What features affect the price of real estate in Paris?

It seems everyone wants a nice view, a high floor and a perfect turn-key apartment, but is there a way to quantify those elements and understand how each factor impacts the price of a property? This one-stop chart helps break down the various features that determine the cost of Parisian property, from an apartment’s location to the renovations that need to be done.

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Johnny Depp Provence property

Johnny Depp is selling his $55 million village estate in the South of France

The Pirates of the Caribbean star is selling his Provence home for €50 million ($55 million), doubling the original asking price for the sweeping estate, and you can get an insiders’ look at  the property.
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Pont Lodi

Versatile apartment in Paris, just steps from the Seine river and Pont Neuf

Photos can’t capture the charm of this renovated 3-bedroom, 3-bath property. Set on a quiet street in the most desirable area of Saint Germain in Paris’ 6th arrondissement, just off rue Dauphine, this property is just steps from the Seine River and Pont Neuf.  A two-minute walk in either direction puts you on Ile de la Cité or the upscale shops of the 6th.  A turn-key studio can be connected or locked off.  Offered at 1,945,000 €, agency fees included.

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Real estate price growth 2016

Paris real estate prices continue their rise as the market hits an all-time high

Newly-released figures show continuous steady growth over the last few months, and impressive growth over the last 20 years.  Although market fluctuations in the last 10 years have created some uncertainty along the way, the value of real estate in Paris is as strong as ever. continue reading…

Paris Property Group finds a great property for clients searching long distance for a pied-a-terre in Paris.

Long distance love affair: Find and finish a Paris apartment – then see it for the first time

It could be the subject of a real estate reality show. Paris Property Group clients Jeff and Kristy, a young couple expecting their first child, wanted a pied-a-terre in Paris that would also be a great rental investment property. The pair, physicians based in Phoenix, Arizona, first thought Jeff would come to look at property alone, so that Kristy wouldn’t have to travel late in her pregnancy; but he didn’t want to make the choice for them both. So they took a leap of faith and asked PPG to search for them, to send photos and videos of anything interesting, and see what would come.

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Ile Saint Louis Studio

Fairy tale studio apartment in Paris on Ile Saint Louis offers charm and amazing views

It’s hard to know what is most magical about this studio pied-a-terre on Ile Saint Louis:  the sweeping views that take in nearly all the monuments in Paris?  Is it the charming cottage-like feeling of the space?  Or the coveted location in the best part of Ile Saint Louis?  There is a lot to love about this 27 m2 studio apartment with a sleeping loft tucked up under the rafters.  The apartment is located on the 5th floor of an early 17th century building that is scheduled to receive an elevator before year end.  Offered at 650,000 €, agency fees included.

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Island retreat in Paris with a view: Stylish apartment with guest loft on Ile Saint Louis

Incredible views over the cathedral Notre Dame and a coveted address on Ile Saint Louis are but two of the remarkable features offered by this renovated two bedroom, two bath apartment in the heart of Paris.  The property also boasts impressively high ceilings, elegant parquet de Versailles floors and a historic facade that is classified as a monument historique dating  from 1685 and reportedly designed by the same architect as the Les Invalides.  The 80m2, 3rd floor property is offered at 3,200,000 €, agency fees included.  For a look inside, read more…

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Elegant floor plan, balconies and a commanding view in the 16th arrondissement of Paris

This impeccable three bedroom / two bath residence boasts a stylish etoile entry hall, numerous balconies and an open view, just steps from Avenue Mozart, Rue Passy, and all their chic shops and restaurants.  Listed at 1,495,000€ FAI. continue reading…

1024px-Paris_-_The_Eiffel_Tower_in_spring_-_2307 : Wiki : Jorge Royan

Paris real estate prices stabilize while volume of sales continues to rise

Has French real estate made a full-fledged recovery? Professionals’ opinions vary, yet all agree that significant progress has been made. Real estate transactions increased substantially throughout 2015 and into 2016. What’s next for prices in the capital?

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Grande Arche : Flickr : James Russell

La Défense thrives with new projects and developments

Paris’ business district is undergoing a major revamp, complete with sprawling terraces and gardens, new avenues and towers under construction, organic restaurants and trendy bars.

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Canopée des Halles : Le Figaro

Colossal Les Halles canopy finally unveiled – to widespread critique

The long awaited completion of the billion-euro project revamping the Forum des Halles, central Paris’ underground shopping hub, has been marred by detractors criticizing its aesthetic and construction faults.

The current Mayor of Paris, Anne Hidalgo, was joined by former Mayor Bertrand Delanoë in the unveiling of the renovated Forum des Halles shopping complex on April 5th. continue reading…


Charming Montmartre Studio with Terrace

This 15.69 m2 remodeled studio apartment in Paris with a lovely garden terrace is located on a charming street next to the park that surrounds Sacre Coeur on the 3rd floor of a charming and well-maintained red brick and stone building. Offered at 235,000€ FAI.

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“Draw me tomorrow’s Greater Paris” competition launched

Latest urban planning competition in Île-de-France calls for projects to develop La Métropole du Grand Paris ­— the Greater Paris Metropolis.

Urban planning contests are decidedly popular in the French capital of late. After “Reinventing Paris” and “Reinventing the Seine,” the Regional Council of Île-de-France has recently launched a new architectural competition, focused on Grand Paris, or Greater Paris. continue reading…

European flag Flickr : Bobby Hidy

A simpler tool for international inheritance in France: the European Certificate of Succession

A new certificate easily obtainable from a French notaire makes inheriting property in France a far simpler process for non-residents. The European Certificate of Succession allowing heirs to assert their rights in a more streamlined manner is applicable in all EU member states.

Until recently, to receive international inheritance, heirs had to go through a long and complex process to make a deceased’s will enforceable in a foreign country. This included having it professional translated, validated by the country’s judicial authorities and sometimes even needing to have a new act drawn up. continue reading…

meero photographe d'intérieur-12

Elegant 2 bed, 2 bath apartment in Paris with a view of Luxembourg Palace

This fully renovated, chic and sophisticated 84.27m2 two bedroom, 2-bath property boasts a prestigious address only steps from the entrance to Paris’ famed Luxembourg Palace and Gardens.  Offered at 1.950.000 €, agency fees included. continue reading…

Edison Lite Réinventer Paris

Paris testing out new housing model free of co-ownership fees

A unique building project whose apartments will be free of co-ownership fees is scheduled for completion in 2018. This will allow units to be 30% cheaper than normal. The future building is one of 22 projects selected as part of the Reinventing Paris competition.

A new real estate project called Edison Lite is expected for completion in 2018 near the Place d’Italie in the 13th arrondissement of Paris. The future building is one of 22 winning projects selected by the City of Paris as part of the Reinventing Paris competition. continue reading…

Pershing Mairie de Paris

A livable forest of 1000 trees in the heart of Paris

As part of the Reinventing Paris competition, a Japanese architect plans to build a unique structure complete with 1000 trees in the 17th arrondissement.

One of 22 projects selected as winners in the “Réinventer Paris or “Reinventing Paris” competition, the 1000 trees incentive will see the light between Porte Maillot and Porte des Ternes, in the northwest of the capital. continue reading…

Rue Christine3

Charming and cozy pied-à-terre apartment in Paris’ 6th

This charming two-bedroom, two-bath pied-à-terre is nestled away in a very pretty 18th century building and hidden among the narrow winding streets of Saint Germain. Just steps from the river and all the high end shops and cafés in this very sought after neighborhood, this property is a history lovers dream. The 74m2, first floor residence has been completely renovated and is being sold with all furnishings included.  Listed at Price : 1 650 000 .  Agency fees included. continue reading…

Stéphane Malka 3BOX

Prefab box apartments to be built on Paris’ rooftops

A French architect plans to build prefab apartments on top of existing buildings in Paris. Aside from being eco-friendly, these properties would cost 40% less than market price.

French architect Stéphane Malka wants to solve the housing crisis by creating prefab apartments and placing them on top of existing property in Paris. Nestled on top of buildings and thus involving no land plot or ground acquisition costs, this new housing would cost 40% less than market price, according to Malka. continue reading…


French real estate recovery to intensify in 2016 and positively impact country’s economy

In France, the real estate sector’s renewed activity is set to continue into this year. Olivier Eluère, economist at the Crédit Agricole explains its recovery’s positive influence on the country’s economy.

After a lengthy housing slump the property sector is doing well again while the construction industry has also recovered, stabilizing in 2015 after seven years of crisis. It is expected to restart this year. Construction is an important sector of France’s economic activity, explains Olivier Eluère, an economist at the Crédit Agricole bank. continue reading…

1024px-Paris_-_Rooftops_-_Eiffel_Tower Wikipedia : Jorge Royan

Parisian service rooms worth a fortune, according to new study

Nestled in the attics of Parisian buildings, service rooms, maids rooms, or chambres de bonne as they are referred to in French, are selling like hot cakes, according to the notaires.

A new study by the Parisian notaires entitled “Three decades of real estate in Paris” has found that service rooms in the capital are fetching handsome sums. This “niche” sector of the real estate market reportedly weathered the 2008-2009 crisis, resisting the severe slump that affected the rest of the housing stock. An absolute godsend for their owners, who can sell these tiny spaces for prices in excess of 9,000 euros per square meter. continue reading…

Espace_vert_à_Paris Wikimedia : Andreal90

250 acres of roofs and walls to be greened in Paris by 2020

The City of Paris recently signed a charter with 33 private companies and public institutions to green the city’s walls, roofs and other surfaces. The aim is to combat climate change while developing urban agriculture.

The Mayor of Paris, Anne Hidalgo, keeps delivering on her promise to green the city. She recently signed a charter with 33 private and public players formalizing their commitment to “contribute to the greening of the city” and develop urban agriculture projects. Close to 250 acres — 100 hectares — of roofs, façades, walls, parking lots and other urban surfaces will be covered in vines, creepers, shrubbery and other flora by the year 2020. continue reading…

ws-fr-cap-ferrat-villa-les-cèdres-du-roi-léopold : 1914-18be

Historic Southern French villa to be sold for 300 million euros

Spirits company acquisition could see luxury villa worth 300 million euros also change hands. The sale of the famed Grand Marnier liquor to Gruppo Campari would include the historic Les Cèdres villa in Saint-Jean Cap Ferrat.

Family business Grand Marnier may soon be bought by Italian spirits company Gruppo Campari. If the transaction goes ahead, the beautiful villa Les Cèdres would be included in the sale. The family business is valued at nearly a billion euros, with the company itself worth 687 million and the villa estimated between 300 and 500 million euros. continue reading…

Mortgage Flickr : GotCredit

French real estate market sustained chiefly by advantageous mortgage rates, according to Meilleurs Agents

In MeilleursAgents’ latest barometer of residential property prices, the current health of the French real estate market is chiefly attributed to exceptional loan conditions.

MeilleursAgents 79th monthly barometer finds that advantageous mortgage rates, which have decreased again by 0.2% during February, are encouraging buyers to purchase homes. In addition, the market has entered its high season where investors, families and first-time buyers are prospecting for property. continue reading…

1024px-Vue_panoramique_de_Dijon Wikimedia : Christophe Finot

Dijon’s center remains attractive while prices drop elsewhere in the city and suburbs

Since 2012, property prices in Dijon and its periphery have fallen slowly but steadily. However, houses and apartments in the historic city center remain expensive and sought after.

For the past three years, prices have fallen slightly but steadily in Dijon and its periphery. Between 2014 and 2015, apartment prices decreased by 4.5% to stand at 1,900 euros per square meter. Meanwhile, house prices fell by almost 5%. Most transactions in the area now pertain to property costing less than 200,000 euros. continue reading…

1024px-Union_Jack_and_the_european_flag Wiki : Dave Kellam

French luxury real estate benefits from threat of Brexit

The high-end real estate market in France may profit from the uncertainty of Britain remaining in the European Union, predicts real estate network Coldwell Banker.

The political and economic uncertainties linked to Britain’s potential exit (Brexit) from the European Union may benefit French luxury property, according to luxury real estate agency Coldwell Banker. continue reading…

Bien Ici 2 - copie

A single website for all French property listings

Real estate professionals have banded together to form the largest online property listing database. The aim is to offer one and a half million properties for sale on a single platform.

Increasingly, anyone on the market for a new home will look to the Internet as a first point of call. But it can be a daunting task to sift through the numerous websites listing properties for sale or rent. In France alone, these websites are plentiful and include Le Bon Coin, Se Loger, PAP, Acheter-Louer and a wealth of others. continue reading…

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Renovated 2 bed / 2 bath apartment in Paris’ 6th might be the world’s most perfect pied-a-terre

Paris flats come in many shapes and sizes, but seldom do we see apartments that are as incredibly efficient and well located as this 50m2 (560 square ft.) two bedroom, two bath apartment on rue Bonaparte in the Saint Germain area of the 6th arrondissement, just a block from the church of Saint Germain and two blocks from the river Seine.   The first floor apartment (2nd floor American) boasts a generous kitchen and storage as well as location, location, location.  Offered at 925,000€ FAI.  continue reading…


Housing cooperatives now defined by decree

A new decree sets the rules for creating and managing cohousing communities — intentional groups of co-owners. These housing cooperatives are considered legal entities, enabling people to come together to design, build and run their housing groups.

In 2014, the Alur law — law on access to housing and renovated town planning — officially recognized housing cooperatives for the first time. Recently, a decree published in the Journal Officiel — the country’s official publication — on December 21, 2015 specifies these entities’ operating rules. continue reading…

Villa Ephrussi Rothschild Côte d'Azur Wiki : Berthold Werner

Where’s the best place to purchase a brand new home in France?

When investing in new rental property, choosing the right location is key. A recent study reveals the top locations to buy freshly built real estate in 2016 in France.

As is shown by the steady recovery of the new build sector, the Pinel law has proven to be a success. The legislation, which came into force in January 2015, offers rental investors attractive tax rebates if they rent out new property in high demand areas. It is credited with helping sales of new homes swell by 18.9% in the first nine months of 2015, with investors comprising 54% of sales — the highest percentage since 2011. continue reading…

Wikimedia : Europa credito urgente

PPG Why you should make a claim against social charges paid on capital gains tax

The French government has reintroduced extra capital gains taxes on property sold in France by non-residents, using a not so subtle legal subterfuge that may well be contested by the European Court of Justice in coming months.

The issue of capital gains overpaid by non-resident property sellers in France has been a widely disputed issue, and one extensively covered by Paris Property Group, since the European Court of Justice (ECJ) ruled at the start of last year that foreign property sellers were being overcharged. continue reading…

Flickr : Images Money

Crowdfunding real estate in France: When participative financing builds homes

No longer merely the realm of tech start-ups and innovative consumer products, crowdfunding is increasingly used in the French real estate market. In the past couple years, several building projects have seen the light thanks to participative financing.

The French real estate sector has found an innovative way to source capital while involving communities in urban development. Crowdfunding is slowly becoming a fairly common method for developers to fund their projects. Last year alone, 117 building projects were financed by private individuals with 30 million euros raised via crowdfunding platforms. continue reading…

facade-of-building Pixabay : Alexandria

Paris rent caps: 42% of rental properties “illegal”

Effective since 1st August 2015 rent control is not being observed by a large portion of landlords, according to a new study. Implemented in Paris as a trial, there is little chance the regulation will spread to the Île-de-France region.

The National Association of Consumers (CLCV) has found that 42% of properties advertised for rent are not adhering to rent caps enforced in the French capital since August 2015. The measure was applied to Paris as a trial, in an effort to “limit the abuse of power by some property owners and facilitate access to housing for low-income people.” continue reading…

Voltaire Réinventer Paris : mairie de Paris

Reinventing Paris: the 22 winners of the competition announced

The City of Paris has finally announced the 22 winners of the “Réinventer Paris” competition, launched in November 2014.

The Mayor of Paris Anne Hidalgo recently announced the 22 winning projects of the urban design competition “Réinventer Paris”, or “Reinventing Paris”. A call for projects to rebuild and renovate select spots across the city was launched over a year ago in November 2014. Out of the 372 projects initially submitted, 75 were preselected in July 2015. continue reading…

Louvre Flickr: apple.white2010

Paris climbs in ranking of top 10 real estate destinations

Paris gained three spots in an international ranking of real estate destinations around the world, climbing from the 10th spot in 2014 to the seventh in 2015.

According to Barnes International, the decline of the euro contributed to Paris cementing its place last year in an annual ranking of the 10 most popular cities in the world for wealthy real estate buyers. Tenth in 2014, the French capital has climbed three spots to place seventh in 2015. continue reading…

Parisian rooftop : Flickr : Panoramas

One million square meters of unoccupied Parisian attic space may be turned into housing

Commonly called chambres de bonne — or maids’ rooms — thousands of small properties lie empty under Parisian roofs. The City of Paris plans to buy these spaces and turn them into private or social housing.

The City of Paris has turned its attention towards the capital’s roofs, or rather, what lies directly underneath them. A recent study by the Paris Urban Planning Agency (APUR) has revealed that of the 114,400 “maids’ rooms” that exist in the capital, over 85 % of them are unoccupied. This equates to over one million square meters of vacant space. continue reading…

800px-Arc_de_Triomphe_de_l'Etoile_-_14_Juillet_2011_-_Paris,_FRANCE.Wikipedia : bNjphoto JPG

Luxury real estate: Paris remains a favorite with international investors

A market survey released by Barnes Realty International finds that Paris’ luxury real estate remains highly sought after, partly due to the city’s comparatively low prices.

According to Barnes Realty International, the French capital “retains a special place in the heart of international investors,” especially when it comes to purchasing luxury real estate. Despite the enduring popularity of London and New York, Paris retains its magnetic draw for property investors, mainly due to its comparatively low prices. continue reading…


Paris plans to convert office space into homes to meet housing demand

The French government recently passed a tax measure aimed at encouraging the transformation of vacant offices into housing in Paris. Over 800,000 square meters of office space in the city are reportedly unoccupied.

New finance laws for 2016 include a tax measure intended to push commercial property owners to convert offices in Paris into housing. Officials estimate that 5% of office space in the city lies vacant — totaling 800,000 square meters. continue reading…

Tours DUO PV05

Paris green lights the Tours Duo skyscraper project

The City of Paris delivered the building permit for the Tours Duo project on 22nd September. The asymmetrical towers designed by architect Jean Nouvel will see the light in the French capital in 2020.

