Weekly insights about property in France!

Subscribe and don't miss an issue!

The Rites of Paris Passages

The Rites of Paris Passages

Living on the Passages of Paris

(FOR SUBSCRIBERS ONLY)

French Property Insider

June 23 , 2005, Paris, France
https://adrianleeds.com/frenchproperty/insider

================================
Special Notice to FPI Subscribers
================================

* Please note our new format! Your weekly emails will NOT contain the entire newsletter. Instead, the lead of each article will appear, linking you then directly to the article in the complete newsletter on the Web site.

To access the site, you will need to know your username and password which you recently received by email. If you cannot recall it, click here https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/members/member.php and enter your email address or username to retrieve your password.

This is intended to be an improvement to the service by sending a smaller, shorter, more concise email that you can refer to as you like. We would appreciate your feedback to [email protected]

* Please also note there will be no FPI issue July 28, 2005 to allow for vacation.

Merci beaucoup and happy reading.

Adrian Leeds
Editor, French Property Insider
[email protected]

================================

Bonjour French Property Insider Subscriber,

Our property search offices are buzzing with apartment seekers who are trying to beat the August hiatus. We assume that both owners and agents will be vacationing at the beach or at their country homes, so searching out properties during this sacred time of year can be fruitless.

What’s NOT fruitless, however, is to get prepared for a possible investment in French property by gathering as much information as you can and planning for the future. This is the main reason we’ve decided to take the hazy, lazy month of August to hold our 10th French Property Conference/Seminar. Scheduled for the 10th, a one-day intense shot-in-the-arm everything-you-need-to-know about buying property in France, it will get you off on the right footing so you can avoid the mistakes and pitfalls. And what a perfect time to come, enjoy Paris Plage, the outdoor films at Parc de la Villette and having a glass of rosé at a sidewalk café.

For more information about the Invest in France Seminar, visit our site at https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/liveinfrance/IIF_AUG_2005/IIF_home.html

For those of you planning a forthcoming search, book your tickets for September and later. Some of our team will be traveling the second half of October for the Living and Investing in France three-day conference in San Francisco October 21 – 23 and New York City one-day Invest in France Seminar the following week. This is a good time to plan on attending the conference…or wait till after that so you can have our full attention.

We’ve just added some new services to our roster…relocation services that you normally only find for corporate clients…but thanks to a relocation specialist on our team, we can now handle just about any of your needs, including moving and shipping, registering your kids at school and of course, setting up utilities and a much-coveted French bank account. You can also depend on us now to find you a long-term apartment rental — assistance to include five visits and all it takes to negotiate a lease and do a walk-through. Scroll down for all the details.

Today’s issue has a few surprises. First, Paris has gotten more expensive to live in compared to other major cities, according to Mercer Human Resource Consulting. Maybe that’s not a big surprised, given the rates of exchange we’ve experienced this past year.

But, it hasn’t gotten noisier!…according to a new chart published by the City of Paris defining the decibel level by street and neighborhood. You’ll find this fascinating and useful, particularly if you’re contemplating purchasing property on the main streets or on a secluded courtyard…"quelle difference!"

We have a particularly interesting property in Paris just on the market and not currently listed with any agency…four levels comprised of one complete building on the Passage de Choiseul in the 2nd arrondissement owned by an American wanting to sell. It takes a special customer for such an unusual property, but it’s priced well and promises to be a very interesting location for habitation or rental.

Thanks to France Monthly, we take a look at the Basque Country including Bayonne, Biarritz and St-Jean-de-Luz (one of my favorite resort spots). It’s a hop-skip-and-a-jump to Spain from these southwestern cities, all oozing with charm and regional flavor. Scroll down to also see three properties in the region that might interest you and there are two leaseback properties on the coast to consider…now’s the season to think beach properties!

