Avenue Bosquet 75007 Paris
1 bed, 2 bath: renovated luxury property with terrace and Eiffel Tower view
€ 129,000
Fractional ownership property (4 week shares available)

Apartment facts

Total n° of Rooms2
Size57 m2 / 613.55 sq ft
Floor4
N° of Bedrooms1
N° of Bathrooms2
KitchenFully equipped, open to living area
Floors (wood, tile)Herringbone wood parquet
N°of FireplacesYes
Balcony/TerraceYes

Luxe property with an Eiffel Tower view

This luxurious, well-appointed one bedroom, two bath 57 m2 4th floor (with elevator) apartment was carefully selected for its prime location and unique features, thus ensuring long-term investment potential. A total renovation preserved historic features, combining them with modern upgrades to create a timeless, beautiful home from which to explore Paris and beyond. The property also offers top-of-the-line concierge and professional management solutions to ensure that this sound investment is also a great vacation. Owners enjoy the property to the fullest while letting someone else manage the day-to-day details.

Calendar management, maintenance and administrative details are handled by professional managers on behalf of the owners.

Hassle-free Ownership

The project is specifically designed to meet the needs of those who dream of owning a second home in Paris but have been discouraged by tighter rules on short term vacation rentals, which can leave non-resident property owners with vacant properties and frustrated investment goals.

For Paris lovers who would like to own a Paris apartment but simply would not use the property often enough to justify the expense, Carainne might be the perfect solution. By sharing ownership with like-minded Paris lovers, you can have your dream Paris apartment with none of the hassles. By rotating time in-residence, carrying costs are covered for the entire year.

This luxury fractional ownership property gives those who have always dreamed of owning an apartment in Paris the opportunity to have a charming and wonderfully renovated place in the heart of historic Paris, with perhaps the best view in the world – all for a fraction of the cost and none of the risk.

Each owner will each have four weeks in this beautiful and luxurious Paris apartment, with fully deeded ownership that can be sold, or passed on to heirs.  The weeks will be chosen each year, two weeks at a time, in a two round draft rotation by owners, so that owners can have a different configuration of their weeks each year. 

Own a luxury property at a fraction of the price. Best of all, they have the assurance that Paris Perfect stands behind it with twenty years experience serving our guests with impeccably maintained and remodeled apartments including our own linens, laundry and full-time staff.

 

Apartment Details

Truly your home in Paris.  From bookshelves filled with excellent guides to our luxury beds and signature luxury linens waiting for you.

  • One bedroom, plus a comfortable sleeper sofa in the living room, and two full bathrooms allow 4 to sleep comfortably at the property.
  • A fireplace in the fully equipped kitchen area provides atmosphere and charm.
  • The stylish adjacent dining area features a round table place in front of the fireplace.
  • Both the dining and living areas offer double French doors onto a balcony / terrace.
  • The terrace and all main living areas have massive, unobstructed views of the Eiffel Tower, ensuring a front row seat to magical light displays every evening.
  • Individual storage lets you travel light and keep personal effects on-site.
  • 850 gsm towels and beautiful soft 350 thread count sheets.
  • Fully Equipped Kitchens; additional appliances available on request
  • High-Speed Wi-Fi
  • Pillow Top Mattress
  • Washer and Dryer
  • Air-conditioning (portable)
  • In-Room Safe
  • Ample Storage Space
  • Iron, Ironing Board, Umbrellas
  • Cribs available on request
  • The  renowned convenience, services and amenities of Paris Perfect
  • Each owner can leave 2 suitcases which will be delivered to the apartment when you arrive so you can leave personal belongings between visits.

