Posted in Paris / Ile-de-France, France

Fractional Paris' Luxurious Fractional on St. Germain's Rue du Bac

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Posted by This is a INDIVIDUAL posting lauracdg on 27-May-2008 :: Views: 13412 :: Posting ID: 32913

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  • Tags: fractional ownership, paris fractional, paris, fractional, real estate, fractionals in paris, france
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Fractional Paris' newest offering is a very special apartment, nestled between a private mansion and a large cobblestone courtyard. This part of Rue de l’Université is a quiet residential street, centrally located to many of Paris’s most popular attractions, best shopping, and exclusive art and antique galleries.

2 bedroom, 2 bath, 1223 square foot apartment on rue de l’Université in Paris' exclusive St. Germain district in the 7th arrondissement. The apartment is on the 2nd floor and overlooks a private mansion (Hotel Particulier) and its private gardens. This apartment was selected after an exhaustive search in this area of Paris over the past 24 months.

* Southern exposure, great light throughout the day
* 2 bedrooms, with 2.5 bathrooms
* Gourmet kitchen with granite countertops
* Living room with working fireplace
* Formal Dining Room
* Elevator
* Full size washer & dryer
* Extremely quiet apartment with lots of chirping birds and light breezes when the windows are left open - a truly relaxing retreat

The area features world famous cafes, restaurants, boutiques, pastry shops, museums and art galleries. Our fractional owners experience Paris, the world’s favorite destination, as a local, from the charm and comfort of their own vacation home, right in the center of the left bank neighborhood of St. Germain. The apartment is located just steps from many of the finest boutiques, cafes, restaurants, and art galleries. The quays of the Seine and the Luxembourg Gardens are only a five-minute walk. This unique luxury vacation home is available for fractional ownership.

The apartment is located in the heart of the ‘quartier antiquaire’ (art & antique district), approximately one block from the Musée d’Orsay, two blocks from the Seine River, and a five to ten minute walk to the following Paris attractions:
• The Louvre Museum
• Tuileries Garden
• Place de la Concorde
• Saint Germain des Pres
• Palais Bourbon
• Blvd Ste Germain

As an owner you will experience all of the benefits of your vacation home with none of the worry or drudgery that home ownership traditionally entails. You will also have the option of pampering yourself with an assortment of concierge services. Many of our co-owners tell us that the greatest benefit of our vacation home offerings is the level of care and service we provide. Owners love having no worry or responsibility for the maintenance of their home or the management of their investment. The privacy and small size of the group, and the fairness of all of the systems we have developed for vacation time, rental income and cost allocation make this a carefree and equitable real estate investment. Owners share our passion for travel and real estate, and trust Elite Destination Homes to look after them.

One of the reasons they are so popular is because since you purchase deeded ownership to your share of the property, banks offer more favorable financing for fractionals than for other shared ownership options, often treating them as second home purchases. Because there are far fewer fractionals available than timeshares, their value tends to increase, making them a better bet for banks to finance. Another benefit of fractionals that makes them popular to buyers is that many of them come with an option to upgrade to a larger residence if one is available. And some fractional properties are owned by organizations with units in other parts of the country or world, and they will allow you to transfer your scheduled time to one of these other properties. So you may own an oceanside unit in Florida, but can spend a weekend skiing in Aspen, while staying in the same luxurious comfort, often for no additional cost.

Our fractional ownership homes different from traditional fractional ownership homes in some fundamental ways:

* Privacy. Our co-ownership groups are small, typically no more than five owners per home. desirable, exclusive, and private locations.
* Investment Quality. Because we buy smart and have a fair fee structure, the appreciation on the property goes to you.
* Unique Co-Owner Selection. We have a unique mutual due diligence process that assesses whether co-ownership is
* Property Management and Concierge Services. We not only take care of all aspects of property management and administration, we will pamper you with a comprehensive suite of concierge services to assure that your vacations are memorable, meaningful, and totally trouble-free.
* Rental Income. We rent out the weeks that you’re not there to create an income stream for you.

To learn more, please send your details.

or call us directly:
in France: 01 72 77 00 39
from the US: 917-779-9950
from the UK: 0207 669 0108

Email: info@fractionalparis.com
http://www.fractionalparis.com

More posting information

  • Contact: Laura Sanders
  • Tel: 06 78 91 84 53
  • Maximium price: Not specified.
  • Currency:
  • Term: Not specified.
  • Rooms: Not specified.
  • Surface area: 117
  • Features:
    - Furnished
    - Equipped
    - Near Metro
    - Quiet
    - Elevator
    - Hardwood Floors
    - Fireplace
    - Bathtub
    - Digicode
  • Address: rue de l'Universite
    » Show map
  • City: Paris
  • Postal Code: 75007
  • State (if US/Canada): Not specified.
  • Country: Not specified.
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