Chosen during an international competition held by the City of Paris on 24th April 2012, the Ateliers Jean Nouvel will finally be able to build their proposed “Tours Duo.” The jury was chaired by Anne Hidalgo, then deputy in charge of urban planning, now Mayor of Paris. The two towers will be financed by investors Ivanhoe Cambridgecontinue reading…

la-defense-514282_960_720 Pixabay : FranziWa

Commercial real estate in Île-de-France remained generally stable in 2015

The commercial real estate market in Paris and its region experienced a contrasted evolution over the past year, nonetheless remaining fairly stable year on year, according to real estate agency Knight Frank France.

Real estate agency Knight Frank France has released an overview of commercial real estate in Île-de-France in 2015, taking stock of both the sales and rental market of office space across the region. continue reading…

House Calculator Pixabay : AlexanderStein

In 2015, property prices fell across France — except for Paris, Lyon and Bordeaux

The year 2015 saw French real estate recover, with sales volumes reaching those of the boom years. While prices dropped steadily across most of the country, they soared in Paris, Lyon and Bordeaux, among a few others.

Last Spring, the real estate market in France began a steady recovery, which it sustained throughout 2015. The Notaires de France recorded 753,000 sales between September 2014 and September 2015, representing a 4% increase in transaction volumes over the previous year. continue reading…

Paris vs London montage

Paris vs London: A tale of two cities’ real estate prices

According to French notaires, prices have evolved comparatively in Paris and London over the past 15 years, more than tripling in both cities. Nonetheless, London remains far more expensive.

The Paris and Île-de-France notaires recently released a study comparing real estate prices in London and Paris. An analysis of property value across the last 15 years finds that evolution is comparable in the two capitals: over the past decade and a half, prices have been multiplied by 3.5 in both cities. continue reading…

Lille Wikipedia : Velvet

Falling prices in Lille’s periphery lead to property bargains, while central real estate thrives

Lille’s city center continues to fare well thanks to Parisians and rental investors, while falling property prices everywhere else allow buyers to dictate the rules.

The Lillois real estate market has generally suffered from the housing slump, with the number of transactions stagnating in the metropolis. The capital of the Nord-Pas de Calais region has seen its real estate prices falling slightly but steadily since 2012. On the outskirts, buyers are spoiled for choice. continue reading…


Castle containing Picasso frescoes for sale in the South of France

The Château de Castille, located near Uzès in the south of France, has been put up for sale by international realtor Sotheby’s. The building is listed as a historic monument as it contains five large murals designed by Picasso.

A particularly unique property is up for sale near Uzès in the south of France. The Château de Castille — or Castille Castle — stands out not only by virtue of its seventeenth century architecture, but also thanks to the five monumental frescoes designed by Picasso decorating its inner façades. continue reading…


The Trio Daumesnil: new eco business center launched near Gare de Lyon

Paris recently welcomed the completion of the Trio Daumesnil, three eco-friendly buildings. Their construction is part of an urban project to create a new business district stretching out to the Gare de Lyon station.

Three buildings, collectively known as the Trio Daumesnil, were recently completed in the 12th arrondissement of Paris. Their launch is part of the “Charolais-Rotonde” project to develop a new business district extending to the nearby Gare de Lyon station. continue reading…

Montpellier : Wikimedia :Wolfgang Staudt

Growth in Montpellier’s new build sector may herald overall recovery

While most of Montpellier’s real estate sector remains lethargic for the third consecutive year, increased sales in new property could lead to more generalized improvement. 

Montpellier’s high prices have been driving away buyers of second homes and primary residences alike. Despite a slight decrease, most houses are still advertised for excessive amounts, leading to sales volumes having become increasingly rare for the third year running. continue reading…

Eiffel Tower and Statue of Liberty : Anissa Putois

Paris luxury real estate once again a safe bet for French and foreign buyers alike

Conditions have aligned to make high-end property in the French capital an advantageous investment for both residents and non-residents. Reasonable prices, low interest rates and the fall of the euro make Parisian luxury real estate attractive once again.

Luxury real estate professionals in France ended 2015 in high spirits. Despite a slight decline in sales following the November attacks, transactions resumed significant levels by the end of the year. continue reading…

Aix en Provence Fountain Wiki Commons : Patrick Giraud

Aix en Provence real estate market remains stable, but not homogenous

Despite a slight recovery in its real estate market’s activity, gaps between geographic areas are widening in Aix en Provence. While property in the city center continues to attract buyers, larger villas on the outskirts are increasingly difficult to sell.

With over 140,000 inhabitants, the former capital of Provence is now France’s 23rd largest city. The Marseille-Aix-en-Provence integrated urban area is the third largest in France. However, these credentials have not helped the real estate market attract new buyers in certain areas of the city. continue reading…

Eiffel Tower Wiki : Sergey Galyonkin

Property prices to remain stable in Paris in early 2016, according to notaires

The notaires of Paris and Île-de-France expect real estate prices to remain stable in the capital during the first quarter of 2016, at around 8,000 euros per square meter. Meanwhile sales volumes experienced strong growth at the end of 2015.

Real estate prices seem on their way to steadying in Paris, ending what professionals have dubbed a “yo-yo” of property costs in the capital. According to a recent forecast by the Île-de-France region notaires, the first three months of the year should see prices remain around the 8,000 euro per square meter mark. continue reading…

1024px-Metz_Pont_Moyen Wikipedia : Sebcaen

Plummeting prices in Metz attract first-time buyers and investors alike

Real estate prices have been falling steadily for the past three years in northeastern French city Metz. “It’s time to buy,” according to professionals, advice increasingly heeded by first-time buyers and property investors.

With prices rarely exceeding 2,100 euros per square meter and still dropping, the property market is seeing the return of first-time buyers. Investors are also back, attracted by the possibility of high capital gains. continue reading…

850px-Paris_9_-_Immeuble_29_rue_Saint-Lazare_et_rue_de_Châteaudun_-Wikimedia : Mossot

The City of Paris seeks to increase tax on second homes

Paris officials want to instate a fivefold increase on occupancy tax on vacant secondary residences to encourage owners to sell their properties or rent them out.

Last month, the City of Paris voted in the principle of increasing the occupancy tax — taxe d’habitation ­— on vacant second homes in the capital. The tax would be raised from its current rate of 20% to 100%, a fivefold increase. It is estimated that this move would affect over 90,000 secondary residences in Paris. continue reading…

Greater Paris Pixabay : Unsplash

La Métropole du Grand Paris: a redistricted Paris seeks to attract foreign investors

The reorganized Grand Paris plan will divide the Paris region into new zones. Real estate professionals are using the redistricting to attract foreign investment in lesser-known neighborhoods of the capital.

An initiative launched by former French President Nicolas Sarkozy, the Métropole du Grand Paris, or Metropolis of Greater Paris, is a reorganization of the Paris metropolitan region into 12 distinct “territories.” continue reading…

Place du Champ-Jacquet Rennes : Wikimedia Commons : Sokoljan

After a shaky two years, Rennes’ real estate market straightens out

Sales volumes are rising again in Rennes, despite prices remaining relatively high in the city center. The suburbs and surrounding towns, however, see their property prices dropping, offering advantageous investment opportunities.

Capital of the Brittany region and of the Ille-et-Vilaine department, Rennes’ real estate market is on a slow path to recovery. The northwestern metropolis has seen its property prices decline in the periphery — especially so in city’s the southern districts — all the while remaining resolutely high in the city center. This is especially true of new apartments with elevators, garages and other attractive amenities. continue reading…

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Opulent pied-a-terre in the Heart of Saint Germain

This truly special pied-a-terre apartment in Paris is as charming and secretive as the ancient streets that surround it. The area of Saint Germain between the river Seine and the Luxembourg Palace is some of the most sought after real estate in the world, and this luxurious one bedroom, one bath apartment fits perfectly into that setting.  The 45m2, 4th floor apartment was completely renovated in 2014 to the highest standard using materials of the finest caliber, and furnished with original Napoleon-era antiques. Despite it’s petite size,  this Royal pied-a-terre not only offers finishes fit for an Emperor….but also secret book cases and hidden passageways.   Offered at 795,000€, agency fees included. continue reading…

La Défense Wiki : Ros K

Parisian office real estate market ranks second most dynamic in Europe

A yearly ranking of office property markets in 100 European cities puts Paris in second place behind London, in keeping with results for 2014. Eight other French cities also make the cut.

Published last month, the results are part of an annual research report undertaken by investment management company LaSalle. The E-REGI (European Regional Economic Growth Index) aims to identify the cities with the highest investment potential and is aimed at office property investors looking to place capital in Europe. continue reading…


Chic, renovated 3 bed / 2 bath apartment in Paris’ 6th arrondissement

High above the bustle of Saint Germain, this luminous 110m2 apartment on the sixth floor of an 1882 era Haussmannian style building (with elevator) blends the best of old and new affords a commanding view over Saint Sulpice.  Completely renovated in a 1970’s “vintage” style, its comfort and functionality are more than up-to-date. Gleaming Pointe d’Honrie wood floors provide a warm counterpoint to chic grey walls and pristine white moldings, while a sleek, modern kitchen shares a newly open eating / dining space with a classic fireplace in a modern take on the historic Salon et Salle à manger.  Offered at 2 395 000 €, agency fees included.

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Neptune Fountain Nancy : Wikimedia : Cayambe

Property sales swell slightly in Nancy

Sales are increasing slightly in Nancy, while property prices continue their fall. The real estate sector had been declining since 2008 despite some geographical exceptions. Smaller property in the city center remains pricey and sought after.

Nancy’s real estate sector has not yet recovered its pre-economic crisis performance, but the number of transactions in the city is increasing once again. Since 2008, prices have been falling consistently in this northeastern metropolitan area in the Lorraine region. The rate of price drop was 25% in the city center and 35% in the Nancy’s outer suburbs. continue reading…

Cranes Wikimedia : Till Krech

New housing sector set to improve in 2016

Construction companies are banking on “the start of a recovery” in 2016, with a projected increase of 0.9% in their activity, mainly driven by the construction of new housing.

Construction of housing residences (for senior, students or within the tourism industry) exploded in the third quarter of 2015, growing by 34% to 5,600 units, according to figures released by the Housing Ministry. continue reading…

Avignon bridge Wiki Chimigi

Beyond Avignon’s medieval ramparts, real estate is flourishing

In Avignon’s city center prices remain stable while sales volumes experience continued decline. However, the opposite is true in the periphery where falling prices attract more buyers.

Avignon’s real estate market’s performance is evolving at two contrasting speeds. On the one hand, the city center sees prices remain stable yet transactions slowly decline. Beyond the medieval walls and in the city’s near suburbs however, falling prices are leading to a distinct surge in sales volumes. Young families and first-time buyers on a budget are especially flocking to the city’s periphery, playing a significant part in the renewed dynamism of Avignon’s property market. continue reading…


Tiny, elegant apartment in Paris’ 6th arrondissement lives spacious and serene

If you’ve ever been intrigued by the ‘tiny house’ craze, here is a perfect example.  This 25m2 (269 square feet!) 1 bed / 1 bath, 6th floor apartment (with elevator) feels and lives like a much larger space.  With all the amenities hidden away, the spare and elegant space feels open and an uncluttered.  Offered at 695 000 , agency fees included. continue reading…


Clever redesign enhances style and glamour of this classic apartment in Paris’ 7th

Hidden away on a charming street near the border between the 6th and 7th arrondissements is a gorgeous 1 bedroom / 1.5 bath pied-a-terre, perfect for two.  A sensitive renovation and restoration enhances and showcases the spare, but classic French architecture while the clever redesign makes this apartment feel elegant and spacious – and gives a few surprises too.  Offered at 1 475 000 €, agency fees included. 
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Pau Castle Wikimedia : Ineremhat

Falling prices in Pau beckon buyers back

Affordable prices in Pau are encouraging more property buyers to purchase. The new influx of first-time buyers has revived the market without increasing prices. Poised between snowy slopes and the ocean while retaining a vibrant and historic city center, this garden city and its near suburbs attract young professionals and nature lovers alike.

Most weekends of the year residents in Pau have the choice between surfing and snowboarding on their time off. Indeed, the southern French city has the appealing advantage of being an hour’s drive from both the Basque Coast and the Pyrénées mountains, which are visible from the city center’s boulevards. continue reading…

Arene de Nimes Wiki : Wolfgang Staudt

Property sales resume in Nîmes

After four slow years, Nîmes real estate is steadily recovering. The city center is attracting first time buyers and rental investors once again, however, villas on the outskirts of town are still struggling to find buyers.

The property market in Nîmes is slowly returning to form after suffering from low sales volumes since 2011. In 2014, the number of transactions fell by another 15%. However, since the beginning of 2015, sales volumes picked up again. Nîmes notaire Jean-Luc Chevalier tells Express he has seen more and more transactions of 250,000 euros or more in the past few months, amounts unseen for at least two years. continue reading…

Strasbourg Wikimedia : Christina

Property sales pick up in Strasbourg

Strasbourg’s real estate is recovering this year after sales volumes hitting record lows in 2014. Stable prices and low interest rates are attracting property buyers once again.

Sales have picked up since the beginning of 2015 in the capital of the Alsace region, with property purchases increasing especially in the city center and close periphery, where prices have stabilized at reasonable levels. This comes after a difficult year 2014 where the number of sales had suffered a significant decline. continue reading…

St Malo Digue de Rochebonne Flickr : Dude Pascalou

Saint-Malo’s real estate sector hopes for a boost from Parisian buyers

A new high-speed train between Paris and Saint-Malo may wake the seaport’s property market from its slumber, encouraging Parisians to flock to the beaches to buy vacation homes.

The property market in Saint-Malo, a fortified port city located in Brittany in northwestern France, has not recovered from the economic crisis. After soaring in the 2000s and peaking in 2006, prices suffered a hit in 2008, and have seen a slow but continuous decline in volume and prices since then.  continue reading…

Château Louis XIV Wikimedia : Patrice Diaz

Most expensive property in the world just sold near Paris

A lavish château located in the Yvelines department in the Parisian suburbs has just sold for 275 million euros, making it the most expensive private residence in the world.

An extravagant private manor completed in 2011 in a 17th century style recently sold for the outstanding amount of 275 million euros, the equivalent of 300 million US dollars. Dubbed “Château Louis XIV,” the property contains 5,000 square meters of habitable space and a park of 57 acres, complete with a 2km maze and gold leaf fountain. continue reading…

Toulouse by night Wiki : M. Serkouk

Property buyers return to Toulouse

After two years of decreasing sales volumes, Toulouse’ property market is benefitting from renewed attention. Transaction numbers have swelled since the spring, while prices have remained low.

Since the beginning of the year, Toulouse’s real estate sector has returned to form. Prices are currently 20% lower than sales prices in 2012, according to Gladys Emourgeon, realtor at the Solvimo agency. Purchasing candidates are back, especially first-time buyers and rental investors. continue reading…

Wikipedia : David Brossard

Luxury property in Paris flourishing since the start of the year

According to real estate professionals, 2015 saw the luxury property sector in Paris experience a booming recovery. Since then, opulent apartments and high-end mansions are once again being snapped up by wealthy buyers, to the delight of Parisian agencies.

After three years of crisis, where buyers were scarce and the luxury property supply stockpiled, 2015 saw the high-end market begin to thrive once again. Real estate professionals attest to a strong recovery in activity since the beginning of last year. Long forsaken in favor of other European cities — such as Lisbon, London and Barcelona — Paris is once again attracting buyers intent on purchasing high-end real estate in the heart of the city. continue reading…

Berges_de_la_Seine_Wikimedia : SiefkinDR

Reinventing the Seine: Paris will call for project proposals in February

In conjunction with the “Reinventing Paris” competition, the City of Paris is looking to refresh its riverbanks. Accordingly, it will launch a new call for innovative projects next month along with Rouen, Le Havre and other riverside towns.

Eager to renovate its cityscape, the French capital will soon be the scene of a new project called “Réinventer la Seine,” or “Reinventing the river Seine.” In February, the City will launch a call for proposals from property developers, leisure center designers and cultural operators to renew and enhance its riverbanks. continue reading…

Nantes Place Royale Wikipedia : Pirmil

Confidence returns for property buyers in Nantes

Sales volumes are increasing and prices are stabilizing in Nantes and its immediate periphery. The city center remains attractive to investors and houses in the near suburbs enjoy renewed interest from buyers searching for first or second homes.

After a relatively bleak performance in 2014, Nantes property market is currently imbued with cautious optimism once again. Despite not yet being on par with record activity levels reached eight years ago, property transactions are steadily increasing. This is mainly due to stable prices — allowing Nantais property to remain affordable with average prices at just under 2,600 euros per square meter — paired with low interest rates. continue reading…

Holiday House Pixabay : Hans

Real estate portal SeLoger buys up vacation rental site Amivac

French real estate site has acquired, a website specializing in holiday rental property in France. 

Launched in 1996, SeLoger publishes real estate classifieds online and is one of the main resources for sale and rental property search in France. In July, it announced its acquisition of vacation rental site, a site dedicated to rental property listings. The purchase will add nearly 30,000 ads to the existing rental accommodation listings porfolio of the site.  continue reading…


Sprawling pedestrian gardens could soon surround the Paris Opera

The City of Paris may pedestrianize the area surrounding the Garnier Opera, replacing busy streets and a chaotic crossroads with sprawling gardens.

Paris Mayor Anne Hidalgo is considering a proposal to transform the Place de l’Opéra — the square surrounding the Palais Garnier — into a pedestrian zone adorned with greenery and gardens. continue reading…


In 2015, almost one quarter of property buyers in Paris were over 60

Last year, 23.8% of real estate transactions in Paris involved buyers over 60 years old, according to a new study. This trend is echoed across the country and has, alongside other factors, helped revive the French real estate market.

A new study undertaken by real estate agency Century 21 reports that after a drop in sales volumes of 2.8% in 2014, “the property sector’s activity picked up at the start of 2015, demonstrating a vigor that has not faltered since”. The agency’s statistical overview of the real estate market in 2015 details various reasons for this renewed dynamism and identifies its major drivers. continue reading…

Money House Pixabay: Skitterphoto

Transfer tax increases in Paris

As of January 1st, 2016, property purchased in Paris is subject to an increased purchase tax — or transfer tax. This tax has increased by 0.7% for the purchase of housing, office or commercial property.

