FRACTIONAL OWNERSHIP OF A PARISIAN APARTMENT
Co-investir Paris enables groups of a maximum of 4 co-investors to jointly purchase a Parisian apartment. Each co-investor is then allocated a number of weeks of use in proportion to the investment. These weeks are not fixed weeks. They can be booked any time in a flexible way. With Co-investir Paris owning a pied-a-terre in Paris has never been so affordable. This is also a hassle-free ownership solution since Co-investir Paris
takes care of apartment upkeep and maintenance.
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The Best of Paris Real EstateWe strongly believe that prime properties in the most sought-after neighborhoods make the best candidates for a pied-a-terre in Paris. The apartments we select are thus often:
We are very careful to include the following considerations when selecting and renovating our apartments:
Our pied-€-terre are sold equipped, furnished and ready to live in. You won't need to do anything more than unpack your suitcases. This is not the type of basic service provided by some apartment rentals, rather entirely the kind of detailed furnishing and fit-out you would choose yourself. So that you really feel at home from the first stay, we have adopted the keen eye of a host or hostess and an eye for detail on your behalf. Your Co-investir Paris pied-€-terre will include:
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Benefits
Affordable luxury
Investment Benefits This type of asset has performed very well in the past and should continue to do so for the following reasons:
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A legal structure offering a guaranteed exit
A secure legal structure
The legal structure underlying our fractional ownership solution is based on the French SociÄtÄ Civile ImmobiliÅre, a type
of company appropriate for property ownership and management that offers many advantages over other forms of joint
ownership. Each co-investor holds shares in an SCI which has a distinct legal identity from that of its shareholders. If the
property appreciates in value, so do the shares. The governing documents (the „Articles… and the „Owner Agreement…)
guarantee smooth decision making and fairness among the co-investors.
Guaranteed liquidity
Liquidity is one of our primary concerns since we believe there is no sound investment without a possibility of good
liquidity. Our legal structure thus provides a unique liquidity mechanism constituting one of the fundamental differences
between our fractional ownership solution and old timeshare schemes:
‚ During a first eight-year period (the recommended minimum investment period), investment liquidity comes from
selling oneƒs shares or selling the apartment (which must be unanimously decided)
‚ After this period, liquidity is guaranteed by the possibility as a last resort that any co-investor may trigger the sale of
the apartment and the sharing of the proceeds, should he fail to find someone to buy back his shares in the SCIs.
A secure subscription process
Each of our fractional ownership project is set up through a subscription process under the control of a renowned
Parisian notary office. It includes a 14-day cooling off / withdrawal period after subscription sign up (in compliance with
the French and EU law) and the commitment to the subscription is under the 2 following conditions: 100% of the capital
is raised and the other co-investors disburse the funds.
The funds are deposited on a notary escrow account. The bulk of it goes directly, under the control of the notary, into the
purchase of the apartment while the balance goes into the SCIs in order to finance the furnishing and interior design
under our control. These costs are budgeted in the subscription price and are fully justified and auditable upon
completion.
The legal structure underlying our fractional ownership solution is based on the French SociÄtÄ Civile ImmobiliÅre, a type
of company appropriate for property ownership and management that offers many advantages over other forms of joint
ownership. Each co-investor holds shares in an SCI which has a distinct legal identity from that of its shareholders. If the
property appreciates in value, so do the shares. The governing documents (the „Articles… and the „Owner Agreement…)
guarantee smooth decision making and fairness among the co-investors.
Guaranteed liquidity
Liquidity is one of our primary concerns since we believe there is no sound investment without a possibility of good
liquidity. Our legal structure thus provides a unique liquidity mechanism constituting one of the fundamental differences
between our fractional ownership solution and old timeshare schemes:
‚ During a first eight-year period (the recommended minimum investment period), investment liquidity comes from
selling oneƒs shares or selling the apartment (which must be unanimously decided)
‚ After this period, liquidity is guaranteed by the possibility as a last resort that any co-investor may trigger the sale of
the apartment and the sharing of the proceeds, should he fail to find someone to buy back his shares in the SCIs.
A secure subscription process
Each of our fractional ownership project is set up through a subscription process under the control of a renowned
Parisian notary office. It includes a 14-day cooling off / withdrawal period after subscription sign up (in compliance with
the French and EU law) and the commitment to the subscription is under the 2 following conditions: 100% of the capital
is raised and the other co-investors disburse the funds.
The funds are deposited on a notary escrow account. The bulk of it goes directly, under the control of the notary, into the
purchase of the apartment while the balance goes into the SCIs in order to finance the furnishing and interior design
under our control. These costs are budgeted in the subscription price and are fully justified and auditable upon
completion.
