Banking On Low Interest Rates And High Appreciation
Volume II, Issue 48
I hope you all had as wonderful a Thanksgiving holiday as I did back in the good ol’ U.S. of A…where we have France to thank for doubling its size when in 1803 they sold us 828,000 square miles of the western half of the Mississippi River basin at the “petit prix” of less than three cents per acre — the greatest land bargain in U.S. history known as the “Louisiana Purchase.”
If you’re looking for property investments as lucrative as that one, it will be tough to find anywhere in the world, but France is still showing tremendous returns. I keep hearing on the street how analysts are predicting the real estate market to level off in France (although I can’t seem to locate any of those articles myself)…but we’ve seen no signs of it. Scroll down to read updated FPI Paris Property Report to learn how it has risen 72.4% since 1998, when real estate in Paris was at an all time low or click here to download a pdf format of the entire report: https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/subscribersonly/parisreport.pdf
(Don’t forget you’ll need your username and password to access the “Subscriber’s Only” area of the Web site.)
In the last two months, we’ve had several property search clients who have in each case, been contenders with other serious buyers on property just released on the market (within two weeks), having to pay very close to or the original asking price. This has become increasingly common, particularly on what we deem to be a good property worth the investment.
“En plus,” interest rates continue to be low and stable. Lenders base their rates on the “Euribor” (Euro Interbank Offered Rate), the rate at which euro interbank term deposits within the euro zone are offered by one prime bank to another prime bank. Scroll down for more information about the Euribor and how some of our clients are taking advantage of our lender’s interesting solution to hedge their bets the strengthening euro with our weakening dollar — the Interest-Only Mortgage.
A few new items of interest in French Property Insider… We will continue to publish Leaseback Property News each week — bringing to your attention the newest developments on the market and special promotions, information and news on current Leaseback developments. At any time, however, you can click on https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/sales/leasebacks/lb_list.php to find the latest listing of properties offered by one of the largest agencies specializing in these France-sanctioned hassle-free investment opportunities. Scroll down for this week’s Leaseback Property News.
Also, as of this issue, Parler Paris Property Picks is now a regular feature of French Property Insider. Scroll down to see…
And on a final note, you get to take advantage of of hotel accommodations for seminar participants and friends of French Property Insider not only at our successfully negotiated room rates of half what the four-star Les Jardins du Marais normally charges, but also because the rates are based on $1.25 to the euro. We can only guarantee these rates until December 10th, so register now before it’s too late! Scroll down for more information or visit the Web site at https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/liveinfrance/IIF_Paris/IIF_home.html
Editor, French Property Insider
Email: [email protected]
P.S. Scroll all the way down to the Classified Advertising for last minute bargain apartment rentals during the holiday season and for information on my own apartment made available in February while I’ll be at the Living and Investing in France Conference in New Orleans. Air fares to France are at their lowest this time of year. To be put on the mailing list to receive for more information about the conference, email Schuyler Hoffman at [email protected]/parlerparis
Volume II, Issue 48, December 2, 2004
In this issue:
* What Holds the Key to Europe’s Low Interest Rates
* Interest-Only Mortgages — the New Solution to the Rising Euro
* StoPub…an Committee Against Drinking or Distributing?
* Jean Taquet’s December Q’s and A’s: What’s Due You
* Book Your Consultation and Search Before 2005 Rate Increase
* A New Year’s Resolution: Invest in France
* An Update on Paris Property: Part I
* Currency Exchange Update
* Paris Property Picks: Montparnos
* Leaseback News: The Grand Prado
* Classified Advertising: Last Minute Apartment Rentals for the Holiday Shopper at Big Bargains
EURIBOR and EONIA
The money market reference rates for the euro.
Excerpted from http://www.euribor.org/
Since the 1st of January 1999, Europe has a new currency, the euro. To date, 12 countries of the European Union have adopted the euro.
A new financial market has emerged
following the introduction of the euro. This new financial market has its own benchmarks.
The benchmarks for the money and capital markets in the euro zone are Euribor and Eonia.
Euribor (Euro Interbank Offered Rate) is the rate at which euro interbank term deposits within the euro zone are offered by one prime bank to another prime bank.