A bientôt…

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

P.S. Hope you are enjoying the Summ
er S
olstice as much as we here in Paris are…with Fête de la Musique just past, les Soirs d’Eté just starting and Gay Pride this coming weekend. Read Parler Paris for all that’s going on in Paris that makes this an even more exciting place for vacationers and a more profitable place for investors. To subscribe free, visit http://www.adrianleeds.com/parlerparis

================================

Volume III, Issue 25, June 23, 2005

In this issue:

* Living without the Noise
* Paris Gets More Expensive Than New York
* The Top 50 Most Expensive Cities
* Basking in Basque Country
* Paris Property Picks: Four Floors on a Passage
* Easy Search for Your Long Term Apartment Rental
* Leaseback News: Coastal Living
* New! Relocation Services for Individuals
* Today’s Rates of Exchange by Moneycorp Currency Brokers
* The Most Important Thing You Can Do This Summer
* Parler Paris Après Midi: July 12th
* Hot Property Picks: Basque Country
* What’s On the Auction Block This July
* Getting a Mortgage is Easier Than You Think
* Take Advantage of Your Insider Discount
* Things You Need to Know
* Classified Advertising: Mainly Monaco

===============================

Noise Pollution
By Adrian Leeds

Noise is the number one nuisance Parisians complain about according to a study made by INSEE in 2002. In the city, the audial ambiance is a variety of traffic, horns, building sites, open-air markets, festivals, alarms, voices…and it’s rare to be in harmony!

In Paris, the traffic is at the head of the problem. Close to 3,000,000 vehicles roll in Paris every day over 1700 kilometers of streets over 105 square kilometers of area. We hold them responsible for most of the noise: engine start-ups, horns, sirens and running motors and ineffective mufflers.

In 2003, the city of Paris published a cartography of average noise levels during the hours of 6 a.m. and 10 p.m. that fascinated site visitors, to the point of reaching more than a million over the period of one year. Learning from this experience, the city decided last September to continue their study of noise and to provide the public with a more detailed look at the noise levels by street and district for both day and night.

The study and site complete, this useful tool enables us to determine the worst offenders, find ways of reducing the noise levels and learning what areas of the city are most desirable for residence.

On the "Carte de Bruit," my street registers approximately 65 decibels, or the level of a dishwasher. The map also shows our building’s courtyard, with a decibel level of 55, that of a garden.

Regarding any property you are considering to purchase, I recommend using the cartograph to help you make a decision as to what level you can expect to live with on a daily and nightly basis.

Monsieur Yves Contassot is the "Adjoint au Maire de Paris chargé de l’environnement, de la propreté, des espaces verts et du traitement des déchets" and is responsible for this initiative.

For more information, click here:
http://www.paris.fr/portail/Environnement/Portal.lut?page_id=1285

To access the cartograph, click here: http://www.v1.paris.fr/fr/environnement/bruit/carto_jour_nuit/cartobruit.html

===============================

Tokyo Tops List and Paris Passes New York

Tokyo was ranked the world’s most expensive city based on housing, transportation and other costs.

10 COSTLIEST CITIES

1. Tokyo, Japan
2. Osaka, Japan
3. London, England
4. Moscow, Russia
5. Seoul, South Korea
6. Geneva, Switzerland
7. Zurich, Switzerland
8. Copenhagen, Denmark
9. Hong Kong, Hong Kong
10. Oslo, Norway
11. Milan, Italy
12. Paris, France
13. New York, New York, USA
13. Dublin, Ireland
15. St. Petersburg, Russia

 

Source: Mercer Human Resource Consulting
http://mercerhr.com/knowledgecenter/reportsummary.jhtml/dynamic/idContent/1095320;
jsessionid=TFEPY0YJGEKW2CTGOUGCIIQKMZ0QYI2C

Japan’s largest cities are the world’s most expensive with London in third place, according to a recent survey by Mercer Human Resource Consulting. New York, the most costly of American cities, placed 13th, following Paris which has risen from 17th most expensive to 12th. Yikes!

The annual report ranked cities based on the comparative cost of more than 200 items including housing, public and private transport, food, clothing and entertainment.

A few weeks ago, I reported on almost exactly the same findings, as researchers for MHRC found a bus ride in London cost $3.66 compared to $1.76 in Paris, 51 cents in Prague and $1.83 in Dublin.

Surveys are conducted in 144 cities around the world every March
. All cities are compared to New York, which is automatically given a ran
king of 100, Tokyo in comparison scored 135, Paris scored 102
.2.

The Mercer group explains the cost of living in London is high due to the strength of the pound against the U.S. dollar and cited the high cost of housing and transport as a major factor in London’s cost of living.

Exchange rate fluctuations have had a significant impact on the 2005 cost of living rankings, countries utilizing the Euro have experienced a rise in relative cost while locations using US dollars and currencies pegged to the US dollar have dropped.

