I Fell for an Eyeful of the Eiffel Tower
Volume IV, Issue 16
Lunch on rue Cler yesterday reminded me how wonderful the 7th arrondissement can be…living with a view of the Eiffel Tower is every American’s dream, no? Strolling the streets, I noticed the beautiful and elegant buildings, the classy shops and the inflated prices — but alas, the merchants pay higher rents and the customers pay higher prices to make up for it.
That’s not so bad when you get what you pay for…a life in Paris’ chicest district. Today we explore the plusses and minuses of the 7th arrondissement with a few lifestyle tips along the way (where to eat, where to shop for cheese, more about rue Cler, etc.) and offer up a few outstanding properties for sale anyone would be envious to own.
Money continues to talk with Part II of Money Matters and an article just out predicting the dollar to make a major nose dive. The answer? Invest in euros! Don’t miss this important look at what we might expect on the financial market.
Today’s Leaseback property is in Bretagne and auctions are gearing up for May 9th. Meanwhile, Paris is warming up, the trees are sprouting bright green leaves, the daffodils and tulips are blooming, tables and chairs are starting to spill out on the sidewalk and Spring has finally sprung in Paris.
Editor, French Property Insider
Email: [email protected]
P.S. We are pleased to report that registrations are flowing in and many of you are happily coming to New Orleans for the Living and Investing in France Round Table May 27th! To learn more and make your reservation to join us, for the Round Table and/or for Dinner at Tujague’s, click here
Volume IV, Issue 16, April 20, 2006
In this issue:
* Living Near the Eiffel Tower
* Learning More About the 7th
* Everyday Dining on Rue Cler
* Say Cheese on the Champs
* Shopping on Rue Cler
* Is the Dollar Due for a Down?
* Mastering Money Matters, Part II
* An Afternoon with Adrian in New Orleans, May 27, 2006
* FPI Property Consultation, Search and Relocation Solutions
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: May 9, 2006
* Hot Property Picks: “I Fell” for the Seventh
* Leasebacks: France, Brittany / Normandy, Messac
* On the Auction Block: May 9, 2006
* Classified Advertising: Parler Paris Apartments
The Cost of Owning Your Pied-à-Terre Near the Eiffel Tower
By Adrian Leeds
It was my first dream…to live near the Eiffel Tower, or have a view of it. La Grande Dame symbolizes Paris more distinctively than any other monument and the district is perhaps Paris’ most elegant. Those who live there, love it for its beauty, quiet and calm and high quality amenities, including the lively market street rue Cler and fine restaurants.
Rental capability is best if the apartment has a view of the tower or is situated near rue Cler, but normally, the demand is relatively low by tourists as it lacks the central location and constant activity of other arrondissements, such as Saint-Germain-des-Prés or Le Marais. Still, it can be a highly desirable place to hang your hat and call home, particularly if rental returns are not your highest priority.
For the budget-conscious, the 7th arrondissement is the second most expensive district in Paris (the 6th being first) and therefore less affordable than most. The Chambre de Notaire reports April 4th the average square meter price of apartments in the 7th to be 7,347 euros, an increase of 14.0% from 2004 to 2005. This compares to the city averages of 5,250 euros per square meter and 14.0%.
Keep in mind when comparing the reported averages with properties you may be considering, that true market value is usually 20% to sometimes
as much as 50% higher fo
r a variety of reasons. Note the properties listed in Hot Properties in this issue average between 8,300 euros and over 10,000 euros per square meter.
