Fractional ownership means buying a share of a Paris apartment, typically 1/6 to 1/13, giving you exclusive use for 4-8 weeks per year. Unlike timeshares, you own actual real estate equity and can sell the share or will your share to your heirs. If you do decide to sell, most agreements give other owners first right of refusal. While the market of buyers is smaller than for whole ownership, there is stable demand for shares in high-quality Paris fractional ownership properties. Paris Property Group has developed and resold fractional ownership properties for almost 20 years.

Shares typically range from €125,000 for a small apartment to €600,000 or more for luxury apartments in prime areas. Annual maintenance fees run from €4,000-8,000 for a 4-week share, depending on amenities. This gets you partial ownership of an apartment that might cost €1-3 million or more to buy outright.

Most fractional ownership properties offer a combination of fixed and rotating weeks for each share. Some have a rotation schedule fixed into the future, while others use a rotating schedule where owners select weeks in a different order each year to ensure fairness. Most properties allow trading weeks with other owners or even access to properties in other cities through reciprocal agreements.

Yes, you can structure a shared ownership arrangement for your Paris property through a legal entity, and then sell the shares in that entity to new owners. Paris Property Group can help set up the legal framework, renovate and furnish, manage share sales, and handle ongoing operations. If you are not yet a Paris apartment owner, PPG's buy-to-share program helps you purchase a whole apartment, then sell shares to recover part of your investment while keeping usage rights. We handle all aspects of the purchase, renovation, furnishing, structuring the ownership vehicle, and marketing shares to qualified buyers. You typically retain 2-4 shares.

Main risks include co-owner conflicts over usage or maintenance decisions, potential difficulty selling your share, and dependence on management company stability. Always review the operating agreement carefully and understand voting rights and exit procedures. Paris Property Group solves these potential challenges: our properties enjoy a lock tight legal structure that spells out rights and responsibilities between the owners; we have a proprietary sale funnel that typically results in a successful sale within 2-3 months of listing; and we bring over 20 years of real estate experience to offer first-in-class concierge and management services for all our fractional properties.

Beyond the share purchase price, expect annual fees to cover property taxes, insurance, utilities, cleaning, management, and maintenance reserve fund. For a 4-week share in a luxury apartment, fees are typically €4,000-8,000 per share annually. One-time closing costs are approximately 1-2% of the share price.

Most fractional ownership agreements explicitly prohibit renting out your weeks on Airbnb or similar platforms. More generally, short term rentals in Paris are illegal except for apartments that have a special permit that allows them. Be sure to check the legal agreements and ask about rentals if they purport to allow them; if another owner is renting illegally, this puts all of the owners in the property at risk.