"Mortgages, Money, Wills and Champagne Thrills"

Last week we wrote about the Viager…a property that is sold during the lifetime of the seller with exclusive rights of the seller to remain there on a leased basis till death.

If all goes well, I will be the owner of just such a property. My offer was accepted on December 1st, but because the current tenant has first right of refusal to up the offer and purchase the property within one month following, I must sit tight until January 1st. The good news is, however, that the tenant is of course the very person who sold it to begin with!…so is unlikely to want to buy it back at a higher price.
It’s a long and rather fascinating story and the property is a very special one, but I cannot reveal much more until after the first of the year when the purchase is confirmed. In counsel of our Notaire, because of the nature of the property which is currently in the hands of the State, the signing of the Acte de Vente may be precendent to the signing of a Promesse de Vente. He further advised that because the tenant is very old, invalid and in actuality not residing in the property, that there may be a way to encourage him to break the lease. There are special attorneys that deal with these issues, but going directly to the tenant is likely the easiest and least expensive solution. I’ll keep you posted of the progress.
Today we take these issues a step further and bring to light the necessity of having a French will to deal with your French Property.
With the holidays just around the corner and lots of bottles of bubbly about to pop, we thought it would be of interest to you to learn more about Champagne and its region. This is a lovely corner of France to consider as home, should you prefer the countryside or dream of owning a vineyard.
Interested in buying a piece of Paris history? This tidbit in the news takes us back in time to World War II when the Hôtel Majestic was once Nazi headquarters, now up for sale by the French government.
And lastly, French Property Loan is born. Learn all about it and how you can easily get a mortgage in France. It’s all here in the third-to-last issue of the year.
A bientôt…

Adrian Leeds
Editor, French Property Insider
Email: [email protected]

P.S. Two weeks left to register for the Living and Investing in France Real Estate Seminar. Don’t delay. For more information, visit https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/conference


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Volume IV, Issue 48, December 14, 2006

