Exquisite, Newly Renovated 2-Bedroom, 2-Bathroom Fractional Ownership Apartment in the Marais, Paris, Paris - Île-de-France
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Property Description

Maison Chapon is a newly renovated, professionally decorated, fully furnished stylishly chic 2-bedroom, 2-bathroom in the vibrantly chic and historically notable Marais District, on the border of the Third and Fourth Arrondissements. This Fractional Ownership is a model of co-ownership that allows you to maximize the enjoyment of owning a vacation home in Paris without the cost and hassle of maintaining a vacation home overseas. Each owner legally owns a fraction of the apartment and is able to sell, transfer or bequeath their share (renting is prohibited). An Owners Association, Inc. is established as a non-profit corporation, and its bylaws govern the usage of the home and group. Each share has one vote and you may purchase as many shares as you wish. There are 13 shares, designated A-M, each of which entitles the owner to a total of four weeks usage per year. The four weeks are divided into two two-week blocks, about six months apart. Each year the usage calendar advances by ten weeks allowing owners to experience different seasons. Full details provided with the ownership package to interested parties. 

Once you pass through the cobblestoned entrance and courtyard, you enter the charming 17th century building with an elevator (a rarity in the area). On the second floor, this tastefully decorated apartment boasts the perfect blend of historic details, modern amenities and carefully procured timeless pieces.

Entering through the front door, you are greeted by the entry hall with amble custom storage, a cushion bench and mirrored niche. Thereafter, a fully equipped, sleek new kitchen with terrazzo stone countertops awaits your inner Julia Child to master the art of French cooking. A full size refrigerator and freezer is conveniently integrated into the kitchen ready to house all your gourmet finds. Luxe china is ready to set for a lovely dinner for 6.

Professionally designed and luxuriously appointed with custom millwork and upholstery you will feel instantly at home in this elegant 800 square feet space. The living and dining area features herringbone hardwood floors, a ceiling height of 9 feet with original exposed beams and a Louis XV stone fireplace mantle from the Marché aux Puces. This open and inviting space is basking in sunlight due to its floor to ceiling windows facing the southern sky. 

There are two bedrooms, one off the living room with a full-sized storage bed, an antique writing desk and custom closets. The master bedroom, facing the internal courtyard, is equipped with a queen-sized bed, custom cabinetry and custom closets. The ensuite bathroom is outfitted with a double ceramic sink and vanity mirror, a spacious Italian shower, a WC, a bidet, a towel heater, a laundry center (washer and dryer) and ample storage. There is a second bathroom with a shower, ceramic vanity, mirror, a suspended toilet and mirrored storage. The apartment sleeps 6, including the king sleeper in the living room. 

The apartment is equipped with all the conveniences of home, including high-speed internet access, international channels on a state-of-the art Samsung FRAME TV, a Bose bluetooth speaker, free international telephone line, energy-efficient electric radiators and central air-conditioning. 

Maison Chapon shares are priced at $170,000 (US). There is an annual maintenance fee of approximately $3,000 - that includes utilities, entertainment, weekly cleaning and linen service, bookkeeping, tax filings, property tax, building association fee, and insurance - and a one time contribution to a reserve fund of $2,000. There are no closing costs.

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