If you’ve always hoped to own a pied-a-terre in Paris, the good news is you don’t have to be a millionaire to make your dreams come true. With fractional ownership you can spend up to a month every year living in a gorgeous Parisian apartment which you partially own. We have another opportunity for HIP readers to own a piece of Paris. Specifically, a beautiful Marais apartment for sale new on the market, steps from the rue des Rosiers, and near the magnificent Place des Voges. You can relax in your new home-away-from-home for up to four weeks a year. Enjoy afternoon strolls along the banks of the River Seine, warm baguettes, evenings of wine and cheese with friends, and Saturday mornings at your local market. Priced at €160,000 per share, This property is almost sold out, with 3 shares remaining so email info@hipparis.com at once and read on for more details!
![Left: Paris apartment balcony, Right: Paris apartment facade](https://hipparis.com/wp-content/uploads/2024/04/Paris-apartment-facade.jpg)
Before the city outlawed short-term rentals, purchasing a property and offsetting the costs by renting it out when not in use by the owner was a popular choice for investors and lovers of Paris. However, the city has cracked down hard on vacation rentals in recent years. Nevertheless, people are still looking for affordable ways to own in Paris. One popular option many people have turned to is fractional ownership.
What is fractional ownership?
Fractional ownership allows multiple individuals to share ownership of an expensive property. Owners pay only for their share of the time allocated in the apartment, along with proportional ongoing costs. This differs from a timeshare as it allows for use and ownership. It means enjoying a beautiful property in Paris, and likely benefiting from appreciation when you sell.
Paris Apartment for Sale in Le Marais: Fractional Ownership with Roi de Sicile Apartment,€160,000 per share
![Paris fractional apartment dining room view](https://hipparis.com/wp-content/uploads/2024/04/Paris-fractional-ownership-dining-room-.jpg)
If the idea of fractional ownership has piqued your interest, we are offering HiP readers the opportunity to invest in fractional ownership of a stunning apartment.
Experience the epitome of Parisian elegance with our fractional ownership opportunity at Roi de Sicile, located in the heart of the Marais district. This premier location is famed for its breathtaking 17th and 18th-century mansions, there is an abundance of top-tier restaurants in the Marais, and the densest cluster of museums in Paris.
![Paris fractional apartment bedroom view](https://hipparis.com/wp-content/uploads/2024/04/Paris-apartment-fractional-ownership-bedroom.jpg)
Prime Location
- Location: rue du Roi de Sicile, 75004 Paris, France.
- Cultural Hotspots: Steps from the historic rue des Rosiers, surrounded by Marais’ exclusive boutiques and eateries. Minutes from the Picasso Museum, Carnavalet Museum, Cognac Jay Museum, and the iconic Place des Vosges.
![The entry way and bathroom of the Roi de Sicile apartment in Paris.](https://hipparis.com/wp-content/uploads/2024/04/entry-way_bathroom-.jpg)
Apartment Details
![The white galley kitchen of the Roi de Scile apartment in Paris.](https://hipparis.com/wp-content/uploads/2024/04/RDS-Kitchen-montage.jpg)
- Space and Design: This 630 square foot (58.5 m²) luxury apartment features a convertible layout with over one bedroom, seamlessly transitioning a dining area into a second private bedroom with a Murphy bed for optimal space utilization.
- Modern Amenities: Equipped with a high-end SieMatic kitchen, including a Lacanche stove and state-of-the-art Miele and Bosch appliances. Essentials like a Nespresso machine, along with comprehensive dinnerware and cookware sets, are included.
- Elegant Interiors: An exquisite bathroom detailed with Ann Sacks/New Ravenna marble mosaic and a sophisticated rain shower. Additional comforts include an in-unit washer/dryer, Sonos audio system, and Samsung TVs.
- Accessibility and Views: Located on the French 2nd floor (American 3rd floor), accessible by elevator. Features a large balcony perfect for savoring your morning espresso or indulging in an evening aperitif.
![Paris fractional apartment dining room and bedroom view](https://hipparis.com/wp-content/uploads/2024/04/Paris-apartment-dining-room-bedroom.jpg)
Investment Details
- Purchase Price: Each share is priced at €160,000, covering all taxes, furnishings, and high-end equipment.
- Annual Fees: Set at €3980 for 2024, these dues are pro-rated at closing. They encompass weekly cleaning services, regular linen changes, comprehensive building maintenance, and utilities, along with a reserve fund for future enhancements.
- Ownership Benefits: Includes two fixed weeks and two rotational weeks annually, with options to exchange weeks with other owners, providing flexibility and variety in your stays.
This fractional ownership opportunity at Roi de Sicile not only offers a luxurious residence with historical charm but also serves as an ideal base for exploring all that Paris has to offer. Whether you’re looking to invest in a vacation home or seeking a strategic real estate opportunity in Paris, Roi de Sicile offers a unique blend of historical significance, modern comfort, and prime location.
![Paris apartment fireplace, dining room](https://hipparis.com/wp-content/uploads/2024/04/Paris-apartment-fractional-ownership-fireplace.jpg)
RELATED LINKS
- Visiting soon? Find out what to do in Paris in May.
- Looking for a permanent place to call home in the City of Light? Check out this gorgeous luxury Paris apartment for sale on Rue du Cherche Midi in St. Germain des Prés.
- On the look out for more Paris apartments for sale? Check out this selection.
Written by HiP Paris. Looking to travel? Check out Plum Guide and our Marketplace for fabulous vacation rentals in Paris, France or Italy. Looking to rent long or short term, or buy in France? Ask us! We can connect you to our trusted providers for amazing service and rates or click here. Looking to bring France home to you or to learn online or in person? Check out our marketplace shop and experiences.
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