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Have you ever dreamed of owning your own home in Paris? Now is your chance!
Is there anything more romantic then Paris in the springtime … summer, winter or fall? Imagine waking up to resplendent views of the iconic Eiffel Tower or strolling down to the bakery for oven-fresh warm croissants. Picture yourself sipping a glass of champagne on your balcony or sampling one of the many fine restaurants in your chic 7th arrondissement neighborhood.
All this can be yours through a unique fractional ownership opportunity from Paris Perfect, the “grande dame” of luxury Paris vacation rentals.
From serene walks at sunset along the river, to cozy bistro dinners on a winter’s day, to French pastry classes and scouring favorite antiques markets for special finds, Paris is always new and interesting at every turn! See the full description and photos of Cairanne, the beautiful fractional Paris apartment.
For Paris lovers, here is your chance to share in the ownership of an apartment in one of the finest locations the city has to offer. This fractional offering from Paris Perfect provides the rare chance to own your very own apartment for a portion of the year.
We have created a special opportunity for 13 buyers to each purchase 4 weeks a year at one of our most desirable one-bedroom luxury apartments, the Cairanne. Email us for more details. Click here to see full details and photos of this apartment.
After facilitating the purchase and remodel of over 80 apartments and speaking with hundreds of guests about their desire to own an apartment in Paris, we realized most owners can only spend a small portion of the year in Paris and don’t want deal with renovation headaches or maintenance responsibilities.
With Paris real estate prices on the rise, investing in a fractional opportunity now provides the potential for investment appreciation and the benefit of shared ownership costs while fulfilling the dream of a relaxing stay one month of the year, at a fraction of the cost of buying, renovating and maintaining an entire apartment abroad. And with tighter restrictions on vacation rental properties in Paris, there are far fewer high quality short-term rental apartment choices available.
Please contact us for the share price. These are fully owned, deeded shares of the apartment which you can sell or pass on to your children.
The gracious Cairanne apartment has extraordinary Eiffel tower views, a balcony for champagne toasts at dusk and tasteful elegance throughout.
Renovated to the highest standards and meticulously decorated by a renowned design team, the one-bedroom Cairanne apartment has a spacious sunlit living room with French doors that open to the small balcony. A sleek modern kitchen and dining table invite entertaining or romantic dinners chez vous. The serene bedroom opens to the quiet inner courtyard. It can accommodate up to 4 people with use of the high quality living room sofa bed. There are two full bathrooms and a powder room. We invite you to see for yourselves:
Located on a handsome tree-lined street in the heart of the Left Bank, it is a stone’s throw from the Champ de Mars gardens and the Quai des Berges where you can exercise, cycle and picnic along the river. Within one block are the enticing restaurants and fashion boutiques on Rue St. Dominique, Rue de Grenelle and the famous Rue Cler with food purveyors and a rich selection of patisseries, boulangeries, charcuterie and cheese specialties. This neighborhood combines the best of convenience with luxury living.
"You have created a wonderful property and as former guests we are truly excited to have the opportunity to be part of it. We look forward to a life-long relationship with you and our new home in Paris." - Lory and Kevin
Located in the prestigious 7th arrondissement of Paris between the Eiffel Tower, the charming street market rue Cler, and the Seine River, the property is within easy walking distance of many major monuments, as well as charming market streets, cafés, shops and parks – making it the perfect home base for exploring Paris and beyond. More about our favorite Paris neighborhood.
After a day spent exploring, the one bedroom, two-bath apartment welcomes you home to relax in the spacious living room or on your own terrace, with its incredible views. French doors to the terrace allow for a choice of indoor or outdoor dining while taking in majestic views of the Eiffel Tower.
The top-notch renovation and interior design creates a timeless look that will provide years of enjoyment. Every need has been taken care of, right down to the flatware, luxury linens, and small appliances. High speed internet and electronics keep you connected in your home away from home.