Eonia (Euro OverNight Index Average) is an effective overnight rate computed as a weighted average of all overnight unsecured lending transactions in the interbank market, initiated within the euro area by the contributing panel banks.
These rates benefit from:
A large integrated market with a single currency.
An impressive panel of quoting banks of first class credit standing.
A solid Code of Conduct setting out strict rules for the panel banks.
An independent Steering Committee of market experts which oversees the application of the Code of Conduct and monitors market developments.
These conditions have enabled Euribor and Eonia to establish themselves as the benchmarks in the euro market.
European banks considered that the introduction, in 1999, of the single currency made it necessary to establish a new interbank reference rate within the Economic and Monetary Union: Euribor.
Euribor (Euro Interbank Offered Rate) is the benchmark rate of the large euro money market that has emerged since 1999. It is sponsored by the European Banking Federation (FBE), which represents the interests of 3,000 banks in the 15 Member States of the European Union and in Iceland, Norway and Switzerland and by the Financial Markets Association (ACI).
Euribor is the rate at which euro interbank term deposits are offered by one prime bank to another prime bank and is published at 11.00 a.m. CET for spot value (T+2).
Euribor was first published on December 30, 1998 for value 4 January 1999.
The choice of banks quoting for Euribor is based on market criteria. These banks are of first class credit standing. They have been selected to ensure that the diversity of the euro money market is adequately reflected, thereby making Euribor an efficient and representative benchmark.
A strict Code of Conduct sets out rules covering, amongst other things:
the criteria used to determine which banks may belong to the panel of banks.
the obligations of the Panel Banks.
the tasks and the composition of the Steering Committee, which is responsible for overseeing Euribor.
Moneyline Telerate (formerly Bridge Telerate) has been chosen as the screen service provider responsible for computing and publishing Euribor.
Since its launch, Euribor has become a reality on the derivatives markets and is the underlying rate of many derivatives transactions, both OTC and exchange-traded.
BANQUE PATRIMOINE ET IMMOBILIER: THE INTEREST-ONLY SESAME
Enjoy the flexibility of an innovative interest only mortgage with a difference. Sesame is a loan divided into 2 phases:
The interest only phase with quarterly repayments is over a period of 8 years maximum. You pay interest only calculated on the 3 month Euribor (Euro Interbank Offered Rate) plus the bank’s margin. During this phase, you can reimburse on capital at any repayment date by a minimum sum of 1.524 Euros with no redemption penalties. However you also have the flexibility of blocking the rate at any time during the phase and entering into a classical repayment and interest schedule.
The amortization phase: at the end of the interest only phase, either after 8 years or before should you wish , the loan switches to an interest + capital repayment schedule on the remaining capital due for a maximum term of 12 years.
For more information about the Sesame and other mortgages offered by BPI:
Stéphane Denner, Banque Patrimoine et Immobilier
ExPatriate & Non Resident Service
To determine what your mortgage could be with France’s low interest rates, take advantage of the BPI Mortgage Calculator online at: https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/MortgageCalculator.xlt
The French Crack-Down on Junk Mail
By Adrian Leeds
When I went through my unopened mail last night I found a curious thing…two stickers to attach to my mail box that say “StoPub” — designed to reduce unwanted, unsolicited mail! The city claims that more than 20,000 tons of printed publicity end up in the “poubelle” (garbage) that cost more than 200 euros per ton to destroy. This is their way to help reduce this form of pollution in Paris and 89 other communities in France. Now, if they could only find a way to reduce spam — email pollution that is making us all fear our inboxes…I sadly download over 1000 spam messages every day with no end in sight!
Jean Taquet’s Practical Answers: Getting What’s Due You
December 1, 2004
Legal advisor, Jean Taquet, addresses two legal questions in this month’s holiday issue of his monthly Q and A (no issue in January) — Read Jean’s column in its entirety by visiting https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/practicalanswers.html and to read ten years worth of Jean’s valuable advice, you may want to get a copy of “The Insider Guide to Practical Answers for Living in France,” a compilation of his monthly columns over ten years — more than 300 questions and answers that are real-life stories from individuals who have lived here before, who have confronted practical situations that will inevitably resemble those you might face when living abroad. Their situations can give you a wealth of experiential informatio
n on which you can build a life in France.
