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Financial Issues
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There were 5 questions found in this category:
 Can I make money from this investment?
Despite the latest increases in property prices, Paris remains much cheaper then either London and New York, and it is an excellent place to invest in real estate. Though this fractional ownership is to be considered as a lifestyle investment, we have run some simulations that show that -- assum ...
- What about the effect of currency exchange fluctuations and the weak dollar to the Euro??
In our opinion, if you buy now – at $1=1.35 – then you cannot be much worse off if the dollars remains at this level in year 10-15, if and when you decide to sell your share(s). If, however, the dollar worsens, then your Return on investment will be even more attractive.
- What Are The Ongoing Costs?
Monthly costs on the Colonel Combes, for instance, are currently set at 187 euros/mth. These can vary from year to year, depending on how many amenities are added or canceled, utilities, etc. After the second operating year, we will have a better idea of what the recurrent costs are, and a new b ...
- What is the cost of buying an apartment in Paris? (Am I truly saving money?)
A finished, 2-bedroom apartment in one of the most exclusive districts of Paris, such as the 6th or 7th arrondissements, would cost between $800,000 and $1 million. A 1-bedroom apartment would be worth $500,000-$700,000. Add to that the initial registration costs (5%-7.5%), furnishings, and year ...
- What is the cost of renting a similar apartment in Paris?
A 2-bedroom apartment would be approx. $1,800-$2,500 per week. Medium-term leases (1-year) would be $3000-$4000. Long term leases for an unfurnished apartments would be $3000-$4,000.
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