A few months ago I wrote a
post about an interesting concept called fractional ownership apartments in Paris. In case you don’t remember, fractional ownership is where you own a
share in an apartment for a few weeks a year, year after year.
Last week Dwell Paris sent me information on a particularly appealing new offer I thought I would share with you. They are offering shares in Residence Jardin Luxembourg- 11 rue Cujas, a newly refurbished 58-meter/630 sq. feet one bedroom/one bath apartment on the fourth floor of an elegant 19th century Belle Epoque building with an elevator. It’s ideally located in the fifth arrondissement, near the legendary Sorbonne and the magnificent Pantheon and a stones throw away from the Jardin de Luxembourg, the most beautiful park in Paris. Rue Mouffetard one of the great food shop streets of the city and Place Monge, an excellent outdoor market are also close by.
Andrew Serkin and Timothy Gerwin combine 23 years of legal and development expertise to effortlessly guide you through the fractional buying process.
The luxurious but cozy
furnished apartment is set up to move right in and has all the amenities to
make you feel right at home including a state of the art kitchen, washer/dryer,
stereo with Ipod dock, Illy espresso maker, two flat screen TV’s with DVD’s,
phones with unlimited free international calls, computer with printer,
internet, and French cell phones at your disposal.
Four week shares are being offered, limiting the wear and tear of the apartment and can be divvied up in different combinations of either four consecutive weeks or two weeks at different times of the year. Prices start at $117,000 for a four-week share.
Now would be an advantageous time to seriously consider your dream move to Paris, especially for Americans, with the dollar being at its best rate in two years- 1.28.Also, even with the recent economic downturn, not only has Paris real estate retained its value, its value is still increasing.
If you prefer Paris like me, you won’t pass up this opportunity.
France
5 rue de L’Evangile, 75018 Paris
01-72-81-33-57
U.S.A.
250 Montgomery Street Suite 1200
San Francisco,California 94104
If only I had the extra money right now.
Posted by: YSLGuy | October 28, 2008 at 04:24 PM
Nice article. Bed room Interior is too good.
Posted by: armidale | February 12, 2009 at 01:08 PM
I love it . Great.
Posted by: [email protected] | August 29, 2011 at 06:29 AM