This is a great problem to have, and one that has no bad answers. You’ll have two blocks of two weeks each. Will you come in summer when you can enjoy relaxing days and warm nights at outdoor restaurants? Will you come in the cooler months when the social season is in full swing and there are abundant activities to choose from? Here’s a look at what is great about every season:
Spring: Paris blooms early, often in February or March, and can be quite warm by May. The gardens and parks are all in bloom; it’s a great time to add on an extra leg to your Paris weeks with side trips to other spots in Europe (that’s what the French do!). Hitting one of the farmers markets and eating a picnic while sitting on your balcony is a great idea in spring. Explore trendy market streets and the surrounding neighborhoods like rue des Martyrs in the 9th, rue Mouffetard in the 5th, Marché des Enfants Rouge in the 3rd, and Marché d’Aligre in the 12th.
Summer: The banks of the Seine are converted into beaches and pedestrian areas, lined with pop-up venues to eat and drink while watching the river go by. The café scene is alive as the French still in Paris try to soak up all the sun they can. It’s a great time to take day trips into the country side to explore. The Loire chateaux, Champagne, and Bordeaux are all within two hours by train.
Fall: After the summer break, the city picks up its pace in the Fall. Join an expat group to make local friends, and get in on the walking tours, cooking classes, wine dinners, and excursions that fill up the fall and winter social calendar. Fall is also a great time to add onto your weeks visiting elsewhere in Europe, before or after your stay in Paris.
Winter: With fewer holidays and vacations breaking up the calendar, the social scene is in high gear October through April. Christmas is a treat with the city in lights and all the holiday markets in the month or so before. There is ice skating at the Grand Palais and in front of Hotel de Ville. This is the time of year to try all those new restaurants, since there is less competition for reservations. Explore all the covered passages with their holiday lights. Your new local friends are mostly around during this period, so it’s a good time to build your network.
Q: This is Paris Perfect’s first fractional property, can you describe why you decided to go this route and how it is different from how you manage your other properties?
A: The reason we decided to go this route is because we have an advantage — a complete operation to manage care of apartments in Paris. We will use the same French operating company as Paris Perfect with maintenance staff, to housekeepers, office and even a private laundry service for the linens. Managing a fractional is an extension of the same sets of services.
Q: How is the annual budget set for the property? Are there any additional costs?
A: All of the costs to manage the apartment including building charges, condominium fees, utilities, property taxes, turnover / cleaning, management, supplies, and a 5 to 10-year depreciation cycle for appliances and normal wear and tear, are included in the €2,550 annual fee paid by each owner. This is an incredibly reasonable, all-inclusive fee which makes ownership a natural decision for most. In addition, a substantial portion of the annual fee is set aside for a longer-term maintenance fund for the apartment and building.
Q: Will we need a French bank account, or be liable for taxes in France?
A: No, taxes will be paid by the US companies, which will own the apartment through a French SCI. Your ownership share can be sold or left to heirs as shares of a US company. These ongoing expenses are already factored into the annual fee detailed above.
Q: If there is any conflict among the owners, how is it to be resolved? If an owner doesn’t contribute their share or abide by the agreement, is there a system/process in place to resolve it?
A: The apartment is held by a US company and the contract will have a system in place to resolve conflicts or issues. Paris Perfect will manage it, not hand it off to a management company.
Q: If an owner wants to exit, will there be a chance among the other owners to purchase the share first? Is there a defined exit process for an owner who wants to sell their share?
A: Yes it will be a defined process. Other shareholders will have the first priority. We expect the share value to appreciate with the market.
Q: Will Paris Property rent out the apartment when not in use by the owners, and do you have an estimate of that revenue?
A: No the apartment will not be rented out when not in use due to current restrictions on short term rentals in Paris, though owners can make whatever arrangements they like with friends, family and other owners.
Q: If we wanted to secure a share, do you need a deposit or the funds upfront?
A: We will have a deposit and reservation contract available soon, with the full information package shortly thereafter.