"Many of the U.S. cities surveyed have fallen in the rankings due to the weakening of the dollar against the Euro, Canadian dollar and Asian Pacific currencies," Mercer research manager Marie-Laurence Sepede said.

The report also found the cost of living divide between the world’s cheapest and most expensive cities was narrowing.

===============================

===============================

Basking in Basque Country
By FranceMonthly.com

BAYONNE, CAPITAL OF THE BASQUE COUNTRY AND OF CHOCOLATE

According to an Aztec legend, it was the gardener from Paradise who brought the very first cocoa tree seeds down to Earth, to tropical America where the climate was hot and humid enough for them to germinate.

Christopher Columbus discovered this mysterious bean along with various spices, and carefully brought this treasure back to Spain. The Jewish community was quick to acquire the reputation of master chocolate makers, as they transformed the bitter bean into a delicious chocolate drink. Persecuted by the Inquisition, they had to run away and found refuge in Bayonne. They took along with them the precious secret recipe for this beverage, much to the displeasure of the Church, as it was said that chocolate possessed aphrodisiac qualities not compatible with the life of a good Christian. This devils brew created quite a stir, and the drink once exclusively reserved for the social elite very quickly reached the masses and became in the end a genuine treat for all people. Bayonne earned itself the unofficial title of European Hot Chocolate Capital and later built the famous Chocolate Museum.

The Love Chamber

Nature-loving hikers, golf amateurs, and more recently surf enthusiasts have all embraced the Basque Country as their promised land. Are you looking for endless fine sandy beaches, flower parks, deep forests, impressive golf courses, breathtaking waves for the most daring surfers and an exceptional microclimate? Well search no more… you will find it all in Anglet. This magical place inspires both serenity and fear. Indeed, legend has it that a young couple, whose parents opposed their love, came regularly to hide out in a cave at the end of the beach. One day, unfortunately, the rising tide caught them off guard and they were swept away by the waves, forever united. From that day on, the cave became known as the "Love Chamber" and attracted many other lovers who ventured inside of it, even Napolon I and Empress j2999ephine who could not resist their curiosity about the place. It is said that the empress even lost a shoe in the cave!

ST-JEAN-DE-LUZ: A PIRATES DEN

St-Jean-de-Luz is probably one of the most picturesque towns of the Basque coast.

Located at the mouth of the river Nivelle, this small fishing port offers the charm of typical Basque architecture and the pleasure of a particularly warm welcome. Originally, however, the prosperity of this town didn’t come from tourism or fishing, but rather from the activity of corsairs. These infamous, clever sailors were hired by the King of France with a "lettre de course" (privateering letter), and given the mission to chase British commercial vessels and seize their goods, in the name of, and for, His Majesty. Generously rewarded for their devotion, they were able to build themselves beautiful residences that still add much to the charm of the city today.

St-Jean-de-Luz also very quickly became a den for another category of sailors — pirates — who were either too destitute to serve the king or were simply motivated by greed. They stole on their own behalf. For many decades, pirates found the port of St-Jean-de-Luz to be an excellent home base.

Where Reasons of State Win Over Love

Although it was the corsairs who brought the town prosperity, it was an event of a much different sort, in the 17th century, that brought it fame. For several months, King Louis XIV the future Sun King had been very much in love. Barely 20 years old, he wasn’t yet interested in matters of state, but did enjoy spending happy carefree days in the company of one of Cardinal Mazarins nieces, Marie Mancini.

Cardinal Mazarin was determined to end the extravagantly expensive war between France and Spain that had been going on for more than 30 years. King Philippe IV of Spain, equally concerned, was ready to sign a peace treaty under the condition that the king marry his daughter, Infanta Marie-Therese. Negotiations got underway, while Louis XIV tried in vain to rebel. He begged, cried and defended his love for the young Italian woman. But reasons of state prevailed, his lover was ordered sent away in exile, and the royal wedding was organized in St-Jean-de-Luz, a few miles from the French-Spanish border.

On June 9th, 1660, the union of Louis XIV, King of France, and Marie-Therese, Infanta of Spain, was blessed in the church of St Jean Baptiste. As soon as the young spouses walked out of the building together, the door they had
just passed through was immediately sealed so that no one would ever
be able to follow in th
eir footsteps… The ensuing festivities were lavish, and so pleased Louis XIV that he bestowed many privileges upon the city in compensation for the cost of his wedding.