In this issue:
* NEW! French Property Loan
* Why a Mortgage Makes Sense
* Protecting Your Loved Ones After You’re Gone
* Former German Army Headquarters for Sale in Paris
* Raising a Glass to Champagne!
* Living and Investing in France Real Estate Seminar December 29, 2006 – New! More Presenters Added to Schedule!
* Vive la France Property Show, London, January 17-21, 2007
* FPI Property Consultation, Search and Relocation Solutions
* Today’s Currency Update from Moneycorp
* Next Parler Paris Après-Midi: January 9, 2007
* Hot Property Picks: A Toast to Homes in Champagne
* Leasebacks: Domaine du Golf, France, Mediterranean Coast, Fabrègues
* Managing Your FPI Subscription
* Classified Advertising: Parler Paris Apartments, Attic Lumière, Le Panthéon
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Announcing French Property Loan!
By Adrian Leeds
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/loan
Six years ago when the landlord said he wanted to sell my apartment, I set out to find a way to borrow the money. I remember it as if it were yesterday.
I tried everything — as my first instinct was to talk to the bank where I had an account here in France and to those in the States. They laughed me out the door. No U.S. bank was going to lend me money to buy a property overseas, at least at any kind of normal interest rate. My French bank laughed even harder. “Where is your monthly French salary?,” they asked.
I
t wasn’t until a friend sug
gested the British banks that specialized in loans to foreigners and non-residents. I submitted applications to two lenders — they were the only two offering mortgages to people like me at the time. Today, these two banks are both French-owned and known as BPI (Banque Patrimoine et Immobilier) and UCB, a division of BNP Parisbas.
One of them accepted my application enabling the purchase of my first apartment. It was a momentous occasion, although I didn’t know it then as I am still working with these two banks very closely. They were the foundation that led to developing relationships with other lenders — as new lenders have come on to the market, offering similar loan products and catering to a growing foreign market.
Because my property grew rapidly in value, more than tripling in fact, BPI offered me the opportunity to take an equity release to purchase not only one, but two small studios. One of them you know as “Le Provençal,” a rental apartment in the Marais that has been successfully booked from the beginning.
The second one is soon to materialize! At this very moment, I eagerly await confirmation that my offer was accepted and will be sealed in writing very soon on one that I plan to call…oh la, la…too soon to divulge! (The secret is not yet out.)
There is no doubt that these properties are good investments. They will provide the financial security I’ve always dreamed of and perhaps the ability to afford even more sometime in the near future, growing a valuable portfolio that will secure an income during retirement and eventually an inheritance for my daughter.
Offering mortgage assistance to our clients and readers who dream of purchasing property in France is vital to fulfilling those dreams and profiting from the investments.
There are many reasons that taking a mortgage makes good sense in today’s financial environment over paying cash for your French Property. In fact, that’s the focus of today’s French Property Insider Newsletter. Today you’ll learn all the reasons why buyers should consider a mortgage over plunking down a big chunk of change at today’s rate of exchange.
And thanks to the relationships we now have with these lenders, we are able to directly connect you with them, long before you start your property search — the smart way to prepare for your property purchase.
It’s called French Property Loan.
It’s not new for us, but it’s new for you. Now you can go directly to https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/loan for information on why and how to get a mortgage. At adrianleeds.com/frenchproperty/loan, you’ll be able to write our lending agents directly and request applications.
BUT I WARN YOU. Do not hastily email every lender on our list! These lenders are highly competitive. If they believe they have TOO MUCH competition to get your business, they may not work as hard as they should for you.
This is where you will want our assistance and advice. We can steer you in the right direction and connect you with the lenders that make the most sense given your personal situation.
For more information, email [email protected]
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Why Take a Mortgage
By Adrian Leeds
Lots of people have savings to invest in property and prefer to purchase a property in cash to avoid a monthly payment. While on the surface that seems like a great idea, there are a number of reasons to take a mortgage aside from the obvious necessity for additional funds:
1. You may have other needs for your money! Perhaps you want to renovate to improve the property which will improve your return on investment.
2. Interest rates in France are lower than both U.S. and U.K. rates. At today’s low interest rates, there are other investments which can yield higher dividends and therefore earn more money than the mortgage is costing you.
3. Investing as small amount of capital as possible is a way of leveraging a large mortgage that will be covered by the rental return of the property. As the years go by, your rental returns are likely to increase while your mortgage repayment remains the same, generating a higher return.
4. Any increase in the value of the property also increases the equity you’ve built. With a good track record, the lender may be willing to offer a second mortgage or equity release, facilitating additional property purchases.
5. A mortgage is a great way to reduce the inheritance tax liability on your French property by lowering its net value. With inheritance tax rates as high as one-third (to non E.U. residents), this can save an enormous amount of tax liability.
6. Interest paid on a mortgage in France is deductible on your U.S. tax return.
