SPECIAL EDITION TO A VERY SELECT GROUP: A Treasure of a Fraction…Can Be Yours!
You are one of a very small and select group receiving this advance notification…because sometime in the past you expressed an interest in owning a fraction of a property in France and becoming one of a homeowner body that operates and uses one single property. This offer comes to you in advance of our posting it to our entire community — so, you’re getting a first chance to purchase a share in one of the finest properties in Paris!
Once upon a time, there were a number of properties that fit this description in Paris. The properties were located all over the city and their usage calendars differed from one to another. There were a few different developers who knew how to do it right. The shares got scarfed up faster than they could be promoted.
I was very much a part of that revolutionary time, not only as the developer of one property (Le Palace des Vosges), but as the property finder for another developer and one of the marketers having sold dozens of shares ourselves on behalf of a few different developers. Over the years, a few shareholders have wanted to resell their shares and we’ve helped them find buyers.
A share is a highly marketable commodity, especially in today’s Paris where apartment rental has become increasingly difficult. Short-term rental properties are under attack by the city and that makes it harder to find suitable accommodations by part-time residents. That makes Fractional Ownership even more interesting — as a way for a regular visitor to Paris to have a place of their own without the expense and hassle of individual ownership.
As an owner of a share, you have the advantage of a luxurious property at a fraction of the price and decision-making shared by the entire ownership body making it virtually hassle-free. You arrive, you walk in with your luggage, and you make yourself right at home.
The good news is that one share is now available in one of the city’s best fractional properties — Le Petit Trésor.
Located on a quiet tree-lined cobblestone “passage” called rue du Trésor in the Bas Marais (4th arrondissement), this one-bedroom, one-bath, 56 square-meter (600 square-foot) apartment is just steps from the Hôtel de Ville and Métro Saint-Paul. Vehicle traffic is prohibited on rue du Trésor so that pedestrians can stroll freely and soak in the beauty of this oasis of tranquility. Gorgeous Haussmann style buildings line both sides of this passage along with shops and restaurants. This little gem of a passage is truly “un trésor,” a treasure. At the very end, on the 5th floor of such a building, lies “Le Petit Trésor,” overlooking the historic Fontaine de la rue du Trésor.
To read more, click the links below.