French Property Insider, Paris France -- A weekly e-letter sharing insights, recommendations, tips, and discoveries about property in both Paris and France.

Click Here for Upcoming Living and Investing in France Conferences and Seminars!

Search, Find, Buy, Renovate, Rent...and Marvelous Marseille

French Property Insider

(FOR SUBSCRIBERS ONLY)

French Property Insider

October 30, 2008
Paris, France
http://adrianleeds.com/frenchproperty/insider

Bonjour French Property Insider Subscriber,

While the U.S. is focused on who the next President will be, we're focusing on where to make the best property investments!...France, of course!

In today's issue of FPI, learn about how to go about finding the best properties -- very tricky considering there's no Multiple Listing Service! And then, don't miss leaning how purchasing property in France differs from what you'll find in Anglo Saxon countries...get ready -- it's not at all the same 'animal.'

We report on three renovation projects currently underway and a complete exposé of our newest and hottest Fractional Ownership properties.

Marseille is in the news as it's been named one of two European Capitals of Culture for 2013 -- and with that, perhaps you should be considering a property investment there or nearby. Check the Hot Properties for our suggestion of great finds.

The City Hall of the 3rd Arrondissement is opening its doors all night long to celebrate the U.S. Elections on November 4th, so if you're in the neighborhood, be sure to stop by. Also, don't miss the special Parler Paris Après Midi that same day at La Pierre du Marais, just opposite the City Hall on rue de Bretagne. Scroll down to learn more and plan on joining us for an afternoon of fun and political debate.

If you're watching the rates of exchange, you'll see the Canadian dollar broke a new record and we're experiencing a strong dollar that will make your purchase in France a real bargain! Now is clearly the time to buy!

A bientôt,

Adrian Leeds
Editor, French Property Insider
Email: fpi@adrianleeds.com

French Property Insider

P.S. Note that we're taking a break from FPI on Thanksgiving Day, November 27th, like we do every year, but you still get your full 50 issues a year as promised.

Volume VI, Issue 44, October 30, 2008

In this issue:

* Hardwork and Discoveries Highlight Renovations
* How You Can Find Your Dream Property
* The French Have Their Own Way
* Learn How the French Differ from Anglos on Property
* A Neighbrohood Eyes the US
* Marseille Receives Big Honor and Recognition
* The Difference Between Property Perceptions
* The "Insides" of Fractional Ownership
* French Property Fractional Offerings: Updated List
* Today's Currency Update from Moneycorp: Special Report
* Hot Property Picks: Marvelous, Messmerizing Marseille
* Multi-Million Dollar Leaseback: MOULIN DE REMERLE
* French Property Mortgage Assistance
* Parler Paris Apartments -- Le Penthouse Voltaire
* Parler Paris Après-Midi: Election Edition
* Managing Your FPI Subscription

Renovation Madness
By Adrian Leeds

Martine di Matteo, our associate Interior Architect, has three renovation projects currently in the 'full steam ahead' mode -- so intensely underway that one can barely walk into the apartments under construction. In each there were at least five workers, scurrying to meet their deadlines.

All three apartments are studio apartments of various sizes. Two are located in Le Marais and the third, in Montmartre. All three are designated as future vacation rental apartments, so they require being very well thought through not only for comfort, but for convenience and amenities.

Within the walls of the apartment on rue de Roi de Sicile (4th), Martine discovered beautiful 17th-century beams that will be left open to expose the hall and kitchen from the living/dining room and bedroom. Once a large studio, a bedroom has been added for privacy, one which will have an old window plus two sliding French doors to allow light, the illusion of space and create an original decorative effect.

The apartment on Cité Dupetit Thouars (3rd) is getting a different treatment -- opening what was two small rooms to one large space and enlarging the bathroom for added luxury. A drapery will privatize the bedroom when desired, allowing for the apartment to sleep four comfortably.

