Bonjour [EMAIL], Incentives to Make France Your Home French Property Insider Volume VIII, Issue 31 August 5, 2010 Paris, France http://adrianleeds.com/frenchproperty/insider • Printer Friendly http://www.adrianleeds.com/frenchproperty/insider/textpages/FPI_August_5_2010.txt • Recommend to Friends http://www.adrianleeds.com/frenchproperty/insider/subscribetofpi.html • Don't miss a single issue of French Property Insider! "Whitelist" French Property Insider by adding "fpi@adrianleeds.com" to your address book. ____________________________________ This Time Next Year, You Could be Living Your Dream Live & Invest Overseas September 16-18, 2010 Las Vegas, Nevada Adrian Leeds will be a guest speaker at the Live & Invest Overseas Conference on "Living the Dream to Live in France" If money were no object, what would your dream retirement look like? This fall, let International Living show you where you can make that dream your reality… for as little as $649 a month. Maybe you long for your own cottage on a quiet beach… a grand apartment in a city vibrant with concerts and cafes...a mountain villa where the air is crisp… or even your own vineyard amid gently rolling hills. Whatever you fantasize about... come with that idea in mind. We'll show you the places in the world today where you can live your dream, for a small fraction of what you'd pay for a comparable life at home. Click here to learn more and register! https://web-purchases.com/CL9121A/L121L503/landing.html __________________________________ Bonjour French Property Insider Subscriber, News for purchasers of their principal residence in France: The French government has announced a change in tax incentives to increase home ownership. Now you will receive a tax credit on the loan interest associated with the purchase of your principal residence. The way it will work is this: When you take out a loan to purchase or construct a primary residence, you will receive a tax credit equal to 40% of the amount of loan interest the first year of repayment and 20% of that amount for four years for existing homes and for new homes that meet the standard BBC 2005 (low-energy building), your tax credit will be 40% for the first seven years. For other new housing acquired or constructed, you may assume a tax credit of 30% the first year and 15% four years. The period during which the borrower can benefit from the tax credit is calculated from date to date based on the availability of the funds. For more information, consult with your tax consultant. We recommend Sébastien Bacoup, Atisse, http://www.atisse.com, Email: mailto:sbacoup@atisse.com, 7 rue du Colonel Moll, 75017 Paris, Phone: +33 (0) 1 45 72 26 62, Fax: +33 (0) 1 45 72 18 51. (Please tell him Adrian Leeds referred you.) Interesting Statistics about the Chambre de Notaires de Paris: As of April 1st, Paris can boast of 640 notaries including Seine-Saint-Denis and Val de Marne, practicing in 240 firms and employing over 5,000 staff. Every year three million people utilize their services to create an average of more than 300,000 documents, including 110,000 property sales transaction and 17,000 declarations of succession. May 2010 property prices show market is active: Between March and May 2010, 35,700 homes were sold in the Ile-de-France, which is an increase of 58% over the same period in 2009 and 8% over the same period in 2008. On an annual basis, prices rose 5.1% in late May 2010 (+7.2% in Paris, +5.4% in the inner suburbs and 3.1% in the outer suburbs). To download the full report, click here: http://www.adrianleeds.com/frenchproperty/insider/Indicesimmobiliersmai2010.pdf Hot Property in a Hôtel Particulier: Today I visited this very unusual apartment that came on the market yesterday because the buyers couldn't find financing. With a garden of 34 square meters, it won't last long! On rue Elzévir in the Marais (3rd) near the Musée Picasso, this stunning and beautifully maintained 17th-century "hôtel particulier" (townhouse) must have had a home for their servants behind the main house -- and it's that which contains this unusual apartment. You walk through grand doors, into a lovely and well-manicured courtyard to the back to find the house. You enter on the "rez de chaussée" (ground level) to a large reception room with very high ceilings, off to one side is a kitchen and the other is a full bath, in one corner is a spiral staircase to the upper level and there are two large doors which open onto the garden. On the upper level are two bedrooms and a full bath. The surface is 58m2, there is a cellar and the garden can be totally privatized. The apartment needs total renovation. Estimate approximately 120,000€ (2,000€ per square meter budget) to turn this very special space into a very livable one or two bedroom apartment that is in an amazing location in central Paris, but totally serene as if you were in the countryside in a grand château. Asking price: 742,000€ + 2.5% finder's fee For more information, email me at