Special Announcement to All Readers
Parler Paris and French Property Insider announces new Property Consultation and Search Services rates effective January 1, 2005.
All bookings confirmed prior to January 1, 2005 for delivery anytime during 2005 will be booked at the current 2004 rates.
PROPERTY CONSULTATION SERVICES
Many people don’t have the time nor the resources to look for their own little piece of France, especially if they’re located in the States or other foreign country. Our office offers you assistance to do the things you can’t do unless you are here. We have a specific service to help you find your property. Using our personally selected professional locators and real estate agents, we work with you to find the property that is worth coming to France to look at. Or if you are already here, all the better. After getting a basic idea of what you are looking for, we will spend the next month searching for just that. We’re equipped to assist you with every aspect of buying an apartment from locating an apartment, to setting up your contract-signing, getting a mortgage, helping you set up utilities or do a renovation and then rent the property on a short or long term basis.
* Finding Property
Step One: Initial Consultation
First, we will schedule an initial consultation which normally lasts two hours. This consultation can take place in person (in Paris), by phone or email, but must be in advance of the property search. It will help us determine exactly what your criteria and goals are to narrow down the search.
If you go no further in your quest, your charge for this consultation is $95 per hour with a two-hour minimum = $190. If you choose to continue with a property search, we will apply the consultation fee against the search fee.
Rates effective January 1, 2005: $125 per hour with a two-hour minimum = $250
Step Two: Finding Property
Our property experts will be searching out the best properties for you to visit during your stay to make your time here as efficient as possible. Appointments will be set up for your visits in advance to a minimum of three properties..
We will accompany you on most of your visits to the properties we have recommended. There are many complicated aspects to property in France — our expert advice when evaluating property could save you thousands of dollars and hundreds of wasted hours for mistakes easily made.
A property search requires $750, payable in advance and includes a two-hour consultation as described above.
Rates effective January 1, 2005: $1000, payable in advance and includes a two-hour consultation as described above.
Step Three: Finder’s Fee
Should you purchase a property we have recommended, we ask that you agree to the following finders fees:
Finders Fee: 2% of the total purchase price of the property exclusive of Notaire fees, less the prepaid Search Fee with a minimum fee of 4000 Euros, maximum fee of 20,000 Euros.
Fees are paid: 1/2 at the time of the signing of the Promesse de Vente, 1/2 at the time of signing of the Acte de Vente, payable by wire transfer, cashier’s check or by credit card.
* Obtaining A Mortgage
We will be happy to recommend mortgage companies we regularly work with at no charge, however should you need assistance in gathering your materials or presenting your case to a lender, we can be of help:
– Consultation to determine which lender(s) are appropriate
– Assistance with filling out initial applications and collecting the documentation you’ll need to apply for your mortgage
– Set up the appointment with the lender(s) and accompanying you, if necessary
Fee of $95 per hour, with a 2-hour minimum, waived if your property search and purchase is with us.
Rates effective January 1, 2005: $125 per hour with a two-hour minimum = $250
* Consultation Appointments are Accepted:
Mondays, Tuesdays, Wednesdays, Fridays: 3 p.m. to 5 p.m. and other times when available.
* To book your consultation or property search:
Spend Just One Day of Your Holiday Learning How to Invest in France and Make it Pay!
Learn the best ways to watch your money and real estate investment grow before your very eyes…all while gazing at the world’s most famous monument over a frothy café crème.
Now’s your opportunity to take a holiday vacation in the most romantic and beautiful city in the world and set aside JUST ONE DAY of your busy schedule visiting museums and dining on foie gras to learn how to make your money double (and even triple — like mine has since I bought my Marais apartment just four short years ago).
December 29th, the first 100 individuals to register will learn from some of the finest experts in French real estate…how to make the most of the rest of their lives while building a portfolio of some of the most desirable real estate in the world.
Take just one full power-packed day, this coming December 29th — in Paris, France.