Martine's touch is evident in her brilliant use of space, color coordination in the form of fabrics and furnishings in creating what she calls, "one story." You may view some of her handywork by visiting the following short term rental apartments that have the "je ne sais quoi" we all cherish:

Le Pinot Noir
http://www.adrianleeds.com/parlerparis/apartments/rentals/pinot_noir.html

Le Deco
http://www.adrianleeds.com/parlerparis/apartments/rentals/deco.html

L'Aubergine
http://www.adrianleeds.com/parlerparis/apartments/rentals/aubergine.html

La Bonne Nobel
http://www.adrianleeds.com/parlerparis/apartments/rentals/nobel.html

Le Penthouse Voltaire
http://www.adrianleeds.com/parlerparis/apartments/rentals/voltaire.html

Finding Your Dream Property
By Adrian Leeds

Sure, you can find your dream property on your own now that the Internet has made available thousands of real estate listings at your disposal, but don't expect to find the 'cream of the crop.' And don't expect the real estate agents to have all the answers, or to want to give them to you, should they have them!

Here's how you can go about discovering the French real estate landscape on your own without 'falling into the pits' along the way and why working with a professional "chasseur" (house hunter or apartment finder) can make lots more sense...

There's no Multiple Listing Service in France. With more than 4,000+ agencies in Paris and 11,000 in France, each limiting their listings to their neighborhood or region, and reluctant to share their commissions with other agents, you could spend untold numbers of hours investigating each agency's listings.

More importantly, when a good property comes into the agency, their first method of selling the property is NOT to create a Web site listing, post it in their windows or advertise it in a print publication...but to make a few phone calls to the apartment finders who have a number of clients at their disposal. More often than not, as a result, our clients are the first to visit a property newly on the market.

If a property is being advertised, then you can guess that for whatever reason, it didn't sell quickly. You may learn after a lot of effort, just what that reason was, not evident at first sight.

There are lots of national networks and Web sites that advertise properties for sale (Century 21, ERA, Syndicat National de Professionels Immobiliers (SNPI), Fédération Nationale de l'Immobilier (FNAIM), Service Inter Agence (SIA), Explorimmo.com, Seloger.com and PAP.fr). When you peruse the listings, use this mainly as a reference to explore what is for sale where, at what price and which estate agents represent the best properties. THEN contact the agencies to find the better properties NOT advertised on the site.

Don't even begin to think about making a purchase before you set your goals and decide what and where you should buy. Ask yourself these questions:

What is the purpose? Primary/Secondary Residence? Mixed usage with

short term vacation rental? Long term rental for investment?

What kind of space? Apartment? Loft? House? Duplex? Office?

How many bedrooms/rooms? And how much space? Consider the following sizes:

* “Studio” (16 to 30 m2)

* “Deux Pièces” (2 Rooms, 1 Bedroom, 28 to 40 m2)

* “Trois Pièces” (3 Rooms, 2 Bedrooms, 55 to 80 m2)

* “Quatre Pièces” (4 Rooms, 3 Bedrooms, 90 to 140 m2)

How many bathrooms? How many Toilets? Do you need a tub or just a shower? Does the bathroom need accessibility from all rooms or just the bedroom (rental that sleeps 4 -- 2 in the bedroom and 2 on the sleeper sofa)?

What kind of kitchen? Separate kitchen? “American kitchen?” eat-in kitchen?

What type of building and what age? Haussmannian, Hôtel Particulier, Maison, Pierre-de-Taille? Contemporary with balcony and views? House in the countryside, village house, manoir, château?

What level? Rez de Chaussée (ground floor) How high without an elevator?

Extras: Parking? Balcony? Garden? Terrace? Fireplace? Parquet? Molding? Exposed beams? Cellar? Land?

And don't forget to determine what your budget is for the purchase! Will you be taking financing?

If you take a mortgage, then allow approximately 30% in cash: 20% down payment, 10% closing costs.

But that's not likely enough to cover a renovation budget. Allow approximately 2,000 euros per square meter for complete renovation with furnishings.