mailto:adrian@adrianleeds.com?subject=Rue_Elzevir A bientôt, Adrian Leeds Editor, French Property Insider Email: mailto:fpi@adrianleeds.com P.S. Next week I'll be writing you from Corsica where I will be vacationing...and taking in the property opportunities on the island. P.P.S. We've added Los Angeles to our "Living the Dream to Live in France" 2010 Speaking Tour. Come see me the evening of Tuesday, September 28th at "Fraiche" in Santa Monica for a 2-hour presentation including a Q &A and cocktail reception. See http://adrianleeds.com/frenchproperty/conference/ for more information and to reserve your spot. _________________________________ Be a FREE Guest at "Le Palace des Vosges" The luxurious two bedroom fractional ownership apartment in the Place des Vosges, known as "Le Palace des Vosges," is available for immediate rental when the owners aren't occupying it! And even better than that...should you decide to purchase a share, your rental fees (up to one week's worth) will be deducted from your share price! That makes your week at Le Palace des Vosges absolutely FREE! Book your stay now before the shares get sold out!...and then get it FREE when you become an owner yourself! For complete information including rates, visit http://www.adrianleeds.com/parlerparis/apartments/rentals/palace_des_vosges.html and to book your stay, use the online Request Form or contact mailto:apartments@adrianleeds.com __________________________________ Book any Parler Paris Apartment this month (August) and receive the lowest rates of the year! Enjoy summertime in Paris and save when you book any of our well located and luxurious Parler Paris Apartments for your stay during the month of August. For the entire month of August, you can take advantage of the lowest rates of the year! The apartments are booking up fast, so reserve today! Click here to make your request: http://www.adrianleeds.com/parlerparis/apartments/request_form.php or contact mailto:apartments@adrianleeds.com Featuring...Le Saint-Tropez and La Brigitte with a rooftop terrace and air-conditioning at the lowest rates! http://www.adrianleeds.com/parlerparis/apartments/rentals/saint-tropez The gorgeous turquoise and sandy décor, plus every luxury and amenity, makes Le Saint-Tropez a Mediterranean oasis right in the heart of Paris. Enjoy a chilled glass of rosé and relax on your private rooftop terrace – when you open the terrace doors, the size of the apartment practically doubles! Air-conditioning adds extra summer comfort to this jewel in Le Marais. "Je l'adore. Saint-Tropez is beyond category. Your passion and commitment to an extraordinary space makes this my/our private retreat magical. The moon from the bed and terrace is a gift from the universe. Thank you for the vision, thoughtfulness and space. I will be back." Grazell H., Charlotte, NC Visit here to make your request: http://www.adrianleeds.com/parlerparis/apartments/request_form.php or contact mailto:apartments@adrianleeds.com ________________________________ Book your personal consultation with Adrian Leeds. French Property Consultation Your Complete Solution to a New Home in France.. Let the Adrian Leeds Group guide you through the process with ease and peace of mind... to have your very own pied-à-terre in Paris or home in the French countryside. Visit http://adrianleeds.com/frenchproperty/consultation/ or email mailto:info@adrianleeds.com __________________________________ Own a Piece of Paris. Fractional ownership is the hottest way to own your piece of Paris simply, easily and inexpensively! Here is just one of the offerings available through French Property Fractional: Le Royal du Marais - This beautiful two bedroom, two bathroom apartment is located in the building that forms one of the corners of the world famous Place des Vosges, in Paris' prestigious Marais district. http://www.adrianleeds.com/frenchproperty/fractional/pfo/royal_marais.html For more information on this and other fractional ownership properties now available, or to learn how you can design your own property, visit French Property Fractional. http://adrianleeds.com/frenchproperty/fractional __________________________________ 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/ __________________________________ Practice Your French...or English! Open All Summer Long. Parler Parlor French-English Conversation Group http://www.parlerparlor.com Practice speaking French and English. Make friends, discuss interesting topics, learn about other cultures, progress in understanding and speaking, naturally and easily. Meets three times a week -- come as often as you like! For further details, visit Parler Parlor at: http://www.parlerparlor.com ____________________________________ Subscribe to the Parler Paris Nouvellettre®...It's twice-weekly and it's FREE! Visit http://www.adrianleeds.com/parlerparis/subscribe.html to learn more and subscribe. ____________________________________ Copyright 2011, Adrian Leeds® Adrian Leeds Group, LLC, www.adrianleeds.com