The figures by “quartier” of the district reported by the Chambre de Notaires shows the neighborhood of St.-Thomas-d’Aquin to have increased the most over the past year and commands the highest prices. This is the area bordering the 6th comprised of boulevard Saint-Germain and rue de Bac
|Borders:||On the North:||quai Branly, d’Orsay, Anatole France,Voltaire|
|On the East:||rues des Saint-Pères et de Sèvres|
|On the West:||avenue de Suffren|
|Quartiers:||Saint-Thomas d’Aquin, Invalides, Ecole Militaire,
|Population:||56,988 inhabitants in 1999
(2.7% of the population of Paris)
|Density:||13,933 inhabitants per km²
Paris: 20,164 habitants per km²
|Unemployment:||8%, Paris: 12%|
|Professionals, by Category (1990):||7th arr.||Paris|
|Artisans, merchants, directors||10%||7,0%|
|Workers||7,3% </ td>||&nbs
|Housing (1999):||37,859 residences, (2.9% of total Paris)|
|Housing Categories (1999):||7th arr.||Paris|
|Principal Residences||30,200, 79.8%||1,110,912, 84.0%|
|Secondary Residences||3,953, 10.5%||75,074, 5.6%|
|Vacant Residences||3,706, 9.8%||136,554, 10.3%|
|Age of Buildings (1999):||7th arr.||Paris|
|From 1915 to 1948||15,1%||18,3%|
|From 1949 to 1974||9,6%||19,0%|
|Gardens and green spaces:||18 gardens, total surface area of 399,798 m² (243,000 m² comprises the Champ de Mars), 7 m² space/inhabitant|
|Facilities for children:||12 day care centers|
|Public Schools:||6 nursery schools|
|6 elementary schools|
|2 junior high schools|
|1 general high school|
|1 professional high school|
|Sports facilities:||2 gymnasiums, 2 sports arenas, 1 school court|
|Transportation:||4 Métro lines, 1 RER line, 17 bus lines|
Your “Cantine” in the 7th
Excerpt from the Leeds Good Value Guide to Paris Restaurants
CAFE DU MARCHE
* Traditional French
* 38, rue Cler, Arrondissement 7
* Phone 01.47.05.51.27
* Métro Ecole Militaire
* Salades €8, Plats €9, Desserts €5.50, A La Carte Menu: Average per P
o;9 – €25
It’s no wonder that Café du Marché stays filled to the brim, with prices like this, portions fit for any hungry American and great quality. Every travel writer has written about it, from Rick Steves to Fodor’s to Rough Guide. It’s all true. It sits on the corner at rue de Champs de Mars with an enclosed terrace when the weather isn’t favorable, or tables on the sidewalk when it is. It’s pretty perfect. Thank goodness, the French still patronize it, even if the Anglos have moved in…plus, the market street, rue Cler, is endlessly fun and full of life. It’s a “cantine” for many – and why not, when you can have a great lunch for a whopping €9? I need not say more.
Editor’s Note: 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: fpi, Password: subscriber. Order more than one guide at a time and you will receive an additional discount!
“Our best customer is the one who has confidence in us…”
From her father, the noted Christian Cantin, founder of the Cantin cheese house in Paris, in 1950, and initiator of the Cheese house guild, Marie-Anne Cantin inherited the passion and the know-how. She does not hesitate to declare that she was “born in cheese.”
Since she opened her own boutique in 1982 in Paris, her reputation has expanded. Appointed supplier of the Elysée Presidential Palace and favorite provider of the most famous restaurants and connoisseurs, Marie-Anne regularly receives awards in gastronomic guides, food magazines and newspapers around the world.
With top quality requirements and authenticity, she only displays in her boutique the best products at their best: Only traditional cheeses are proposed, made of raw milk, produced in limited quantities by selected small facilities.
The producers are carefully selected. Grass land and pastures from French regions and boarder countries have no secrets for Marie-Anne and her husband. They visit regularly the areas of production and the suppliers who share their passion for tradition and provide the Parisian boutique at the peak season with their specialities.
As soon as the cheeses are delivered, still fresh, they are arranged in the cellars for ripening. The ripening is the maturation process in the cellars that will allow young cheeses (not yet tasty) to gain their flavor, consistency and co lour and to develop their character and personality .
In the cellars Marie-Anne Cantin gives special care and supervises the maturation process. Cow milk cheeses are maintained at a 9º C temperature while goat milk cheeses are at 5º to 7º C. Every type of cheese requires a different maturation time, from 15 days for some goat cheeses to nearly 2 years for the Beaufort and the Comte.