Though far from being a fairy tale, this marriage did allow the signing of a peace treaty that lasted 60 years, and the king who had left his true love behind, consoled himself well enough in other womens arms, albeit not in those of his lawful and nevertheless pretty wife…

BIARRITZ: MEETING PLACE OF THE JET SET

How could one have imagined that this medieval little whale fishing port was destined to later become the meeting place for some of the richest and most famous personalities of our modern times? Back then, Biarritz and the entire Basque coastline served as points of departure for the first explorers. Because whale fishing was a vital activity for the economy of the region, the mammals migratory movements forced the Basque fishermen to push the limits of their hunting grounds further and further. This is how the Basques discovered Newfoundland, Greenland and even South America.

Much later, during the 19th century, Empress Eugenie helped make Biarritz famous. She had known and loved this village since childhood, and after marrying Napoleon III, she decided to make it her summer residence town, bringing along with her courtesans and aristocrats who gave the city its airs of nobility.

This place is truly magical and its climate very pleasant. The beautiful and impressive "Villa Eugenie" later became the "Hôtel du Palais" (Palace Hotel) where many famous people from all over the world came to stay, whether they were kings, queens, princes, statesmen or movie stars.

Then came the casinos and the prestigious festivals that brought Biarritz its modern-day fame. Victor Hugo loved Biarritz. He wrote of it, in 1843: "I don’t know a single place more charming and beautiful than Biarritz". No doubt todays visitor will share his feelings while strolling along the "Corniche" (Coastline road) overlooking the Atlantic Ocean and facing the "Rocher de la Vierge" (Rock of the Virgin).

Editor’s Note: Thank you to http://FranceMonthly.com for the contribution of this article.

===============================

PARIS PROPERTY PICKS: Four Rites of Passage

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

A most unusual apartment has landed in our proverbial laps…a four-level apartment on a Paris passage…passage de Choiseul. The covered passages were constructed during two periods, between 1823 and 1828 and then between 1839 and 1847, allowing shoppers a beautiful, safe and weather-free environment. Passage Choiseul comes alive at lunch time with workers at the sandwich bars, Chinese and Greek restaurants, art supply shops and book stores.

One of the 4-story buildings that comprises the 19th-century Passage de Choiseul in the 2nd arrondissement, somewhat equi-distant from the Bibliothèque Nationale and the Opéra. The house is situated just at the rue St-Augustin entry of the Passage. Entirely newly renovated, the house is a blend of sleek modern elements and the warmth of the original, 19th-century oak interiors. Each of the four floors has been designed to maximize space and light, and an open feel pervades. While each floor has its own personality, the loft-like continuum remains uninterrupted. The commerciality of the two lower floors has been retained.

 

 

GROUND FLOOR: Presently used as a sitting room and an office, it is furnished with a custom-made floor-to-ceiling wood bookcase and desk; the flooring is a variegated blue Italian tile lain in a framed diagonal pattern. The ground floor has 3.35-meter (11-foot) ceilings and offers direct access to the cellar. The storefront window is "frosted" with a film that freely allows light to enter while prohibiting view from the outside. Heating for this floor is provided by an accumulator, a highly efficient mechanism that stores heat in its porous bricks. The efficacy of this unit serves to heat the floors above, although they too have individual electric units.

 

FIRST FLOOR: Kitchen, dining area. A Poggenpohl custom-designed workspace with ultra-modern utilities: Siemens convection oven with rotisserie, Siemens four-burner ceramic stovetop and a Liebherr stainless steel full-size refrigerator/freezer. Along with the original oak floorboards, the original oak spiral staircase and oak mountings of the half-moon window have all been refurbished.

SECOND FLOOR: An
open "Roman-style" shower area and intimate sitting room. While the toilet is private behind a partial wall (a new 50-liter/13.2-gallon hot water tank abov
e
the WC), the tiled shower and sink are open to the room. The floor, shower and hand-crafted sink are all fashioned from an ensemble of Italian ochre-peach-gray tiles. A portion of the room’s ceiling is a wall-to-wall glass panel, situated so as to allow light from the terrace above to stream down. The contemporary oak spiral staircase leading to the floor above (bedroom) was assiduously designed to follow the specs of the 19th-century staircase it serves to continue. A wrought-iron/water buffalo leather couch accents the sitting area.