While the vast majority of French departments had already taken this step, Paris is the latest to apply an increased transfer tax. Taking effect from January 1st, 2016, this new move sees property purchases in the capital newly subjected to a 0.7% increase on transfer tax. continue reading…

1200px-Wikimedia : Fanny Schertzer

Large family apartments in Paris attract buyers once again

The slump suffered by larger apartments in Paris finally lifted last year, mainly due to a 15% fall in prices over the past few years. Luxury real estate agency Daniel Féau hail 2015 as a “record” year for larger properties in the capital.

Remaining unsold for several months or even several years, large properties in the heart of Paris and in nearby Neuilly-sur-Seine had difficulty finding takers of late. That is, until last year where buyers returned en masse to peruse the city’s more luxurious real estate offerings. continue reading…


3 bed, 3 bath luxury penthouse apartment in Paris’ 7th arrondissement

Located on rue Bellechasse in the most desirable part of the 7th arrondissement of Paris, with the Musée d’Orsay and the residence of the Prime Minister of France to its the North and South, and the Bon Marché and Invalides  to the East and West, lies a rare, renovated penthouse apartment created from a former Ministry of Education building.  The apartment, located on the 4th and 5th floors of the newly renovated building (with elevator), boasts a massive living space of 191m2 loi carrez (2,056 square feet) (239.6 m2 floor area) with ceilings of up to 4.50 meters high  (14.76 feet high).  Priced at 3,950,000, agency fees included.  Read more…

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La Rochelle Wikimedia : Jean-Pierre Bazard

Property sales slowly resume in La Rochelle

Falling real estate prices in La Rochelle have led to a slight swell in sales volumes in the center and around the city’s parks. Nonetheless, the Rochelais market has still not recovered its high performance of 2012.

Suffering from a drop in real estate transactions the past three years, La Rochelle’s property sector has been experiencing renewed sales since the summer. continue reading…

Flickr : Images money

Property sellers in France set increasingly reasonable prices

The difference between the price a property is advertised for and the final transaction amount remains at an all time low of 4.5% since October, new study finds.

The Orpi real estate network recently published a price gap barometer in conjunction with Le Figaro and Explorimmo. It revealed that after months of continuous decline, the price difference between the advertised price and final selling price of a property had fallen to 4.5% in October, and remained there since. continue reading…

Annecy Le Thiou Wiki : Pareloup

Annecy’s real estate on the road to recovery

After two years of steady decline, the number of property transactions in Annecy is on the rise once again. With prices perched at high levels however, buyers are increasingly turning towards the new build sector.

Prized for its famous lake and proximity to the Alps’ snowy slopes, Annecy’s real estate had nonetheless been almost deserted since 2013. But in early 2015 sales volumes stopped falling and by the spring they were rising notably in many areas of the city. In the center for instance, two and three bedroom apartments are now “selling like hot cakes,” according to one realtor. continue reading…

Tours townhall Wikimedia : Guilaca

Tours’ property market recovery slowed by rising prices

A sustained price drop in the first six months of 2015 led to Tours’ real estate market regaining activity after a quiet couple of years. Buyers returned, leading to a price increase reducing sales volumes.

After a slow 2014, Tours’ property wheel began to spin again this year. No doubt encouraged by low interest rates and gradually falling prices, investors and buyers returned to the Tourangeau market. continue reading…

Paris Wikipedia : Benh Lieu Song

Parisian property market undamaged by November attacks

Recent reports reveal that the real estate market in Paris has remained stable following the November 13th terrorist attacks, despite a slight slump in the days immediately following the events.

Online realtor Green-Acres typically records traffic of over one million visits per month, with 50% of visitors being foreign. The day following the attacks, the website recorded a 16% drop in international visits, while the trend for previous days had been stable and the traffic comparable to November of last year. Traffic fell by an additional 8% the next day. Yet, it rapidly resumed its original levels. In fact, over the whole of November, initial contact on property advertised on the site increased by 13%.

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Cathédrale Orléans Wikimedia Commons : Patrick Giraud

Orléans’ real estate market on firm ground

After two years of relatively poor performance, Orléans has seen its real estate recover in recent months. Despite relatively high prices, property in the city center is attracting multiple buyers; in the periphery, prices are dropping and there are bargains to be found.

Capital of the Loiret department and of the Centre region, Orléans has experienced a sustained real estate recovery of late. The historic French city (and namesake of America’s “New” Orleans) has benefitted from growing sales volumes since the beginning of spring. continue reading…

Tour de France Wikimedia Commons : Steve F

Real estate Tour de France II: which French cities are struggling to maintain their speed?

L’Express’ real estate special assesses the property sector of major French cities. Results diverge amongst those recuperating: while some have begun an uphill course towards recovery, others continue to struggle.

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Bateaux-Brest : Wikipedia : HaguardDuNord

Real estate picks up in Brittany: buoyant breeze blows through Brest

There are more and more bargains to be had in Brest, with prices remaining low in most areas of town. After three years of falling prices and dropping sales volumes, the slight reboot experienced during the spring seems to be settling in.

In Brest, Brittany — a historic city lying close to France’s westernmost point — property sellers have been cutting prices in most neighborhoods of the bustling university town. Prices continue their steady decrease in the city-center and on the outskirts of town, where houses are increasingly available to first-time buyers. continue reading…

Construction site Flickr : Bakoko

Sales of new-build property on the rise in France

In more good news for the real estate sector, sales of new-build properties have been soaring since the beginning of the year.

The French real estate market, struggling since the 2008 crisis, is on the mend. An increase of 19.3% in sales of new property was recorded in the first quarter of 2015, with real estate professionals believing this trend is set to continue into next year.

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Lyon : Wikimedia : Calips

Lyon’s real estate market in top form

After a relatively slow 2014, the property market in Lyon has sustained growth this year, due mainly to falling house prices. However, the region’s real estate didn’t severely suffer from the slump incurred by the rest of France, thanks mainly to the Lyon metropolis’ resilient economic market.

The Lyonnais real estate market is in good shape, with a net increase in transactions in the past few months. Property advertised at sound prices is selling in reasonable time frames and while the city-center remains expensive, prices in the southern and northern districts are falling, attracting bargain-hunting property buyers. continue reading…

Paris real estate Wikimedia : Thomas van de Weerd

Paris real estate outperforms previous boom years

According to the notaires of Paris and Île-de-France, the real estate market has greatly improved this year, with lower prices and sales volumes up over 15% since last year.  Levels are now higher than those of the 1999 to 2007 boom years. continue reading…

Tour de France Paris Pixabay : stokpic

Real estate Tour de France I: which French cities’ property markets are faring well?

A real estate special by L’Express paints an overview of property markets in major French cities. Scores are varied even amongst those doing well: some pedal on with ease, seeing buyers rush in to take advantage of auspicious factors, others aren’t far behind, catching up thanks to low prices and favorable interest rates.

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Energy Efficient House Pixabay : Afrndz

France ranks highly in real estate sustainability

As the International Climate Summit ends in Paris, chair country France’s efforts to green its property sector in order to fight climate change pay off. The country scores highly in a new ranking on real estate sustainability.

France recently chaired the latest edition of the United Nations Climate Conference. With sustainability now a main requirement in most sectors, including property and construction, how is France faring at increasing its real estate’s eco-friendliness? continue reading…

Wikimedia Joseph Plotz

Four months later, what are the effects of rent caps in Paris?

Real estate professionals have been examining the impact rent control has had on the Paris real estate market since its implementation in early August. A significant drop in the number of properties above rent limits and a diminished interest in Paris by rental investors are among reported factors.

As previously reported by Paris Property Group, rent caps came into effect in Paris on August 1st and involved setting average rental prices per area with owners unable to charge over 20% or under 30% of those median rates. Soon after its adoption, the new legislation met with an appeal filed by property owners and disfavor regarding the difficulty in applying it. continue reading…

Green home Wikimedia Commons : Père Igor

What financial aids are available to property owners keen to green their homes?

While policymakers just signed an environmental agreement during the Paris Climate Talks, certain policies are already in place in France to promote energy-efficient housing.

With environmental concerns weighing increasingly on lawmakers’ decisions, France has been steadily developing and implementing ecological incentives for homeowners to improve their properties’ energy performance in the last few years. A recent study by the Crédit Foncier details certificates and aid delivered to owners with the aim of greening the French real estate sector. continue reading…

Wikipedia : Serres d'Auteul

As Paris Climate Talks progress, so have France’s eco-construction efforts

As host country for the 21st edition of the International Climate Summit, France has been taking tangible steps to green its real estate sector. Encouraged by new legislation, financial incentives and environmental certifications, France’s construction industry has produced a number of eco-friendly edifices of late.

The latest edition of the United Nations’ Climate Change Conference (COP 21) is underway in Paris. Last Friday’s session was specifically focused on finding solutions to render the construction sector as sustainable as possible, but a number of French real estate developers have already taken steps towards reducing their projects’ ecological footprint. Following is a selection of some of the most innovative and eco-friendly construction projects launched or completed in recent months. continue reading…

Maison de l'Alsace

Regional embassy on the Champs-Elysées for sale: but how much is it worth?

A beautiful Haussmannian building on the prized Champs-Elysées avenue in the heart of Paris which houses the Alsace regional embassy has been put up for sale. Now agents and experts — and even the owners themselves — are trying to gauge its value.

The councils of the Haut-Rhin and Bas-Rhin departments have put the Maison de l’Alsace — the regional embassy of the northeastern Alsace region — up for sale, according to an announcement published on both councils’ websites. continue reading…

Paris prices drop Anissa Putois

Prices dropped in all major French cities in October

Meilleursagents’ monthly barometer finds that real estate prices in France have decreased slightly in Paris as well as in nine other large cities during the month of October.

A slight property price decrease was recorded in October across ten major French cities last month, according to Meilleursagents’ latest monthly property price report. The drop in Paris was minimal, and followed an uptick in September. continue reading…

House Model Flickr : Gavin Schaefer

French real estate and building industry makes its way to the digital age

Housing Minister Sylvia Pinel launches creative efforts to encourage French landowners to develop or sell their property, and to promote digital innovation in new construction.
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Louvre pyramid Paris Pixabay : EdiNugraha

Paris real estate taxes among cheapest in the world for international investors

A new study surveying prime real estate in 15 major international cities reveals that Paris offers one of the most attractive tax regimes for foreign investors.

British estate agent Knight Frank recently published their Global Tax Report in partnership with Ernst & Young (EY), assessing the impact of tax and property costs for foreign investors purchasing real estate in 15 key cities around the world. continue reading…

Paris Defense Flickr : David Stanley

Paris office property: activity rebounds by 39% in third quarter of 2015

The office market in Paris and Île-de-France recorded 39% more sales and rental transactions between July and September 2015 than the same period the previous year, according to a new study.

Demand for Parisian office real estate grew significantly during the third quarter of 2015, a net improvement on the mediocre performance of the commercial real estate sector in the second quarter. 565,000 m2 of office space were sold or rented during Q3 2015, according to a survey released by the Immostat group, which includes real estate consultancy firms BNP Paribas Real Estate, CBRE, DTZ and Jones Lang LaSalle. continue reading…

Paris Eiffel Tower Flickr : Davide Restivo

Paris ranks as 4th most expensive real estate city in the world

The UK branch of the American commercial real estate company CBRE surveys 31 cities in Global Living: a city by city guide, examining characteristics such as the cost of living, the average income of its residents and price of property per square meter. Paris property prices in at 4th place. 
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Voie Georges Pompidou Wiki Commons : Coyau

No more cars along the north quay of the Seine?

If the Paris Mayor has her way, the quay on the right bank of the Seine will be closed to cars starting in summer 2016. The pedestrian-only bank will feature a public park, farmer’s market, and other dockside activities. A tramline may also be in the works, crossing Paris from east to west by 2020.

In a recent interview with the Journal du Dimanche, Paris Mayor Anne Hidalgo announced her intention to pedestrianize the Georges Pompidou road beginning in the summer of 2016. The road in question is currently a car lane flanking the entire length of the inner Paris section of the river Seine on its right bank. continue reading…

Place de la Bouse Bordeaux Wikimedia Commons : Xellery

Bordeaux voted most attractive French city for real estate investment

A new study ranks Bordeaux’s real estate as most attractive in France. One of the priciest French cities, Bordeaux’ property market is thriving, due in part to several urban development projects undertaken in recent years.

Previously nicknamed the “Sleeping Beauty,” this qualifier is no longer valid for the newly dynamic capital of the Aquitaine region. Indeed, Bordeaux’ property market has risen from its slumber to top real estate rankings in France. continue reading…

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Apartment in Paris’ 6th arrondissement blends old and new, with a view

In the heart of the 6th arrondissement on rue Bonaparte, located halfway between the ancient church of Saint Germain and the Seine River lies the perfect pied-a-terre or investment property.  The newly renovated 3 bedroom, 2 bath 117.2 m² apartment perches on the top floors of of an elegant, well-maintained building (with elevator) and features two master suites with full bathrooms and walk-in closets.  Offered at 2,750,000 €.

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Renovated Apartment in Paris’ 6th arrondissement: the ideal pied-a-terre or investment property

Bright 2 bedroom / 1 bath 83 m2 apartment in Paris, located between in the heart of the 6th arrondissement, with the Seine river and all the charming streets of Saint Germain des Pres at its doorstep. Offered at 1,200,000 agency fees included. continue reading…

Eiffel Tower Wiki Commons : Romanceor

What can 1000€ per month buy in the 10 largest cities in France?

A new study measuring property purchasing power in ten major French cities sees Marseille come out on top, while Paris unsurprisingly places last. recently published a study quantifying purchasing power for real estate in ten cities in France. Using its own regularly published barometer of credit rates in different cities as well as sales prices per square meter recorded by, the real estate broker calculates what 1,000 euros per month with a fixed rate loan over 20 years can buy. continue reading…

Bretagne 7

Renovated ‘Marais’ apartment in central Paris offers classic elements and charm

A fully renovated 3 bedroom / 2 bathroom apartment in the heart of the ‘Haute Marais’ area of Paris is the ideal luxury pied-a-terre or investment property. The 106.7m² (1076 ft²) apartment offers the perfect combination of luxe and charm.  Listed at €1,350,000 agency fees included. continue reading…

Multiloc Paris Pixabay : Tomwieden

Paris Mayor launches new system to encourage owners to rent out their property

Voted in on 2nd July, the first instance of the “Multiloc” system was signed last Friday by Paris Mayor Anne Hidalgo. The new project aims to diversify rental offer in the capital, by financially aiding owners in putting their vacant property back on the market.

On Friday 16th October, Anne Hidalgo, Mayor of Paris, signed the first contract under the new Multiloc system with L’Adresse’s CEO Brice Cardi at his real estate agency in the 16th arrondissement. continue reading…

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Prices rise for small apartments in Paris while continuing to fall everywhere else

Apartment prices are rising again in the French capital, according to a price barometer published on 1st October by MeilleursAgents. It reveals that the increase mainly pertains to small apartments.

The 74th edition of MeilleursAgents’ monthly price guide shows Paris resisting the slow price erosion befalling homes in the rest of France. According to the latest figures, prices in the capital have increased by 0.5% in a month, with smaller surfaces — one and two-bedrooms — seeing their prices rise by 1% in September and large surfaces — three bedrooms or more — experiencing a slight price drop of 0.1%. continue reading…

Paris aerial shot Wiki Commons : José Luis Mieza

Real estate prices rising in Paris and Île-de-France

Property prices are experiencing a net increase in Paris and its region, leading to a renewed dynamism of the market. Parisian notaires remain cautious however, warning that it is too soon to judge whether the recent price increase will persist.

The return of buyers is good news for the Parisian housing market, which is experiencing new levels of activity after many months of uneasy inertia. Property prices in the capital have been following the same upward slope. continue reading…

Petit Palais Anissa Putois

Paris plans to renovate 14 of its museums by 2020

On 15th September, the City of Paris announced its plans to undertake major renovations on 14 of its museums, many of which are listed heritage sites.

The City of Paris recently announced an investment plan to restore and modernize its 14 municipal museums. The project will cost 100 million euros, with the city providing 87 million euros and the remainder being brought in by the State as well as private sponsors. continue reading…

rent or buy Flickr :

French real estate: when buying is cheaper than renting

To buy or not to buy? A new study offers a detailed response to a common deliberation by calculating the number of years required to recover the cost of acquiring one’s home. The study focuses on 37 of the largest cities in France.

A new study published on 14th September by mortgage broker has delved into the tricky matter of whether to buy a property rather than continuing to rent, and if so, where? continue reading…

Wiki Commons : Rosss

Paris realtors optimistic once again

With buyers returning to the market — thanks, in part, to interest rates on property loans reaching record lows — real estate professionals report being more optimistic about the future of the property sector.

A report published on 21st September quantifies this renewed optimism. The survey, commissioned by the Crédit Foncier and the CSA, reveals that 63% of real estate professionals in France are finally optimistic about the future of the French property market. continue reading…

Place des Vosges 17 75004_02

Live like royalty on Place des Vosges

Located on the Place des Vosges and perched high atop the historic royal compound, this fully renovated, two bedroom, one bath duplex apartment occupies the top two floors and offers lovely views over a quiet, private courtyard garden to one side and on the other side overlooks a gorgeous private mansion Colbert de Villacerf on rue de Turenne.  If you’ve always wanted a turn-key investment property or pied-a-terre with a prestigious address in Paris, this apartment, with a floor surface of 82,40 m² (893ft²) (61 m² under roof (656 ft² ), is move-in ready and offers location, location, location.  Offered at €1,279,000, agent fees included.

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The Honfleur harbor, Normandy by Ignaz Wiradi : Wiki Commons

Property prices stabilizing in Normandy

After several months of decline, prices are becoming stable in some sectors of real estate in Normandy. Professionals note the combined effect of favorable borrowing conditions for buyers and sellers becoming more reasonable in setting their prices.

The Norman property market is back in business, with prices stabilizing slowly but steadily. In recent years, the market had been stirred by significant variations in sales volumes. continue reading…

Pixabay : Antranias

Can you buy your Paris apartment building rooftop?

Buying a piece of the common area in your Paris building is a great way to enhance your living space and add to your property’s value. So: why not buy your building’s rooftop?

In a copropriété, or co-owned building, the roof, hallways, façades, terraces, landings, etc belong to the building and are thus jointly owned by all the co-owners. A little known fact is that any of these can be bought from the building and become privately-owned space. For an owner in the building, this might mean the little extra space they need to add a second bathroom, or create the possibility to integrate top-floor service rooms and create a duplex apartment with fabulous views of the Seine…  continue reading…

Cet immeuble, situé au numéro 33 de la rue du Champs de Mars à Paris,  a été conçu l'architecte Octave Raquin dans le style art nouveau.