What other expenses can you expect?:

Monthly homeowner’s association fees, annual taxes (“habitation” and “foncière”), utilities, insurance, general repairs and maintenance.

And, now you're ready. So why use a professional service to help you find the property? Here's what they/we do...

2 HOURS: We start with an initial consultation. Together we discuss your goals and clearly define the search parameters.

2 DAYS: Then we search current agency and FSBO listings.

1 - 5 DAYS (and more depending on your length of stay):

We set up visits to available properties during your stay in France.

We make appointments with recommended lenders to establish your borrowing capability and encourage you to meet with the Notaire to create your “dossier.”

While visiting the apartments, we advise on the quality of the property and condition of building, make renovation suggestions (consult with architects, contractors and decorators if necessary), review the Copropriété meeting notes, past tax bills, electricity bills and other expenses and assist in negotiation with seller.

2 to 3 MONTHS: Once an offer is accepted, we coordinate all efforts to prepare the signings of both the Promesse de Vente and Acte de Vente, assist in obtaining a mortgage by working with you and the lenders we recommend, provide assistance in obtaining homeowners insurance and can represent you at the signing and closing if necessary with a Power of Attorney.

In addition, we advise on all aspects of the purchase, including providing the professional contacts to advise on structure,

taxation, etc., can assist in opening local bank account, activate utilities, facilitate renovation and interiors and then when all is said and done...help rent your property for profit!

While there are fees associated with the service, we find that the fees are outweighed by the savings you will experience as a result of the good advice, the reduction of costly trips to Paris and France and the know-how to manage the transaction effectively. Above all, because as consultants we work for the buyer, it acts as insurance that you will make the best possible investment by not relying on the advice of those who represent the seller!

The French way of selling real estate
By Bradley Inman

News analysis: Report on the European housing market, Wednesday, October 29, 2008

PARIS -- Countries often develop their arrogance from their great cities; thanks to Paris, the French exhibit a sense of specialism about their special place on the planet.

The French authenticity is difficult to challenge -- the bread, the wine, the architecture and the fashion to name a few distinctions. However, the country is often just downright different.

To read the article in its entirety, click here:

http://www.inman.com/news/2008/10/29/the-french-way-selling-real-estate

The Differences in Purchasing and Owning Property in France
By Adrian Leeds

Interest Rates Purchasing property in France is a different 'animal' from purchasing in the U.S. and other Anglo Saxon cultures. It is a complicated and laborious process, but as a result, virtually non-risk.

The cost of entry is higher, but the cost of ownership is lower, and tax laws encourage long-term ownership so that there is little speculation in the market. Below are just a few of the things that make purchasing in France a very different experience, but a very sound investment:

1. You might not believe it, considering France is such a highly taxed country, but it's no joke, property taxes are at least one-tenth of the taxes imposed in most US cities on property and in many instances, much, much less than that! Taxe d'Habitation is paid by the occupant and Taxe Foncière is paid by the owner, so if you rent the property, your tax expense is reduced by about one-half.

2. Property is not appraised nor inspected prior to purchase. A lending bank may send in an appraiser to evaluate the level of the loan they are willing to make, but it's not designed to protect the buyer.

3. French banks don't take the same level of risks and therefore, there are no subprime mortgages nor short sales. Banks lend based on income rather than collateral and secure the mortgage with the property itself and a life insurance policy that ensures the loan is paid back at the time of death.

4. Value Added Tax is charged on new build housing and taxes on resale properties are approximately 5.5% plus Notaire fees. The buyers pays these fees.

5. The purchase price of a property includes the agency commissions, normally approximately 5% of the purchase price. If the buyer pays it, it can be deducted from the sales price on which the taxes are based.

6. Attorneys and title companies are replaced by "Notaires" who are officers of the state that process the transaction and collect the taxes and fees. The fees are approximately 7% to 7.5% and are set by the government.