THIRD FLOOR: Bedroom, terrace. The floor space is divided approximately three-quarters/one-quarter interior/exterior space. The interior bedroom floor is a mosaic of small black tiles and the top-side of the glass panel. The terrace, separated from the bedroom by a wall-to-wall insolated sliding glass door (and an electrically-controlled vertical metal shutter), is outside of the Passage’s glass roof and offers a view of the "toits de Paris." Approximately 5.6 square meters (60 square feet), it is tiled and has been furnished with an outdoor electrical socket and lighting fixture.


MEZZANINE: Above the bedroom, beamed. Beneath the pitched roof, the height of the mezzanine is a full story at its depth. Presently used as a wardrobe/dressing room, it has a view onto the terrace and could be designed as a bedroom or a second office. Furnished with an electrical outlet and lighting, it measures approximately 5 square meters (54 square feet).

CELLAR: Accessible from the ground floor. The stone-vaulted cellar with its cement floor is utterly dry and its cool temperature fluctuates no more than a centigrade degree or two throughout the year. It is furnished with electricity and water (a Miele clothes washer is in service), and new PVC plumbing has been fitted for the future instillation of a WC, sink and/or tub/shower, hammam/sauna. A new 100-liter (26.4-gallon) hot water tank has been installed that presently services only the kitchen sink.

Each of the four floors, and the cellar, measures approximately 23 square meters (248 square feet), a minor percentage of which (variably) is ascribed to space occupied by a staircase. The plumbing and electricity throughout the building are new. All appliances are top quality and new. Some of the home furnishings (couches, queen-sized futon bed, dining table and chairs, appliances, kitchenware etc.) are available for separate sale.

 

 


For a panoramic view of the passage, click here: http://www.insecula.com/salle/panorama_MS01990.html

Asking Price: 640,000 Euros + 2.5% Finder’s Fee

For more information about the apartment, contact Yolanda Robins at [email protected]

===============================

Apartments for Rent: Long-Term

The term "Long term" applies to furnished or unfurnished apartments available 1 month to three years. FPI provides a service to assist you in finding apartments in Paris or the adjacent suburbs based on your preferences, budget and needs. Our rental professional will provide an interview with you, an apartment search and selection, provide photos when possible, arrange up to five visits, assist you to negotiate the lease or on your behalf and do a final walk-through visit with you.

Long Term Apartment Search: $1450 Paid in Advance

To book your apartment search, click here: https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/booking.html

===============================

LEASEBACK NEWS FROM IMOINVEST
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/sales/leasebacks/lb_list.php

*** MARINAS DE TALARIS
France, Atlantic Coast, Lacanau

NEW LISTING

Two Bedrooms 50m² 172,555 Euros
Three Bedrooms 60m² 205,900 Euros to 208,170 Euros

LEASEBACK PROPERTY

GUARANTEED RENTAL INCOME UP TO: 4.5%

Excellent property in the Southwest of France with easy access to the beautiful Atlantic coast and vineyards as far as the eye can see. Lacanau has a beautiful white sand beach over 9 miles (14km) long, four clear fresh water lakes and a wonderful pine forest. With its ideal geographic situation, Lacanau boasts a superb microclimate with more than 2300 hours of sun per year. It offers over 60 bicycle trails winding through the forest and spectacular panoramic views, attracting sports and nature lovers alike. Activities range from walking, horseback riding, cycling as well as all forms of water sports, especially surfing for which this area is world famous. Take advantage of nearby Bordeaux, bustling and cosmopolitan with unforgettable vin
eyards and a varied nightlife.

Residence Ma
rinas de Tal
aris is situated in the very sought after Talaris area of Lacanau. The private, quality chalets are located just minutes away from a clubhouse, swimming pool, tennis courts and golf course. The Lacanau Ocean Golf Resort offers 18 holes, all within the picturesque setting of the surrounding pine forest. Two and three bedroom semi-detached duplex villas are equipped with kitchen, bathroom, parking and large gardens. Residents can benefit from apartments offering a large covered terrace and a private green garden around 700m².

Residence Marinas de Talaris is a terrific investment opportunity, with an attractive guaranteed return on investment. Lacanau is a celebrated holiday resort attracting visitors from all over the world year round. Merignac International Airport is conveniently located in the center of this area. The nearby vineyards of the region support a growing tourist business. Real estate prices in the Gironde department of France have risen at a higher than average rate of 15% in 2003, with around 20% growth generated from nearby Bordeaux. Whether buying a property purely for pleasure or as an investment, Marinas de Talaris is not to be missed.