L'immeuble, qui a été primé au concours de façades de 1902, décline des motifs intégrant des fleurs d'arum.

Parisian co-ownership fees now cheaper

Owners of Paris property in copropriétés — co-owned buildings — saw their fees decrease by 7.4% in 2014, according to a new index report by the Fnaim (National Federation of Real Estate) published on 22nd September.

The new edition of the Observatory of co-ownership fees in Greater Paris, a database including 9352 buildings comprising 297,284 co-ownership units in Paris and its immediate suburbs, revealed significant savings for Parisian owners in copropriétés who saw their fees drop last year, costing an average of 37.05 euros per square meter against 40.02 euros in 2013. continue reading…

Rental Investors : Paris Façade : Anissa Putois

Study reveals who is investing in real estate in France: Where are they buying, and why?

A study by mortgage bank Crédit Foncier profiles French property buyers, with a focus on rental investment. It highlights the six regions most prized by property purchasers, property types and the main reasons individuals are investing in real estate.

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Airbnb Wikimedia Commons : H Duquesa de Cardona modified by Anissa Putois

Airbnb agrees to collect tourist tax for the city on its rental properties in Paris

Major rental housing platform Airbnb announced on August 25th that it will be collecting tourist tax from guests renting accommodation through them in Paris and giving it to the city, starting October 1st.

Until now, site users offering their property for rent were meant to collect the tax from guests and relay it to the municipality themselves, however many of them never did. continue reading…


Real estate in France: changes taking effect in September

After a summer rich in reforms, important laws have come into force affecting property transactions in France. From rent caps and lease contracts to furniture lists and codes of ethics, here are the seven major changes to be aware of in French real estate for Fall 2015. continue reading…

France offers real (estate) solutions to the refugee crisis

With the global refugee crisis intensifying, private companies and public officials in France have prepared a number of temporary and permanent real estate solutions to house refugees.

On Monday 7th September, President François Hollande announced that France would accommodate 24,000 migrants over a period of two years. Both elected officials and private actors have been devising various concrete strategies for accommodating the asylum seekers. continue reading…

Marseille Notre-Dame de la Garde : Anissa Putois

Real estate market makes a slow recovery in Marseille

Attracted by a sharp drop in property prices and low interest rates, buyers are returning very gradually to the Southern French city, whose real estate market had a particularly bad year in 2014.

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Cité Universitaire Flickr : David Bertho

Cité Universitaire de Paris: 90 years of multiculturalism, 10 new residences being built

Large university campus in the south of Paris and home to 40 residence halls representing 40 different countries, the Cité Universitaire celebrated its 90th birthday this year. It plans to grow in the next five years, adding 10 additional residences by 2020.

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Kiosque square Edouard Vaillant, Wikimedia Commons : LPLT

34 Parisian bandstands to be renovated

Erected in a variety of epochs, Parisian kiosques, or bandstands, are a common sight in many of the capitals’ parks and gardens. This year the City of Paris has launched the renovation of 34 of them.

Following the announcement at the beginning of April of the greening of 41 Parisian walls as part of the “du vert près de chez moi”, or “greenery near my home” project we reported on in a previous article, it is now the capital’s park bandstands that are to be refurbished. Mayor of Paris Anne Hidalgo revealed on April 26th the location of the 34 kiosques concerned. continue reading…

Cour d'immeuble Wikimedia Commons : Besopha

Selling an apartment in Paris returns to a more streamlined procedure

Housing Ministry passes a decree amending the Loi Alur, aimed at reducing the paperwork and cost of selling an apartment in Paris.   

On August 26th, Minister of Housing Sylvia Pinel presented a new measure to the Council of Ministers to amend certain provisions of the Loi Alur and thus facilitate real estate transactions on Parisian apartments. Garnering widespread support from real estate professionals, the law passed two days later. continue reading…

Pixabay : cocoparisienne

Grand Paris: How new metro stations will affect property prices in Paris

Paris’ new enhanced transport system — extending the metro to the capital’s outer suburbs — will lead to positive growth and profitable real estate on the city’s outer rim.

As part of the reorganization of the French capital into the Métropole du Grand Paris, the city’s transport system is due to undergo a 35 billion euro upgrade over the next 10 to 15 years. continue reading…

French countryside Wikimedia Commons : Andyblind

Non-resident real estate buyers return to France

Study finds that real estate acquisitions by non-residents are on the rise in France after a decline in 2013. This confirms the slow growth in foreign purchases begun in 2014.

Foreigners are once again allowing themselves to be seduced by the French property market and are back to buy after two years of marked disinterest. continue reading…

Paris roofs Wikimedia Commons : Daniel Stockman

Revival of the Paris property market: who’s buying and where?

 A previous Paris Property Group article detailed the start of a recovery for the French capital’s real estate market, due in part to low property prices. Buyers are back and it’s time to invest in the city, but where exactly?

A close examination of some of the capital’s arrondissements reveals where prices have declined most sharply, who is buying there, and whether property in that area will prove to be good long-term investment. continue reading…

Paris Sunset Flickr : Moyan Brenn

Paris property prices decrease: It’s time to buy

The Paris real estate market is experiencing a marked revival, with prices falling, sellers willing to negotiate and interest rates on real estate loans at a record low.

These favorable conditions have led to a recovery in the capital. This trend, observed by the Paris notaires in their latest property report, is confirmed by industry professionals. continue reading…

Rent caps confusion Pixabay Steve Pb

Parisian Rent Caps have arrived: Confusion ensues

In the wake of new rent control laws coming into force in Paris, the imprecision of its measures confound many.

What we do know:

On August 1st, new rent control regulations came into effect in the French capital within the framework of the Loi ALUR, for access to housing and renovated urban planning. It was initiated as an effort to control ever increasing Parisian rents which rose by 42% in the last ten years.

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Promesse de vente Flickr : Mark Moz

Period to retract purchase contracts for property in France extended from 7 to 10 days

The time frame to decide whether to go forward with buying a property in France after signing a promesse de vente, or preliminary contract, has been extended from 7 to 10 days under the Loi Macron.

As of August 8th, residential real estate buyers in France will have 10 days after signing the initial purchase agreement to withdraw from their purchase without penalty. The withdrawal period, established to provide the buyer with a sufficient period of reflection, applies only to non-professional buyers. Previously, the period was 7 days. The change was one part of the Loi Macron, which was adopted on 10th July of this year. continue reading…

Saint-Tropez Wikimedia Commons : Starus

Saint Tropez real estate more expensive than Paris: Prices rise 15% since start of 2015

Property in Saint-Tropez has become even pricier than Paris. Wealthy buyers are once again purchasing houses in the chic seaside resort, paying up to 30,000 euros per square meter for a villa by the sea.

With its crisis years behind it, Saint-Tropez can now boast of being the most expensive town in France. Real estate in the area has become so popular that local professionals have started referring to it as a “magic bubble”. continue reading…

Increase Property Tax France Flickr : JWPhotography2012

Property taxes to increase in France: localized this year, more widespread in 2016

Some decisions on local taxes taken at the municipal level this year in France will affect homeowners in 2015 and 2016. New increases in residential taxes (taxe d’habitation) and property tax (taxe foncière) as well as surtaxes on second homes and building lots are part of the program. continue reading…

Maranatha Paris luxury hotels Hotel California Anissa Putois

Hotel group Maranatha buys 5 luxury hotels in Paris

The French hotel group Maranatha has announced its acquisition of five luxury hotels in Paris, and one in Nice, all part of the Hôtels du Roy family.

Maranatha, a Marseille-based group founded in 2000 which owns 52 hotels in France ­— half of which are in Paris — has bought the six hotels for 360 million euros from the Leroy family. continue reading…

Furnished apartment for rent

Rental prices drop all over France in first half of 2015, Paris escapes downward trend

A study has found that most French cities have suffered a price decline in the rental market. The capital is an exception, with discrepancies noted according to property size.

Trends observed in 2014 have intensified. In the first half of 2015 rents all over France fell by 1.7% on average, based on a study by real estate agent Century 21 which took into account over 45,000 rental properties. continue reading…


16th century Marais mansion in central Paris features historic charm: original beams, stone walls and high ceilings

This beautifully maintained 3 bed / 1 bath 123 m2 apartment for sale in Paris (143 m2 under roof) features historical charm – including original beams, stone walls, wood flooring, and luminous high ceilings – with an amazing location just a stone’s throw from the chic shops and cafes in the Marais area. A 16th century mansion provides the perfect setting for this 2nd floor property, which overlooks the cobblestone Cour d’Honneur,  a calm oasis, concealing it from the bustling Marais. Offered at 1, 520, 000. Agency fees included. continue reading…


Luxe Golden Triangle apartment in Paris – near Champs Elysées, Avenue Montaigne and Avenue George V

Located in the Golden Triangle area of Paris’ 8th arrondissement, this luxurious 3 bed / 3 bath apartment is just steps from the Champs Elysées, Avenue Montaigne and Avenue George V.  Completely remodeled in the last year,  the 154m2, 3rd-floor apartment (with elevator) has an elegant mid-century modern feel that is warm and welcoming, and at the same time, soothing and serene.  Offered at 3,500,000€, agency fees included.

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Ministère de la Défense Paris Anissa Putois

Defense Ministry building in Paris’ 7th arrondissement may become social housing

The French ministry of defense is leaving its building in the 7th arrondissement to move into new headquarters in the south of Paris. Paris’ Mayor wants to convert the old office to social housing.

By September, the Defense ministry staff and central services of the armed forces will move into the “Balargone” — a play on the ministry’s new location in Balard and the Pentagone— in the 15th arrondissement of Paris, leaving their old office vacant. But not for long. continue reading…

Picassos Attic Le Figaro

Grands-Augustins attic: Picasso’s Parisian studio saved from becoming a hotel suite

The Parisian attic in the 6th arrondissement where Picasso worked for 20 years and painted “Guernica” will be preserved due to a legal agreement reached between heirs and hotel developers.

Perched at the top of the Hôtel de Savoie, at 7 rue des Grands-Augustins, Picasso’s studio has been the battleground of fierce negotiations to prevent the historic attic from being swallowed up into a new luxury hotel.

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Montorgueil Living 3

Loft-style apartment in Paris combines best of old and new

This stylish and elegant two bedroom / two bathroom apartment in Paris is a study in contrasts. Bright and airy, with vaulted ceilings and exposed white painted beams, the 81 meter square, loft-style residence is sequestered within the calm oasis of an 18th Century mansion located in the 2nd arrondissement. Offered at 1 420 000 euros, agency fee included. continue reading…

Property Eurozone 2015 Pixabay : MichaelM

Property prices on the rise in Europe, except in France and Belgium

Market research agency Standard & Poor’s has released its property price projections for Europe, revealing that prices will increase in most Eurozone countries for the rest of 2015 but fall in France and Belgium.

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New rules furnished rentals Flickr : Paragon Properties

New rules for furnished rentals in France: inventory of required items published

A new decree specifies a list of items that must be present in a rental property for it to qualify as furnished.

A sofa bed, desk and wardrobe are no longer enough to qualify a rental property as furnished. A decree published on 31st July, under the ALUR law (for access to housing and renovated urban planning) details how a furnished apartment must be equipped by the owner to qualify as such.

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Cargo Paris Odile Decq

La Barre Macdonald: Paris’ longest building welcomes its first inhabitants

Former Parisian warehouse located in the 19th arrondissement has delivered its first housing units.

After 5 years of conversion work, what was once a large railway warehouse bordering the ring road in the northeast corner of Paris is nearing completion. Families have already moved in to the units, half of which will be low-income housing. continue reading…

Paris landlords protest rent caps

Parisian property owners file an appeal against rent caps

With new rent control laws in effect in the capital since August 1st, Paris property owners contest the regulation while landlords in the North of France fight hard against similar legislation passing in Lille.

While 8 out of 10 people in France approve of the rent caps according to a poll led by opinion and market study institute BVA, owners and landlords do not look favorably on a law they believe will damage the property market. They fear the new system’s complexity will put off potential investors.

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Paris real estate sellers owed refunds on overpaid taxes

Non-residents who sold real estate in France will get refunds for overpaid taxes

The clock is ticking: property sales by non-French residents in 2014 and possibly 2013 were overtaxed. Refund claims must be filed before December 31, 2015.  People who recently sold real estate in France but reside outside the country are owed substantial refunds for capital gains taxes and French social security contributions.

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Paris real estate title insurance

Can I obtain title insurance to cover my real estate purchase in France?

Routinely included in real estate deals in the United States, title insurance has only recently emerged in France, and only under limited circumstances. 

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Paris targets 23 sites for innovative building projects

Reinventing Paris: competition finalists announced

Paris selects 75 finalists to create or renovate sites throughout the French capital as part of its urban design competition “Réinventer Paris

Results of the first phase of the competition entitled “Réinventer Paris” or “Reinventing Paris” have been released. The project involved a request for proposals from 650 teams of architects and developers to reimagine 23 sites throughout the city. The list of 75 finalists can be seen on the dedicated Réinventer Paris website.

The sites involve a total of 150,000 square meters. Targeted buildings include:

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Kasha 1 LR

Apartment for sale in Paris – Small and stylish in the 7th arrondissement

Renovated 35m2, one-bedroom apartment in Paris for sale, located in Paris’ 7th arrondissement, just steps from the 6th. Priced at 630,000 €.

Real estate is at a premium in Paris and every square meter counts. This one-bedroom pied-à-terre apartment packs an amazing amount of functionality into only 35 m2 (just under 377 sq ft). Fully renovated in 2007, the apartment sits atop of a classic 18th century building on Rue Varenne, just off Rue du Bac.

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Right bank of the Seine gets enhanced pedestrian zones.

Paris will expand pedestrian zones on the right bank of the Seine

The city of Paris is inviting residents and architects to submit proposals for green car-free pedestrian zones on sections of the right bank.

In 2014, Paris opened Les Berges de Seine on the left bank, near the Musee d’Orsay. The pedestrian zone is host to a range of activities, from bars and restaurants to rock climbing and urban garden installations, sports classes or as just a comfortable spot to relax. The project has met with wide success, accommodating 4 million visitors in only 18 months. Thanks to the left bank’s restriction of cars, there has been a 15% decrease in nitrogen dioxide in the area.

Now, the city is considering two new pedestrian and recreational areas, this time along the right bank of the Seine.

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paris view la defense

Rent caps are here: Paris prefecture releases city-wide reference tables

The long awaited details of the soon to be implemented Parisian rent control law have now been made public. The law and its effects, discussed in an article by Paris Property group last month, have been viewed as controversial by investors, landlords and real estate professionals.

In the works for some time, the Paris Prefecture has released city-wide reference tables for the ALUR rent caps law. The newly revealed rent calculations answer some questions on how the law will play out, but leave other concerns, like the role of luxury apartments, historical considerations and additional amenities, unclear.

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beaune drawing

What do you mean by ‘Parisian apartment’?

Is it the crown moldings and chandeliers? Herringbone wooden floors? The iron balconies and French doors? The trick is combining the classical elements with modern amenities for a classy and livable result.

The classic Parisian aesthetic will never go out of style – clean white walls contrasted with flowing silk curtains draped over glowing parquet de Versailles floors. But an apartment is only as good as its weakest link: if you can’t linger in the space, if there are no closets for your clothes, it won’t work as a modern living environment. And without tasteful, modern decoration and amenities, it can feel like Louis XIV in the Hall of Mirrors.

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Paris park

Latest Paris Property Figures from Notaires

Sales volumes are up, but prices have continued their gradual decline.  Prices should stabilize in the near term due to the strong market typical in Paris during the summer months. 

Figures provided by the Paris Notaires reveal that the Parisian real estate market has been slightly more active in recent months, especially in the Grand Couronne, which includes certain districts outside of Paris proper. Overall, the official figures show an increase in the number of homes sold, combined with marginally lower prices during the first quarter of 2015.

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Paris and La Defense offices

Demand for Paris office space drops

Office rentals in Ile-de-France have suffered a drop in early 2015, but the wider commercial rental market is due to bounce back in September.

A study published last Tuesday by industry reference group Immostat found that office rentals in Ile-de-France plummeted in the first half of 2015. With 915,200 square meters rented, this equates to a 22% drop since last year.

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Grands Augustins 1

For sale in Paris: pied-a-terre on rue des Grands-Augustins, 6th Arrondissement

Renovated 62m2, one-bedroom apartment for sale, located in Paris’ 6th arrondissement just steps from the Seine, offered for 1 260 000 €.

Exposed, original 18th century beams and spare, plastered walls give this one-bedroom duplex, located in Saint Germain, the lofty feel of an art gallery. Designed and fully renovated in 2009, this 2nd floor pied-à-terre has incredible light and wonderful volume.

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Property Spotlight – rue de Varenne, 7th arrondissement Paris

A renovated two-bedroom, two-bath 136 m2 apartment located in the 7th arrondissement, directly adjacent to the Hotel Matignon, is listed at 1,900,000€ agency fees included, just under 14,000 € m2.

Nestled in privileged and secure surroundings, and counting the French Prime Minister as the next door neighbor, lies a rare, renovated two-bedroom, two-bath 136 m2 apartment. Located in the 7th arrondissement, in the prestigious Saint Thomas d’Aquin neighborhood, the iron gated, elegant stone building is directly adjacent to the Hotel Matignon with its large private park, and only a short stroll to the Bon Marché and Saint Germain.

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renovation plans for the iconic Louvre post office in Paris

Renovation of the Louvre post office building full spead ahead

An ambitious project to renovate the Louvre post office building includes big plans both inside and out.

A rarity in Paris, the Louvre post office is well known for its 7-days-a-week and near 24-hours-a-day service. Besides being the only post office with that claim, it is also the most frequented one in the city. But those in the habit of sending packages at all hours of the night will have to (temporarily) seek other arrangements, as the building undergoes extensive changes both inside and out.

The ambitious renovations will bring not only a new look but new life to the building, offering a myriad of services from a luxury boutique hotel to social housing to a workspace for young entrepreneurs.

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Photo by Jennie Cottle

International buyers don’t cause higher real estate prices in Paris, study finds

International buyers seem to scoop up more and more Paris properties each year, fueling rumors that they are bidding up real estate prices. A  recent study by the Paris Notaire Association dispels the myth.

