 double closets with hanging space and drawers and dresser
  • Bedside night tables
  • Air-conditioning

Second bedroom:

  • Sofabed
  • Hanging and storage space
  • Bookshelf
  • Air-conditioning

En-suite bathroom:

  • Accessible from both bedrooms
  • Large shower with glass door
  • Sink and vanity mirror
  • Heated towel rack
  • Medicine cabinet

Main bathroom:

  • Large, extra deep tub/shower
  • Double sinks
  • Makeup mirrors, vanity with 2 large drawers
  • Heated towel rack

Powder Room:

  • Toilet, mirror, and sink

Kitchen and Dining Room:

  • Round glass marble dining table that seats six with contemporary chairs
  • Granite countertop
  • Buffet server
  • Full oven
  • Microwave
  • Four-burner stove
  • Dishwasher
  • Full-size refrigerator with freezer
  • Toaster
  • Nespresso coffee machine
  • Complete array of kitchenware (all cooking utensils, dinner, and tableware, serving pieces)
  • Two windows

Living Room:

  • Cream colored leather double sofa bed
  • Arm chair
  • Flat -screen TV
  • Floor lamp

Other:

  • Combination washer/dryer
  • Hairdryers
  • Iron, and ironing board
  • Plenty of bed linens, hand, bath, and kitchen towels
  • Private telephone line with answering machine
  • Long distance telephone service to 100+ countries, including US and Canada
  • WiFi internet access
  • TV channels including BBC World, CNN International, and Aljazeera International
  • Non-smoking
  • No pets allowed

More Information

Have a look at the floor plan here.

To reserve your share, contact us at [email protected] to receive a letter of commitment and full disclosure of all documentation.

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