*** LES FLORIDIANES
France, Mediterranean Coast, Aix en Provence

NEW LISTING

Studio 17m² 148,300 Euros
One Bedroom 25m² to 33m² 160,000 Euros to 310,000 Euros

LEASEBACK PROPERTY

GUARANTEED RENTAL INCOME UP TO: 5%

Rolling countryside, charming architecture, ancient fountains, antique markets, colorful Mediterranean pottery, beautiful cafés and terraces. Aix-en-Provence remains a beautifully preserved city where ancient traditions blend perfectly with modern development. Graced by one of the most superb climates of the region, Aix-en-Provence attracts over 800,000 visitors a year who come seeking the history and culture of Provence and the allure of the Mediterranean.

Nestled within the heart of this splendid village, Residence Les Floridianes offers 4 star excellence with beautifully designed studio and one-bedroom apartments. Enjoy fully equipped kitchens, air-conditioning, satellite TV, direct phone and a heated outdoor pool with solarium.

Residence "Les Floridianes" is situated in the heart of Aix-en-Provence only 400 meters from the main street Cours Mirabeau, and a five-minute walk to the bus and train stations. Often referred to as the "town of a thousand fountains," Aix-en-Provence is filled with ancient fountains such as the one found in Place des Quatre Dauphins where the fountain of the same name exists, erected in 1667. Another block up the "cours" is the moss-covered hot-water fountain dating back to 1734, although the 35°C (93°F) spring has been enjoyed for its healing properties for 2000 years.

Coveted for its privileged position between Spain and Italy, Aix-en- Provence has experienced great economic growth. Spa town, college town, cultural town, judicial and economic center, all of these labels fit Aix-en-Provence today. The 20th century saw strong demographic growth — from 54,000 inhabitants in 1954 to nearly 135,000 today. In spring 2000, the opening of a prestigious health spa has promoted thalassotherapy tourism. On a cultural level, the many international festivals such as the Festival d’Art Lyrique, have attracted music lovers from all over the world since 1948. Aix is also a university town, home to many famous art schools and several universities attracting more than 40,000 students every year.

PROPERTY DETAILS

Investment Type: LMP/LMNP – Residence de Tourisme

Program Name: Les Floridianes

Location description: Aix en Provence is located in the South of France in the Provence-Mediterranean region, Bouches du Rhone department. Aix has hot summers and mild to cool springs and autumns. September temperatures vary between 22-25°C (72-77°F), with little rain. December through February are colder.

The town offers a mixture of shops, markets, religious and architectural sites and historical sites. It is approximately 500 miles (800km) from Paris, 50 miles (82km) from Avignon, 95 miles (152km) from Cannes, 18 miles (30km) from Marseille, 110 miles (176km) from Nice and 50 miles (78km) from Toulon. Aix-en-Provence covers 45,960 acres (18,600 hectares) and has a population of 137,067.

Train service is provided between Aix and Marseille and Marseille-Provence International Airport approximately 30 minutes from the residence. Bus and train service departing from the center of town connects the residence to most beaches located along the coast such as Dros de Cagnes, Antibes, Golfe Juan, St. Raphael, Fréjus and St Maximin.

Completion Date: First Quarter 2006

New/Old property: Old Property, Partial Renovation Project (Notary Fee 7%)

VAT Advance: By the Purchaser

VAT Refund: Vat Refund (19.6% VAT on furniture and work only)

Rating: 4 stars

Number of Units: 57 apartments

Extras: Access for the disabled, multilingual staff, heated outdoor swimming pool, air conditioning, conference rooms with all amenities, large reception lobby for business tourism, lounge, breakfast room, satellite channels,
direct telephone and Internet, storage cellars, fax machines, photocopiers, bicycle shed, underground parking, cleaning
and
laundry services, balconies and terraces (depending on apartment), garden, dogs allowed and within direct proximity to the marina.

LEASE DETAILS

Rental Income: Up to 5% Net return

Occupation Option: No

Lease Duration: 11 years and 11 months

Payment of the rent: Quarterly in arrears

Rental Base: Tourists

===============================

FPI Property Search Services

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.