One thing is certain: Paris is a global town. In addition to its status as the most visited city in the world,  15% of its resident population are foreigners. And more are coming: in 2014, 9.2% of Paris real estate purchases were not made by French citizens, the highest rate in a decade. continue reading…


Paris Under the Strawberries

An innovative rooftop garden on Paris’ Galeries Lafayette is a fresh take on urban farming.

Haute couture shoppers at Paris’ Galeries Lafayette will be surprised to know that hundreds of kilos of strawberries are floating on the roof above their heads. “Paris under the Strawberries” is an installation of walls of strawberries and other aromatic plants on the rooftop of the iconic department store. Officially unveiled in mid-June, the project is the brainchild of the French Association for Soilless Cultivation (FASC), in conjunction with the city’s economic development agency, Paris & Co

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© Kazuyo Sejima + Ryue Nishizawa / Sanaa

Ambitious renovation of Paris’ iconic La Samaritaine gets the green light back

France’s highest administrative court reverses earlier rulings, finds that the proposed glass facade is sufficiently in harmony with Paris existing architecture.
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Photo by Antonin 77

Controversial rent cap for Paris apartments will take effect in August

Paris is about to inaugurate a rent cap, the first of its kind in France. For many real estate professionals, the imminent change raises serious concerns that investors will be discouraged and the market will destabilize. There is also the sense that, good intentions aside, the law will hurt the very people it was intended to help. continue reading…

Photo by Jean-Pierre Dalbera

French real estate investment funds go shopping in Paris

French SCPI funds are confirming their expanding role in the property investment landscape in France. In the first quarter of 2015, SCPI capitalization overall reached €29.9 billion, according to figures published by fund monitor MeilleureSCPI. continue reading…

©Sylvia Davis

One in five homes in Paris are overcrowded, INSEE reports

Over twenty percent of homes in Paris are too small for the number of people living in them, according to new housing figures published by INSEE, France’s National Institute of Statistics and Economic Studies. continue reading…

©Takuji Shimmura & Milène Servelle/Hamonic + Masson

Reaching for the sky: Paris inaugurates its first residential tower since the 1970s

Mayor Anne Hidalgo has inaugurated a 50m-high block tower, the first residential high-rise to be built in Paris since 1975.  It’s completion is a strong symbolic statement that it is now possible to build to ‘greater heights’ in the capital. continue reading…

Photo Alexander Stein

Property occupancy tax in France increased 19% in ten years

The national average rate for residential occupancy tax (taxe d’habitation) payable on property in France has crept up 19% over ten years, according to an analysis based on official figures from the tax office/INSEE and published by Home’n’go.

The French taxe d’habitation is equivalent to a residence tax and is paid by the person or household unit living in the property on the first of January of each year continue reading…

Photo by Jmex

Eagerly awaited, Les Halles renovation enters the homestretch

A short walk north of the Seine in the heart of Paris, the Les Halles neighborhood is home to 7000 residents and over 16,400 jobs. The Châtelet-Les Halles RER commuter rail and subway station is the largest transport hub in the Ile de France region, serving over 800,000 passengers per day. continue reading…

Photo by Hans

Paris Real Estate Prices Drop Slightly in Q1 2015

The market in the greater Paris Île-de-France area has seen prices fall a slight 0.4% during the first quarter of 2015 versus the previous quarter, according to the official quarterly figures published by INSEE/Notaires de France on May 28. The average price over the past twelve months has gone down by 2.1 percent. continue reading…

©Sylvia Davis

Paris clamps down on short-term rentals

In an unprecedented move, Parisian officials swept through 98 buildings and visited 1868 apartments over three days in the French capital that they suspected of being illegally rented out short term to tourists. continue reading…

Photo by Kathrin via Pixabay

New Build Sector in France Yields Positive First Quarter

Figures published on May 21, 2015 by L’Observatoire de la Fédération des Promoteurs Immobiliers de France (FPI), show an increase in sales of 10.4% for the first quarter of 2015 for the new build real estate sector in France, compared to the same period in 2014. continue reading…

Photo by Groume via Flickr

Paris to Convert a Third of Its Underutilized Office Space into Residential Housing by 2020

In another significant step intended to invigorate the city, Paris Mayor Anne Hidalgo has pledged to transform 250,000 square meters (m²) of Paris offices into residential housing by the year 2020. continue reading…

Photo by ZeroTwoZero via Wikimedia

Important changes to inheritance laws in France are welcomed by residents and non-residents alike

An EU-wide regulation, passed by the European Parliament in July 2012 with effect from August 2015, will result in a drastic and welcome change to the inheritance rules governing real estate in France, for both residents and non-residents alike. Our summary follows. continue reading…


Greening up Paris, one small space at a time

If there’s a downfall to building a city slowly over 2000 years, it’s that nobody thought to reserve the space for a large park in the city center. Unlike the center stage enjoyed by Manhattan’s Central Park or Berlin’s Tiergarten, Paris’ biggest and best parks are, by contrast, at the fringes of the city.

But the city has many small spaces that lend themselves to a bit of green. In July 2014, the City of Paris launched an initiative to identify existing and potential green spaces and to undertake projects to enhance them. continue reading…

View from the Tour Montparnasse

Paris’ Montparnasse neighborhood to get a facelift

The Montparnasse neighborhood of Paris will undergo a major transformation by 2020, by way of a series of major urban renewal projects slated to begin early next year. ‘We need to re-humanize the face of the neighborhood,’ said Jean-Louis Missika, the deputy mayor in charge of urban planning continue reading…


Work not play: the most sought-after (and pricey) office spaces for rent in Paris

Specialized French commercial property listing site recently released the results of its research identifying the top 5 most expensive and desirable neighborhoods in Paris for office property.

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Asian and Middle Eastern investors set their sights on the Paris region

In the context of the dynamic commercial property market in Paris, Asian and Middle Eastern institutions have targeted the city for property investments.

Recent research shows that sovereign wealth funds, insurance companies and developers have invested heavily in cross-border investments during the past two years. In 2013, total investment amounted to around $22 billion (€18.5 billion). The total for 2014 is expected to exceed that sum.

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Could Paris be adorned with vertical forests and parks by 2050?

Imagine the high-rise buildings of Paris clothed with trees and gardens, transforming the city into a green landscape. This is the idea outlined in a recently published study, Paris Smart City 2050.

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Saint-Sulpice apartment for sale in Paris; 75006

This fully renovated, air conditioned 1 bedroom apartment with balcony in a beautiful Haussmannian building is ideally located on a quiet street between the Luxembourg Gardens and the Place St. Sulpice in the heart of the 6th arrondissement, the most desirable area in Paris. On the 5th floor with elevator, the property offers views of the St. Sulpice church, the Eiffel Tower and Parisian rooftops.

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Property investment manager AEW plans to spend €4 billion on European real estate

Real estate investment manager AEW Europe intends to spend up to €4 billion on European property over the next three years. Demand for commercial property from Asian investors is particularly strong.

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Paris is judged the best city for students for the third year running

For the third year running, Paris has been ranked first among 50 cities for its attractiveness to students, ahead of Melbourne and London.

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St. Germain des Près apartment for sale in Paris; 75006

This spacious impeccably renovated 3 bedroom 2 ½ bath property is nestled on a quiet street just steps from the Seine and the Ile de la Cité. On the first floor without elevator of a well maintained 17th century building, it has 11 foot ceilings and beautiful wood flooring. It is located in a historic and highly sought after area of St. Germain des Près known for its art galleries, restaurants and boutiques.

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A European Court ruling will result in France reimbursing millions of euros to foreigners overtaxed on real estate sales and rentals

Since August 2012, non-residents who sell a property in France, or derive income from property rentals, have had to pay social charges totaling 15.5% on the net capital gain or the income. A recent judgment by the European Court of Justice (ECJ) has overturned this rule.

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The latest official figures show that sales volumes of Paris property rose during 2014 but prices dipped

During 2014, the number of sales of apartments in period buildings in Paris increased by 2% compared to 2013, but real estate prices decreased by 2.1%. These are the conclusions of the quarterly report for the 4th quarter of 2014 issued by the notaires, officials who handle property transactions in France.

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French appeals court halts the renovation of the iconic Paris department store La Samaritaine

A French court of appeal recently blocked the restoration of the former Paris department store La Samaritaine on the grounds that its Rue de Rivoli façade does not match its historic setting. We reported on the renovations here.

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Paris real estate remains a good investment in 2015

Residential real estate has traditionally been considered a good investment, and property in Paris remains so for 2015, says French weekly magazine L’Express. Several factors currently work in favor of property buyers in the City of Light.

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France reduces capital gains tax on real estate sold by non-EU residents

Marilyn Benichou, Senior Counsel of Paris law firm De Gaulle, Fleurance & Associés explains some changes to French regulations about capital gains tax that apply to non-residents.

From January 1st 2015, the French government introduced a number of changes to the capital gains tax regime, by means of the revised Finance Law 2014 and the Finance Law 2015.  continue reading…


Porte Dauphine apartment for sale in Paris; 75116

Located on a quiet residential street just off Paris’ grand avenue Foch between the Arc de Triomphe and the Bois de Boulogne, this 19.12 m2 studio apartment with air conditioning is on the top (5th) floor without elevator in a beautiful Haussmannian building. The exclusive St. James Club and the Victor Hugo shopping district are both in close walking distance.

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Restoration work continues on the splendid Hôtel Lambert on the Île Saint-Louis despite fire damage

The 17th century Hôtel Lambert is one of Paris’ grandest privately-owned mansions, located in the heart of Paris on the Île Saint-Louis in the 4th arrondissement (district). The building was formerly a splendid example of mid-17th century architecture and interior design, containing some fine frescoes.

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Around Faustine’s desk on the Rive Gauche: an interview with Kamara Mariam of child-minding agency Pikaboonanny

This is the next in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil: an interview with Kamara Mariam, founder of upmarket child-minding agency Pikaboonanny.

No.103 rue de Grenelle in the 7th arrondissement (district) is a magnificent, recently renovated complex of buildings that once housed the first telegraph network in the 19th century. I went there to meet Kamara Mariam, founder of upmarket child-minding agency Pikaboonanny.

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A reminder that European Union inheritance regulations will change as of August 2015

International inheritances amount to some €100 billion per year, but the rules governing cross-border inheritance are complex.

Inheritance laws are different in each European Union (EU) country. This web page set up by the notaries of Europe, explains the current rules in each EU state.

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2014 was a dynamic year for French commercial property, with investment of €23.8 billion

 €23.8 billion was invested in the French commercial real estate market during 2014, according to the latest figures. This is an increase of 57% over the 2013 total of €15.1 billion and makes 2014 the third best year on record after 2007 and 2006. Much of that investment was in the capital: for each euro invested in French commercial property, 74 cents went to the Paris market.

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During the third quarter of 2014 sales volumes increased and property prices declined slightly in Paris

According to figures recently issued by the Notaires de France (officials who handle property transactions), sales volumes increased and property prices fell slightly in Paris during the third quarter of 2014.

The notaires regularly issue a bulletin analyzing the real estate market in France.

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Paris’ finest palaces and mansions: the Hôtel de Soubise

This is the next in a series looking at some of the sumptuous palaces and mansions for which the City of Light is rightly famed.

The Hôtel de Soubise is an elegant 18th century mansion on the rue des Francs-Bourgeois in the 3rd arrondissement (district). It has been the property of the French State since Napoleonic times and now houses the Musée de l’Histoire de France (Museum of French History) and part of the French National Archives.

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Low rise Paris, a city center with few skyscrapers

Have you ever wondered why central Paris has so few skyscrapers? Compared with most major world cities – Hong Kong, New York or Dubai, for example – the City of Light has few high rise apartment buildings.

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The historic Hotel de Crillon on Paris’ Place de la Concorde is scheduled to reopen in 2015 after its restoration

One of the grandes dames of Paris hotels, the Hotel de Crillon, is undergoing its first major renovation since becoming a hotel in 1909. Work began in 2013 and is scheduled for completion in 2015.

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The residential real estate market in Paris compared with the rest of France

Paris is one of the world’s primary business centers and tourist destinations, and demand for residential property is high. Several factors have ensured that the Paris real estate market has remained buoyant over the past 25 years, despite periodic bear markets:

  • There is a shortage of new construction.
  • The city center cannot expand beyond the périphérique ring road.
  • Real estate buyers favor properties in period buildings, for which demand outstrips supply.

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Paris Perfect Cote de Beaune Apartment Living Room

An interview with Paris apartment rentals company Paris Perfect

Continuing our series of interviews with collaborators, we talk to Madelyn Willems of Paris apartment rentals company, Paris Perfect. 

1. Where do you come from, how long have you lived in Paris and what brought you here?

My father was a US Air Force pilot, and we were posted to Naples and Rome in Italy, and Wiesbaden in Germany. continue reading…


Paris’ Champs-Elysées has the most expensive retail rental values in Europe

The Avenue des Champs-Elysées is the most expensive location in Europe for retail rental values, and the 6th most expensive world-wide, according to a new report.

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The US dollar rises to a nine year high against the euro

This week, the US dollar rose to a nine year high against the Euro. One euro is currently worth about $1.19, compared to a low of around $1.58 in April 2008. This time last year, the rate was $1.36 to the euro.

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The legendary Ritz Hotel on Paris’ Place Vendôme is undergoing a major renovation

When César Ritz founded his palatial hotel in 1898, his vision was to offer “all the refinements that a prince could wish for his own home.” His wish came true. During its lifetime, many of the crowned heads of Europe have enjoyed the Ritz’s elegant luxury – hence the word “ritzy”.

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La Tour Blanche in Paris’ La Défense business district has changed hands for €161 million

The recently renovated white façade of the Tour Blanche (literally, the white tower) makes it one of La Défense’s more eye-catching buildings.

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Paris’ finest palaces and mansions: the Bibliothèque Nationale de France site in the city center

This is the next in a series looking at some of the sumptuous palaces and mansions for which the City of Light is rightly famed.

The Bibliothèque Nationale de France (French National Library) is actually a complex of buildings in Paris’ 2nd arrondissement (district). It occupies the so-called Quadrilatère Richelieu (Richelieu rectangle), bordered by the Rues Colbert, des Petits-Champs, Richelieu, and Vivienne.

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French mortgage interest rates continue their downward course

Just when you thought French mortgage interest rates couldn’t go any lower, they fell yet again in November.

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Paris rises to 2nd place among European cities for commercial property investment  

The latest research shows that Paris occupies 2nd place among 100 European cities for commercial property demand, just after London. This is one place up from the city’s ranking in 2013.

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Non-residents who have sold a second home in France may be able to reclaim French social charges and part of the tax on capital gains, but there is a time limit

Two expected changes to French tax law mean that some non-residents of France may be able to claim refunds of social charges payments and partial refunds of capital gains tax. But claims for refunds of payments made in 2013 must be filed by December 31st 2014.

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The emblematic post office building near the Louvre is to be redeveloped

La Poste du Louvre, the post office on the rue du Louvre, is to be redeveloped to include a luxury hotel. Not only is the post office the largest in France, but it also stays open almost 24 hours every day – useful for those who have waited until the last minute to file their income tax return.

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Stiff competition in the Paris luxury hotel market has inspired major makeovers

Paris is one of the most visited cities in the world and it’s famed for its opulent hotels in top locations. But growing competition in the luxury hotel market means that Paris hoteliers have had to stay one step ahead of the game.

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Investment in French commercial property continues to soar

A recent survey shows that investors plowed €16 billion into French commercial property during the first three quarters of 2014. This is an increase of 45% over the same period in 2013, and already 5% more than the total amount invested last year.

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A new index shows that real estate prices increased in Paris during summer 2014

According to a new property price index, real estate prices in Paris increased by almost 1% over the three months to September 2014.

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French mortgage interest rates continued to fall in September

 Mortgage interest rates that French banks offered to individual property buyers continued to fall during September, according to a new study.

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The City of Paris is to put forward its rooftops for UNESCO World Heritage status

The rooftops of Paris have often been the inspiration for artists, writers, and film makers. Now, the City of Paris has voted to put forward its roofscape as a candidate for UNESCO World Heritage Site status.

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A major Canadian pension fund has bought a Paris property for €263 million

One of the largest Canadian pension funds has acquired a property in Paris’s rue Blanche (9th arrondissement – district) from the Carlyle Group for €263 million.

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Paris’ finest palaces and mansions: the Palais Royal

This is the first in a series looking at some of the sumptuous palaces and mansions for which the City of Light is rightly famed.

Located opposite the Louvre in Paris’s central 1st arrondissement (district), the Palais Royal has a long and colorful history. It has been home to royalty and aristocracy, once contained a shopping and entertainment complex, and is now owned by the French State. And it is no stranger to controversy.

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Paris is one of the cities to invest in for luxury real estate in 2015

New research on global cities shows that luxury real estate investors have an increasing appetite for investing in alternative neighborhoods in established cities, including Paris.

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Around Faustine’s Desk on the Rive Gauche: pastry shop Acide Macaron

This is the next in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil. An interview with Jonathan Blot, master pastry chef and creator of Acide Macaron.

This brand new setting at 10 Rue du Bac in the 7th arrondissement (district) is the showcase for a shop filled with dazzlingly-colored pastries. This is the world of Acide Macaron, which I discovered during my recent interview with Jonathan Blot, master pastry chef and creator of the brand.

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Living on a houseboat in Paris

Apartments with a river view in top Paris locations command premium prices. One was sold recently on the Quai de Conti in the 6th arrondissement (district) for a record €42,600/m2. So why not live on the River Seine instead?

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Ask Miranda: How do I go about arranging a mortgage in France?

Question: I am thinking of buying a property in Paris and am considering taking out a mortgage to do so. How do I go about this?

French mortgage rates have never been so low, but they may not remain so for very much longer. If you are considering a mortgage, it makes sense to contact banks or a mortgage broker early on. This enables you to identify your borrowing capacity upfront and act quickly to secure your ideal property.

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Foreign buyers increasingly purchase property in Paris

Recent figures compiled by notaires (officials who handle property transactions) show that foreigners are buying property in and around Paris in greater numbers than at any time over the past 15 years.

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Carré des Antiquaires apartment for sale; 75007 Paris

This spacious 1 bedroom duplex apartment with soaring ceiling height is located just steps away from the Seine in the « Carré des Antiquaires », the exclusive section of Paris’ 7th arrondissement that is home to numerous antique dealers.

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15 things to find out about a Paris apartment when property-hunting

Buying a luxury apartment is a major investment. So you want to be sure you have all the information about it at your fingertips before you visit – and certainly before you buy.

