7th Arrondissement, Paris
3 BEDROOM APARTMENT, RUE DE l’UNIVERSITE
PURCHASE PRICE
US$295,000 - 4 week share
3 bedrooms I 2 bathrooms I 113 sq.m I MAP
Annual use: 28 days
KEY HOME ATTRIBUTES
▪ Spacious 3 bedroom, 2 bathroom apartment
▪ Perfect location in the 7th arrondissement
▪ 5 minutes walk to the Seine
▪ Full concierge service
QUARTERLY EXPENSES FOR 2024: $5,500
ABOUT THE 7th ARRONDISSEMENT
Paris is consistently ranked one of the most visited cities in the world, with over 30 million international tourists every year. Located on the Left Bank, the 7th arrondissement is a quintessentially Parisian district. Home to the iconic Eiffel Tower, it offers a perfect mix of some the city’s grandest sites combined with a village-like atmosphere.
A relaxed pace of life allows you to explore its sophisticated shopping, bustling markets and intimate streets lined with boulangeries, delis and charming bistros.
With its central location, the 7th is highly sought after and has some of the most expensive real estate prices in Paris.
ABOUT THIS HOME
The property is located in the heart of the 7th arrondissement and just 5 minutes walk to the Seine. A perfect location for exploring everything Paris has to offer - your very own luxurious pied-à-terre from which to enjoy the City of Light with family and friends.
Property features
A beautiful period apartment with a spacious living area, three large bedrooms, an elegant, fully equipped kitchen and two modern, marble bathrooms. The perfect blend of old and new – French and Italian design and furnishings combined with all modern amenities including satellite TV and free international calls to 49 countries.
The property overlooks a private courtyard and garden adjoining a private mansion. A striking feature is the natural light which enhances the beauty of the apartment.
Co-ownership arrangements
This is an opportunity to own a 4 week share of this stunning apartment valued in excess of 3.75 million euros. Expenses are shared between the owners and costs are budgeted each year by the management company and paid quarterly by the owners.
Owner use and Concierge
Owners have flexible usage throughout the year with no fixed weeks. 'Open enrollment' takes place in March each year when owners choose their days for the following year. An effective system is in place that deals with overlapping date requests.
Included in the annual expenses is your own concierge to look after you and ensure your your stay is a relaxing and memorable experience.
International Vacation Home Exchange
Owners benefit from the ability to trade for a stay in one of 50 homes in the Elite Destinations portfolio including New York, Turks & Caicos, St. Barths, Mexico, Costa Rica, California, Hawaii, Colorado, Utah with your concierge handling all the arrangements for you.