One in the City of Light, One in Provence: Two Shares Available…NOW!
Resale shares of Fractional Properties don’t become available very often. That’s because the owners love having and using their properties so much that it’s not unusual for an owner to hang on for at least 10 years. Some of our buyers have gone on to purchase their own properties so they can enjoy them year-round, others simply want to expand their horizons to other parts of the world.
(To familiarize yourself with Fractional Ownership, visit our website)
In this case, we have two Fractional Property shares to offer up—one in Paris owned by a veteran of Fractional Sharing, but who wants a different month of usage than he has. So, he’s selling his share in order to buy one owned by another shareholder at a different time of year. The other is a gorgeous village house in the heart of Provence whose owners want their own townhouse to use all year long. In both cases, the properties are amazing and I urge you to respond to this email as quickly as you can to beat the stampede to purchase them!
CHEZ LA TOUR, PARIS
33 Bd de la Tour-Maubourg, 75007 Paris
If you’ve dreamed of living next to the Eiffel Tower, then Chez La Tour will steal your heart away!
This spacious two-bedroom bourgeois apartment is situated in the heart of the chic 7th arrondissement, just one block from the Esplanade-des-Invalides, a short walk from the famous rue Cler open-air food market, the Hôtel-des-Invalides and yes…the Eiffel Tower. The location doesn’t get better than this for having a truly Parisian experience.
When the apartment was first developed as a Fractional Ownership Property in 2008, it had been reconfigured and renovated to maximize the space. Each bedroom in this classic French apartment has its own bathroom, and the living and dining areas have been rearranged to create an open plan for the living area. Now with 15 years of delightful usage by its 12 owners, plans to update and refurnish are in the works. You could easily be a part of that decision-making!
The entire 1st floor (European) in this Haussmann “pierre-de-taille” building has been dedicated to this apartment, located just 100 meters from the Métro station La Tour-Maubourg, and steps away from the popular rue Saint Dominique which is lined with shops, cafés and several famous restaurants. A two-minute walk brings you right to the River Seine. The neighborhood is as elegant as it gets in Paris’ chicest district.
Chez La Tour features stunning original “point de hongrie” chevron oak flooring throughout, intricate cornice and ceiling moldings in every room (even the bathroom), marble fireplace mantels in both the living and dining areas, and beautiful crystal chandeliers that evoke the classic French architectural period in which the building was built.
The living and dining areas are bright and airy, with five west-facing windows that flood the apartment with natural light. A large high-definition flat-screen TV (to be replaced during the refurbishment), surround-sound stereo/DVD system, and a work station with a DSL Internet connection and printer/scanner are also provided.
The primary bedroom suite is an oasis of calm, with two sets of windows overlooking a tranquil courtyard, a grand king-size four-poster bed, a double-door antique armoire with beveled mirrors (to be replaced by built-in custom closets in Phase I of the refurbishment), and a cozy sitting area perfect for unwinding after a long day.
The adjoining bathroom boasts of marble flooring and walls, a walk-in shower, vanity, and ample storage. Ornate ceiling moldings add to the overall elegance of the space. The laundry closet is equipped with a top-of-the-line full-size washer and dryer, and is directly accessible from the primary bedroom suite.
The guest bedroom has been thoughtfully relocated and now features its own ensuite marble bathroom with shower and sink.
The kitchen is adjacent to the living room, and is open to a spacious dining area with a non-working fireplace and seating for eight. Equipped with stainless steel appliances, many of which have been updated within the last two years—a new four-burner induction stove, dishwasher and refrigerator/freezer. The kitchen has granite countertops, and wood cabinetry, and is perfect for preparing everything from simple lunches to sophisticated dinner parties.
To ensure your comfort, the apartment is equipped with a portable air-conditioning unit (stored in the cellar during the colder months), making even the warmest Parisian nights cool and comfortable. Each owner is also provided with a personal storage locker in the building’s basement.
PRICE OF SHARE, MARCH AVAILABLE: 248,500€
+ Approximately 1,600€/year homeowner association fees
+ An annual reserve fund, to reimburse the seller.
+ Anticipate an assessment for Phase II of a planned refurbishment of 1,500€.
There are a total of twelve shares, each for one month per year. Owners may trade usage periods among themselves.
When you make your request, your offer will be forwarded to the current seller who will provide you with all of the necessary documentation and information. The share will be sold on a first-come, first-serve basis.
CHEZ MIRABEL, PROVENCE
9 Rue Général de Gaulle, 26110 Mirabel-aux-Baronnies
A stone village house in the heart of Provence…
Chez Mirabel is located in the perched village of Mirabel-aux-Baronnies in the Département de la Drôme with the mountains on the doorstep. It is a beautiful part of Southern France, with a wide variety of things to do and see. Views take in rich lavender fields, grapevines, and the soft gray of the olive groves.
There is a market held every Friday throughout the year, as well as cafés and restaurants. Chez Mirabel’s front door is on the Impasse des Fleurs (Passageway of Flowers), a pedestrian street. Its garage is on the quiet rue du Bourg. Both are just steps from the village’s bakeries, grocery, butcher, and other shops.