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The Louis Vuitton Foundation will open in Paris at the end of October 2014

This is the seventh in our series of posts looking at major projects that are enhancing parts of Paris.

An extraordinary new building, the Fondation Louis-Vuitton pour la Création (Louis Vuitton Foundation for Creation), is scheduled to open in Paris’ Bois de Boulogne on October 27th.

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Real estate prices in Paris: around the arrondissements

French weekly l’Express recently published its annual run-down of property prices in Paris, having questioned realtors in each arrondissement (district) to get their view of market trends.

1st, 2nd, 3rd, and 4th arrondissements – properties with flaws selling more slowly

In the heart of Paris, foreigners are still seeking a pied-à-terre, but have become more selective. Apartments with faults, such as the lack of an elevator, are slower to sell than flawless properties.

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Panthéon apartment for sale in Paris; 75005

This stunning and extraordinary top floor 1 bedroom apartment is located in the heart of the historic 5th district, a mere 5 minute walk from the Pantheon, the place de l’Estrapade, the place de la Contrescarpe or rue Mouffetard. On the 4th floor with elevator of a neatly kept and private ensemble of buildings named « Résidences du Pantheon » its terrace and 2 balconies offer open views of the Pantheon and overlook the garden of a former convent, providing an atmosphere of the countryside in the very heart of Paris.

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Anglo-French joint venture acquires a portfolio of four Paris office buildings

LBO France and Maple Knoll Capital have bought a total of 60,000m2 of office space in four locations for an undisclosed sum. LBO France will take control of a 17,000m2 building in Saint-Ouen, currently rented to Alstom Transports. Maple Knoll will manage the other three buildings in Velizy, Ivry-sur-Seine and Gentilly.

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Paris property prices continue to resist, according to the latest figures

According to recent figures, real estate prices in Paris have continued to hold up and the number of transactions has increased during the 2nd quarter of 2014.

The representative body of the officials who handle property transactions, Notaires de Paris-Ile-de-France, issues a quarterly roundup of property prices. These figures show that prices remained stable in Paris over the quarter, with a median price of €8,120/m2. The annual price variation in Paris over the year from the end of June 2013 to the end of June 2014 was -1.1%.

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The role of notaires in French property transactions: change on the horizon?

Lawyers do not handle real estate transactions in France. This is the job of notaires, public officials with specialized legal training appointed by the Minister of Justice. Now, the notaires’ fee structure is under review and their monopoly may be ended.

The role and remuneration of notaires in France

The role of the notaire is time-honored and highly respected. Notaires also handle other areas of law, such as family and inheritance law. Their involvement ensures that legal acts are legitimate and authentic.

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The Picasso Museum in Paris’ Marais neighborhood now set to reopen in October 2014

The long-awaited reopening of the Picasso Museum is scheduled to take place on October 25th 2014, the 133rd anniversary of the Spanish-born artist’s birth. The re-launch was originally planned for June 2014. We reported on it back in April as part of our series on major projects that are enhancing parts of Paris.

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Paris’ Arche de la Défense to undergo a major renovation

The Arche de la Défense is a distinctive sight on the Paris skyline and one of the emblems of the city. This enormous glass and marble cube is 25 years old this year and is about to undergo a major face-lift.

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Lamarck-Caulaincourt apartment for sale in Paris; 75018

This cozy 1 bedroom apartment, with balconies offering views of Parisian rooftops, is located in Montmartre near the town hall of the 18th arrondissement in a lively and up an coming neighborhood. It is situated on a quiet street lined with Haussmannian buildings, yet is close to transportation, restaurants and shops.

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A new French residential property price index launches in September 2014

A new French residential property price index is to be launched in September 2014. Its creator is Michel Mouillart, a professor of economics at a Paris university and director of the Housing Credit Observatory. He claims that it will provide more up to date information than existing data.

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Arc de Triomphe apartment for sale in Paris; 75116

This elegant and sunny 2 bedroom apartment is well located near the Arc de Triomphe on a quiet street off Paris’ grand avenue Foch.  It is on the 4th floor with elevator of a beautifully maintained ornate 19th century building.

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Investors crowd into France’s commercial real estate market

According to recent research, investors paid €10.7 billion euros for French office, retail, logistics, and industrial properties between January and June 2014 – an increase of 73% over the same period in 2013.

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Place St. Georges apartment for sale in Paris; 75009

This sun-filled 1 bedroom apartment with balcony is located off the rue des Martyrs near the charming Place St. Georges in the 9th arrondissement. On a quiet street, it is in close proximity to the many shops and restaurants in this lively neighborhood.

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The French State continues its real estate sell-off

The French State is one of the biggest holders of state-owned property in the world. It held €59,384 billion of real estate at the end of 2013 and continues its policy of divestment. In 2012, its property assets were valued at €60,064 billion.

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Paris’s iconic Le Grand hotel is to be sold to a Qatar group for €330 million

Sales of famous Paris hotels continue apace. InterContinental Hotels Group (IHG) has recently agreed to sell the Le Grand hotel to the Qatari group Constellation Hotels Holding Limited for €330 million. The hotel currently has 470 guest rooms, including 70 suites. Constellation plans to renovate Le Grand at an estimated cost of €60 million.

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The luxury real estate market in New York City: an interview with Elyse and Stephen Gutman of the Corcoran Group

Continuing our series of collaborator interviews, Elyse and Stephen Gutman of the Corcoran Group tell us about the luxury real estate market in New York City.

1. Please give us a brief bio of your agency.

The Corcoran Group was founded in 1973, as the market in New York City was transformed from a mainly rentals based market to one of individual ownership. Corcoran targeted specific neighborhoods and concentrated on higher-end properties. Through pursuing this strategy and acquiring major real estate companies in Manhattan and Brooklyn, Corcoran is now one of the largest residential real estate firms in New York City. continue reading…


Norway’s oil fund has bought Le Madeleine office and retail complex in Paris for €425.6 million

The world’s biggest sovereign investment fund, Norges Bank Investment Management, has bought Le Madeleine building in Paris for €425.6 million ($570 million) from a fund managed by Blackrock Inc.

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French property prices remain stable in the short term but are forecast to rise in 2015 and 2016

The Notaires de France (officials who handle property transactions) indicate that French property prices were stable at the end of May.

In advance of their quarterly analysis for the 2nd quarter of 2014, the notaires’ bulletin shows that prices in Paris saw a slight decline of 0.2% between February and May. As ever, these figures conceal wide variation among and within arrondissements (districts).

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French shopping mall company Klépierre is set to buy Dutch competitor Corio, giving it Europe-wide coverage and €21 billion of assets

French real estate firm Klépierre is poised to acquire Dutch rival Corio for €7.2 billion. Following the deal, the Europe-wide shopping mall operator would have €21 billion of assets.

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The historic Concorde Opéra Paris hotel undergoes a major makeover

The Concorde Opéra Paris hotel is undergoing a significant restoration program, prior to re-branding as the Hilton Paris Opéra in September 2014. The hotel remains open during the renovation work, which is scheduled for full completion in early 2015.

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The market for super-luxury properties in Paris remains buoyant

Super-luxury properties in Paris with a price tag of €10 million or more remain highly sought-after, according to property experts. Most buyers at this level are ultra-high net worth foreigners with assets of more than €25 million. This trend is predicted to increase.

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Парис проперти груп объявляет о использовании новых ресурсах на сайте, помогающих получать информацию о недвижимости в Париже

Парис Проперти Груп, это агенство недвижимости, предлагающее полный спектр сервиса в Париже, Франция, объявляет о создании на своем сайте рубрики «Лучшее в Париже» и своих новых Интерактивных инструментах. «Лучшее в Париже»это интерактивный гид по Парижу, в то время как страница «Рынок ресурсов» представляет постоянно обновляющуюся подборку показателей рынка недвижимости Парижа и другие сведения, предназначенные для расширения знаний и получения информации клиентам в процессе исследования, покупки или продажи недвижимости в Париже. Вместе с блогом «Эта Парижская жизнь», созданным в прошлом году, эти инструменты предлагают наиболее полную информацию по парижской недвижимости, доступную клиентам в любой стране мира. continue reading…


Around Faustine’s desk on the Rive Gauche: an interview with Philippe Chupin, founder of shop and gallery SIECLE

This is the next in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil. An interview with Philippe Chupin, founder and creator at SIECLE, a gallery and shop that sells tableware, home accessories, and gifts.

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Jardins du Trocadéro apartment for sale in Paris; 75116

This extraordinary property provides breathtaking views of the Eiffel Tower from the apartment itself as well as from its private rooftop terrace.  It is located on the right bank, a short walk from the Seine and the Trocadero gardens.

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French mortgage interest rates remain low and some banks are reducing them further, say experts

French mortgage lenders are maintaining interest rates at a low level. This trend is likely to continue throughout the summer of 2014.

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The French property market is reviving in certain regions, notably in Paris

Property pundits have noted that prices have started to increase again in certain regions of France, particularly in Paris, during the early summer.

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A new sporting and events stadium, Arena 92, is scheduled to open in Paris’ western suburbs in 2016

This is the sixth in our series of posts looking at major projects that are enhancing parts of Paris.

The largest cultural and sporting complex in France, Arena 92, is currently scheduled to open at the end of 2016 in Nanterre in Paris’ western suburbs. The stadium is under construction on a former sports ground near the arch of La Défense.

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The long-awaited The Peninsula Paris Hotel will open on Avenue Kléber on August 1st 2014

The Peninsula Paris Hotel will open its sumptuous doors on August 1st on Avenue Kléber in the 16th arrondissement (district). The hotel is located near the Champs-Elysées and is a stone’s throw from the Arc de Triomphe.

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Paris is one of the most attractive cities in the world for business investment, according to a new survey

International business leaders rate Paris the third most attractive city in the world for business investment, according to a recent survey carried out for KPMG. This is a jump of two places in the space of a year.

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The Napoleonic Code and property ownership and inheritance in France

The Napoleonic Code is the civil legal framework of France, established in 1804 by Napoleon Bonaparte. It sets out the rules in relation to divorce, inheritance, and property ownership, among other things.

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French Capital Gains Tax: the rules for individuals who have been fiscally domiciled in France

We have reported regularly on changes to the French capital gains tax (CGT) regime over the past two years.

In France, the capital gain on the sale of a primary residence is exempt from any tax. But the capital gain on the sale of a second home or investment property is liable to tax and social charges. We explain the current rules here.

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Middle Eastern Investors Commercial Real Estate in Paris

Middle Eastern investors are set to spend $180 billion on commercial real estate over the next decade, with Paris as a key target

New research shows that Middle Eastern investors will shell out $180 billion on commercial real estate worldwide over the next 10 years. Paris will be one of the key targets.

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Prime Residential Markets in Europe's top Cities

Prime residential markets in Europe’s top cities: how does Paris compare?

A new report concludes that Paris offers increasingly good value compared with some other top European cities.

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Hotel Marriott Champs Elysées 2

A Hong Kong based investment firm snaps up the Paris Marriott Hotel on the Champs-Elysées

A Hong Kong listed investment company has announced it is buying the Paris Marriott Hotel from French real estate company MCE PropCo. This luxury hotel is located on the Champs-Elysées in the center of Paris.

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Setting up a Société Civile Immobilière (French civil property company): how does it work and what are the pros and cons?

The French Société Civile Immobilière (SCI) is a popular vehicle for purchasing real estate in France. Paris-based firm Pech de Laclause, Bathmanabane & Associés gives an overview of this structure and discusses some of the pros and cons.

What is an SCI and when is it a suitable vehicle for buying and managing French property? continue reading…


The Rue du Vertbois in Paris’s Marais neighborhood is being transformed into a hip foodie destination

This is the fifth in our series of posts looking at major projects that are enhancing parts of Paris.

Parisian millionaire Cédric Naudon is transforming the Rue du Vertbois in the northern Marais neighborhood into a gourmet and design destination. The project, nicknamed ‘La Jeune Rue’ (the young street), aims to combine ethically sourced food with high quality design.

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Opéra - Paris Property Group

Latest figures for Paris property prices show an “astonishing resistance” 

In recent decades, the resilient Paris real estate market has defied predictions of large falls in price. And, in its latest quarterly roundup of prices, the Chambre de Notaires de Paris/Ile-de-France describes the “astonishing resistance” of prices per square meter for old apartments.

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Façade Androuet Rue de Verneuil - Around F's Desk

Around Faustine’s desk on the Rive Gauche: an interview with Emmanuel Monnoyeur at specialist cheese shop Chez Androuet

Next up in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil, is an interview with Emmanuel Monnoyeur, manager of Chez Androuet.

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A French real estate investment trust has acquired the Abbaye de Penthemont from the French State

French real estate investment trust Foncière des 6ème et 7ème Arrondissements de Paris has recently bought a prestigious office complex from the French State for an undisclosed sum. The Abbaye de Penthemont is situated at the corner of the Rue de Bellechasse and the Rue de Grenelle in Paris’s 7th arrondissement (district).

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Marais Property in the charming Village St Paul for sale; 75004

This elegant fully renovated one bedroom apartment on the second floor with elevator of a well maintained stone and brick 19th century building is located in the historical Village St. Paul area of the Marais.

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France’s retail property market is expected to pick up in 2014-Paris Property Group

France’s retail property market is expected to pick up in 2014 

An expected upturn in French consumer spending during the 2nd quarter of 2014 is expected to benefit parts of the retail property market, experts say.

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Ask Miranda - Paris Property Group

Ask Miranda: how are appliances and/or furniture treated if they are included in a property purchase in France?

Question: I am purchasing an apartment in Paris. I am being charged on top of the purchase price for the refrigerator, stove, oven, dishwasher etc. Is this normal? 

Normally, appliances and/or furniture are not included in the sale of an apartment. However, you can agree with the seller to buy them along with the property.

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Eglantine Balcony

Luxury rentals in Paris: an interview with Christophe Chastel of Guest Apartment Services

An interview with our collaborator Christophe Chastel, who owns and runs Guest Apartment Services, a luxury rentals company based on Paris’s Ile St. Louis.

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Rosemary Flannery, American Tour Guide - Paris Property Group

The UK lowers the threshold for stamp duty on property purchases through a company structure: how does this compare with France?

The UK government has cracked down on the practice of purchasing properties through a company structure in order to avoid paying stamp duty. This measure is aimed in particular at wealthy foreign buyers who have bought investment properties that have subsequently been left empty.

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Sorbonne sundial

An American tour guide, author and artist in Paris: an interview with Rosemary Flannery

An interview with our collaborator, Rosemary Flannery, who has been a Parisienne since 1989 and gives private guided tours of Paris’ museums and monuments

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Eiffel Tower - Paris Property Group

The makeover of the Eiffel Tower’s first level should be complete by autumn 2014

This is the third in our series of posts looking at major projects that are enhancing parts of Paris.

The Eiffel Tower, Paris’s most famous landmark in the 7th arrondissement (district), celebrated its 125th anniversary on March 31st this year. It is also undergoing a makeover that will transform its first level. One of the more spectacular aspects, a glass floor, will be open to visitors in the fall.

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Chrities Sale - Paris Property Group

The global prestige property market was buoyant in 2013, according to a new report

The luxury property market thrived in 2013, says a new report on international real estate. London was the most popular destination for luxury property buyers seeking a second home but also the most expensive. The latter factor may encourage buyers to start looking to other cities, including Paris.

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Rue de Beaune - Paris Property Group

Carré des Antiquaires apartment for sale in Paris; 75007

This quiet fully renovated one bedroom apartment is located in the heart of the historic Carré des Antiquaires in the 7th arrondissement, on the 2nd floor without elevator of a well maintained 19th century building.

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Vaux-le-Vicomte, the chateau that was the model for Versailles

Everyone has heard of the Palace of Versailles, one of the most sumptuous palaces ever built and a monument to the power and wealth of the Sun King, Louis XIV. The chateau of Vaux-le-Vicomte is smaller and less well-known but is a gem in its own right. And it was the inspiration for Versailles in many ways.

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Ask Miranda - Paris Property Group

Ask Miranda: who pays the real estate agent’s fees when a property is sold in France?

Question: In a French property transaction, who pays the selling agency’s fee, the buyer or the seller, and is it negotiable?

Standard practice in France is that the selling agency’s fees normally amount to around 5% of the purchase price of the property. The fees are agreed between the seller and the real estate agent and specified in the sales mandate. They are then included in the listing price that buyers see when the property is put on the market. Look for ‘FAI’ on the property advert, which means ‘frais d’agence inclus’ (agent’s fees included)

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Morgan Stanley - Paris Property Group

U.S. millionaires favor real estate over other types of alternative investment

Real estate is in a class of its own when it comes to investment in alternative asset classes (i.e. not stocks, bonds or cash), a recent survey by Morgan Stanley reveals. Of U.S. high net worth (NHW) investors with $1million dollars or more in financial assets, 77% own real estate, while 35% own Real Estate Investment Trusts (REITs).

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Record Paris Prices - Paris Property Group

Record prices for certain Paris properties in the 4th quarter of 2013

Real estate prices in Paris may not be soaring as much as they did but certain properties still command a premium. The Paris and Ile-de-France notaires (officials who handle property sales) have recorded top prices for several Paris apartments during the 4th quarter of 2013.

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Covered Paris marketplace le Carreau du Temple enters a new phase in its history after a makeover

This is the third in our series of posts looking at major projects that are enhancing parts of Paris.

Located on an historic site in the Marais neighborhood of the 3rd arrondissement (district), the covered marketplace le Carreau du Temple reopened in March 2014 following a major restoration.

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Turgot Map - Paris Property Group

See Paris as it was in the 18th century with a map from 1739

We posted recently about a series of interactive maps of Paris in the 16th century. Now move on a couple centuries and zoom in on the city as it was in the 1730s, 50 years before the French Revolution.

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Properties with an outside space in Paris

Properties with an outside space in Paris

Paris is a densely populated city with a high proportion of apartments to houses. Gardens and outside spaces are therefore at a premium. However, there are various ways of finding or creating an external space.

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Plaine Monceaux apartment for sale, Paris Property Group

Plaine Monceau apartment for sale in Paris; 75017

This grand top floor Haussmannian apartment is located in a quiet residential area of the 17th arrondissement, between the Place Pereire and the Place Catroux, in the vicinity of the Parc Monceau.

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Montmartre: a village within a city with some hidden gems

When most people think of Montmartre, they imagine the gleaming white domed façade of the Sacré Coeur church that dominates Paris. Or they recall the artists at their easels waylaying tourists in the Place du Tertre. These are certainly symbols of this legendary area of the city but there’s more to it than that.

