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Le Petit TresorLe Petit Trésor
4 rue du Trésor
75004 Paris
81,900€ per share (1/12th ownership)
One Bedroom One Bath 56 m2
UPDATE 11/18/08: Pending price increase: Effective January 10, 2009, all remaining unsold shares at Le Petit Tresor will be priced at 84,900€.
UPDATE 11/9/08: The 1st Annual Owners meeting was held yesterday in Denver, CO. The annual dues for 2009 have been set at 1006€ per share.
UPDATE 9/30/08: We successfully closed on Le Petit Trésor yesterday, and renovation work has now commenced. I will be posting renovation photos periodically here.
UPDATE 9/2/08: The first annual Owners meeting for Le Petit Tresor will be held November 8, 2008 in Denver, CO.
Gorgeous Hausmann style buildings line both sides of this passage. At the very end, on the 5th floor of such a building, lies our newest offering, "Le Petit Trésor", overlooking the historic Fontaine de la rue du Trésor.
The apartment is easily accessed by elevator, and the 1 BR apartment measures 56.5 m2. Because it is so high up and faces South, it offers a commanding view of the Marais and basks in sunshine on those sunny Paris days.
The living and dining areas are quite spacious for an apartment of this size, and feature rich hardwood flooring, a working fireplace, large windows opening onto a full length balcony, elegant ceiling details and much more.
The kitchen, bath and bedroom are small (for the moment), as is so typical in apartments of this age and design. Our goal, as in our previous projects, is to enlarge and update these areas by more efficiently utilizing the space.
We are offering a one month, 1/12th ownership in this beautiful property for the unbelievable price of 81,900€. This is our "pre-completion" price, which is always below our final price, when renovation work is complete. The price is all-inclusive, and there are no additional purchase costs. Occupancy is estimated somewhere around the 1st of the year 2009.
We will use the rotation system of usage on this project. The month of usage for the 1st Year (2009) will be chosen on a first come basis. Each month of usage start on the 10th of each month, to avoid any conflicts with those in our other projects whose month starts on the 1st. Each year, the months rotate, so there really are no "undesirable" months. Click on the "rotation system" link at the beginning of this paragraph to get a better understanding of how this works.
To view all of the photos that I have on this property, taken by the listing agent and our agent, click here. These are photos of the apartment as it existed prior to closing, NOT the finished product.
This is the lowest priced fractional ownership on the market today (except for my resale at Villa Monceau). Shop around, compare prices, and check what you get for your money. You will see that this is simply hands down the best for the least, in every respect.
SHARE AVAILABILITY (Updated Daily)
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