Regularly, with her team she delicately turns over the cheeses, washes the crust and according to the maturation and her ripening secrets she washes them with salted water, beer or marc (White French Brandy) “cheese is a live substance and its transformation process is what attracts me the most” declares Marie-Anne. With her sparkling wit and her spontaneity she will not hesitate to express her inclination for old fashioned preparations in cheese making and her aversion for so called “new cheeses” or laboratory mixtures.
Always willing to invite you to discover unknown cheeses, or those specially re-made for her, Marie-Anne, her husband Antoine and their team invite you to satisfy your curiosity and guide you with advise and suggestions.
12, rue du Champ de Mars
75007 Paris – France
Open Monday to Saturday 8:30 a.m. to 7:30 p.m.
e-mail: [email protected]
Phone: 33 (0)1 45 50 43 94
Fax: 33 (0)1 44 18 09 56
One of the pleasures of staying in an apartment in Paris is to be able to walk to rue Cler and buy your food to enjoy as Parisians do.
Rue Cler is especially convenient for the neighborhood because it is open on Sunday mornings. Many families attend mass at 11 a.m. at St. Pierre du Gros Caillou on rue de Grenelle, then head immediately to rue Cler for their baguettes, cheese, bottle of wine, cuts of meat and desserts. Get there early as it becomes extremely crowded after 11 am on Sundays. Being near rue Cler is one of the great pleasures of living in Paris, whether for a week or a lifetime…
Click here to read the article in its entirety:
The US Dollar on Reprieve
The Asian Development Bank Warns of Threatening Monetary Turmoil
By Adrian Leeds
The following article published in Voltaire.net on April 18, 2006, outlines predictions for a failing U.S. dollar. This should be of particular interest to those interested in investing in or who have already made their investment in euro assets. Should the dollar weaken, buying p
roperty in France will become even more e
xpensive, but property owned will become more valuable in U.S. dollar terms. The decision to purchase now, rather than later, is one to consider, while the rate of exchange is relatively more equal than is predicted (in this article) and while property is still increasing in value in France. Your investment will become rapidly more valuable the earlier your investment is made, should these predictions come true.
Article: The US Dollar on Reprieve
The oil trade is uneasy about the increasing impossibility of reinvesting the petrodollars they are accumulating, whereas the bank world is pondering over the dollar’s real value. A downturn in trade has just begun on the stock exchanges of the Gulf, even as the Asian Development Bank was warning its members against a possible collapse of the US currency. What if the dollar was really no longer anything but fiat money?
For several months a lively debate has been developing within international financial circles: is the dollar so overvalued as to be at risk of a brutal collapse, on the order of 15% to 40% depending on the commentator? The controversy is kept alive by a disputed rumor whereby some oil contracts might be on the verge of being converted from dollars into euros. This, in turn, would spawn a depreciation of the US currency…
Click here to read the article in its entirety: http://www.voltairenet.org/article138048.html
Making the Move and Mastering Money Matters, Part II
By Adrian Leeds
Opening a Bank Account
Getting a bank account in France is not as simple as it is Stateside, where friendly account managers sit waiting at their desks to welcome you. Banks in France prefer to establish a solid relationship with a customer that will lead to provision of more services and can make subjective decisions on who they want as customers.
With a residence visa of some sort (Carte de Séjour or Carte de Résident), you can more easily make an appointment with any bank to open standard checking and savings accounts and subscribe to the French Visa, “Carte Bleue.” Without the visa, if you have proof you own property (copy of a “Promesse de Vente” or “Acte de Vente”) or have a long-term lease, you will also be more readily welcomed.
To make an appointment, you must call or stop into the branch and request to see an account manager. An appointment for a future time will be made. It is best to have a “sponsor” call for you or make the referral. A sponsor is someone who is already a customer of the bank who can introduce you. This is a very important step in establishing a proper relationship with a bank as money is NOT what talks in France — but trusting and honorable relationships do. If you attempt to show your clout by how much money you will deposit in their bank, you are likely to fail! And believe it or not, accounts are opened with not a single centime.