SPECIAL NOTE: ACCOMMODATION RATES ARE BASED ON $1.25 TO THE EURO AND CANNOT BE GUARANTEED AFTER DECEMBER 10, 2004
* Special Note: For a more comprehensive conference, plan to come to the capital of jazz and Creole cuisine, New Orleans, February 11 – 13, 2005 (just after Mardi Gras) for the Living and Investing in France Conference — three power-packed days covering all the ins and outs you need to make your dream to live and work in France come true. Details
soon to be released, but to be put on a mailing list for more information, email [email protected]/parlerparis
Paris Property Report
By Schuyler Hoffman
Updated December 2, 2004
Residential Space in Paris Then and Now…
In 1671 the Académie Royale d’Architecture was created and the members met once a week to study and discuss architectural problems. There began to be a movement towards more classical forms and more overall homogeneity within the city. In the 17th-century there were two new types of thoroughfares created as well, the avenues and the boulevards. These were built on the outskirts of the city thanks to Louis XIV who destroyed numerous old fortifications to construct boulevards.
On the west side of the right bank Les Grands Boulevards were built and quickly became a center of fashion as the aristocracy built large mansions (hôtels particuliers). The boulevards were straight and tree-lined but there was variety in the buildings.
Meanwhile on the left bank, the construction of Invalides also used large tree-lined avenues to make a grand entrance leading up to the front connecting it to the Seine. On the south side there are three radiating avenues that all draw one’s view to the magnificent dome.
It had been awhile since any places were built in Paris, but under Louis XIV they started to make a comeback. In 1685 the Place des Victoires was completed and all the buildings around the place have an entresol on the ground to accommodate small commercial stores and shops, while above there are two full stories for living and a double-pitch mansard roof with dormers for storage space or for the live-in help.
Many hôtels particuliers still exist all throughout Paris, particularly in the 3rd and 4th arrondissements (Le Marais). These elegant single-family aristocratic mansions were traditionally built in a “U” or square surrounding a courtyard and/or garden. A large double door allowed easy entrance for horse-drawn carriages and the ground level was primarily made up of stables and entranceways to the living quarters above. The first floor was generally used for entertainment, the second level for sleeping and the third and above for servants quarters.
Today, these hôtels particuliers have been renovated to accommodate apartments of all shapes and sizes, and the courtyards may well have become parking spots for the residents, but most have maintained their characteristic construction and charm. In these buildings, you are likely to find wood-beamed ceilings, parquet floors, large elegant stairways and few elevators. Because the streets in Le Marais are particularly narrow, going “up” means gaining more light, but as elevators are not the norm, be prepared to climb many steps to your 17th century abode. Le Marais today is one of the city’s most fashionable neighborhoods.
Place des Vosges in the 4th arrondissement is the oldest square in Paris. It was constructed under Henry IV between 1605 and 1612, designed by Baptiste du Cerceau and was renamed by Napoleon. It has a fascinating history worth discovering and is today, the most expensive real estate in Paris with a square meter price as high as 20,000 Euros.
In 1850 Napoleon and his prefect of Paris, Georges Haussmann, tore the city apart to construct boulevards, new streets, public buildings and parks. Private contractors snapped up the vacant lots left by the reconstruction and built houses by the score. The typical structure put up by private builders was an apartment building six or seven stories high. The ground floor was commonly occupied by shops and a prominent entranceway that was usually wide enough to admit a carriage. The entrance led through a passage and into an inner courtyard. Their stairways led to apartments on the floors above.
The government required buyers to erect buildings with facades conforming to plans prescribed by the city, so there’s a distinctive uniform appearance to buildings erected during this period — balconies with wrought-iron railings set off the windows in the facades, and a continuous iron railing crowning the cornice; ornamental stonework caryatids and consoles supporting balconies; the windows feature sculptured relief; and decorative medallions adorn most buildings. These buildings are now commonly referred to as “Haussmannian.”
On any one street the buildings were generally about the same height, for the law fixed a maximum number of floors that varied with the width of the streets. Owners, wanting the largest possible return, built to the maximum. Often they added an extra rentable story above the cornice line by having a mansard roof with dormer windows opening into rooms immediately under the roof timbers.
The ceilings were high and the hallways wide, but the floor plan was almost invariably impractical. The large multi-room apartments, filling an entire floor, were designed for families with one or more servants — often the kitchen was on the opposite side of the courtyard and accessible only down a long corridor. Thousands of these buildings still stand in Paris today. But most have been chopped into smaller and more practical units and modernized with central heating, bathrooms, and kitchens.