For more information, visit https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/propertyconsultation.html or contact Yolanda Robins, [email protected]

 

================================

FPI Offers More Relocation Solutions for Individuals

With the goal to offer our readers complete solutions to all their property needs, we are now providing the kinds of property and relocation services normally only found if a company were to move you and pay the hefty price to a relocation firm. Our customer service agent is a seasoned and experienced relocation expert who can help you settle into your new home with ease…at a price much more affordable for individuals.

See for yourself…

Solution #4: Property Appraisal Service

If you think you’ve find the right property, but are not sure if your getting the most value for your money, we provide a service that will assist you in making an informed decision regarding your purchase before you make an offer. We can perform an appraisal of the property and provide you with a proper valuation, including recent comparables of similar apartments, based upon size, location and amenities.

$290 Paid in Advance, applied toward other services should you choose to engage us further.

Solution #5: The "Après Vente"

After the sale, we can continue to help you settle into your new home.

Utility Connection Service: Includes connectivity of water, gas, electricity; phone, Internet and Cable TV; insurance for home, health, car.

Utility Connection Service: $450 Paid in Advance

Personal Finance Assistance: Includes banking advice and the opening of a personal bank account, Carte Bleue credit card service and other basic banking needs. This does not include mortgage investigation and assistance.

Personal Finance Assistance : $850 Paid in Advance

Complete Welcome Package: The full Welcome Package combines both the Utility Connection Serevice and the Personal Finance Assistance in one simple step and price plus a variety of other services. We can assist you in opening a French bank account and coordinate the activation of the utilities in your home or apartment, including cable TV, Internet, telephone, gas and electricity. We can provide you with a list of qualified moving and shipping providers, insurance companies and assist you in coordinating your move and placement of your homeowner’s insurance

Complete Welcome Package: $1000 Paid in Advance

Moving and Shipping Assistance: Whether you’re moving to France or moving from France, we can help you select a mover/shipper from the quotes of three companies, including appointment arranging and follow-up with departure or arrival assistance, including the termination of your lease, utility and other contracts, returns of deposits, and a final walk-through.

Moving and Shipping Assistance: $2000 Paid in Advance

Choosing the Right Schools: We can give you advice on which schools will be best for your children, both French and International and assist you in arranging appointments to meet with the administration and make the applications.

Choosing the Right Schools: $1000 Paid in Advance

Additional Services: We also provide other services such as replacement of locks and keys, coordination of rental property management providers, attend homeowner’s association meetings on your behalf and employ housekeeping services at the rate of $145 per hour.

For more information, click here:
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/appraisal-apres_vente.html

To book your services, click here:
http://www.adrianleeds.com/frenchproperty/insider/booking.html

===============================

       

TODAY’S CURRENCY UPDATE

Visit the FPI Web site and click on the link on the left panel "Click Here for Currency Convertor by Moneycorp Global Money Services" 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.

===============================

The Most Important Thing You Can Do This Summer

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).

August 10th, 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.

Space is limited, so don’t delay. Take just one full power-packed day, this coming August 10th — in Paris, France.

Invest in France Seminar
August 10, 2005
Paris, France

Click here to learn how…
https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/liveinfrance/IIF_AUG_2005/IIF_home.html

===============================


Parler Paris Après-Midi
https://adrianleeds.com/wp-content/uploads/newsletters/parlerparis/apresmidi.html

NEXT MEETING: June 14, 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

===============================

HOT PROPERTY PICKS: Basque Country

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

***BIARRITZ, 3 rooms, approx. 60m²

Right in the center of Biarritz! Duplex apartment on a garden with terrace. In perfect condition and includes separate kitchen, 2 bedrooms, bathroom, toilet. Individual heating, eastern exposure.

Asking Price: 282,000 Euros + 2.5% Finder’s Fee

 

 

***BIARRITZ, 4 rooms, approx. 125m²

A unique duplex that opens on to a 90m² terrace, panoramic view without obstruction. American kitchen, bathroom, toilet, balcony, second floor has 3 bedrooms. Individual heat, parking, cellar, terrace, elevator.

Asking Price: 498,200 Euros + 2.5% Finder’s Fee

 

***ST-JEAN-DE-LUZ, 6 rooms, approx. 215m²

Superb apartment on a garden with a private pool
. Large foyer, large picture windo
w, beautiful view. Has a fully equipped kitchen, three bedrooms, bathroom, toilet, plus a carpark and cellar. Individual electric heating, southern exposure, 500m² grounds.