7. For Sale By Owner properties make up about 50% of the market, however, the agencies cannot require exclusive contracts, therefore a property may be advertised and listed with many different agencies at many different prices.

8. There is no Multiple Listing Service in France and the realtors are loathe to share their listings with other agents which would mean a sharing of fees.

9. Capital gains tax for non-residents of France reduce each year after the first five years so that after 15 years of ownership, a seller would pay no capital gains tax.

10. Becoming a real estate broker is a long and arduous task requiring capital start-up and licensing.

11. The seller is morally obligated to accept an offer of full asking price -- eliminating the need for 'bidding wars' to begin.

Editor's Note: Paris property values have steadily increased at 10% annually and sometimes much more. Because the cost of entry is about 7.5% of the purchase price of the property, and annual taxes are approximately .001 (or one-tenth of a percent) of the property, and after 15 years you pay no capital gains tax, then if you purchased a 500,000 euros property today, in 15 years, it would be worth 1,845,363 euros, or a profit of 1,345,263 tax free!

A Neighborhood in Paris Watches the US Elections

"La Nuit Américaine" (The American Night)

November 4th, the presidential election day in the U.S., is the center of a special event organized by the City Hall of the 3rd Arrondissement to "explore and understand the United States," as their publicity states...its history, its society, its political system, and of course, to follow the election results!

* 7 p.m.: Exhibition of photos by Jean-Robert Dantou titled "Paysage de Campagne 2008" presented by a representative of the American Embassy Paris and Mayor Pierre Aidenbaum

* 7:30 p.m.: Discussion -- "La situation politique et sociale actuelles aux Etats-Unis"

* 11 p.m.: Discussion -- "Enjeux du scrutins"

* 9:30 p.m. Film: "Little Miss Sunshine"

* 12:30 a.m. (November 5) Film: "Crash"

* 2:30 a.m. (November 5) Film: "Vertigo"

* 5:00 a.m. (November 5) Breakfast

Entry is free
Mairie de 3ème
Salle Odette Pilpoul
2 rue Eugène Spuller
75003 PARIS
Tél: 01 53 01 75 03

Marseille Selected as France's European Capital of Culture

FranceGuide.Com

Interest Rates

Marseille and the surrounding Provence area have been selected as a European Capital of Culture for the year 2013. The European Union's cultural commission awards the designation to two European cities each year. Along with the honor comes world-wide recognition, as well a subsidy to help the city develop its cultural offerings and, as a result, its tourism.

“Becoming a European Capital of Culture represents an extraordinary opportunity to mobilize and unite the inhabitants of an area, while ensuring an exceptional degree of international publicity,” according to the official Web site dedicated to Marseille’s bid for selection. “The implications of selection are considerable, not only in terms of cultural impact, but also as regards important social and economic knock-on effects.”

Each year two European countries are selected for the honor, and one city from each is selected as European Capital of Culture. For 2013, the countries will be France and Slovakia. Marseille-Provence will represent France and the city of Kosice will represent Slovakia. Marseille was selected from among several other French cities including Toulouse, Bordeaux, and Lyon. The city was chosen because of its “particularly successful mix of cultural quality, political involvement, and economic support,” according to the Agence France-Presse.

Interest Rates Cities wishing to become European capital of culture must prepare a cultural program that meets rather specific criteria, according to the EU: The program must reflect the European character of the event and involve the participation of the people who live there. The European flavor can be seen in the themes chosen and the artists and cultural organizers from different countries cooperating to put on the event. The program must also have a lasting and sustainable impact on the city's long-term cultural, economic and social development.

Marseille’s program will take the form of workshops – called “les Ateliers de la Méditerranée” – wherein masters of various arts and crafts pass their knowledge on to younger generations of artists, creators, and even offices full of everyday business people, encouraging exchange between countries in the process. The two aims of the Ateliers project are:

-- To promote regional cooperation in the Mediterranean to support peace, progress, and dialog between cultures.

