Your Slice of France is a Fraction Away

Independence Day is almost upon us, as is Bastille Day—France’s national holiday—that celebrate each country’s revolutionary break from colonial rule or the monarchy and their founding ideals of liberty and democracy. Either way, in either place, we celebrate the ideals of freedom.

One of the freedoms we have is to be able to travel to other countries, and to live in other places so that we can experience other cultures. We have the opportunity to learn how others live, and in the process we learn so much more about ourselves, too. It’s an eye-opener…like taking the blinders off and opening our worlds and our hearts to things so new and different.

This is what Fractional Ownership enables you to do.

Think of it as the best of both worlds—a clever blend of full ownership and time-share convenience. Fractional ownership gives you real bricks-and-mortar in France, but without the full burden of going it alone. You share the property—and the expenses—with just a handful of like-minded buyers.

Most of the fractional opportunities I see (and love!) are turnkey gems: stunning properties that have already been expertly purchased, beautifully renovated, and stylishly decorated by a single developer. Then, the shares—usually six to thirteen in total—are sold off individually. Why? To keep your investment reasonable while still offering you a luxurious slice of Parisian (or Provençal!) life in a truly exceptional property.

I’ve developed nine properties myself since 2008, so I have quite a bit of experience developing, selling and managing the properties. We’ve learned what makes them desirable and fully enjoyable…and what doesn’t.

The properties that meet with our approval have a proper legal structure, a smart usage calendar, a great location, a “sexy” property that is well designed and decorated, professional management and a like-minded co-ownership. If all of these elements come together, then so does a great property. Developing the properties is not for the average homeowner who thinks they can make a quick buck by selling off shares of a property they own. It’s a real business with an investment in time and money and wherewithal.

Pacaso is one of those developers.

Their newest property on Rue Madame in the 6th Arrondissement in Paris is hot on the market, so don’t miss having a look!

Pacaso’s rue des Beaux Arts apartment in Paris only has one share left, so be sure to check it out and seriously consider ownership in this property.

Pacaso’s 79 rue du Bac has one share available. Natural light streams through expansive floor-to-ceiling windows, illuminating this bright two-bedroom apartment in the heart of the City of Light. This meticulously renovated 100 square meter apartment boasts of an excellent floor plan, and is on the 3rd floor (French) of a fine mid-19th century building with a lift.

We have two shares up for sale in our own one-bedroom La Belle Terrasse (in Villefranche-sur-Mer with a large terrace overlooking the port and Saint-Jean-Cap-Ferrat).

Shares in this property don’t come up often. Share Letters G and H, four weeks a year each, are an exceptional deal because they could be purchased together to provide eight weeks a year of usage…or because the shares are adjacent to one another, the two owners could trade their two adjacent weeks to create two blocks of four weeks each instead of being split into two weeks twice a year! (Hope that’s not too confusing!)

The asking price for each is 99,700€, plus refunding the owner a security deposit, a pro-rata share of the annual dues and what remains in the Reserve Fund. The transfer of the share can be done by our recommended attorney at the buyer’s cost of about $1,000. For all the details about this amazing property, visit our website.

Maison Bize is a 200-year-old beautifully restored village house in Bize-Minervois with four bedrooms and 2.5 bathrooms. How would you like to be spending your holidays in this medieval riverside village, surrounded by vines and olive groves and just a short distance from the Mediterranean Sea? Four five-week-a-year shares are on sale now from 55,700€ to 63,700€.

If you’ve dreamed of living next to the Eiffel Tower, then Chez La Tour will steal your heart away! Three fractional shares have come available at Chez La Tour—three of the best times to be in Paris: December for the holidays (!), January for the sales (!) and April for the luscious Spring (!). These are all glorious times of year to be in the City of Light! With a share at Chez La Tour, you can have it every year.

These shares don’t come available often, so now’s your chance to take advantage of the offerings. If you want to learn more about any of these properties, email us. And be sure to let us know which you’re interested in!

A la prochaine…