The biggest reason you will want to take a mortgage is…
7. The ability to more or less control the risk related to the fluctuating rate of exchange. If you take a variable rate mortgage, one which allows repayment with no penalty, you can use the rates to your advantage by making payments when the exchange rate is in your favor.
The down payment, the taxes and Notaire fees paid at closing are the only amounts subject to the current rate of exchange. And even that, with good planning and a currency specialist, such as Moneycorp, can further protect you from the risk. “Forward” contracts allow you to buy Euros up to two years in advance to protect yourself against these currency fluctuations.
Editor’s Note: Set up your account with Moneycorp in advance to be prepared. Visit https://adrianleeds.com/frenchproperty/loan/moneycorpconvertor.html for more information
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Your French Will
By Adrian Leeds
French inheritance law regarding your French property supercedes any will and testament you might have in your home country. If the property is owned by a company, such as an “SCI” (Société Civile Immobilier), then French inheritance law may not be applicable to the part of the estate which holds the shares.
It is advised to create a separate will covering assets held on French territory to be filed with the French National Registry of Last Wills and Testaments. This will facilitate the relatives of the deceased concerned who are living outside France at the moment of his or her death.
French Inheritance law is notoriously complicated and despite recent changes to the laws, is based on fundamentally different principles from those under common-law systems such as in the U.S. and U.K.
French law does not make it possible to disinherit your children nor any offspring, from whatever marriage or relationship, and all must be treated equally in the succession. France has also adopted the system of pre-nuptial agreements and settlements which determine the ownership of goods and real property between the spouses during the course of, as well as after, the marriage co-habitation.
Tax issues related to living trusts and gifts should be carefully considered when dealing with the Estate planning of your French assets.
A French Notaire can be valuable in explaining the law, however, a tax attorney conversant in both French law and the law of your first tax residence should be consulted to avoid making costly tax mistakes.
A French will is easy and inexpensive to create and file. It is to be written in long hand, in French, and a Notaire can file it with the National Registry.
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France To Sell Former Nazi Headquarters
Reuters News Agency
A former luxury hotel used to house Nazi headquarters in occupied Paris during World War Two is being put up for sale by the French government.
The Hotel Majestic, on the Avenue Kléber near the Arc de Triomphe in central Paris, was seized by the invading German army after the fall of France in June 1940 and turned into a headquarters for both the military command and the Gestapo.
The labyrinthine building became the first Paris headquarters of UNESCO after World War Two and now serves as a conference center. It will be auctioned off or sold through a public offer soon, a finance ministry spokesman told Reuters on Friday.
The government has decided to sell off parts of its 38 billion euro property portfolio as part of a drive to tighten its budget and increase efficiency.
“We’ve sold a lot in the middle of Paris, including a number of very prestigious buildings. The sale of the conference center is part of this restructuring policy,” the spokesman said.
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Champagne!
From France Monthly
http://www.francemonthly.com
A Pre-eminent Region
Throughout France, the Champagne region was held in the highest esteem. Reims, capital of the second Gaul, was the city of coronation of French kings from Clovis in 496 until Charles the Tenth in 1825. The Champagne region is also the oldest region of French wines. With a limestone earth, good exposure to the sun and winegrowers devoted to their craft since the beginning of time, one would expect the finest wines of all. At the beginning, the bubbly quality of the wine was considered a flaw to be overcome. Apparently, the 45th parallel (from the regions of Bordeaux to the Rhone valley) was the ideal latitude to produce wines of high quality. Champagne was too far north, situated at the 49th parallel. Louis Pasteur took this “liability” and made it into a science: a first fermentation of the grape juice occurred after the grape pressing, then during the cold winter, the fermentation paused, then resumed in the spring. This process, because of the specific latitude of the region, gives this delicate wine, called Champagne, its well known effervescence.
The Abbey of Hautvillers
Legend has it that, Saint-Nivard, bishop of Reims, in search of the ideal place to establish a monastery, looked to the heavens for a sign from God. At that moment he saw a dove place itself on the tallest beech tree at the highest point of Hautvillers. Thus the site, situated on the edge of the Marne River, was chosen. As early as its foundation was laid, the abbey was a big success. The monks there practiced the rules of Saint-Benoit. Their prayers and the steady work of the vine which, until the middle ages was often done by religious orders, regulated their days rhythmically. Unfortunately, to prosperity followed dramatic periods of invasions and wars, leaving pillage, destruction and desolation. Throughout time, the abbey of Hautvillers (north of Epernay), often served as a refuge to the inhabitants of the countryside in distress. Despite these hazards and difficult periods, the abbey did not cease to grow, thanks to the gifts of the believers and the land purchased by the monks. After his allocation in 1668, it was the abbot Dom Pérignon who, thanks to his courage, his tenacity, and his intelligence, was able to bring the abbey to its eminence and with it bring its prosperity and honor.