Terms:

  •  Annual maintenance fee of 2,550 € covers building management, insurance, bank charges, accountant, property taxes, utilities, supplies, linens, personal item storage, and property management fees, plus a contribution toward a longer term maintenance fund for regular updates to the apartment as well as minor building assessments.  This fee will not vary with the number of owners (ie: you won’t pay more if all the shares aren’t sold).
  • 2 weeks + 2 weeks: Allocation is based on a rotation draft system so all owners will participate in the most popular weeks. The first round locks in two consecutive weeks and a second round guarantees two more consecutive weeks.
  • As with other well-run properties, weeks can be exchanged with the other owners, or lent to friends and family.
  • Storage and 7 day per week service in Paris
  • An unbeatable price:  €129,000 (agency fees included)
  • Changeover housekeeping is included in the annual fee.
  • Additional housekeeping available as desired by owner: 200 € / visit.
  • Extra charge to greet friends / family using the property and trouble shooting during their stay: 160 € / visit.

The offering is excellent and unique:

  • Unquestionably one of the best locations in Paris
  • One of the most beautiful interior designed apartments we have seen
  • Beautifully remodeled and maintained by our Paris team
  • Eiffel views and balcony
  • Weeks can be exchanged with the other owners, or lent to friends and family.
  • Your ownership share will appreciate with the market and can be sold or left to heirs at any time.

Neighborhood: 

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.

After a day spent exploring, the one bedroom, two-bath property welcomes you home to relax in front of the fireplace 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 silverware, linens, and small appliances. High speed internet and electronics keep you connected in your home away from home.

 

How will I choose my weeks?

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 the warm weather, when things slow down and you feel like you have parts of Paris all to yourself? 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:  Winters are mild in Paris; often a leather jacket and scarf are enough.  With fewer holidays and vacations breaking up the calendar, the expat 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.

 

 

FAQ

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 our own laundry.  Managing a fractional is an extension of the same.

 

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, syndic, utilities, 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. 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 company that controls the apartment is a US company and yes 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.  Our experience is that the shares are very liquid and sell relatively easily for desirable properties.

 

Q: Will Paris Property will rent out Cairanne 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.

 

Tour the property

 

Location

Paris: 7th arrondissement

Quintessential Paris, the 7th is divided into distinct neighborhoods each with a different feeling. The areas near Champs de Mars and bordering the 6th tend to be more highly prized, while the area near the 15th can feel very residential and quiet. On a sunny day, the 7th is perfect for strolling through the gardens of the gorgeous Rodin museum, or sitting on the Champ de Mars in the shadow of the Eiffel Tower, enjoying a picnic. The charming rue Cler abounds with produce, meat, cheeses, breads, spices and more are on offer, flanked by plenty of sidewalk cafés. The 7th is also home to many government offices, ministries and the Assemblée Nationale, seat of the French parliament. Sought after for it’s central location, proximity to parks and it’s spacious feeling, real estate in the 7th is the second most expensive in Paris, right behind the 6th. The Carré des Antiquaires, north of the Boulevard Saint Germain toward the Seine, is one of the most coveted residential addresses in the city. 

Average price: €12,684/m2; +5.1% over one year, +29.5% over 10 years

Stratospheric prices are becoming the norm in the 7th due to sustained interest by both foreign investors and residential buyers, and a general shortage of apartments on the market. Prices in the 7th are among the most expensive of anywhere in Paris, behind only the 6th.  The area around the Champs de Mars, Invalides and rue Cler are pricey, especially if they have a view.  The Carré des Antiquaires area bordering the 6th is where you’ll find some of the steepest prices.   Average price: 12,684€/m2, ranging from 8,937 € to 21,133 €/m2 depending on the area.

Current Market Prices — 7th arrondissement

Neighborhood Price/m2 in euros
Low Medium High
Saint-Thomas-d'Aquin € 9,647 € 14,215 € 23,849
Invalides € 9,159 € 13,386 € 24,111
Ecole-Militaire € 8,595 € 11,854 € 17,203
Gros-Caillou € 8,774 € 12,168 € 19,143

Inquire about this property
Contact us
By phone
In France +33 (0)9 75 18 18 99
From the US (917) 779-9950
By email
Norton
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