Paris real estate for sale can be prohibitively expensive, but there is a solution that can make your dream of owning a piece of Paris real estate a reality: fractional ownership France. Investing in a Paris fractional ownership property can provide a cost-effective way to own a piece of this beautiful city without breaking the bank. What’s more, it’s the only vacation plan that can make you money!
AirBnb vs. Fractional Ownership
Sure, renting on Airbnb or VRBO can seem like an easy and cheap option, but in reality, it can end up costing you more in the long run. For example, you may end up spending a lot of time searching for an apartment that meets your needs, only to find out that it’s not what you expected when you get there. Plus, you’ll have to do all of the cleaning yourself, which can be a real drag, or pay extra for it.
With fractional ownership, you don’t have to worry about any of that. You’ll have legal rights to your property for a certain number of weeks each year, and maintenance and cleaning services are included in your investment. Plus, there’s the added bonus of potential appreciation in the value of your share over time.
Crunching the Numbers
Let’s say you want to visit Paris 4 weeks every year for the next 10 years. Renting a 2-bedroom luxury apartment on Airbnb would cost you €105,614 (€300 per night x 30 days x 12 months x 10 years + 5% annual increase), while investing in a Paris fractional ownership property would cost you €200,000 for a 1/13th share, plus €47,812 in dues (€3,000 dues per year dues + 10% annual increase).
Assuming a 5% annual increase in the value of your share, the table below shows the comparison of the total cost and potential earnings between renting on Airbnb and investing in a Paris fractional ownership property over a 10-year period.
|Airbnb Renting||Paris Fractional Ownership|
|Cost||€300/nt x 28||€200,000 for a 1/13th share|
|Annual Cost||N/A||€3,000 dues per year dues + 10% increase|
|Ownership Benefits||No legal right to use property||Legal right to use property for a certain number of weeks each year|
|Maintenance and Cleaning||You’re responsible for cleaning up||Maintenance and cleaning services are included in your investment|
|Appreciation in Value||No potential for appreciation||Potential for appreciation in value of share|
|Total Cost After 10 Years||€105,614||€247,812|
|Potential Revenues After 10 Years||N/A||€325,779|
|Profit/Loss After 10 Years||-€105,614||€77,967|
This means that if you sell your share at €325,779 after 10 years, you would have made a profit of €77,967, turning your dream of owning a property in Paris a very profitable lifestyle investment.
Investing in a Paris fractional ownership property can be a great way to own a piece of Paris without breaking the bank. Not only is it a cost-effective option compared to renting an apartment on Airbnb for an extended period of time, but it also comes with the added benefits of ownership, maintenance, and potential appreciation in value. Plus, it’s the only vacation plan that can make you money! So if you’re dreaming of owning a property in Paris, fractional ownership may be the perfect solution for you.