Chez La Tour
Fractional Ownership

Boulevard de Latour-Maubourg,
7th Arrondissement, Eiffel Tower
Two-Bedroom, 88.1 m2
115,000€
4 Shares Available: November, December, January, March

This is our most elegant offering yet! Located in the heart of the chic 7th arrondissement, one block from the Esplanade des Invalides and a few minutes by foot from the famous rue Cler and the Eiffel Tower, this spacious apartment will redefine the word luxurious in Paris. The layout of this apartmentwill be reconfigured to better utilize the space, which will result in larger bedrooms, each with their own bathroom. As a classic French apartment, it occupies the entire 1st floor above street level in a "petit" Haussmann-style "pierre-de-taille" building, just 100 meters from the Métro station La Tour Maubourg, and just around the corner from the fashionable rue St. Dominique with its many shops, cafés, and famous restaurants. The Seine is two minutes away by foot.

Chez La Tour features original "pont d'hongrie" chevron oak flooring throughout, exquisite "cornice" and ceiling moldings in every room (including the bathroom!), marble fireplace mantels in the living room, dining room, and Master bedroom, and gorgeous crystal chandeliers, all evoking the classic period of French architecture. The living and dining areas feature five windows facing west, allowing the apartment to be bathed in light all day. Of course, the living areas will include the usual accoutrements, such as large high-definition flat screen TV, surround-sound stereo/DVD system, and laptop computer station with DSL connection and printer.

The Master Suite will feature two sets of windows overlooking the quiet courtyard, a gorgeous four-poster queen bed, triple-door antique armoire with dresser, and a separate sitting area where you can relax before retiring. Plug in your Ipod to the wireless speakers to enjoy your favorite music while you enjoy your own private retreat.

The remodeled Master bathroom will feature marble flooring and walls throughout, walk-in shower with body jets, and a double sink. Of course, the ornate ceiling moldings will remain to add that extra touch of opulence. The bathroom will be directly accessible from the Master Suite.

The Guest Bedroom will be relocated to where the kitchen now exists, and will feature it own ensuite bathroom with shower and sink.

The kitchen will be completely relocated adjacent to what is now the Living Room, and will open onto the new Dining area with working fireplace and dining area with seating for 8. It will feature top of the line stainless appliances, granite counters, and new wood cabinetry, perfect for a simple lunch or an elegant dinner presentation!

The apartment will also include a full-size washer and dryer for your convenience. Finally, the apartment will be equipped with air-conditioning, to make even the muggiest Paris evenings a breeze!

UPDATE 6/1/08: The first annual Owners meeting was held yesterday in Denver, Colorado. The annual budget was set at 15,800€. The annual monthly dues were set based on length of month, but are approximately 1320€ per share.

If you would like to receive more information on this apartment, or about fractional ownership in general, pleae feel free to write to me at steve@navaro.com or contact Adrian Leeds at Adrian@AdrianLeeds.com