Dom Pérignon
Father Pérignon returned the monastery from ashes to its original state. Understanding very quickly that the vine could be a source of wealth, he interested himself in its yield. An ingenious and eager worker, as well as an exceptional businessman, he played an essential role in the development of this wine. His first flash of genius was to assemble only black grapes of a certain quality, but from different soils, to produce the white wine. No white grape is ever used in the composition of a real Champagne wine, for it would bring a yellowish, shabby color. The black grape, on the contrary, gives the wine its crystalline color. Dom Pérignon tasted the grapes to be certain of their quality and of their maturity, then each year determined and published the “drum roll” of the grape-harvests, or the precise day when the harvest could begin. He introduced the vine police to insure that the date was respected, and that only the best clusters were gathered and delicately put in the baskets in order not to damage the grapes. To this day, no machine intervenes in the picking of the grapes for Champagne.
Effervescence
Before the arrival of Dom Pérignon, the Champagne region produced wines that were difficult to preserve. The tendency of this wine to become naturally foaming was, indeed, a true problem. The famous monk transformed this defect into a quality. He introduced a specific process: after a quick pressurization of the black grapes, the juice, which was white as crystal, was preserved in barrels. A first fermentation was produced when the sugar transformed itself into alcohol. The excessive cold of the winter stopped this phenomenon that would then resume in the spring. Dom Pérignon introduced the idea of bottling the wine at this point, after the first fermentation and before a second, thus allowing the second more slow fermentation to occur in the bottle. Many say his real “secret” was the specific date chosen for this bottling: the first moon of the month of March. Another improvement attributed to Dom Pérignon, is that the bottles were no longer closed with a wood cover and hemp, but by a cork maintained with a link that withstood the pressure. It is interesting that a man who practically did not drink wine, and who nourished himself primarily on milk products and fruit, would be able to give birth to such an extraordinary wine!
Champagne Wine in a Bottle
Once bottled, there is another essential phase in the maturation of the Champagne wine. In the bottle, a light deposit forms itself naturally at the time of the fermentation, and it is necessary for the winemaker to bring it to the neck of the bottle. To achieve this, the bottles must be delicately stirred and turned every day for several weeks. Over the years, this phase of the work proved to be very dangerous. A third, and sometimes half of the bottles exploded under the effect of the fermentation. Now, in the era of Dom Pérignon, if glass bottles had replaced the pitcher to serve the wine at the table, it had never been used to preserve a wine in the cellar, and especially not a wine that “was working.” The master glass makers were accused of producing low quality glass bottles. They tried to improve on the product by imagining bottles in shapes of apples, which were wider and thicker. As these not well adapted for storage and transportation, they were very quickly replaced by bottles in the shape of a pear, a form still used today.
How to Appreciate Champagne
Well before the problem of the solidity of the glass was completely determined, and the opaque bottle in the shape of a pear had definitively been chosen to preserve this precious wine, the amateurs already knew the best manner to serve it and to taste it. The height of its refinement consisted, in fact, of pouring it from very high above to allow it to foam. If the goblet (which, according to the legend, was molded on Madame de Pompadour’s breast, a favorite of king Louis the fifteenth) had been used for a long time, it was soon realized that it presented two defects in the tasting of Champagne: the quick loss of bubbles owing to its too big opening, and the almost total absence of a bouquet. Therefore, the flute was soon the preferred beverage recipient. Today the connoisseurs still give preference to the flute, which they recommend to fill only at 60% in order to allow a space and thus preserve all the aromas. A true connoisseur knows also that to maintain its freshness, 8 to 10 degrees Celsius, and to enjoy the spectacle of the bubbles that climb back up to the surface as if by magic with a delicate murmur, the flute must be held only by the stem.
An Uncontested Success
Champagne, which was not originally called that but rather “gray wine of Champagne”, became an immediate success almost throughout France. Easily transported to the Parisian region thanks to the Marne River, the fame of the Hautvillers abbey and of Dom Pérignon was immediately recognized. And in Versailles, all were crazy about this precious, delicate and subtle nectar. Did Madame de Pompadour not say: “Champagne makes woman more beautiful and… gives spirit to the men!” The people of Bordeaux, however, would have to wait for the arrival of the railway to discover the effervescent treat. And the wide commercial success of Champagne did not materialize until after the First World War. “While all must be rebuilt, one resumes hope, one wants to live.” Champagne, then reserved for a certain social class, crossed socio-economic barriers and became a symbol of celebration for all.
Served as an aperitif, accompanying a delicate dish or a succulent dessert, or simply present to celebrate a happy event, Champagne is for all occasions. Whether it is contained in a Mathusalem, a Salmanazar, a Réhoboam, a Nabuchodonosor, a Jéroboam, a Balthazar or a Magnum… it will forever be the symbol of a good party. A bottle of Champagne is opened, somewhere in the world, every second, and millions of corks will pop at
the ringing in of t
he new year. We wish you all an excellent year with promises of peace and happiness!
