1. A Fraction of the price
OK- You've dreamed of having your own place in Europe ever since that first travel vacation when you and your family rented a house in a small hill town near Avignon. You remember the lazy days exploring pottery in those small Provencal villages, the delight of discovering that meals lasted 2 and ½ hours, the charm of markets where fresh oysters abound for Sunday shoppers. And now the sadness of realizing that our dollar doesn't stretch nearly as far as it used to.
DO not despair- Our prices range from 42500-4500 euros. That's a big difference from the whole ownership price of 260,000+ euros that you might spend for a 3 bedroom, 3 bath home with an outside terrace in the sunny Languedoc region of France. Why pay for more than you can use?
2. Hassle free- we do the work
Our job is to find the ideal property at an affordable price, handle the multiple requirements for foreign ownership, and provide you with a turn-key property to use and to enjoy.
3. No need to rent out
Yes, you can shop for your very own place in Europe but how often will you typically use it? And who maintains it? My guess is that you may feel the need to cover some of your ongoing costs by renting it out. Our fractionals are typically owner occupied for most of the year. The ongoing maintenance costs are VERY low when split by 10+ owners- in the range of 50-75 euros/month!
4. Pride of ownership
One of the owners of our Cerbere French house near Spain, says "One of my favorite things about owning Catalonia SCI is being able to share it with others- telling my friends about MY home in France!"
5. Euro based asset
Have your cake and eat it too! What could be more fun (and profitable) than investing in an appreciating asset which you can use year after year, in France & Italy? Since a FPS home share costs between $U60000-64,000, you can keep those funds in an underperforming CD or... shift them to "bricks and mortar" in Europe and enjoy them at the same time. Keep in mind that since 2000, the euro has outperformed the dollar by over 60%.
6. Affordable vacations in Europe
With travel costs on the rise, we are all watching our wallets more carefully. What if you had a free place to stay, your own car, and place to cook while in France?
7. Ease of resale
There are relatively few quality F/O properties for sale in Italy and France. Starting with our first Bordeaux property in 1998, no one we are aware of has resold their shares for less than they paid. International Property Shares is able to assist in this marketing for a fee.
8. Appreciating real estate in France
From 2000-2008, the average price/ square meter of homes in France rose by about 10% per year and in 2011, it appears that prices have now leveled out or may be on the rise again. Someone once explained to me why France continues to be the most sought after of European vacation destinations. Geographically, smack in the middle of the continent, it is reachable by car for virtually all sun seeking European travelers. Additionally, if you throw in the history, culture, food, and prices, it is still a bargain.
A recent poll of the British indicated that a full 50% of them would like to own a vacation or retirement home in France or in Italy.
8. Upscale properties-the charm of the old with all the modern amenities
We seek properties with character, charm, convenient to village markets and services, but with all the conveniences you take for granted at home; washer/dryer, DVD, fully equipped kitchen, completely furnished.
10. The Peter Mayle factor- after all- this IS Europe! AND, our first Italian fractional becomes available in 2012. If you haven't watched A Year in Provence or Under the Tuscan Sun, treat yourself to these DVD's and remember that you can enjoy this lifestyle too.