PARIS Real Estate Finders (PREF)

Buyer's Apt Specifications

What I want, exactly, in my Paris apartment!

This “Buyer's Specifications” questionnaire helps you to find out what your exact needs and specifications are for an apartment in Paris. We have more than 3000 Paris apartments in our database to help match you up closely with your wants and desires.

Regretfully, we must advise you that we cannot accept clients with a budget of less than 200,000 Euros. The Parisian market has increased to the point that properties under this selling price are both very difficult to find and generally unacceptable to our clients. We recommend that those with lower budgets search directly through “Particulier a Particulier” or use local real estate agents in the neighborhoods of their specific interest.

Questionnaire

Please give your best answer to each of the eleven questions that follow; not answering a question may negatively affect your search results.

1. Apartment size

How many rooms / square feet (sf) / square meters (m²) do you need? 1 pièces Studio (210-375 sf / 20—35 m²) 2 pièces (1 BR, LR 375-550 sf / 35—50 m²) 3 pièces (1-2 BR, LR,~DR 550-750 sf / 50—70 m²) 4 pièces (2 BR, LR, DR 750-1100 sf / 70—100 m²) 5 pièces (3BR, LR, DR 1100-2200 sf / 100—200 m²)

BR = Bedroom | LR = Living room | DR = Dining room

2. Location

Pick a grouping of similarly priced areas — arrondissements — in which to find your property: Low Priced (Arrondissements 10, 11, 19, 20) Modestly Priced (13, 14, 15, 18) Moderately Priced (3, 9, 12, 17) High Priced (1, 2, 8, 16 — pick a Very High or higher Budget to go with this selection) Very High Priced (4, 5, 6, 7 — pick ONLY the Highest budget to go with this selection)

3. Budget

What is your price range?

(at ~0.64 Euros to the dollar and remembering that PREF selections are going for an average of ~7962 Euros per m2) Plan budgets of ~150,000 Euros per piece on the inner Left Bank and ~130,000 Euros per piece on the Right Bank.

Low ($200,000—360,000 / 130,000—230,000 Euros) Moderate ($360,000—500,000 / 230,000—325,000 Euros) High ($500,000—650,000 / 325,000—425,000 Euros) Very High ($650,000—900,000 / 425,000—625,000 Euros) The Highest ($900,000—1,800,000 / 625,000—1,200,000 Euros)

4. Mortgage

Mortgage money at ~4—5% interest is available in Paris at banks where we can introduce you;
I want to mortgage/borrow this amount of the cost... 0% — I will pay all cash 20% — minimum leverage 40% — moderate leverage 60% — typical buyer — puts 40% down 80% — maximum leverage

5. Building Style

What style of building do you prefer? Classical (6-stories, parquet, marble fireplaces, mirrors, plaster moldings) Modern (post-WWII, high rise, parking, all modern facilities, elevator) Either is fine with me

6. Levels

I am willing to walk up... Zero floors get me an elevator—ascenseur!) Two floors Three floors Four floors All the way

7. Time frame

My time frame for taking possession of my new Paris real estate is ... 3 months 6 months 9 months 12 months (1 year) 18 months (1 ½ years)

8. Renting/Letting Out

As an owner my interest in RENTING /LETTING out this apartment to help defray my operating expenses is... None (I want it for my exclusive use) Modest (up to 4 weeks/YR) Moderate (up to 12 weeks/YR) Maximal (up to 48 weeks/YR with owner taking random openings in otherwise full rental schedule)

9. Must-haves

These are things my apartment MUST HAVE... Modern kitchen and bathroom (add 20% to your budget) View (add 15% to your budget) Elevator (add 10% to your budget) Gardien (add 5% to your budget) Parking (add 5% to your budget)

10. Language Skills

My ability with the French language is... Nonexistent Modest (can understand them sometimes) Moderate (can make myself understood) Advanced (no communication problems) Professorial (can 'out-French' the French)

11. Renovation Experience

I/we know that renovation skills can enhance the value of a property; my/our personal fix-up skills are... Nonexistent ('what are hammer and nails?') Modest (can drive nail with hammer) Moderate (can do a variety of things with direction) Advanced (can plan and execute renovation project) Craftsman (can make hammer and nails from scratch)

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