Wednesday, January 10, 2024
Pacaso, the real estate marketplace leveraging technology to facilitate the purchase, co-ownership, and sale of vacation homes, has officially expanded its operations into Paris. This move marks the company’s inaugural foray into the dynamic French real estate scene. With Paris joining its portfolio, Pacaso is now present in 40 global destinations across France, Mexico, the United Kingdom, and the United States.
CEO and Co-Founder Austin Allison emphasized the international success of Pacaso, particularly in cities like London and Cabo, highlighting the widespread appeal of co-ownership. Responding to the demand from current owners and eager buyers, the company has entered the Paris market in 2024. Allison acknowledged the challenges American buyers face in navigating international real estate transactions and emphasized Pacaso’s unique solution, making international ownership a seamless experience.
Situated in the heart of the iconic 7th arrondissement, Pacaso’s first residence in Paris combines timeless elegance and modern comfort. Priced at €575,000 per 1/8 ownership share, this two-bedroom, two-and-a-half-bathroom home occupies the second floor of an impeccably preserved 18th-century building. The residence features an airy living room with floor-to-ceiling windows, exposed stone walls, and beamed ceilings, seamlessly integrating a semi-open plan kitchen, dining area, and powder room. The primary suite upstairs boasts an en suite bathroom with dual vanities and a luxurious soaking tub, while a well-appointed guest suite completes the upper level. Currently undergoing Pacaso’s meticulous onboarding process and a design refresh, the residence promises a distinctive living experience.
Allison conveyed enthusiasm regarding the exceptional location of Pacaso’s inaugural Parisian residence, strategically positioned in the vibrant Saint Germain district, just moments from the Seine River and a brief stroll from the renowned Louvre. The dwelling promises an unparalleled living experience within one of Paris’s most characteristically charming neighborhoods, adorned with delightful shops and cafes. Against the backdrop of the approaching 2024 Olympics, prospective buyers are eagerly looking forward to the forthcoming events in the enchanting city of Paris, as noted by Allison.
Wednesday, May 1, 2024
Wednesday, May 1, 2024