Editor’s Note: Thank you http://www.FranceMonthly.com for your information and photos.
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Adrian Leeds, Parler Paris, French Property Insider and John Howell & Co. of International Law Partnership Present the…
Living and Investing in France
Real Estate Seminar
December 29, 2006
Chez Jenny, Paris, France
If you’ve always dreamed of moving to France, starting a new life in Paris, enjoying a “pied-à-terre” of your own part of the year or perhaps investing in property in France, this power-packed seminar is a MUST. Hosted by Adrian Leeds, Editor of the Parler Paris Nouvellettre^® and French Property Insider weekly e-zine and John Howell, lead attorney for John Howell & Co., International Law Partnership, London, this one day in Paris will put you on the right footing to make it happen!
We are very lucky to have two new presenters added to the roster, both of whom will be expanding on the idea of how to make your hard-earned savings grow, grow, grow, while enjoying every penny during your lifetime…particularly in such a beautiful place as Paris and France.
Let me introduce to you a new partner in John Howell’s International Law Partnership, Graham Platt. Platt is not only a qualified solicitor in England, but is also an admitted “avocat” (lawyer) in France who specializes in French Law and is an acknowledged expert in advising on property transactions in France. He is also completely bi-lingual in French and English.
For the first time, he will be joining John Howell during some of the most vital presentations!:
* Why Invest in Property in France?…
* How to Buy and Own Property in France!…
* and How to Minimize Your Tax and Maximize the Benefits!
Another surprise to top off an already impressive line-up of experts is Tarek Richey’s participation. A financial advisor for Raymond James Financial Services, he has lived in Expat communities his whole life having spent his younger years in the Middle and Far East, college years in the U.K. where he attended Wellington College continuing to the U.S.A. to study at Washington College, Maryland. Richey was District Manager of SunAmerica Securities before joining Raymond James Financial Services, Inc. where he is now focusing primarily on tax efficient retirement and income solutions — international wealth management with tax minimization and asset protection strategies to U.S. Expat individuals and business owners.
That may seem like a mouthful, but his clear and concise presentation will be the last and appropriately so: “How to Outlive Your Income!” — covering topics such as global tax issues, asset allocation and hedging the dollar/euro so you never outlive your income.
You will learn how to…
* Why Invest in Property in France?
* Find Your Dream Apartment in Paris or Home in the Country!
* Buy and Own Property in France!
* How to Obtain a Mortgage!
* Reduce Your Currency Exchange Risk!
* How to Minimize Your Tax and Maximize the Benefits!
* Rent Your French Property for Profit!
* Plus, answer all the rest of your questions during a Q and A panel with the presenters.
The Seminar Location
Historical Chez Jenny
39 boulevard du Temple
Place de la République
75003 Paris
“An authentic Brasserie with a soul, a style and a history.”
At the colonial exhibition in 1930, Robert Jenny had a kiosk where he sold produce from his region: salt-pickled cabbage choucroute, sausages and beer. Appreciating Parisian life and noting that the fine Alsatian products attracted the Parisians, this native of Strasbourg sought to set up business in the capital. He found just the right place not far from the place de la République, at number 39 boulevard du Temple. This was the hall where the former Victor ball was held. The quarter was lively, even though it no longer deserved the reputation of «Crime Boulevard» that it had had in the 18th century, when the plays billed at the many theatres in the area mainly drew inspiration from the items in the news.
The seminar includes a three-course lunch with Kir, wine and coffee!
Menu (subject to change):
* Kir Vin Blanc à l’Edelzwicker d’Alsace and Bretzels
* Terrine de Canard aux Pistaches, Chutney de Fruits Secs
* Suprême de Volaille à la Moutarde, Nid d’Alsace aux Légumes
* Crème Brûlée Caramélisée à la Cassonade
* Wine or Mineral Water, Coffee
Click here for more information and to register, or contact Project Manager, Schuyler Hoffman at [email protected]/parlerparis
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French Property Exhibition
Vive La France
January 19-21, 2007
THE UK’S NO.1 FOR BUYING IN FRANCE
French Property News are once again holding a French property exhibition at “Vive La France” – a celebration of all things French.
Ticket Prices: £8 in advance, £12 on the door
Tickets available from : 0870 013 0730 or visit http://www.vivelafrance.c
o.uk
Over 175 exhibitors – Estate Agents, Builders, Developers, Architects plus financial and legal advice.
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Property Consultation, Search and Relocation Solutions
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/consultation
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
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/consultation/fpibrochure.pdf
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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:
https://adrianleeds.com/frenchproperty/loan/moneycorpconvertor.html
Charts
http://www.Moneycorp.co.uk/members/charts.asp
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.
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Parler Paris Après-Midi
https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/apresmidi.html
NEXT MEETING: January 9, 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
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HOT PROPERTY PICKS: A Toast to Homes in Champagne
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/consultation
*** Champagne Ardenne, Villa, 18 rooms, approx. 300m²
House filled with character, 18 rooms, 3 kitchens, 6 bathrooms, garages, outbuildings and adjoining garden of 18 acres.
Asking Price: 380,000 € + 2.5% Finder’s Fee
 