The property was developed as a Fractional Ownership Property at the end of October 2011 and then 12+ months were spent completely renovating it, including new main and summer kitchens, new bathrooms, new tile flooring, and new electrical and heating systems.
The house has been completely furnished with lovely Provençal furnishings and accents. Ten wonderful families happily use the home annually, each with five weeks of usage.
Chez Mirabel is a four-level townhouse in the center of the village. The levels, from bottom to top, are:
Lower level: The “entrepôt” (warehouse) is accessed from the rue du Bourg and consists of the wine cellar and garage. The garage also holds the owner’s storage lockers.
Ground level: The “séjour” (salon, living room) is accessed from the village’s Impasse des Fleurs pedestrian walkway. It consists of the kitchen, living room, dining room, den with a fireplace, a full bath, and a balcony overlooking the rue du Bourg (about 860 square feet = 80m2).
Level one: “Chambrés” (bedrooms)—consists of three bedrooms, a full bath, and a study (about 930 square feet = 86m2).
Level two: A terrace is on the roof consisting of a large outside area overlooking the village and surrounding hills (about 290 square feet = 27m2) and a media/activity room with a small “summer” kitchen (about 188 square feet = 17m2).
The interior total: approx. 1980 square feet = 184m2)
Mirabel-aux-Baronnies is just 8 kilometers south of Nyons, the olive capital of France, and a similar distance north of Vaison-la-Romaine, one of the most important Roman heritage sites in France. It is about 40 minutes from Montelimar’s high-speed TGV train ride to Paris and other European locations, an hour northeast of Avignon (Cité des Papes), and less than two hours to Marseille with its international airport and the Mediterranean. The region is renowned for its fruit, primarily apricots, is on the edge of the Côtes du Rhône wine areas, and is in the region of the world’s best olives. It also supplies 90% of France’s white (summer) and black (winter) truffles!
Mirabel-aux-Baronnies has a dry and warm micro-climate and because it is tucked into a small valley, is well protected against the Mistral winds. This area of Provence is truly a place for all seasons. In March the spring flowers push through; April sees the fruit blossoms; in May the vines burst into leaves, there is greening everywhere; and the first strawberries and cherries turn up in the markets. In June, and the hillsides are cloaked in lavender. A vast lavender harvest occurs in late June, early July with countless tiny distilleries in the region perfuming the air.
There are sunflower fields and olive, apricot and cherry orchards all around. July and August are high-season months, with the village’s “fêtes,” music festivals, and more. There’s always a breeze to cool things off. September brings the grape harvests and the autumn colors are amazing in October and November. By Christmas the olives are ready to harvest. Christmas brings its own traditions and superb food delicacies.
Ninety percent of the French truffles are found in the Baronnies region around Mirabel. They are a real delicacy and are called black or white truffles, depending if they have been found in winter or in summer. The village is only minutes away from many of the most elite vineyards in the world—the Côte du Rhône Cru vineyards of Vinsobres, Gigondas, Rasteau, Vacqueyras, and Châteauneuf-du-Pape.
If you want a bit more life, Nyons is only 8 kilometers away. It has a great street café culture and one of Provence’s liveliest open-air markets every Thursday and Saturday! It also has a cinema, many cafés and restaurants, an outdoor theater, tennis, supermarkets, banking and services. There’s a gigantic outdoor Municipal Swim Center with café—a great place for cool family summer fun, and another memorable public pool is found beneath the Marquise-de-Sevigny’s huge Renaissance castle at Grignan. Just a couple of kilometers down the road on the way to Nyons is Franceloc, a huge water amusement park.
ONE SHARE AVAILABLE: 97,500€
+$1,467/year homeowner association fees
+ $400 annual reserve fund
There are 10 shares, each 5 weeks/year (Allowing for 2 weeks of annual repairs and deep cleaning)
Each Annual Usage Cycle begins on the first Wednesday of the calendar year, and ends the first Wednesday of the next calendar year. The Wednesday-to-Wednesday weeks of each Annual Usage Cycle are numbered sequentially for reference purposes beginning with the number “1” and ending with the number “52.” In Annual Usage Cycles with 53 weeks, the third Wednesday-to-Wednesday week is not be numbered, and the next Wednesday-to-Wednesday week is be considered week number 3.
Ask us about the usage of the share available for 2023 and 2024, and be sure to visit our site page for specific details.
The share will be sold on a first-come/first-served basis. When you make your request, we will forward your interest to the current owner who will provide you with more information and the supporting documentation.
NOTE: These shares will not last long! The faster we receive your inquiry, the higher on the list you will be! Click on the email links we’ve provided so you can be first in line (or soon after!). Good luck to the two lucky new owners!
A la prochaine…
The Adrian Leeds Group®
P.S. Fractional Ownership is a perfect way of combining lifestyle with investments! To learn more, visit our site and see all of our Fractional Ownership properties on the market today!