Real estate in Europe is expensive. In the city center of Bordeaux, France, purchasing a single-bedroom apartment can run upwards to $400,000. There are bargains to be had, but rarely will an inexpensive flat in a French city be much to look at. Between the age of the buildings and the high taxes, it's incredibly difficult for an average person to own their own place in Bordeaux.
Jérémie Buchholtz was one such person looking to be a homeowner. Priced out of most city housing, he was beginning to lose hope when he stumbled upon a dilapidated garage, nestled into a private alley, in a quiet neighborhood, for the low, low price of nearly $100,000.