As experienced Parisian real estate professionals, we set out on a challenging journey with our high standards to find the ideal apartment for our fractional ownership program. Finding the perfect apartment in the city of lights can be as elusive as the Holy Grail, with no centralized Multiple Listing Service (MLS) and limited access to up-to-date sales data. To make matters more interesting, properties are rarely publicly advertised with an agent yard sign, with the French opting to put these up after the sale has been made.
However, the scarcity of truly great apartments in Paris makes them sell quickly, often before potential buyers even have a chance to make an offer. This is due to the fact that they are often sold privately among families, friends, or VIP clients.
The Perfect Parisian Pad: Does it Exist?
“Perfect” Parisian apartments do exist, but they are incredibly rare and often come with a hefty price tag. Our criteria were simple: two bedrooms, in a charming building with an elevator, in a prime location, spacious enough to accommodate friends and family, and with that “Wow!!” factor that makes it special (historical, large windows, moldings, view, fireplace, etc.).
The Long and Tedious Search
Over the past six months, we visited over 36 apartments, each with its own unique personality. Some buildings were charming, others lacked character, and others were located in less desirable areas with unpleasant views. Although a few came close, nothing was quite right. Unfortunately, two apartments that met our criteria were sold before we could even make an offer.
In conclusion, the quest for the perfect Parisian pad is a long and tedious process, but we are determined to bring you only the finest fractional properties on the market.