-- To develop artistic and cultural activities in order to renovate the town.

To learn more about Marseille, click here: More on Marseille

To read more about the area's special cultural programs leading up to 2013, click here": Culture Programs

Editor's Note: Marseille has a very large buy to rent market, meaning that those wanting to gain money back from their property will have little difficulty doing so. See our Hot Property listings below featuring properties in Marseille.

French Versus English Property Market
By Charlie Fraser

VEF UK

I have been working in the French property market for almost five years and a lot has changed over this period, but one thing that has always been the same is the difference between people’s perceptions and the reality.

UK buyers always presume that when England’s property market is booming, that the French market is booming and that when the UK property market is in decline, that French market is in decline. Although there have been times when both markets have followed a similar pattern, there are fundamental differences between the two.

In the UK, we are brought up to believe that a house is as much an investment as a home. It is hard to go a day without seeing trends in house prices, whether they are increasing at unprecedented rates or in freefall. The French, on the other hand, see a house as a home and not an investment.

France has considerably higher fees than we are used to in the UK. The notaire’s fee is typically around 7% and the agent’s fee is around 6% to 8%. It is partly because of these fees that there has been considerably less speculative buying than the UK. Investors need to make at least 13% capital growth before they start to see any return on their property. As a result, the French market is more stable and does not see the dramatic fluctuations which are so common here in the UK.

France has been prudent with their mortgage lending and always demanded a minimum 25% deposit before considering a successful mortgage application. The subprime and negative equity problems we are seeing in the US and UK, simply don’t exist in France.

Although what is happening in the economy today is a global problem, purchasers must remember that markets are not all the same and although property prices here in the UK are falling fast, by and large, in France they are remaining stable.

It's Called Franctional Ownership
By Adrian Leeds

You likely already know lots about it. It's a pretty simple concept. You and a group of others share in the ownership of one property and then share the time spent in that property. It is NOT TIMESHARE.

A hybrid of direct ownership and time sharing, Fractional Ownership combines the best elements of both. The primary differences are that while timeshares involve many shares in a large complex with “resort” amenities and costs built specifically for that purpose, fractional ownership is joint ownership by only a few individuals in a single property whose value can easily be determined on the open market.

The key to making a good Fractional Ownership Property investment is the same as buying any property: location, location, location!

French Property Fractional, our division that specializes in co-ownership, makes a point of finding only the finest of properties in the finest locations, developed by the finest of savvy developers. It's our reputation at stake, so you can trust that we're never going to represent a property that won't deliver!

The Courtyard at 9 Place des Vosges Not long ago we introduced our own new Fractional Ownership Property called "Le Palace des Vosges" located in the Place des Vosges in the 4th arrondissement of Paris. Once this "maison" style apartment is renovated and decorated to palatial perfection, it will consist of two bedrooms, two baths, a powder room, laundry facility and will have usage of a storage locker and parking garage! There will be only 13 lucky owners, each with four weeks a year of usage. The occupancy is sheduled for May 2009.

I could spend 'hours' talking about it, but instead, find out more for yourself by visiting the Web site at Le Palace des Vosges.

There you will learn everything you need to know about it, except one important thing: the Purchase Contracts are NOW AVAILABLE (as of this emailing!)...and that means that the dozens of people who are already interested will have first shot at getting their shares.

That's why you won't want to delay a minute if you think you might be interested...as the first buyers will save the most amount of money and have the best pick of weeks.

There's a new apartment on our list of great Fractional Ownership Properties you haven't heard about before. It's called "La Résidence Luxembourg" and it's exactly that -- a beautiful spacious one bedroom apartment near the Jardin du Luxembourg in the 5th arrondissement. Heaven!

French Property Insider The location is fabulous! The apartment is stunning. Well designed and appointed. The developer is Dwell Paris, experts in Fractional Ownership. They're offering a lucky 13 four-week shares, also, and the apartment is ready for occupancy NOW! To learn more, visit La Residence Luxembourg.