Asking Price: 1,378,000 Euros + 2.5% Finder’s Fee

===============================

Paris Auctions
http://www.encheres-Paris.com

Next session: July 5, 2005, 2 p.m.

Notaires de Paris
Place du Châtelet
12 avenue Victoria
Paris 1st

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:
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/subscribersonly/articles/auctions1.html

2 Rooms 43,6 m²
142 rue du Faubourg Saint Denis
75010 PARIS 10th
Opening Bid: 115,000 Euros
Deposit: 23,000 Euros

 

3 Rooms 80,20 m²
9 rue de Villiers
75017 PARIS 17th
Opening Bid: 315,000 Euros
Deposit: 63,000 Euros
3 Rooms 70,51 m²
212 avenue du Maine
75014 PARIS 14th
Opening Bid: 225,000 Euros
Deposit: 45,000 Euros
5 Rooms duplex 165,10 m²
33 quai d’Anjou
75004 PARIS 4th
Opening Bid: 1,100,000 Euros
Deposit: 220,000 Euros
4 Rooms 92,01 m²
212 avenue du Maine
75014 PARIS 14th
Opening Bid: 300,000 Euros
Deposit: 60,000 Euros
Studio 27,8 m² furnished rental
30-32 rue des Cordelières
75013 PARIS 13th
Opening Bid: 98 500,00 Euros
Deposit: 19 700,00 Euros
2 Rooms 47 m²
27 rue Thibouméry
75015 PARIS 15th
Opening Bid: 50,000 Euros
Deposit: 10,000 Euros
2 Rooms 44,37 m² + parking
15 rue Rémy Dumoncel
75014 PARIS 14th
Opening Bid: 148,000 Euros
Deposit: 29 600,00 Euros

===============================

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.

RECOMMENDED LENDERS

Abbey National
David Anderson, Mortgage Advisor
[email protected]

Banque Patrimoine et Immobilier
Stéphane Denner,
ExPatriate & No Resident Service
[email protected]

Barclays
Contact Yolanda Robins
[email protected]

Entenial
Contact Yolanda Robins
[email protected]

GE Money Bank
Contact Yolanda Robins
[email protected]

================================

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 all
owing you to enter the following username/password

Order more than one guide at a time and you will receive an additional discount!

Username: propertyinsider Password: liveinfrance

================================

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
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/members/content/pastissues/index.html

To receive your free French Leaseback Report or the Paris Property
Report, click on
https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/members/content/reports.html

======= CLASSIFIED ADVERTISING ======

==APARTMENT RENTAL==

Monte Carlo Seaside — a dream view of Monaco and the sea!

Located at the french border of the principality of Monaco in Roquebrune Cap Martin — this big one bedroom flat of 600 square-feet with a terrace can easily accommodate one couple + one extra adult on a convertible sofa. Fully equiped kitchen, marble bathroom, private cark park, security doors, pure silence, fresh sea breeze, direct access to the quiet private beach at 200 meters, 5 minutes to Monte Carlo train station or bus stop, easy access from Nice international airport and Monte Carlo train station.

Visit https://adrianleeds.com/wp-content/uploads/newsletters/frenchproperty/insider/rentals/pfmontecarlo.html for lots more beautiful photos and to book your stay contact FPI_Monte-Carlo and ask for the French Property Insider Special Offer.

==APARTMENT RENTALS==

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.

================================

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

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

================================

Copyright 2005, Adrian Leeds Group, LLC

SHARE THIS POST

Leave a Comment





Adrian Leeds leaning against street fence in the sun

Let Adrian create a custom strategy for you

You can live or invest in France-now.

Property for sale

Click image for property details.

what's happening

Check out upcoming events, conferences, or webinars. Join us!

GET FINANCING

Learn about French Property Loan Information.

French Property Loan logo

Read & Subscribe

Dive into more by reading the Adrian Leeds Nouvellettre®

Better yet, subscribe to both and get the updates delivered to your inbox.

Adrian Leeds in red beret and sunglasses

Get started with your dream of owning property in Paris.

Advertise with Us

Deliver your message to 15,000+ Francophile readers in our Nouvellettres®

Save money on currency exchange. See who we use and recommend.