*** Chalons en Champagne, House/Villa, 10 rooms, approx. 246m²
This house / villa (old house) of 246m² was built in 1800, with a land size of 4800m². It contains 10 rooms including 4 bedrooms, 1 bathroom and 2 toilets. The living room is 83m².
Asking Pr
ice: 427,800 € +
2.5% Finder’s Fee
 
*** Reims, House, approx. 350m²
Less than 2 hours from Paris in a small Champenois village. Superb house with fine fixtures and fittings and swimming pool. Situated in a leafy environment close to a river.
Asking Price: 480,000€ + 2.5% Finder’s Fee
 
 
*** Champagne, House, 11 rooms, approx. 300m²
Superb character house with 11 rooms, plus a 90m² keeper house and garage, on 1000m² of land in the centre of town, Vitry-le-François. 15km from the Lake of Der.
Asking Price: 680,000€ + 2.5% Finder’s Fee
 
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LEASEBACK NEWS FROM IMOINVEST
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/sales/leasebacks/lb_list.php
DOMAINE DU GOLF
France, Mediterranean Coast, Fabrègues
One Bedroom 28m² to 34m² €80,000 to €94,000
Two Bedrooms 41m² to 66m² €115,000 to €179,000
Three Bedrooms 80m² to 80m² €209,000 to €209,000
LEASEBACK PROPERTY
NEW LISTING
GUARANTEED RENTAL INCOME UP TO: 4.80%


PRIVATE GOLF COURSE 10 MINUTES TO OCEAN
New build cottages with spacious terraces and private Jacuzzis bordering a golf course with beautiful views of the open countryside. A haven of tranquility or just about the best place to relax and unwind, Fabrègues is a charming town ideally located close to Montpellier yet nestled between Tarn and Lot close to the Aveyron rivers in southern France. This charming Languedoc town is just a 20 minute drive from the ancient city of Rodez, an ideal base to explore this sunny area of southern France, including the picturesque Aubrac Mountains, the large Cevennes and the area dotted with ancient stone villages.
Bordering a 9 hole private golf course, Residence Le Domaine du Golf will comprise 110 semi-detached and clustered cottages surrounded by well-maintained landscaped gardens and 2 swimming pools. The gardens feature an attractive assortment of regional plants, olive and fig trees, fragrant herbs, and an open lawn. Apartments will be air conditioned, bright and sunny with, modern and fully equipped kitchens. In addition, apartments will give way to sunny wooden terraces with jacuzzis overlooking soothing grounds. The development will be highly secured with surveillance cameras throughout the pathways and parking.
Owners will benefit from up to 2 weeks of personal holiday use with a guaranteed rental income of 4.4%! The Languedoc region is showing excellent capital growth where prices are rising quicker than the national average, at around 20% per year, making this region another wonderful spot to purchase in.
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SEEKING A MORTGAGE IN FRANCE?
Let us help you secure a mortgage in France at a competitive interest rate. Visit https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/loan for more information or contact [email protected]

