There comes a time when your journey leads you to a place your heart can’t bear to part from. For many, that moment occurs in Paris. Now is the time to own a piece of one of the most beautiful cities in the world -- a piece of the good life -- and make it yours forever.
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Pe o p l e w h o k n ow m e w i l l t e l l yo u w hy I sta r te d Pa r i s Re s i d e n ce Cl u b. I ca l l i t q u a l i t y of l i fe : A m i x of f u n , fa m i l y, g o od h e a l t h , f r i e n d s h i p, a n d va l u e s . Mo n ey i s i m p o r ta nt , of co u rs e, b u t w i t h o u t t h e re st , i t su re d o e s n’t h a ve t h e s a m e f l a vo r. Oh , a n d d i d I m e nt i o n l u c k? I fo u n d i t i n t h e c l i e nt s I ’ve h a d , m a ny of w h o m h a ve n ow b e co m e g o o d f r i e n d s . Th ey u n d e rsto o d my q u e st a n d s h a re my p a s s i o n fo r t h e g o o d t h i n g s i n l i fe. A n d my p a s s i o n fo r Fra n ce, of co u rs e. I ca n n ot l i e to yo u , t h o u g h . My t r u e o b j e c t i ve s w i t h t h e Cl u b a re n ot p u re l y i n n o ce nt , a s I l i ke to i nve st i n t h i n g s I p e rs o n a l l y e n j oy. Bu t I a l s o l i ke to s h a re t h e s e t h i n g s a n d my f r i e n d s a n d c l i e nt s h a ve n’t co m p l a i n e d s o fa r: Th e h o u s e i n Prove n ce a n d t h e ya c ht i n Ma rs e i l l e h a ve m a d e m a ny of t h e m ve r y h a p py. Mo re of t h e s a m e i s yet to co m e : Tu s ca ny, Ro m e, Lo n d o n , Mi a m i , New Yo r k . . . I wa nt to h a ve it all! Bu t eve n i f I h a d a fo r t u n e - - w h i c h I d o n’t , I co u l d n’t j u st i f y ow n i n g a l l t h e s e t h i n gs by mys e l f. Th a t’s w h e re Pa r i s Re s i d e n ce Cl u b k i c ks i n . Yo u s e e, w h e n my ow n e rs a re h a p py, i t m e a n s t h a t I ca n s e l l m o re f ra c t i o n a l s . A n d i f I s e l l m o re f ra c t i o n a l s , t h e n I ca n a cq u i re m o re p l a ce s t h a t I l i ke fo r u s a l l to e n j oy. It’s a l l ve r y s i m p l e, re a l l y. We’re i n i t to g et h e r. It’s a l l a b o u t sharing, and it goes hand in hand with the co n ce pt of f ra c t i o n a l ow n e rs h i p, w h i c h i s w h a t Pa r i s Re s i d e n ce Cl u b i s a l l a b o u t . S o, i f i t’s a b et te r q u a l i t y of l i fe, f u n a n d a n e n h a n ce d - - n o - n o n s e n s e l uxu r y - l i fe st y l e t h a t yo u ’re s e e k i n g , t h e n we l co m e to t h e Cl u b. Wa l i d Ha l a b i - Fo u n d e r a n d C EO
Welcome Bienvenue
Paris A feast for the senses
France Paradise on Earth
Club Yacht Our 51 ft. Elan Impression yacht is moored in Marseille. It sleeps 6 people and is fully equipped with all the comforts of a luxury home. “Piedamer” is available to all Paris residence Club members under our bonus week program.
One Destination -- Endless Possibilities A location so perfect that every season is arguably its best. The only question is: which season feels best for you?
Tous à Vélo Day - Prix de Diane Hermès - Fête de la Musique - Paris Jazz Festival - Paris Air Show Many arts and professional exhibits Salon de l’Agriculture
Fashion Week - Winter sales begin - Paris Cinema Fair
january
february
Paris Fair (Foire du Trône) - More arts and exhibits - Easter in Paris
Fashion Week - Book Fair More arts and exhibits
march
French Open Tennis - Foire de Paris - St.Denis Festival begins - Museum Night
april
may
june
Provence house A charming 19th century Provençal Mas (farmhouse), located just outside the quaint Vaucluse village of Beaumes de Venise, a half hour drive from Avignon, in a gorgeous setting of vineyards.
Tour de France - Bastille Day Fashion Week - Paris Plage Begins - Summer sales begin
Nuit Blanche - FIAC - Prix de l’Arc de Triomphe - Vendanges at Montmartre - Fashion Week -
Ice Skating Season begins Holiday lights and decorations Paris Boat Show
Open air cinema season Begins at la Villette - Paris Plage continues
Jazz à la Villette - Paris Music Festival - Paris Opera season begins
july
august
september
Beaujolais Nouveaux - Artists’ studios open house day Paris Autumn Festival - Paris Photos Exhibition
october
november
december
Your gateway to Europe With Paris as your home base, you will soon find yourself seeing Europe from a different perspective. Wake up in Paris. Lunch in London. Weekend in Venice. Live like a true Parisian.