You may already know about our two other sensational Fractional Ownership Properties offered by Paris Home Shares: "Chez La Tour" and "Le Petit Trésor." Paris Home Shares has developed four Fractional Ownership Properties -- experienced in providing quality apartments in top locations.

French Property Insider "Chez La Tour" is a beautiful two-bedroom luxury apartment in the 7th arrondissement near the Eiffel Tower. This is Paris' chicest district. Only four shares remain out of 12 -- specifically the months of November, December, January and March and it's already being enjoyed by the other owners. The shares won't last long, so be sure to visit Chez la Tour for more information.

The other is a one-bedroom apartment named "Le Petit Trésor." It is currently under renovation on the quiet and lovely pedestrian street of rue Trésor in the 4th arrondissement just off rue Vieille du Temple. It's on the 5th floor of a classic Haussmannian building with a long balcony and great views of Le French Property Insider Marais. You will want to visit the Web site at Le Petit Tresor to learn more.

When you contact Steve Navaro of Paris Home Shares, he can direct you to his Web site where he is documenting the renovation week by week. It's great fun to see the progress of how he's turning an old-fashioned French apartment into a contemporary and luxurious abode for its 12 owners.

If what you want is outside Paris in the countryside, then visit http://adrianleeds.com/frenchproperty/fractional/ for the other wonderful properties available.

Meanwhile, consider changing your 'present' for a more profitable, exciting and fulfilling 'future' in Paris. Take part. Share in the pleasure with a group of other happy owners in a solid investment you can enjoy for years to come and bank on increasing in value, while saving you money on hotels during your stays!

Fractional Property Offerings from French Property Fractional
http://www.adrianleeds.com/frenchproperty/fractional

If you are interested in traditional fractional ownership properties currently offered by our Fractional Ownership partners, see below:

	***NEW!!! Paris: La Résidence Luxembourg http://www.adrianleeds.com/frenchproperty/fractional
	Paris: LE PALACE DES VOSGES http://www.adrianleeds.com/frenchproperty/consultation
	Paris: LE PETIT TRESOR http://www.adrianleeds.com/frenchproperty/fractional
	Paris: CHEZ LA TOUR http://www.adrianleeds.com/frenchproperty/consultation
	Languedoc-Roussillon: MAISON BLEUE http://www.adrianleeds.com/frenchproperty/consultation
	Meaux: CHÂTEAU LIVING FRANCE http://www.adrianleeds.com/frenchproperty/fractional

TODAY'S CURRENCY UPDATE

Visit the FPI Web site and click on the link on the left panel or click here for Currency Convertor by Moneycorp: http://www.adrianleeds.com/frenchproperty/insider/moneycorpconvertor.html
for up to the minute conversions of all major currencies.

Compare currency values easily and quickly by visiting:
http://adrianleeds.com/frenchproperty/loan/moneycorpconvertor.html

Charts
http://www.Moneycorp.co.uk/members/charts.asp
The charts below are updated every ten seconds.

The prices shown are "inter bank" exchange rates and are not the rates that you will be offered by Moneycorp. Your rate will be determined by the amount of currency that you are buying. Please speak with an Moneycorp dealer or your consultant for a live quotation.

HOT PROPERTY PICKS: Marvelous, Messmerizing, Marseille

Each week French Property Insider features a range of properties which we believe are on the market at the time of writing. These properties are featured in order to give readers a sample of what is currently available and a working example of prices being asked in various regions of France and districts of Paris.

As we are not a real estate agency. These properties do not constitute a sales listing. For those readers seriously interested in finding property in Paris or France, you can retain our services to do the whole thing for you. For more information, visit http://www.adrianleeds.com/frenchproperty/consultation

Marseille Villa

***Marseille: 3-bedroom Villa, approx. 184m²

Charming villa-style home with one bedroom, shower room, laundry room, garage on the ground floor. Second floor: living room, 41 m² lounge, 13 m² fitted kitchen, two bedrooms, bathroom, toilet. Property also has a veranda, terrace, summer kitchen, and land suitable for swimming pool.

