Real estate dealer, Pacaso said it will expand into the Paris market, making the company enter into the French real estate landscape, on Wednesday.
The company said it marks the expansion into 40 global destinations in four countries namely France, Mexico, the United Kingdom, and the United States.
“Our international success, particularly in places like London and Cabo, has underscored the universal appeal of co-ownership,” said Austin Allison, Co-Founder of Pacaso and added, “At Pacaso, we recognize the challenges American buyers face when purchasing and managing homes internationally.”
The San-Fransisco-based company said that priced at €575 thousand (~$631 thousand) per 1/8 ownership share, this two-bedroom, two-and-a-half bathroom home occupies the second floor of a well-preserved 18th-century building, a living room, with floor-to-ceiling windows, with stone walls, and beamed ceilings and more.
“Our first Pacaso home in Paris is in the heart of Saint Germain, steps from the Seine and a few more to the Louvre, offering an outstanding living experience in one of the most quintessentially Parisian neighborhoods, surrounded by charming shops and cafes,” stated Allison.
Pacaso is a technology-enabled marketplace that curates luxury listings with premium amenities and high-end contemporary interior design, ownership with integrated financing, after purchase, professionally manages the home, and supports seamless resale.
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