Depending on the bank’s policies, checking accounts and checkbooks can be free or charged. Savings account often yield as much as 3% interest and again, the rate depends on the bank. Carte Bleue is actually a debit card as the funds are extracted from your checking account automatically at in total for the month at the end of the month. There are no outstanding balances and no interest is charged. There are annual fees associated with the right to have a Carte Bleue. It can be used to make purchases or extract cash from your account at any ATM — with a four digit PIN ([Personal Identification Number) rather than a signature.
Bouncing a check is illegal in France and is subsequent to fines. Your account could be frozen and drastic measures could be taken which could deny you the right to a checking account for years. We recommend maintaining an appropriate balance in your account at all times.
Banks to consider would be commercial banks with many branches, particularly ones nearest your own property where you can have a regular and ongoing presence to establish a better relationship. The following is a list of France’s most popular commercial banks. Ask your friends which they recommend:
COMMERCIAL FRENCH BANKS
Banque Nationale de Paris (BNP Paribas)
Crédit Commercial de France (CCF)
Crédit Municipal de Paris
Crédit Industriel et Commercial (CIC)
Special note: Barclays, CIC, BNP and many others offer dollar accounts making it easy and less expensive to transfer funds between your dollar account and euro account. It is also a great way to reduce your costs associated with transferring funds. But beware, there may be tax penalties relating to foreign dollar accounts, so be sure to get the advice of your tax advisor before proceeding.
To wire funds from your U.S. or Canadian bank, you will be asked for your account number along with a “Routing Number,” “Swift Code,” “ABA Number” or “Sort Code.” They all look similar. This number is found on your checks along with your account number.
A wire transfer is where money can be unnecessarily spent in fees and poor rates of exchange. Banks traditionally provide poor rates, therefore I highly recommend you contact a currency broker (such as Moneycorp/) and compare rates. A currency broker has the ability to do “spot trades” where you buy currency at the prevailing exchange rate and pay for it straight away or “forward currency contracts” where you fix the exchange rate now for a specific date in the future (up to 2 years ahead). This is especially useful when transferring large sums for making property purchases or loading accounts with large funds to make mortgage payments, pay bills, etc. at a time when the rate of exchange is favorable.
Paying bills in France can be particularly easy via the RIB (Relevé d’Identité Bancaire) system of automatic debit from your account. Utility and phone companies prefer that your bills be paid in this way. Your bank will provide you with “slips” noting all the correct numbers your debtors need: “Code Banque,” “Code Guichet,” “Numéro de Compte” and “Clé RIB.” When you provide this, you authorize the debtor to extract the funds from your account. It’s particularly useful for absentee homeowners so that their electricity and telephone bills are paid in full and on time without worry. Lenders holding your mortgage will require that the monthly payment be made this way and therefore having a bank account in France is mandatory.
Getting a Mortgage
The good news is that obtaining a mortgage here is very doable. You have a few options including going to a French bank or a British bank doing business in France.
Going directly to a commercial French bank as a non-resident can be a bit dicey. Unless you have a regular salary going into a French account, they tend not to be as interested in dealing with foreign clients, but there are British and French Banks which are set up particularly to work with non-residents.
The paperwork and requirements to obtain a mortgage are fairly simple and similar between institutions. Loans in France are based on your income, not your assets, and the monthly amount of the mortgage cannot be more than one-third of your monthly income. You can obtain financing for 10, 15, 20 or 25 years at variable or fixed percentage rates (depending on your age up to 75) and recently, interest-only loans are being made available. Lengthening the term of your mortgage or opting for interest-only can help reduce currency exchange losses. 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. At the time of this writing, it is about 3%.
There is normally a small origination fee of approximately 1% or less, with a cap, and a life insurance policy attached to the loan is mandatory to insure completion of payment. Prior to making a property purchase, it is recommended to contact the lenders in advance to submit an application for a pre-approval “in principal.” It is not until a property is committed to (having signed a “Promesse de Vente” or “Compromis de Vente”) that the lender will formally submit your application for approval by the committee.
The lenders I recommend are: Banque Patrimoine et Immobilier (BPI), UCB, GE MoneyBank, Barclays and Entenial. See https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/loan for detailed information.
