Only Two Shares Left!

“Pacaso,” not to be confused with the artist, Pablo Picasso (!), is a San Francisco–based company that has changed the landscape of Fractional Ownership in a big way. They claim that the company reached unicorn status faster than any other USA-based company.

Painting by Pablo Picasso

Austin Allison and Spencer Rascoff, ex-Zillow executives, co-founded the start-up in October 2020 and rose to a valuation of $1.5 billion less than a year later. Until recently, it was focusing on the U.S., but now…you’re going to see their name all over Europe…including France.

What they offer is different from what the individual developers offer (such as ourselves), because Pacaso is a luxury brand that we little guys can’t quite provide. The good news is that we have partnered with Pacaso to bring you the best of their properties.

Only two shares are left of their luxurious property at 79 rue de Bac in the chic 7th arrondissement and we’ve got them in our pocket for some lucky buyer!

A Pacaso Property:
Parisian elegance, 19th-century pied-à-terre
79 rue du Bac, 75007 Paris
2 Bedrooms/2.5 Bathrooms

THE APARTMENT:

The apartment is conveniently located in the 7th arrondissement, a quintessentially Parisian neighborhood filled with boutique shops and cozy cafés, not to mention the Eiffel Tower!—Paris’ chicest district.

As you can see from the photos, 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 on the 3rd floor (French) of a fine mid-19th century building with a lift.

The expansive living space and open plan kitchen allows for great entertaining. It comprises a spacious living/reception room bathed in sunshine, a fully-equipped kitchen, two bedroom suites each with its own bathroom, toilet and dressing room, and a separate toilet.

This fully air-conditioned home, which includes a cellar, is currently undergoing Pacaso onboarding and a design refresh. It will have all new furniture and be professionally decorated.

USAGE:

1/8 share enables owners to 45 days a year, typically between 4-6 stays based on Pacaso’s SmartStay Scheduling. Also see this page.

PRICE OF SHARES: (in USD)

Only 2 shares left at $605,000
Includes notarial taxes and fees
Stamp Duty: $28,000 (per share) – A 1-time payment due at the time of purchase of any real estate transaction in France
Monthly Operating Expenses (includes reserve): $1,025 (per share)
The shares will be sold on a first-come/first-served basis
Reserve your share with a $5,000 refundable deposit

For more information, visit our website.

T o reserve your share, contact us by email.

A la prochaine…