Introducing
paris residence club
Where sensible can also mean sensational! Paris Residence Club is an elegant urban mix of private residences, commanding prestigious and convenient locations for business and pleasure. The Club provides hassle-free Paris ownership by combining the advantages of fractional ownership with many of the services and amenities of a fine hotel.
Fractional Ownership Th i s i s t h e simplest and most elegant solution to fulfill any Francophile’s dre a m to own a little piece of Paris, and it is gaining momentum because i t s i m p l y m a kes sense. Why incur a ll of the costs of owning a proper ty you’ll o n l y u s e p a r t of the time? Why not share the costs with other people? With a s h a re d ow n ership in Paris Residence Club you benefit from lower acquisiti o n an d o p e ra t ing costs, and eliminate or diminish the need for rental tenants . A n d by t y i n g up fewer financial resources than whole ownership, it will fre e f u n d s fo r other investments or vacation homes, spreading your exposure a n d eco n o m i e s across the globe. Imagine owning a Paris apar tment , a G reek i s l a n d ret reat , a ski chalet in the Alps, and a farmhouse in Provence, and s p e n d i n g your leisure or retirement moving among all of your favorite place s i n t h e wo r l d. That’s why many people who could easily afford their own va ca t i o n h omes are opting for frac tional ownership instead.
Club Residences
All efforts and expenses were lavished on our contemporary residences to provide the ideal Paris pied-a-terre that you have been searching for. They are designed as private residences first, and equipped with many of the features and facilities that you’d find in a five-star hotel room, and much more.
Q&A
How is the ownership evidenced? Each fractional ownership apartment is acquired via a non-profit US homeowners association. Owners can sell, gift, or will individual ownership interests at any time. The sale, gift, or passing following death will occur in the U.S. under U.S. law, and will not require any professional services, legal proceedings, or recordings in France. Can a company or corporation purchase a membership? Yes. A membership can be held in a corporate name. The Membership designates an individual who is responsible for requesting reservations in accordance with the Rules and Regulations. Can more than one family or individual own a single membership? Yes. Families or individuals may form a partnership, trust or other legal entity which can own a single membership. It will be up to the joint owners to allocate usage in compliance to the Rules and Regulations. Is Paris Residence Club a typical timeshare development? No. Timeshare is typically limited to the ownership of a specific time in a property. Paris Residence Club Members have real ownership of their properties, as well as full control over management and maintenance. Why was this urban club concept developed? Paris Residence Club is designed to provide more convenience, services and amenities than are provided by an equally luxurious Paris development; provide each Member with ample time to visit for business and leisure use; and reduce the real estate cost through shared ownership. Paris Residence Club offers an alternative to vacation rentals and to expensive and less spacious luxury hotel rooms while conveying real estate ownership in some of Paris’ most exciting neighborhoods. Have other clubs been developed in this manner? Yes. This ownership concept has been well-received by buyers at some of the premier resorts in the US, such as Vail, Telluride, Deer Valley, as well as other urban destinations, such as Manhattan, London and now Paris. Paris Residence Club differs from other resort clubs by offering properties in different parts of Paris, hence conveying a true feeling of belonging and living like a true Parisian. How often can owners/members use their residence? If all members use their Club equally throughout the year, each Member would have a minimum of four weeks use, plus a bonus week on either the Provence house or Club yacht. However, there is no limit to the amount of use: If some Members use the Club less than their available time, other Members will be able to use it more often. How does a member reserve flexible weeks? Paris Residence Club reservation policies allow Members to reserve their flexible weeks well in advance while also accommodating last minute visits. In the fall, Members reserve their flexible weeks for the coming year. Last minute visits are reserved throughout the year. Will members always stay in the same Club residence? No. To provide greater flexibility and availability, Members have access to other Club properties, including potentially larger residences in Paris, a Provence house, as well as a sailing yacht, currently moored in Marseille. Members may request a specific residence and this request will be granted, when possible, and according to Club financial conditions. Do members/owners pay annual fees? Yes. The annual owner fees pay for the professional management and operation of the Club properties, services and amenities. Included in these annual dues are funds for staff salaries, supplies, maintenance, legal/accounting, utilities, property taxes, insurance, a reserve fund, as well as a bonus week in the Provence house or the yacht. Do members pay housekeeping charges when they stay at their residence? Yes. A housekeeping fee will be charged for each visit. Members can receive light housekeeping service daily for an extra fee, which includes fresh towels, surface cleaning of the kitchen and bathroom, trash removal and bed making. Who establishes the dues and controls the affairs of the Club? When the Paris residence Club Members take control of their residences as prescribed by the bylaws, a Member-elected Board of Directors establishes budgets and fees on an annual basis, as recommended by the management company. Can a Paris Residence Club membership be resold? Yes. Like any other form of real estate in Paris, the Member’s ownership interest can be sold or transferred by the Member, subject to the company bylaws. In addition, a special clause has been added to the bylaws, allowing a Member who has owned an interest for more than 10 years to exit from the Club, even under adverse economic situations. Can members rent their time out? Paris residence Club property bylaws do not forbid Members from lending or renting their weeks to others, provided the latter abide by the rules and regulations and usage conditions of the Club.
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This is neither an offer to sell nor a solicitation to buy in any jurisdiction in which registration requirements have not been fulfilled. More detailed information on all aspects of this offering is available upon request.