Fractional Ownership: Make Your Dream of Owning a Paris Home a Reality

For more than a decade now, the term “YOLO” – you only live once – has been an everyday social media hashtag for the millennial and younger generations when sharing their adventurous travels and wildest dreams. What may sound like a juvenile slogan for youth (who haven’t even reached mid-life!) actually rings more true for others: Those who begin to reach flexibility in their professional and personal lives through retirement and other future life stages. This could feel like your time to seize the moment – the moment to travel, the moment to own homes in faraway places, the moment to experience your dreams without the hassle and frustration. That’s where “YOLO” meets “PIED-A-PARIS” for U.S. residents who want to make that living-in-Paris-dream come to life in the most attainable, manageable way.

PIED-A-PARIS offers the opportunity of a lifetime with its Fractional Ownership model, creating a seamless way to own a second home in Paris. You may have never heard of Fractional Ownership or fully understand the concept. Fractional Ownership is a model of co-ownership that allows you to maximize the enjoyment of owning a vacation home in Paris without the cost and hassle of maintaining a vacation home overseas. Each owner legally owns a fraction of the apartment and is able to sell, transfer or bequeath their share (renting is prohibited). An Owners Association, Inc. is established as a non-profit corporation, and its bylaws govern the usage of the home and group. Each share has one vote and you may purchase as many shares as you wish. In each of PIED-A-PARIS’ fractional properties there are 13 shares, designated A-M, each of which entitles the owner to a total of four weeks usage per year. The four weeks are divided into two two-week blocks, about six months apart. Each year the usage calendar advances by 10 weeks, allowing owners to experience different seasons.

You most likely have heard of timeshares and vacation properties, but there’s actually differentiators and advantages to Fractional Ownership. With timeshares, you’re buying the right to use the property for a specific time period each year. It usually means less flexibility and no investment opportunity with added costs and little value. Owning a vacation property is costly with ongoing expenses. Potentially to offset the costs, you put it in an exchange pool or choose to rent it out with a management company and vacation rental site. This comes with risks for the owner. Fractional Ownership mitigates the risks with each shareholder playing a role in the ownership and optimizing the cost savings.

Determined to deliver the ultimate luxurious, carefree experience when it comes to Fractional Ownership, PIED-A-PARIS was created by experienced fractional owners who know the value firsthand. That’s exactly what you can expect in Maison Chapon, PIED-A-PARIS’ latest Fractional Ownership apartment in Paris. The exquisite 2-bedroom, 2-bathroom apartment nestled in the trendy neighborhood of the Marais has been fully renovated, professionally decorated with the owner in mind. The spacious, airy 800 sq ft residence gives you the charm, comfort, and security you desire for your extended stays in Paris. It can be yours for the share price of $170,000 (US). So seize the moment and check out the opportunity to experience the Parisian magic for yourself. For more info, check out www.pied-a-paris.com and send a direct inquiry to [email protected].