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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?
It’s easy…
1. Go to https://adrianleeds.com/frenchproperty/insider
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.”
Simple!
Of course, we’re always happy to help, so if you do need assistance, send an email to [email protected]
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INSIDER PARIS GUIDES DISCOUNT FOR FPI SUBSCRIBERS
Reme
mber, as an FPI Subscri
ber you can take advantage of a special discount on the popular Insider Paris Guides, plus get an extra 15% discount when ordering two or more guides. Choose from:
* Leeds Good Value Guide to Paris Restaurants by Adrian Leeds
* Insider Guide to Practical Answers for Living in France by Jean Taquet
* Writers Insider Guide to Paris by Elizabeth Reichart
* Insider Guide to Black Paris by Melinda Herron
Just visit http://www.insiderparisguides.com. When you order, a box will pop up allowing you to enter the special FPI Subscribers discount code:
Username: fpi
Password: subscriber
You’ll receive download instructions, then just save the guides to your computer. Happy reading!

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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/

==== CLASSIFIED ADVERTISING ===

PARLER PARIS APARTMENTS
https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/apartments
Email: [email protected]/parlerparis

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.

*** ATTIC LUMIÈRE

This newly renovated one-bedroom suite is located on rue Charlot, one of the most fashionable streets in the Marais district. The apartment style is contemporary, yet very warm and cozy, inspired by Alpine architecture with wonderful natural oak beams and materials such as marble and teak-wood floors. The large attic opens to the sky, thanks to a glass roof, perfect for those who wish to enjoy a bright environment, full of peace and serenity. The en-suite private bathroom with its extra large shower system of power hydro jets, makes the whole space extremely enjoyable and replenishing.
Air conditioned! 5th floor, no elevator. Sleeps 2 adults.
Pictures and more details available here: https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/apartments/rentals/atticlumiere.html
*** Le Panthéon
Rue Lanneau, 5th Arrondissement
This very cozy, typically Parisian one-bedroom apartment is situated on a beautiful, cobblestoned, pedestrian street directly across from the famous “Coupe Chou” restaurant in the heart of the Latin Quarter. Located on the 2nd floor (European, no elevator) of a traditional 17th-century building, with secure digicode entry, the apartment overlooks both the quiet tree-lined courtyard and the tiny, charming street. Exposed and preserved wood beams adorn the ceilings throughout the apartment, complimenting the warm decoration and home furnishings.
Sleeps up to 4.
Pictures and more details available here: https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/apartments/rentals/pantheon.html

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FOR SALE!
Exceptional Opportunity to Own An Apartment (or Two) in Central Paris
10 room apartment in Le Marais, near Arts et Métiers Métro station,
and just a 15 min
ute walk from Nôtre Dame. This apartment on the 4th floor is for sale jointly in two lots: One apartment (five rooms) for office use overlooking a 15th-century church and small garden. Plus, one apartment (five rooms) on the same floor with southern exposure. Includes two balconies, two bathrooms, two toilets, two kitchens (one equipped), two main doors, two cellars, each heated individually. One parking space is possible.
Price (to be sold together)
Housing lot: 800,000 €
Professional lot: 1,200.000 €
To visit, please submit your credentials (no agencies) to make appointment at: [email protected]

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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

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Copyright 2006, Adrian Leeds®
Adrian Leeds Group, LLC, http://www.adrianleeds.com