Most of the real estate you will find on the market in Paris today was built during this period or soon after. Much of it still retains the charm and history… if not the impractical floor plans.
Editor’s Note: The complete 21-page Paris Property Report was updated today, December 2, 2004 and is ready in pdf format for download from the French Property Insider Web site by clicking on:
To access this password protected page:
The username is: fpisubscriber
The password is: paris1001
SEEKING A MORTGAGE IN FRANCE?
Let us help you secure a mortgage in France with interest rates as low as 3.35%.
Visit https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/loan for more information
TODAY’S CURRENCY UPDATE
Live mid-market rates as of 2004.11.17 11:04:55 GMT.
1 U.S. Dollar equals 0.767145 Euros (0.776069 Euros last week)
1 Euros equals 1.30353 U.S. Dollars (1.28855 Dollars last week)
1 U.K. Pound equals 1.43329 Euros (1.43732 Euros last week)
1 Euro equals 0.700733 U.K. Pounds (1.42708 Pounds last week)
FOR SALE: FPI HOT PROPERTY OF THE WEEK
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 https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/propertyconsultation.html
Paris Property Picks: In the Village of Montparnos
By Adrian Leeds
Bohemian Montparnasse meets at the crossroads of the 6th, 14th and 15th arrondissements, in the shadow of La Tour Montparnasse, where poets and artists have given their souls.
From the Port-Royal station along the avenue de l’Observation, “La Closerie des Lilas” evokes the passing of this literary quarter, where celebrities such as Ernest Hemingway, Jean-Paul Sartre and Guillaume Apollinaire whiled away their time on its terrace over Pastis and café crème. Walk down the avenue to the Marco-Polo garden at the left of the “Quatre-Parties-du-Monde” fountain sculpted in 1873 by Jean-Baptiste Carpeaux and then down the alley along side the Institut d’Art d’Archéologie constructed between 1925 and 1930 of brick in a hybrid style of Neo-Roman and Neo-Moorish by architect Paul Pigot.
At the end of rue Michelet, rue d’Assas makes a soft incline to a bucolic ending at the Musée Zadkine. Behind a sheet of greenery, Ossip Zadkine called it his “Folie d’Assas” where his tortured silhouettes express the cubist influence of the Russian sculptor. Turn on your steps and to the right, the streets j2999eph-Bara and then to Notre-Dame-des-Champs until you come to the rue de la Grande-Chaumière where Gaugin and Modigliani frequented the art studio of l’Académie de la Grande Chaumière and which continues to welcome geniuses and neophytes of the paint brush.
At the right of boulevard du Montparnasse, Rodin’s “Balzac” is warmly wrapped in his coat of stone, insensitive to the activity at carrefour Vavin where legendary merchants, hip bars and cinemas abound. Old haunts of Picasso, Aragon, Beckett and Faulkner — La Rotonde, La Coupole, Le Select and Le Dôme — continue to attract the thirsty nostalgics, the bourgeois, the bohemians and tourists.
Follow the boulevard Denfert-Rochereau and rejoin the rue Campagne-Première where behind the door at number 9 are hidden tens of artists’ studios constructed with material recuperated from the World’s Fair of 1889. Further on, the Passage d’Enfer where the poet Arthur Rimbaud once lived aligns the cobblestones of an ancient city with newly renovated decor.
Walk up boulevard Raspail and take a right at rue Victor-Schoelcher. There the ornate facades of inlaid mosaic tiles coat the austere buildings of immense glassworks. On the rue Froidevaux and into the Montparnasse Cemetery, are the dear remains of Baudelaire, Sartre, and Serge Gainsburg. Step over to avenue du Maine to reconnect with rue de la Gaîté and cast an eye onto La Comédie Italienne, a theatre decorated with the heads of histrions. At boulevard Quinet take a left in the direction of the tower and cross Place Raoul-Dautry to rediscover the avenue du Maine, to circle and stroll near the Métro Montparnasse-Bienvenuë again to the bucolic ambiance of the old atelier of the sculptor Antoine Bourdelle converted into a museum.
