SPECIAL EDITIONS: Apartment on a Garden in Le Marais…For One Month. It Can Be Yours!
Fractional ownership was so popular in the early 2000s that properties were springing up like tulips all over Paris. One in particular, situated on a private garden in the heart of Le Marais just off the well-known pedestrian street of rue des Rosiers, was a property we discovered for the fractional developer who purchased it sight unseen — just on our recommendation. The property was so special, that it was scarfed up by new owners virtually in the blink of an eye…and just now, after close to 10 years since it’s been shared by 12 owners, has a share coming up for resale!
When you first step inside the beautiful stone-edged doorway, just a few steps off rue des Rosiers at 17, rue Ferdinand Duval in the 4th arrondissement, you will know you are in for a treat. Rue Ferdinand Duval of the “Saint-Gervais” quarter begins at 18, rue de Rivoli, ending just at rue des Rosiers. Emile Gustave Ferdinand Duval (1827-1896), for which the street was named, was once the préfet of the Seine and member of the city council. This part of rue Ferdinand Duval has existed since the 13th-century!
Ever since Rue des Rosiers was cobblestoned for pedestrian use only, the boutiques have gotten chicer and it has become a beehive of activity from all walks of life. Property in Paris on pedestrianized streets have all become more valuable and this particular part of Le Marais has started to top even the 6th and 7th arrondissements. (See Google Map)
It is also literally just a few minutes by foot from the Métro (Saint-Paul), the Seine, Place des Vosges, and several wonderful museums, including the Musée Picasso and Musée Carnavalet. Walk through history as you enjoy the ancient hôtels particulier which have been around since the earliest days of the city, like Hotel de Sens and the Hotel du Sully. The Marais is truly the heartbeat of Paris! This very special apartment was featured in the New York Times!
Entering the building and then up just a few steps, the “Jardin Saint-Paul,” is a 77.4 square meter (833 square feet) two-bedroom apartment with a window in every room that overlooks the beautiful and tranquil garden from two sides. The ceilings are several meters high with ancient exposed beams. A contemporary and beautifully appointed kitchen is to the left with a view of the garden out large windows. A dining room table sits comfortably in the next open space and beyond is a spacious living room. A hall to the left takes you to the bedrooms and bathroom, each with a large window overlooking the garden. Much of the original stone walls have been exposed and the bedroom floors are a deep rich dark wood.
This apartment is part of a “vieille maison” dating back into the 1800’s. It features original exposed wood beamed ceilings, natural stone walls, working fireplace, modern renovated kitchen and bath, and six full-length windows overlooking a tranquil courtyard garden. The apartment has been completely updated, with new Ipé hardwood flooring in the living and sleeping areas, new soffit lighting, new marble bathroom, updated fully equipped kitchen with granite and stainless countertops, top of the line Miele appliances, stocked with fine bone china and crystal stemware. Included with the furnishings are all of the conveniences as well, like a new washer, HDTV, high speed DSL Internet connection with laptop computer, and free phone calling to over 40 international countries, including the US! Throughout the apartment are elegant antiques and original artwork. The apartment can comfortably accommodate up to six people.
Each share represents one month’s ownership. Le Jardin Saint-Paul, WAS priced at 147,900€ per share, but there are no shares left, other than this re-sale share (that don’t often come on the market). This share’s next month’s stay is August 2016, and then the following stay is November 2017. The rotation of the stay is a three-month rotation until a full rotation is met and then it skips to the next month.
This one is priced very reasonably at only $145,000!! And there are no closing costs. Annual homeowners association fees are approximately $1,550.
This share is sure to sell quickly! For more information visit adrianleeds.com/french-property-fractional/le-jardin-st-paul and be sure to email the owner with your questions: [email protected].
A bientôt ,
The Adrian Leeds Group
Respond to Adrian: [email protected]
P.S. For those wishing more information about Fractional Ownership, please visit our Web site