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 are offering HiP readers the opportunity to own a piece of Paris. Specifically, a beautiful Marais apartment for sale, near the magnificent Place des Voges. For €215,000 per share, 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. Email info@hipparis.com and read on for more details!
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.
Bottom: A woman sits near the Place des Vosges Yannick Van Houtven / A local café @paris_by_tuula
Paris Apartment for Sale in Le Marais: 2 Bedrooms, 72 M2, €215,000 per share
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 new 2-bedroom apartment. The apartment is located near the picturesque Place des Voges in an elegant hôtel particulier (a 17th century urban mansion designed for aristocrats). Situated in the heart of the fashionable Marais, you will be surrounded by some of the best cultural offerings, shopping and gourmet treats that Paris has to offer.
Experience art de vivre at this 71.9 m2 (775 sq ft.) apartment on the second floor (3rd floor American with a large elevator). Place des Vosges, Musée Picasso, Musée Carnavalet, and much more are just steps away. Renovations will be to the highest standards. The interior will be a mix of contemporary amenities and comfort, and charming art and antiques that reflect the history of the building and neighborhood. The apartment benefits from a formal garden on one side and a cobblestone forecourt on the opposite end. This stunning property is a turn-key, headache-free way to enjoy and own in Paris.
Other Details
Shares can be acquired for a minimum investment of €215,000 for 1/13 ownership and four weeks of use per year. The apartment comes fully equipped and managed for co-ownership. Ownership of the property is structured as a US non-profit corporation. This makes it easy and safe for residents abroad to buy and sell shares. Enjoy hassle free Parisian living at its best. Email us here or at info@hipparis.com for more information on this wonderful fractional Paris apartment opportunity.
And….if this is not the flat you are dreaming of, you wish to spend more time than a month in Paris each year, or you are planning a vacation in Paris, France or nearby, we can help. Let us know the details! We look forward to hearing from you.
Related Links
- Explore Rue des Rosiers in Le Marais neighborhood.
- Looking for a place in Paris short-term? Check out our picks for best Parisian apartments for fall and winter.
- Or if you prefer staying in a hotel, we can help with our list of the 7 best hip boutique hotels in Paris.
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.
