Own a piece of Paris | Fractional Ownership in Le Marais

Fractional Ownership in Le Marais – your own private get away in the heart of Paris at an affordable price…

If you’ve ever dreamed of owning your own home in Paris, you’ll likely know that the price of property is a major reality check. Add to that the need to deal with year-round upkeep, navigating French bureaucracy, coordinating repairs across time zones — well that can really dull the dream.

So how to make that dream come true? Consider fractional ownership. It simply means the division of a property (or any asset) into portions or shares. Instead of owning the property yourself, you own a percentage or share of the property. The property’s title or deed is legally divided into shares for each of the owners.

Olga Nikishin-Grushin, an attorney based in Florida, and David Brown also an attorney, based in California are both long-time lovers of Paris — and both are fractional owners of an apartment in Le Marais district in Paris. They bought their shares more than ten years ago and love spending time there.

Your own private getaway in the heart of Paris

“It’s a wonderful way to live in Paris, albeit part-time. Staying in a hotel can be great but I wanted my own space, to live life fully like a Parisienne, to shop at the markets and cook dinner for friends and family, to have somewhere to really relax with my own TV and great WIFI, a place to work when I needed, and air conditioning, somewhere that felt ‘chez moi.’ And that’s exactly what I got when I bought a share in my apartment.”

Olga and David met through their apartment WhatsApp group, and both had a passion for fractional ownership, and for Paris. They decided it was such an amazing opportunity, they wanted to share it with like-minded Francophiles!

They searched long and hard for the perfect Paris apartment and presented their first property in 2024. Combined with a highly responsive management team and all the administration taken care of for the homeowners it was a resounding success with happy fractional owners now enjoying their Paris home. As one puts it “It has allowed me to enjoy the best of Paris without the burdens that often come with traditional ownership. I truly feel fortunate to be part of this community.”

Fractional Ownership in Le Marais

As a legal owner of a fraction of Maison Rivoli, you can sell, transfer or bequeath your share. Your stay is allocated in two-week blocks about 6 months apart and each year your stay allocation moves forward by 10 weeks so that you can experience the different seasons of Paris – and of course you can swap weeks with a co-owner.

In 2025, after another long search, Pied-a-Paris discovered Maison Rivoli – which ticked all the boxes: perfect location, ideal layout, lots of light and high ceilings, impeccable condition, and elevator access. As Olga says “We don’t just look for any apartment in Paris, we’re looking for the one. Luckily as a Paris ‘local’ myself, I heard about an off-market property and as the first to view it, I knew instantly that we’d found the perfect Paris apartment. It has everything you want from a classic Haussmannian building – wide windows, lots of light, great features like parquet flooring and a marbled Louis XIV fireplace. It’s been gorgeously decorated elegant, refined and airy, and fully furnished with antique mirrors, superb furnishings and bespoke textiles.”

“It’s in the most fabulous part of Le Marais district. The Rue de Rivoli, one of Paris’ most famous streets which runs alongside the Louvre, the Tuilleries Gardens, Place Vendôme and the Palais Royale, is merely downstairs! The oldest covered mar”

One of the things that makes fractional ownership so good is the fact that you don’t need to worry about all the bureaucracy of owning a second home abroad. When you become a part owner of the stunning Maison Rivoli, all the administration, maintenance and housekeeping is taken care of, from cleaning to utilities, book-keeping to tax, insurance to property management. All you need to do is drop your luggage off at your Paris home and enjoy life as a local in the city of light.

Fractional ownership is a clever solution to the age-old longing for a pied-à-terre in the City of Light. Not a holiday rental. Not a timeshare. But genuine, shared ownership of a home in Paris. And not just any home – a beautifully restored apartment in a classic Haussmannian building in the heart of the Marais.

You just turn the key and – your Paris home awaits.

Find out more at piedaparis.com

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