Mastering Your Money
There is no one easy solution to mastering your finances in a foreign country. As long as you never stop asking questions and pursuing new avenues to reduce your risk and costs associated with transferring funds, you will have succeeded in at least controlling some of your destiny — as you have no control over the rate of exchange or the policies administered by financial institutions.
Si non, bonne chance and bon courage!
Editor’s note: To contact the lenders, Moneycorp or any other recommended resources made here, please contact French Property Insider at [email protected] or click on https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/consultation
Parler Paris, French Property Insider and John Howell & Co. Present the …
Living and Investing in France
Round Table — An Afternoon with Adrian Leeds
May 27, 2006, 2:30 p.m. to 6:30 p.m.
at Historic Tujague’s
823 Decatur Street
If you’ve ever dreamed of moving to France, creating a new life in Paris, purchasing a “pied-à-terre” of your own or perhaps investing in other property in France, this power-packed afternoon with Adrian Leeds is a MUST.
New Orleans is Adrian Leeds’ Home Town
New Orleans has a heritage that dates back to the Spaniards who settled there, to the French who turned it into the country’s most cultured and fun-filled city and to all the others who followed and added a profound texture of culture and spirit. Before Hurricane Katrina struck, it was one of the most visited U.S. cities and is still host to such important events as the Mardi Gras and the Jazz Festival. New Orleans is also one of the only U.S. cities that can claim centuries of history not to mention the greatest food, music and art.
The Round Table
Round Table and Discussion will be led by Adrian Leeds, Editor of Parler Paris and French Property Insider, Director of French Property Consultation, author of the Leeds Good Value Guide to Paris Restaurants and co-coord
the Parler Parlor French-English Conversation Group!…
There is nothing else you can do in less time and as inexpensively to learn the important facts you need to know to get you on the right road and in the right direction for a successful investment and life in France!
Adrian will give you a brief overview and introduction to each the following topics:
* Obtaining the Right to Be in France!
* Buying and Owning Property in France!
* Profiting from the Leaseback Program, Corporate Housing in Paris (CHIP) and Other Investment Property Programs
* How to Rent Your French Property for Profit!
* Finding Your Dream Apartment in Paris or Home in the Country!
* Getting a Mortgage!
* Minimize Your Tax and Maximize the Benefits!
* Reducing Your Currency Exchange Risk!
* Crossing the Cultural Divide!
* Plus, you’ll get answers to all of your questions during a Q and A session…an opportunity to ask questions particular to your situation and receive answers you need to make your dream to live in France come true and how to invest in property there profitably.
The Round Table Location and Dinner (Open to Everyone!)
The Second Oldest Restaurant in New Orleans!
823 Decatur Street, New Orleans
Located in the heart of the French Quarter, facing the historic French Market, Tujague’s has retained its reputation for providing an unforgettable dining experience in the original Creole tradition. Tujague’s has been a favorite for over 143 years, entertaining and satisfying the appetites of delightfully robust patrons to the French Quarter.
You’ll think you’ve stepped back in time when you see the ancient mirror which graced a Paris bistro for ninety years before making its journey to New Orleans, or when you run your fingers across the famous cypress bar which splendidly survived prohibition. When you enter the restaurant and smell the aroma you’ll be enjoying the same sensations as did brunch guests to Madame Begue’s “petite déjeuner” all those years ago, as Tujague’s serves-up those same famous dishes today!
The original Creole tradition of hand selecting fresh produce purchased daily from the open French Quarter market also continues today, ensuring cuisine of the finest possible quality. Sit back, relax and enjoy course after famous course of traditional New Orleans dishes and drinks!
May 27, 2006 Round Table
2 p.m.: Registration
2:30 p.m. to 6:30 p.m.: Round Table with Adrian Leeds
7:00 p.m.: Optional Dinner at Tujague’s —
Dinner is Open to Conference Participants, Their Guests and Everyone Who Would Like to Join Us!