Asking Price: 570,000€ + 2.5% Finder's Fee

Marseille City Flat

***Marseille, heart of the city: 2-bedroom approx. 80m²

Spacious 2 bedroom apartment with 80sqm of living space. The first-floor flat consists of a living room, a fitted kitchen, dining area, a sheltered balcony, 2 bedrooms, a shower room, wc, tall windows and a tidy appearance. There's a 100sqm terrace where you can enjoy peace and quiet. It's close to shops and all amenities.

Asking Price: 175,000 € + 2.5% Finder's Fee

Marseille Republique

***Marseille: 3-bedroom, approx. 108m²

This stunning apartment in the quartier République of Marseille will blow you away! Prestigious, elegant and stylish, the apartment features an entrance hall, a living room (6 windows!) a fitted kitchen, a master suite with a large dressing room and private bathroom, two additional bedrooms, a shower room and wc. With parquet floors, air conditioning and videophone.

Asking Price: 410,000 € + 2.5% Finder's Fee

Marseille Petit Flat

***Marseille: 2-bedroom, approx. 70m²

Charming, petite apartment with living room, open plan kitchen, two bedrooms, bathroom, toilet, and large closet. Energy saving heating, double glazing, 6 point reinforced door. Includes garage, patio and terrace.

Asking Price: 150,000 € + 2.5% Finder's Fee

LEASEBACK NEWS FROM IMOINVEST
http://www.adrianleeds.com/frenchproperty/insider/fpc/sales/leasebacks/lb_list.php

MOULIN DE REMERLE
France, Atlantic Coast, Angles sur l'Anglin

NEW LISTING

Four-Six Bedrooms 10000m² €392,200

EXPECTED RENTAL INCOME UP TO: 4.00%

Surrounded by a picturesque garden and on the bank side of a river. The Moulin de Remerle (water mill) is a dream property in the French countryside. This beautiful family house faces the Moulin (water mill).

The property comprises 6 large bedrooms, living and dining room, large kitchen, 2 bathrooms and spacious terrace. The cosy living room with fireplace and wood beams on the ceiling lead to a beautiful terrace with views over the river (l'Anglin).

This house is totally isolated from the neighbors in a calm and relaxing environment. Only 1 km away to the historical village of Angles Sur l'Anglin (one of the most beautiful villages of France). This property invites you to enjoy the real French country life. This could be an ideal B&B here in France.

Key Investment Points:

- Possibility to run a a B&B in a splendid location
- Mint condition Moulin offering a unique opportunity to own a part of French heritage!
- Excellent location in famous Loire Valley with easy access to Paris

SEEKING A MORTGAGE IN FRANCE?

French Propety Loan When you make a purchase as important as a piece of real estate in a foreign country, you want to know that you can trust the people you are dealing with. Adrian Leeds has developed a network of professionals that meet only the highest of standards. With the expertise and experience of Adrian and her team, you can depend on getting the best advice and support to feel completely confident that you are making an informed investment decision.

Let us help you secure a mortgage in France at a competitive interest rate. Visit http://www.adrianleeds.com/frenchproperty/loan for more information or contact Loan@AdrianLeeds.com

HELPFUL CONVERSIONS FOR REAL ESTATE

1 square meter = 10.7639104 square feet

1 hectare = 2.4710538 acres

For more conversions, refer to: http://www.onlineconversion.com/

PARLER PARIS APARTMENTS
http://www.adrianleeds.com/parlerparis/apartments
Email: apartments@adrianleeds.com/parlerparis

Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the "seal of approval" from Parler Paris Apartments and me, Adrian Leeds.