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Finance Study over 2 past decades - Paris Property Group

A new study explores trends in Paris real estate over the past two decades

Despite successive financial crises, Paris real estate remains a profitable investment. Property prices have more than tripled over 30 years. Smaller apartments and studios have seen higher percentage increases than larger apartments. The most active foreign investors in Paris property are the Italians. But foreign buyers have not significantly influenced real estate prices.

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Picasso Museum - Paris Property Group

The Picasso Museum in the Marais neighborhood will reopen in June 2014 after a major makeover

This is the second in our series looking at major projects that are enhancing parts of Paris.

Art lovers will be delighted that the Picasso Museum in Paris’s Marais neighborhood is to reopen to the public in June 2014. The art gallery has been closed for five years for a major renovation and restoration program. The €52 million project will increase the museum’s size from 2,300 m2 to 3,800 m2. An additional 10 rooms will bring the total number of exhibition spaces to 34.

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Foreign Exchange Paris Property Group

Foreign exchange: the prospects for the euro against the dollar and the pound sterling in 2014

Our partners at foreign currency broker FC Exchange provide an update on how the major currencies might move in 2014. 

A major focus for currency markets in 2014 will be when and how fast interest rates will rise in the major economies. For rates to rise, the reduction of monetary stimulus will be a significant factor for central banks.

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Galry rue de Verneuil - Around Faustine's Desk

Around Faustine’s desk on the Rive Gauche: an interview with Stéphanie Moran, founder and director of art gallery Galry

Next up in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil, is an interview with founder and director of art gallery Galry.

The 7th arrondissement (district) is renowned for the numerous antique shops and art galleries concentrated in the Carré Rive Gauche (an area famous for antiques and decorative arts).

Art gallery Galry has been at 41 rue de Verneuil since 2011. It’s distinctive for its modernism and diversity. One sunny March day, I went to meet Stéphanie Moran, its founder and director, to find out more.

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Now is the time to buy prestige property in Paris

Now is the time to buy prestige property in Paris, say real estate pundits

Property experts consider that now is a good time to buy prestige real estate in Paris. The prices of prime properties in the sought-after Parisian neighborhoods are not as high as those in London or Geneva – also coveted by prestige property buyers.

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Loi ALUR - Paris Property Group

French supreme court rules new law regulating short term rentals in Paris partly unconstitutional

We reported recently on the government’s flagship piece of legislation on housing and property rentals: the loi ALUR/Duflot. The French Parliament had passed the law but right-wing senators and members of Parliament referred it to the Constitutional Council on the grounds that parts of it might be anti-constitutional.

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QE Place de Dublin-x

Quartier de l’Europe apartment for sale in Paris; 75008

This typically Parisian sunny 2 bedroom apartment is located on a charming street in the “European quarter” of the 8th arrondissement, between the trendy Batignolles area and the Gare St. Lazare.  Nestled in a quiet residential neighborhood close to public transportation, shops and restaurants, the classic 19th century Haussmannian building is depicted in the famous Caillebotte painting entitled ‘Paris Street, Rainy Day’.

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Commercial real estate investment

Commercial real estate remains a good bet in Paris

Paris remains a good bet for commercial real estate investment among the top 27 cities in Europe. A recent survey, Emerging Trends in Real Estate® Europe 2014, showed that institutional investors consider commercial property in Paris to be an essential component of their portfolio.

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Pont aux Changeurs et aux Meuniers - Medieval Paris

Take a virtual walk around Paris as it was in the 16th Century

Have you ever wondered how Paris might have looked in the 1500s? Now you can take a virtual walk through the city with a series of 3D maps developed by Grez Productions and based on a range of historical sources.

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An American architect in Paris: an interview with Michael Herrman

An interview with our collaborator Michael Herrman, a prize-winning architect who has created residential projects in Paris.  He also works on projects around Europe and in the US.

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Rénovation des Halles - Paris Property Group

The redevelopment of the former market halls (les Halles) in the center of Paris

This is the first in a series of posts looking at major projects that are enhancing parts of Paris and restoring others to their former glory. 

The redevelopment of the former wholesale food market, les Halles de Paris, in the 1st arrondissement (district) continues apace. Part of the makeover includes an undulating glass canopy to cover the Forum des Halles, the partially-underground shopping center. The canopy is scheduled for completion later in 2014.

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Loi Duflot - Paris Property Group

The loi ALUR/Duflot regulating aspects of property rentals and tenancies is delayed

One of the French government’s flagship laws has been censured on the grounds that parts of it may be anti-constitutional. The law would have altered key aspects of rental agreements, including short-term rentals.

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Avenue Montaigne - Paris Property Group

Paris is one of the “super-cities” that attracts worldwide commercial real estate investment

Recent research shows that investment in real estate is driving cities’ economic success rather than just being a consequence of it. Worldwide investment in commercial real estate over the past decade has totaled $4.6 trillion. Half of this has been concentrated in 30 cities.

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Ibérique Gourmet façade - Paris Property Group

Around Faustine’s desk on the Rive Gauche: Spanish deli Ibérique Gourmet

Next up in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil, is an interview with gourmet grocers Marie and Angel at Ibérique Gourmet.

I recently visited deli Ibérique Gourmet to seek out some typical Spanish delicacies. Marie and Angel’s shop opened in 2012 at 3 rue Paul-Louis Courrier right next to the rue du Bac in the 7th arrondissement (district). They explained to me the art of Spanish cuisine and told me about their top quality products. In their brand new bistro-restaurant Tourette, close by at 70 rue de Grenelle, they transform their products into appetizing dishes.

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Cour Damoye - Paris Property Group

Centrally located pied-à-terre for sale in Paris; 75011(border Marais)

This charming 1 bedroom apartment is located on a cobblestoned private pedestrian street off the Place de la Bastille. The quiet street and building are in a historically protected area free of typical Parisian street noise. This tranquil oasis from the bustling area surrounding it sits on the border between the Marais and Bastille areas. Its gates are closed at night for the comfort and security of its residents and during the day its ground floor shops and galleries are open to the public.

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Ask Miranda - Property surveys required in France

Ask Miranda: what property surveys are required when selling a property in France?

I’m planning to sell my Paris apartment, which I bought in mid-2007. The deed of sale had a number of diagnostic reports attached. Which of these do I have to have redone, what paperwork do I need to supply and who pays for it all – me or the buyer?

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Avenue Foch - Paris Property Group

Could Paris’s Avenue Foch become a pedestrian zone?

Things are heating up in Paris as we approach the municipal elections in March. As part of her pitch, Socialist Party candidate for Mayor Anne Hidalgo is supporting a proposal to transform Avenue Foch into a pedestrian zone.

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Parisian Door

Expenses you can offset against French capital gains tax

We have reported regularly on the changing capital gains tax landscape in France. Read our latest update here.

The capital gain is the difference between the price you pay for a property that is not your primary residence and the price you get when you sell it. However, there is a range of expenses, prescribed by French law, which you can add to the purchase price, thus reducing the capital gain. These need to be calculated before your capital gains tax liability can be assessed. continue reading…

Ave Montaigne blog pics 3

Avenue Montaigne ranks in the Top 10 Most Expensive Streets Worldwide

A recent study reveals that the Avenue Montaigne in the 8th Arrondissement (district) is among the top 10 most expensive streets in the world for luxury real estate.

The study ranked streets by their average price per square meter. At the top came Pollock’s Path in Hong Kong at a substantial 120,000€/m2. Avenue Montaigne came just behind New York’s Fifth Avenue (29,000€/m2) with an average price of 28,000€/m2. continue reading…

Low interest rates - Paris Property Group

Low interest rates in France sustain demand for properties in Paris

Mortgage interest rates in France remain at their lowest for years at around 3%. French property experts consider that this helped to sustain the market for older properties (as opposed to new construction) in 2013. continue reading…

FNAIM Map of Paris

Buy a home, not just a surface area, with the help of an interactive Paris real estate map

Properties in Paris are traditionally marketed by price per square meter. Now FNAIM, the trade association for realtors in Paris and the Ile-de-France region, has developed an interactive map. This allows you to identify the arrondissements (districts) that have properties in the price range and of the type you’re looking for. continue reading…

City Of Paris Real Estate

The City of Paris lists its real estate and discloses its receipts from property sales

The City of Paris owns a substantial slice of the City of Light. Taking its lead from the French government, in 2013 City Hall listed and disclosed the extent of its real estate. It holds five million square meters of property – equivalent to around 17.4% of Paris’s total built real estate.

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Boulevard Raspail apartment for sale - Paris Property Group

Saint-Placide apartment for sale in Paris; 75006

This grand 4 bed, 3 bath, is well located in the Notre-Dame-des-Champs neighborhood, between the Luxembourg gardens and Saint-Placide.

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Stamp Duty

Stamp duty on property sales in Paris will not increase as of March 1st 2014

Good news for real estate buyers in Paris: the City of Paris has decided not to increase its share of stamp duty on property sales as of March 1st 2014. That portion of stamp duty will remain at 3.8% of the purchase price instead of rising to 4.5%. continue reading…

Russian Othodox Center Paris

Planned Russian Orthodox Center on the Quai Branly gets the go-ahead

The Prefect of Paris and the Ile-de-France Region have given authorization to the Russian government to build a Russian Orthodox spiritual and cultural center on the Quai Branly in the 7th Arrondissement (district).

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Saint-Sulpice Fountain - Saint-Germain

Capital gains tax on property sales by non-residents: the UK follows France and the US

France may have led the way in imposing capital gains tax (CGT) on sales of second homes but the UK is now following suit.

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Bains Douches - Paris

A new luxury hotel is to open in the historic Bains-Douches building in the Paris Marais neighborhood

An historic building in the Marais neighborhood is to be renovated and converted into a 5-star hotel. Cinema producer and hotelier Jean-Pierre Marois plans a 39-room luxury hotel that will preserve the unique character of the Bains-Douches (literally, public baths) building, located at 7 rue du Bourg l’Abbé in the 3rd arrondissement (district). The hotel is scheduled to open in 2014.

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IPF Mortgage

French mortgage rates: will they stay low for longer or fall further?

Mortgage rates in France have been at historic lows in recent months. However, the outlook for the next move in interest rates has changed markedly over this period.

During the summer of 2013, commentators expected French mortgage rates to rise before the end of the year. In the early fall, this was pushed out to early spring 2014. The latest Eurozone inflation data has helped to delay rate rises into the current year.

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5 Mars 51 rue de Verneuil - Around Faustine's Desk

Around Faustine’s desk on the Rive Gauche: restaurant le Cinq-Mars

Next up in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil, is an interview with Perrine Ciantelli, waitress at le Cinq-Mars.

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Berlin Property for Sale - Unusual Spaces

Real estate in Berlin: an interview with property insider Nicole von Klencke

An interview with our collaborator Nicole von Klencke, owner-manager of Unusual Spaces in Berlin. She personally advises clients who seek high-end real estate tailored to their specific needs.

1.    What are your customers typically looking to buy?

Our customers want something special, so we offer only architecturally-interesting or exclusive properties with a fascinating history. Berlin’s 12 unique districts present a variety of urban character. Many clients want apartments in an exciting part of the city. For those looking for a family home, charming neighborhoods like Dahlem and Grunewald have a village atmosphere but are close to the city’s attractions. continue reading…

Movie Rental Paris Apartment

How to rent your Paris property as a movie location

Renting your apartment to a film company as a location or for a photo shoot can be rewarding. How do you go about it and what are the issues?

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Haussmanian Building 2

Haussmannian buildings: the signature architecture of Paris

The way Paris looks today owes much to Baron Georges-Eugène Haussmann, Prefect of the Seine in the mid-19th century. The long, straight boulevards, magnificent open spaces and elegant façades that are everyone’s image of modern Paris arose from the ashes of tortuous medieval alleyways and overcrowded slums. Few houses had running water and disease was rife.

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Ebenisterie Outside - Around Faustine's Desk

Around Faustine’s desk on the Rive Gauche: an interview with cabinetmakers in the rue de Verneuil

Next up in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil, is an interview with cabinetmakers Laura and Yvan at the Ebénisterie Tapisserie de la rue de Verneuil.

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European Union Regulations on Real Estate

European Union regulations on real estate inheritance as of August 17th 2015

Today, 21 million citizens of non-European Union (EU) countries live in a member state of the EU. Growing cross-border mobility and property ownership mean that beating a path through the jungle of inheritance law is becoming ever more necessary.

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Metro Paris Subway Station

Real estate prices in Paris by subway station

In central Paris you are rarely more than 500 meters (1/3 mile) from a métro (subway) station – it’s one of the densest subway systems in the world. Since using the subway is such a convenient way of getting around the city, closeness to a station is a factor influencing property prices.

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Stamp Duty - Paris

The voluntary increase in stamp duty on French real estate transactions remains applicable from March 1st 2014

Real estate transactions in France are subject to stamp duty, which the buyer pays. The rate is currently 5.09% of the price of the property and breaks down into:

  • A departmental (county) tax of 3.80%. Paris is classified as a county.
  • A communal (municipal) tax of 1.20%. Each arrondissement (district) of Paris counts as a municipality.
  • A national tax equal to 2.37% of the county tax. In other words, 0.09% of the total stamp duty.

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Le Cacaotier-Paris

Around Faustine’s desk on the Rive Gauche: luxury chocolate shop Le Cacaotier

Next up in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil, is an interview with master chocolate maker Hubert Masse of Le Cacaotier.

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Paris Notaires Prices Q2 2013

Paris real estate sales during the 3rd quarter of 2013

Paris notaires (officials who handle property transactions) recently issued figures for real estate sales during the 3rd quarter of 2013.

Real estate prices in Paris overall have seen a fall of 2.1% during the past 12 months but, in the 3rd quarter, they were slightly up on the same quarter in 2012. The average price for an existing property (as opposed to new construction) in Paris was 8,260 €/m2 – a 0.5% increase over the 3rd quarter of 2012.

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La Samaritaine - Rue de Rivoli, Paris

Paris’s iconic department store la Samaritaine undergoes redevelopment

La Samaritaine, one of Paris’s iconic landmarks, is to be reborn following an ambitious makeover project. The famous department store, first opened in 1870, is situated between the Pont Neuf and the rue de Rivoli, close to the Louvre Museum. The 1st arrondissement (district) is the city’s luxury shop window, with some sought-after addresses.

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Eiffel Tower-Paris

A piece of the Paris landscape goes under the hammer as Eiffel Tower steps are auctioned off

Ask anyone which monument most symbolizes Paris and the answer is almost certain to be the Eiffel Tower. Since its completion in 1889, the 1,063-foot ‘Iron Lady’ has dominated the skyline of the City of Light and drawn millions of visitors. Not everyone appreciated Gustave Eiffel’s masterpiece at the time but now it’s one of the world’s best-loved sights. continue reading…

Palais Royal-Paris-Lindsay McCallum

Occupied Paris property: a forthcoming movie ‘My Old Lady’ puts the spotlight on French real estate law

Shooting in Paris has recently finished for a new movie that delves into an aspect of French real estate law – property that is already occupied.

‘My Old Lady’ stars Kevin Kline as a penniless New Yorker who has inherited a valuable Paris apartment from his father. Arriving in Paris to take possession, he finds an elderly lady (Maggie Smith) and her daughter (Kristin Scott Thomas) occupying the apartment. Under French law, he must wait for the old lady to die before he can recover it – and pay her a monthly sum.

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Epicerie Générale

Around Faustine’s desk on the Rive Gauche: organic gourmet food shop l’Epicerie Générale

Next up in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil, is an interview with organic gourmet grocer Lucio Hornero.

Located at 43 rue de Verneuil in the 7th Arrondissement, l’Epicerie Générale, established in February 2011, offers the finest organic French fare from carefully-selected local producers. The selection reflects the owners’ passion for rustic, authentic food with a sound environmental track record and a minimal carbon footprint. This is gourmet with a conscience. continue reading…

Hotel de Sully

Tax relief on real estate sales in France: the latest on the capital gains regime

In August, we reported on the much-welcomed tax relief on real estate sales, which was immediately applied to any sale finalized after September 1, 2013. The changes were intended to offset the government’s wholesale revision of the capital gains tax laws in 2012, which had discouraged property owners from selling and thus significantly curbed the volume of sales. The new rules had a rapid effect on the market as sellers took advantage of the relief.

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Paris renovation and decoration stories from the front lines: an apartment in the Marais neighborhood

The first in a series by our colleague, real estate developer and designer Laura Sanders, who handles fractional ownership for Paris Property Group. In these posts, she tells us about buying her apartment in the Marais and the renovation challenges it posed.

After making the decision to raid your savings and buy an apartment in Paris, you simply move into your beautifully-decorated apartment and start your fabulous new Parisian life, right? continue reading…

Paris Property Group Office

Around Faustine’s desk on the Rive Gauche: when the dream becomes reality

Our office manager, Faustine Cressot, introduces a new series about the neighborhood around our office on rue de Verneuil with her view of Paris, her adopted home.

I am French but Paris is my second home too. I come from a small village in the French countryside, near the Swiss border. Nothing compares to the moment I first turned the key and opened the door into my own Parisian apartment. I have explored the city for the last four years from my home in the 3rd arrondissement (district), the historic Marais neighborhood. It is now full of foreign restaurants, trendy boutiques rubbing shoulders with mansions, and museums. The Marais also boasts some of the oldest surviving medieval architecture in Paris. continue reading…

Autumn in Paris

French real estate compared to other investment vehicles

In recent decades, bricks and mortar have proved the surest bet for a profitable investment over a 10-year period, according to a recent study. Real estate ranked ahead of shares in the CAC 40 (France’s top companies listing), gold and other favorite French investments, such as life insurance and the Livret A savings account. continue reading…

Institut de France

Developments in French property sales to non-residents

The average price per sale of French properties to non-residents increased by 5% in 2012 over 2011, although transaction volumes contracted. Non-residents have their main residence outside France and are liable for taxation in their country of residence. continue reading…

Paris Property Group

Who Owns Paris Real Estate?

If courtiers of the Sun King, Louis XIV, came back today they would be astonished at the changes time has wrought on the City of Light. Not only has the architectural face of Paris altered but real estate ownership has also been transformed. continue reading…

Paris Property Group

European Real Estate Trends: Foreign Investors Target Paris

The real estate market in Europe is experiencing significant variation by country in 2013. The good news is that, while France as a whole has seen a decline in residential property prices, Paris is attracting interest from non-European investors in particular this year  continue reading…

Paris Property Group

Russian, Chinese and Middle Eastern buyers give the French prestige property market a boost

Buyers from outside Europe – notably from Russia, China and the Middle East – are snapping up French luxury homes in the absence of European purchasers.

