Oh to be in Paris

I am a simple soul, I still find it amazing that I can casually hop on a train after lunch and be in Paris in just over three hours – not only that I am travelling at nearly 200 miles per hour and can plug my laptop in, work on the phone and wander down to the bar for a fesh coffee.

The French rail system is good, clean cheap and reliable – except when they are on strike, but they are always polite.

I am Paris to develop some new Fractional Ownership and Rentals opportunities – for nearly two years I have been researching the legal and finanacial implications of shared property ownership in France – the complexities of Ineheritance, wealth and property taxes combined with the tax authorities understanding of the tax application to a business as opposed to a private not commercial individual are racky waters and I believe many people may be sailing too close to a lee shore. But carefully structured, Fractional Ownerhsip is a brilliant way to own a pied a terre in Paris.

I know that owning shares in a propery and sharing the use of it with a few other like minded people is a brilliant way of using and even investing in real estate – but – it is a luxury purchase, it should not be considered an investment to give you income, you have maintainence costs and service charges and in France it is very unwise to have other paid rentals in the property. It is more like collecting fine wines or luxury classic cars, you get a great deal of pleasure and possibly very good capital appreciation, but you will not earn from them unless you sell them.

I have a very nice apartment to offer in Fractional Ownership – I will try to get details online later today – but contact me quickly if you are looking, this one is going to sell out fast