Parler Paris Apartments offers high quality accommodations to make your stay in the City of Light as enjoyable and memorable as possible. We at Parler Paris know each and every apartment owner or manager personally, and stand behind the quality of those we represent. We understand your needs and desires, all the small details that make a rental apartment a warm and welcoming home – and a much better alternative to an impersonal hotel!

Parler Paris Apartments is administered and serviced by the same great team as Parler Paris, French Property Insider and French Property Consultation. You can trust that Parler Paris Apartments and all those with whom it is associated will do their best for your 100% guaranteed satisfaction.

Le Penthouse Voltaire

French Property Insider This luxurious and spacious 7th floor penthouse apartment is located where boulevards Richard Lenoir Voltaire cross affording spectacular views from the wrap-around balconies on two sides including the Eiffel Tower, the Centre Georges Pompidou, Sacré Coeur and Eglise Saint-Ambroise. Located in the 11th arrondissement between place de la Bastille and place de la République, you will have access to all of Paris and countless amenities.

Both a main entry iron elevator and service elevator climb to the top floor in a very well kept and appointed 20th-Century brick Art Nouveau building.

French Property Insider The 122 square meter (1300 square feet) apartment has been completely renovated and professionally decorated in traditional French style just this past Spring to ultimate luxury. The living room, dining room and office areas are situated in the corner of the building with large doors exiting to the balconies affording lots of light and beautiful views.

Reserve now! Visit Le Penthouse Voltaire
or email: Apartments@AdrianLeeds.com

Parler Paris Après Midi

SPECIAL ELECTION DAY CELEBRATION!

http://www.adrianleeds.com/parlerparis/apresmidi.html

Come for a drink and to meet and chat with other readers in Paris...

The next gathering is November 4, 2008 and every second Tuesday of the month.

(No meeting November 11th -- closed for Armistice Day)

Managing Your French Property Insider Subscription is Easy!

We receive many emails from French Property Insider Subscribers who want to change their email address, or update personal information. But did you know that you can make these changes yourself?

It's easy...

1. Go to http://adrianleeds.com/frenchproperty/insider

2. Click on "Manage Subscription." You'll find it under the "Subscribers Only" section in the sidebar.

3. Enter your username and password.

4. On the Welcome Page, go to "Manage Your Account" and click on "Change Password/Edit Profile"

5. Once you've made the changes, scroll down to the bottom of the page and click on "Save Profile."

Simple!

Of course, we're always happy to help, so if you do need assistance, send an email to members@fpinsider.com

THINGS YOU NEED TO KNOW

To access password protected pages: click on any of the links on the left panel of the home page of FrenchPropertyInsider.com under "Subscriber's Only," then type in your personal username and password.

Past issues of FPI are available on the website. You will find the
"Past Issues" link on the left under "Subscribers Only" or by going to
http://www.adrianleeds.com/frenchproperty/insider/members/content/pastissues/index.html

To receive your free French Leaseback Report or the Paris Property
Report, click on
http://www.adrianleeds.com/frenchproperty/insider/members/content/reports.html

We wanted better guides,
So we wrote them!

insider paris guides Insider Paris Guides are written for people who love the City of Light. You'll get a Paris insider perspective on Restaurants... Making a Life... Black Culture... Expat Writers...and the newest guide, Practical Paris!

French Property Insider subscribers receive a discount of 10% off any guide and up to 25% off the entire purchase (if two or more guides are purchased at the same time). Here's how it works:

1. Click on special Web link we give you just for FPI subscribers.

2. Then order one or more guide(s) and use the promotion
code "ED762." This promotion code gives you 10% off your total
order.

3. If you order two or more guides, then an additional 15% will be
taken off automatically. There is no promotion code needed.

Here is the special "coupon" Web link just for you:
http://www.insiderparisguides.com/offer/fpi_offer.htm

SUBSCRIBE TO PARLER PARIS

If you're not a regular reader of the Parler Paris daily e-letter, and would like to be, simply enter your e-mail address here (it's free!): http://www.adrianleeds.com/parlerparis