Owning a Paris apartment as an American
Own a piece of a managed Paris apartment from $210,000: your own home in the Marais, Saint-Germain or the 7th for four to six weeks a year, ready when you land. 3 apartments are listed today.
The Paris apartments listed today
Paris 4th, France — Apartment Sleeping 4, With Balcony in the Marais
$210,000
$210,000 · 1/13, about 4 weeks a year
Paris 6th, France — 3-Bed Apartment in Saint-Germain-des-Prés
€299,000
$336,000 (€299,000) · 1/13, about 4 weeks a year
7th Arrondissement, Paris, France — 2-Bed Apartment
$699,000
$699,000 · 1/8, about 6 weeks a year
Why Americans co-own in Paris
Most Americans who love Paris go back every year, and every year they start again: a hotel room, a rental that never quite feels like home, a suitcase that never gets unpacked. Owning a piece of an apartment changes that. It is furnished, cared for by a local team, and waiting for you each visit, with your coffee, your books and your favorite corner café two doors down.
Nonstop flights from New York take about seven hours, and more than a dozen US cities fly nonstop to Paris. Spring in the Tuileries, long summer evenings on the Seine, fall in the Luxembourg Gardens, the lights of the Champs-Élysées at Christmas: every season has something to give, and owners use their weeks across the year.
The neighborhoods owners choose
The Marais (3rd and 4th) is the Paris of medieval lanes, the Place des Vosges, galleries, falafel on the Rue des Rosiers and some of the city's best small museums. It is lively, walkable and right in the center.
Saint-Germain-des-Prés (6th) is literary Paris: Café de Flore and Les Deux Magots, the Luxembourg Gardens, antique dealers, bookshops and the best pastry in the city. It is also where Paris apartments tend to hold their value best.
The 7th is elegant and residential, between the Eiffel Tower, Les Invalides and the Musée d'Orsay, with the Rue Cler market street and Le Bon Marché close by.
How your weeks work
A Paris apartment is usually shared by eight to thirteen owners. A 1/13 piece gives you about four weeks a year and a 1/8 piece about six. Weeks are set through a fair calendar, typically a mix of fixed and rotating weeks so every owner gets their turn at spring and the holidays, and owners can swap weeks with each other.
Between your stays the team that manages the apartment cleans, maintains and looks after everything, so you arrive to a ready home and leave without closing it up.
Buying from the US
Some Paris apartments are priced in dollars and others in euros; this page shows both. You own a piece of the apartment itself, alongside a small group of other owners, and the team that manages each home walks you through how ownership is set up and the closing, much of which can be done from home.
US passport holders can spend up to 90 days in any 180 in Europe's Schengen area, so four to six weeks a year in Paris fits comfortably, with room for other European trips.
As a US taxpayer you report income from property abroad and may need to list foreign holdings, as you would for any home overseas. Many owners ask a cross-border adviser to confirm what applies to them.
Questions buyers ask
How much does it cost to own a piece of a Paris apartment?
Pieces of the Paris apartments listed today start from $210,000. On top of the price you pay the closing costs, and while you own you pay your share of the apartment's running costs, split between the owners. We send each home's figures on request.
Can an American buy property in Paris?
Yes. France places no restrictions on foreign buyers, and Americans are among the most common international owners of Paris apartments.
Can I rent out my weeks?
Paris strictly limits short-term rentals of second homes, so co-owned apartments are kept for owners, their family and their friends. You can lend your weeks to people you know.
Is this a timeshare?
No. You own a piece of the apartment itself with a small group of owners. Your piece can rise in value with Paris property and you can sell it or leave it to your family.
How do I get my weeks?
Through a shared calendar set well ahead, with fixed and rotating weeks so everyone gets their turn at the best seasons. Owners can swap weeks with each other.
All Paris homes →Buying from the UK? Read the London edition →