This they call the Village of Montparnos.
18, rue Antoine-Bourdelle, 15th
Open 10 am. to 6 p.m. except Mondays
100 bis, rue d’Assas, 6th
Open 10 a.m. to 6 p.m. except Mondays
PARIS PROPERTY PICKS
* MONTPARNASSE 3 rooms – 44m² CLOSERIE DES LILAS
Situated in a beautiful old building, with three rooms is well located close to commerce and transportation. Needs renovation.
Asking Price: 275,000 Euros + 2% Finder’s Fee
* BD RASPAIL 2 ROOMS – ANCIEN – 43M²
Close to Montparnasse and at the edge of the 6th arrondissement at M°Vavin, beautiful 2/3 rooms in a perfect plan, overlooking a planted courtyard, quiet, sunny, including entry, living room, kitchen, bedroom, shower and toilet on the 4th floor, cellar.
Asking Price: 320,000 Euros + 2% Finder’s Fe
* MONTPARNASSE 2 ROOMS – RÉCENT – 59M²
Rare! Entirely renovated by an architect, perfectly thermally insulated on the 8th floor with bedroom, bath and double exposition, central heating..
Asking Price: 363,580 Euros + 2% Finder’s Fee
* GRAND PRADO
France, Mediterranean Coast, Marseille
GUARANTEED RENTAL INCOME OF UP TO: 5.30%
There are two one-bedroom units available now: Euros 80,135 (TTC on furniture only) and 5.3% yield and Euros 82,172 (TTC on furniture only) 5.3% yield.
24m² to 27m²
Euros 57,000 to Euros 60,000
34m² to 39m²
Euros 80,000 to Euros 88,000
PARLER PARIS APRES MIDI
NEXT MEETING: Tuesday, December 14th, 2004 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
For a detail description of the past meeting and for more information
about Parler Paris Après Midi, visit:
Don’t forget that with your FPI subscription you are entitled to a discount on the purchase of any Insider Paris Guides. You’ll find details of the guides at http://www.insiderparisguides.com/. When ordering, a box will pop up allowing you to enter the following username/password
Order more than one guide at a time and you will receive an additional discount!
THINGS YOU NEED TO KNOW
– To access this password protected page:
The username is: fpisubscriber
The password is: paris1001
If your computer utilizes cookies, once you log into a subscriber only section, the login information will remain active for seven days, after which you will have to login again.
– 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 https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/subscribersonly/pastissues/index.html
– To receive your free French Leaseback Report or the Paris Property Report, click on
======= CLASSIFIED ADVERTISING ======
Last Minute Christmas Shopping in Paris with parismarais
Three wonderful studios in the Marais left for rent from December 8 – 16, 2004 at 30% off starting at only 500 euros per week.
Right now at ParisMarais.com —
Ask for Parler Paris X-mas Special Offer!
The best and easiest way to find an apartment in Paris…
So, you want to rent your own “pied-à-terre” for a week, a month or a year? It’s easy — there are thousands of apartments in Paris to call home, but it’s not so fast and easy to surf through all the thousands to fine the one perfect for you.
For just $39, we’ll do all the legwork and you’ll just move in and unpack. Let us do a customized search for you with our favorite short-term vacation rental agents!
To start your search, contact Yolanda Robins at [email protected]
Available February 4 – 16 in its entirety
Located in a 17th century Le Marais Hotel Particulier, this 70 square meter apartment two-bedroom apartment with lots of light is nicely furnished and is perfect for a single woman in the freshly renovated guest room when owner Adrian Leeds is in or for up to 4 people when she’s traveling.
Pictures and more details available here: http:
For all short term rental apartments in Paris, take a look at https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/apartments or https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/longterm.html for long term apartments.
For rent by the week or longer
Two lovely 2 or 3-bedroom apartments — 1st arrondissement, same building. Just minutes away: the Louvre, Tuilleries, Place Vendome and more. French style gives you a true taste of Paris. Fully equipped makes your Paris stay effortless, comfortable and memorable.
Complete information at http://www.youlloveparis.com
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/
SUBSCRIBE TO PARLER PARIS
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Copyright 2004, Adrian Leeds Group, LLC