France is one of the most popular choices for property investors from Russia and the former Soviet republics, such as Ukraine and Belarus. Mostly business leaders, they typically spend between one and 10 million euros. The main hunting grounds are the Côte d’Azur (60 percent), Paris (30 percent) and chic Alpine resorts. continue reading…


How to reduce the cost of co-ownership charges in Paris

Apartment buildings are subject to shared co-ownership expenses (charges de copropriété). Co-owners in Paris pay on average 48.9 euros/m2 per year for a building with all of the amenities below. For a 50m2, this adds up to 2,445 euros per year. But it’s worth noting that many buildings do not have the full range of facilities. Moreover, there are many ways of keeping these costs under control. continue reading…

Musée d'Orsay

Real estate prices in Paris: a guided tour of the arrondissements

Following the trend throughout France, real estate prices are dipping slightly in almost every Paris arrondissement. This presents some great opportunities for buyers. Weekly news magazine l’Express questioned agents in each arrondissement to get their view of market trends. continue reading…


Odéon apartment for sale; 75006 Paris

This charming sunny one bedroom courtyard apartment in a 17th century building is nestled on a quiet street in the Odéon area of Paris’ most highly prized district, the 6th arrondissement.   A row of tall windows in the living room and bedroom look out on the greenery in the quiet vine covered cobblestone courtyard, giving the impression of being in the countryside while in the heart of Paris.

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Mont-Cenis apartment for sale in Paris

Montmartre apartment for sale in Paris; 75018

This 57 m2 one bedroom apartment located on the 3rd floor without elevator of a 20th century building is in the charming and village-like Lamarck-Caulaincourt area of Montmartre, a stone’s throw from the buzzing and popular area of the Sacré Coeur. More private, protected and authentic, this neighborhood offers a multitude of trendy bars, family restaurants independent shops, butchers, bakeries and grocery stores.

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France Leads Real Estate Market

France Leads European Real Estate

Financial regulators and rating agencies have named France the strongest real estate market in Europe.  According to reports by the Joint Forum and Standard & Poor’s, that strength is primarily due to two French banking trends in particular: a large number of secured loans, and strict lending criteria.

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12 ft. ceilings, living room

Grand Haussmannian apartment for sale in Paris; 75012

This elegant 4 bedroom Haussmanian corner apartment with high ceilings (12 ft.) overlooks the bell tower of the newly renovated Gare de Lyon in Paris’ 12th arrondissement.

On the first floor with elevator of a well maintained 19th century building with concierge, a wide gallery runs the length of the apartment.  The spacious living room faces south and west.  The separate dining room faces south and is adjacent to the eat-in kitchen that has been fully renovated with high quality equipment, cabinetry and marble countertops.  continue reading…

Capital Gain Tax

Tax relief on real estate sales in France: proposed changes seek to boost market volume

President Hollande has made good on his promise to pull back on the dramatic increases in taxes imposed on property sales in France over the last two years.  In releasing the details of the new plan, Budget Minister Bernard Cazeneuve cited the “perverse effects of the current system,” specifically the significant decrease in the volume of sales since changes in the law were realized in 2012.  The changes are important, and set to be implemented as of September 1, 2013.

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Paris Purchasing Power Up

According to the 1st quarter 2013 results of real estate barometer Capacim, purchasing power continues to rise for households throughout Ile de France. Over half (53.7%) of them are in the position to purchase a home in one of the principal communities in the department; one-third (33.4%) could purchase that home in Paris.

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Paris Turning Green

Paris Turning Green With … Plants

The city of Paris and the Paris Region Lab have announced the selection of 30 projects that the city will fund under the Vegetation Innovations Initiative launched in March of this year. The Paris Region Lab is an association created by the city of Paris, whose mission is to promote creative and innovative public and private initiatives in Paris.

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St. Ferdinand apartment for sale in Paris; 75017

This quiet sunny two bedroom apartment on the 3rd floor with elevator of a 19th century classic cut stone building is located between the Porte Maillot and the charming place St. Ferdinand in the 17th arrondissement.  It benefits from principally western exposure and its position overlooking courtyards on each side provides a haven in this bustling neighborhood.

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Marais apartment for sale in Paris; rue Charlot, 75003

This upper Marais property benefits from its privileged position on one of the most sought after streets in the up and coming “Enfants-Rouge” neighborhood.  It is this quiet patch North of rue de Bretagne, between the Marais and République, where rue Charlot is becoming more “bohemian chic” than at its origins South of rue de Bretagne. This is mainly thanks to the popularity of the “Square du Temple”, which is just about to be rehabilitated, and the large number of young, trendy and alternative restaurants, shops and galleries that are popping up all over this charming village-like neighborhood. continue reading…


Carré des Antiquaires apartment for sale in Paris: rue de Verneuil, 75007

This quiet sunny fully renovated one bedroom apartment, located in the heart of one of the most sought after areas in Paris, the historic Carré des Antiquaires in the 7th arrondissement, is on the 4th floor without elevator of a 19th century building that overlooks a cobblestone courtyard. continue reading…

View Studio Apartment - rue de l'Université

Studio apartment with view for sale in Paris: Rue de l’Université, 75007

This charming Left Bank studio apartment on the top floor without elevator of an elegant stone and brick 1900 era building has a panoramic view and no vis à vis.  It overlooks the Seine, the Right Bank, period buildings and a former private mansion, now an embassy, and its lush gardens.

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France Selling State-Owned Properties

France to continue its energetic sales of state-owned property

Speaking to French weekly Les Echos on Wednesday, Budget Minister Bernard Cazeneuve expressed his hope to continue the strong pace of sales of state-owned property for the coming three years. 547 million euros in revenue from such sales was realized in 2012. “Between 2007 and 2011, the state realized about 4 billion euros in sales. This program has contributed about 15% of the debt reduction” that France has realized in the last years as we already explained in March 2012.

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Ask Miranda : Can the co-owners prevent me from renting out my maid’s room ?


I have recently bought an apartment that included a chambre de bonne, with the intention of renting that out separately. The room has its own toilet and shower, and  from what I understood about city regulations, was large enough to be rented out for residential use. But when I was showing it to interested renters, one of my neighbors told me that the co-owners had voted several years ago to include a clause in the building rules forbidding the top floor maid’s rooms from being rented out separately (nearly all the owners in the building have one). Is this a valid restriction? Is there anything I can do to overturn that?

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Bells are ringing in tune on the Ile de la Cité in Paris

As part of the jubilee celebration of the 850th anniversary of Paris’ Notre Dame de Paris, nine new bells were installed to replace four dilapidated bells in the renowned cathedral in the heart of the city. The new bells first rang on March 23rd, in time for Palm Sunday and Easter week. The sound of the new bells is impressive. continue reading…

Seine sepia

Let’s make a deal (in Paris)

It may have snowed in Paris on March 12th, but the Paris real estate market is ready for its annual spring takeoff. Where do things stand for the interested buyer? continue reading…

Concorde Hotel scooped up by Qatari investors

Qatari investors scoop up landmark hotels in Paris, the largest sale of its kind in Europe since 2011

The Concorde luxury hotels portfolio  – including the luxurious Hôtel du Louvre and Concorde Lafayette Hotel in Paris, sold to Constellation Hotels France, a Middle East-based investor with global hotel holdings. Jones Lang LaSalle Hotels represented the seller, Groupe du Louvre, a subsidiary of Starwood Capital. Starwood acquired the hotels as part of its takeover of Taittinger, in 2005. The company had been looking for a buyer for the past several years. Although the exact figure was not released, sources close to the deal reveal that the purchase price was between €700 and €750 million, the largest sale of its kind in Europe since 2011.

Eiffel Tower view from Dalida's Montmartre flat for sale

Luxury Paris apartment for sale in Dalida’s former Montmartre mansion

Perched high on a hill overlooking Paris in the highly prized Butte Montmartre neighborhood of the 18th arrondissement, a top floor duplex in Dalida’s former Montmartre home is currently on the market.

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European real estate market heats up

European real estate market expected to heat up in 2013

The climate is looking more favorable for real estate investment in Europe with many viewing the Eurozone debt crisis as a potential stimulus for activity, a new survey from Ernst & Young shows.  Both volumes and transaction size in 2013 are likely to exceed levels seen in 2012.

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Capital gains tax increased on second home sales in France

Within weeks of proposing a temporary 20% reduction in capital gains tax on second home sales in France the government has reversed course, increasing the tax on large gains instead.  Of course tax rates on long term capital gains are likely to change before today’s buyers need ever worry about them, but for the moment non-EU owners of second homes could be on the hook for taxes of over 50% on capital gains if they sell. continue reading…


Paris real estate market outlook for 2013

A buyers market this spring, but a stronger second half predicted., the notaires of Paris, and an article in Direct Matin yesterday, all have come out with their assessments of what transpired in the Paris real estate market during 2012 and what is predicted for 2013.  The market was relatively frozen during the fall of 2012 as buyers hoped for falling prices and sellers hoped to maintain the record pricing levels achieved at the end of 2011.   Since the beginning of the new year, however, the market seems more fluid and prices are decreasing somewhat.  This increased flexibility is expected to yield higher sales volumes and a stronger market later this year.

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French mortgage rates fall to new low

French Mortgage rates fall to new low of 3.31%

French mortgage rates are starting to spell good news for borrowers, dropping to 3.31% in November.  We could see a new record low if this trend continues.

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Hollande budget cuts: Will the city of lights go dark?

French President, Hollande, has apparently ordered all French shops, offices and public buildings to extinguish their nightlights between 1 a.m. and 7 a.m. as of July 2013, causing businesses dependent on tourists to wonder if the city is being penny-wise and pound-foolish with these cost cutting measures. continue reading…

Paris Property Group featured in Le Style Magazine

Paris Property Group explains who is buying in Paris, and why, in the Winter issue of Le Style Magazine

Paris Property Group was featured in the December issue of Le Style magazine.   Find out who’s buying, where they’re buying and why… continue reading…

Capital Gains Tax in France

Ask Miranda: Capital gains tax for non-resident second home owners in France – what’s the latest?

Question:  A client in process of buying a place in Paris just asked us to update him on the current status of capital gains tax in France.   Miranda says preparation can be key to minimizing tax. continue reading…

Real Estate Paris

Real Estate Purchasing Power Improves in Paris

Parisian homebuyers will be pleased to know their purchasing power is on the rise.  The results of a study show that buyers are able to afford larger properties for the price in Paris and its inner suburbs, as well as in Lille, Lyon and Bordeaux.  The size of property a Parisian household can acquire with €1,000 per month on a 20-year term has risen to 26.4 m2, a 4.6% increase from the beginning of the year. continue reading…

Exploring the secret world under Paris

Imagine descending into a labyrinth underneath Paris via a manhole cover just next to the Arc de Triomphe, in the dead of night, to meet up with your buddies to dance, participate in a theatre production, or finish a mural that has been months in the making…That’s the secret life of the Parisian underground societies.  It’s a world most never get to see.

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Rue Mahler fractional ownership paris real estate investment

Paris fractional ownership property for sale in the Marais

One of our most sought-after fractional ownership properties located in the heart of the Marais now has one last share available. The 800 square foot (75 m2) apartment consists of two bedrooms, a gorgeous dine-in kitchen, beautiful interior décor, and most importantly- a sunny terrace in the back overlooking green space. A rare gem in Paris.

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Investing in Paris real estate, an agent's perspective.

Buying an apartment in Paris, an agent’s perspective

Jen Angotti, a licensed Virginia real estate agent, interviewed PPG founder Miranda Bothe about the ins and outs of investing in Paris real estate. This post was featured on her blog Concrete Jungle DC.  

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Paris real estate power

Paris real estate sales: revenues up and prices stable; metro project may benefit

The Council of Notaires releases its 2013 housing price projections and the UMP political party has some ideas on how Paris should spend the increased revenues generated from property transfer taxes. continue reading…


Paris real estate development projects 2013

Paris is known for its Haussmannian style apartment buildings, classic crown moldings and generally small living quarters.  In the next year, this perception may change, as Paris sees the completion of over 30 brand new real estate developments. From total building refurbishments, to demolition and modern apartment construction, we have compiled the crème de la crème when it comes to new real estate developments in Paris.

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No Skyscraper

Opinion: No skyscrapers on the periphery of Paris!

Paris is presently at a crossroads that, if unchecked, will ripple through the city for years to come with detrimental effect, says Leonard Pitt.  High-rise projects are planned for the 13th, 15th and 17th arrondissements, as well as La Defense, and he is committed to stopping this from happening.

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Peniche patio

Unique Paris real estate: Live on the Seine in your own péniche

What could be better than living on a boat?  What about living on a boat in Paris?  This gorgeous, 220m2 houseboat or péniche offers the opportunity to watch life go by on the Seine river from your own terrace. continue reading…

Hermitage Towers seine

Paris plans Europe’s tallest skyscrapers in La Défense

With plans to build the Hermitage Plaza towers in Paris’ La Défense business district, Paris will soon trump London as home to Europe’s tallest building.  Each of the two skyscrapers, towering in at 320-meters-tall, was designed by continue reading…

Image by Architectural Digest, Interior design by Penny Drue Baird

Give your Paris apartment a make-over with 10 fresh ideas from Penny Drue Baird

Ever wonder how top designers can make a space feel wonderful with just a few touches here and there?   Luckily for us,  internationally known interior designer Penny Drue Baird shares with us her tips for simple ways to revive your living space. These tips are the perfect way to make an old space feel new, no matter where in the world you live.

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Foreign Buyers

Paris Real Estate: Foreign buyers account for 40% of Paris property investment in 2012

According to a new report by real estate advisor Savills, foreign investors were responsible for 40% of real estate investment during the first 3 quarters of this year, up from 30% in the same period of last year. While Middle Eastern funds were dominant with 15% of all transactions, investment from Chinese, Swiss,  Swedish and Dutch investors also grew strongly during the period. In fact, Germans were the only ones pulling back from France, having made 8.5% of the investment in the first 3 quarters of 2011 they accounted for only 3% this year.

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Luxury apartment with incredible terrace for sale in Paris’ 16th arrondissement

Located not far from the Bois de Boulogne and Jardin de Ranelagh in Paris’ 16th arrondissement, this one bedroom Paris apartment boasts a very rare 90m2 terrace and beautiful sunlit rooms. The 88m2 apartment is in a modern building, and is close to many of the neighborhood’s charming shops and markets.

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paris paris paris

Ask Miranda: How long must I be a resident of France to escape capital gains on the sale of my home?

Question:  I own an apartment in Paris.  I am a US citizen.  I want to become a permanent resident in France.  Once I achieve residency, if I sell my apartment to purchase another apartment (bigger), do I pay capital gains tax? Is there a minimum time for the residency requirement?

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cole porter home paris

Paris Luxury Property: Cole Porter’s private Parisian home for sale

Over the last three centuries, this private mansion tucked away on Paris’ left bank has been the home of aristocrats, royals, and playwrights alike – and has been most recently owned by Cole Porter.  Since his death in 1997, Cole Porter’s family has decided to sell the 10-bed, 6-bath home in Paris  (766 m2 / 8245 sq ft) for €40M.

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Paris real estate capital gains?  Wait for next year?

Ask Miranda: Should we take an offer on our apartment now, or wait until 2013 for a reduced capital gains tax?

Is there any chance that if we stall on selling till 2013 that we can pay a reduced rate on capital gains tax? We have owned the property since 2008 and have spent a lot renovating it, but we do have an offer on the table now?

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Paris Real Estate Prices set new record

Paris Real Estate Prices: Paris sets a new record

The average price of existing homes in Paris reached a record €8,440 per square meter between June and August 2012(+1.2% in three months; +1.7% over one year). The figures were continue reading…


Luxury Paris apartment for sale in Saint Germain des Pres (6th arrondissement)

The owners of this fabulous apartment in Paris looked for two long years, living full time in Paris, before landing this apartment in an outstanding historic building dating from the 17th century.   Originally, all the rooms opened one into another through connecting doors aligned near the windows, with no hallways, the way buildings of that period were designed.

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living room main

Paris luxury apartment for sale: Rue Desaix, 75015

On the garden level (up 3 steps) of a beautiful 1900 building, this classic family apartment is flawless.  The building is enhanced by impeccable common areas maintained by a concierge. continue reading…

Best boutique hotels in Paris France

10 (+1) of the best boutique hotels in Paris

We often get requests for Paris hotel recommendations, particularly from clients coming to Paris on their real estate shopping trip. In an article last year, our friend and Paris blogger Heather Stimmler-Hall scouted out her picks for 10 of the best boutique hotels on the Left Bank – that won’t break the bank. To round out her list, we add our personal choice of the best boutique hotel in all of Paris (river bank and piggy bank aside).

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Champs-Elysées Real Estate Paris

Real estate prices in Paris France: An overview by arrondissement

Sales volume – meaning the number of real estate transactions – are down 20% in 2012 as compared with 2011. Although the best properties still sell quickly and at or near asking price, it has meant that Paris real estate buyers are getting some breathing room to separate the wheat from the chafe. “The market is moving at two speeds: prices for perfect well-located apartments remain stable, while those with undesirable features have lost 5 to 10%,” explains Jean-François of Milin Orpi of Felix Faure.  Here is a closer look, arrondissement by arrondissement, at real estate prices in Paris France.

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Paris Who is Buying

Paris Real Estate: Who is buying?

In 2011, the most recent year with statistics available, just over half of the apartments sold in Paris were bought by unmarried individuals. A quarter of the sales went to continue reading…

Taxes in France, Changes may benefit foreigners

Taxes in France: Changes benefit foreign buyers, cause French to flee

The French press is abuzz with stories about 1+ million euro properties hitting the Paris real estate market in recent weeks as a result of looming tax-hikes.  What does this mean for the non-resident Paris lover ready to invest in a Paris pied-a-terre?  Could it be a short-term buying opportunity? Paris Property Group takes a look at the silver lining for foreign buyers.

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Paris real estate luring foreign buyers

French real estate luring foreign buyers

The French property market has been a good investment for many foreign buyers over the last year with prices of flats and houses rising in the most sought after areas.  Prices in the Paris region have risen by between 3.8% and 6.2% for houses and flats, according to data release by government controlled Notaires de France. continue reading…