Round Table Also Includes
* Coffee Break Mid Afternoon
* Canvas Tote Bag with Free Gifts from Paris
* Reference Materials
Dinner at Tujague’s Includes
• Shrimp Remoulade
• Louisiana Gumbo
• House Specialty Brisket of Beef with Tujague’s Special Creole Sauce
• Choice of Main Course: Fish, Meat, Chicken
• Banana Bread Pudding
• Wine and Coffee
Round Table and Dinner Fees
1st Person Round Table Only $147
1st Person Round Table with Full Cocktail and Dinner $197
Add a Spouse, Partner or Friend!
Two People Round Table Only $267
Two People Round Table with Full Cocktail and Dinner $367
Dinner for your friends or
anyone who would like to join us! $67
Round Table: Cancellations received on or before April 30, 2006, will receive a full refund, less a $50 processing fee. From May 1 – 15, 2006 a refund of 50% per person will be given, less a $50 processing fee. After May 15, 2006, the round table Round Table fee is non-refundable. Please call, fax, or email our offices immediately to avoid any unnecessary charges if you are unable to attend. If you cancel due to medical reasons that are covered by your purchased travel-insurance policy, we will advise the insurance company that your travel and conference or seminar fees are non-refundable. Any refunds issued by the insurance company will negate any credit due.
Protect Your Investment: We strongly suggest you protect your investment by purchasing trip-cancellation insurance. We are happy to recommend a policy to you. Please visit http://cruiseorairtravel.com/travel_insurance/insurance.htm for more information or contact Maria Maher at Agora Travel, [email protected].
Don’t miss it. Visit the site for more information at
Round Table — An Afternoon with Adrian Leeds
Or sign up now.
< font size=”2″ face=”Verdana”>Property Consultation, Search and Relocation Solutions
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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: https://adrianleeds.com/wp-content/uploads/newsletters/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: May 9, 2006 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: “I Fell” for the Seventh
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, 7th Arrondissement, 4 rooms, approx. 93m²
Beautiful apartment with classic hardwood floors, moldings, fireplaces. Quiet, this space includes an entrance, living room, bedroom, fully equipped kitchen, bathroom, separate toilet, cellar.
Asking Price: 780,000 Euros + 2.5% Finder’s Fee
*** Paris, 7th Arrondissement, 5 rooms, approx. 130m²
Between Invalides and Champs de Mars, with a view of the Eiffel Tower and Invalides. Sixth floor with elevator, 3 bedrooms, 2 bathrooms, 3 toilets. Parking possible.
Asking Price: 1,245,000 Euros + 2.5% Finder’s Fee
*** Paris, 7th Arrondissement, 8 rooms, approx. 355m²
Just steps from Champs de Mars, in a beautiful building on the third floor. Lots of room with high ceilings, and a large reception area.
Asking Price: 3,800,000 Euros + 2.5% Finder’s Fee
LEASEBACK NEWS FROM IMOINVEST
France, Britanny / Normandy, Messac
Chalets / Villas 480 m², 326,350 Euros
EXPECTED RENTAL INCOME UP TO: 5.00%
Authentic stone house with a vast garden on a main street with private exits leading onto a charming Brittany road. Messac is situated on the left bank of the Vilaine River, the bustling town of Guipry, by a bridge over the Vilaine, Messac is a city that is linked very well by many different transportation options. The property is within proximity to various services including pharmacies, schools and commercial centre.
There are 4 bedrooms on the property, 2 wells,1 bathroom, a garage and 2 storage rooms. The 8 main rooms all have surfaces of approximately 22 m² each and there is a large chimney. The heating is with fuel. The attic floors are parquet and measure over 100 m². There is a fifth cave that is a wine cellar. The property is 5 minutes from the train station that is on the line Rennes-Quimper.
Next sessions: May 9, 2006, 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 website 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:
SEEKING A MORTGAGE IN FRANCE?
Let us help you secure a mortgage in France with interest rates as low as 3%. Visit https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/loan for more information.
INSIDER PARIS GUIDES DISCOUNT FOR FPI SUBSCRIBERS
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:
Order more than one guide at a time and you will receive an additional discount!
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/
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