Fractional Paris is one the few companies specializing in shared ownership properties in Paris. Their newest offering is an 800 square foot, 2-bedroom apartment in the heart of the Marais. The apartment, 7 rue Malher, is located in the heart of the historic St. Paul district, and comes with a beautiful 100 square foot private terrace overlooking a secluded courtyard.

Fractional Paris buyers enjoy an amazing apartment in the best neighborhoods in town, at a fraction of the cost of full ownership, and then realize the appreciation when the property – or even their individual share – is sold.

Vacation homes and pied-à-terres can be prohibitively expensive and a lot of work to manage from afar. Fractional ownership is truly exciting, because it makes it possible for people to maintain a luxurious home in Paris to entertain friends and family, but for comparatively small cost and minimal hassle.

A similarly appointed apartment with a terrace would cost today’s buyer well over €1,000,000 plus the associated headache for purchase and closing costs, renovation and furnishings. Fractional Paris is offering a 1/12th share with the right to four weeks of use a year, in perpetuity, for €120,000. The price includes the all acquisition costs, renovation and furnishing, and legal and financing fees.