paris building and eiffel tower sunset- Buying smart: navigating the debate on short-term rental apartments in Paris

Buying smart: navigating the debate on short-term rental apartments in Paris

Mayor Delanoë continues to press his position that rentals of under one year (9 months to students) are unlawful unless the apartment in question has “commercial”, rather than “residential”, status. Like minds disagree as to whether this position is correct and sustainable in the courts, but either way there are some things that can be done to avoid problems.

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Paris pedestrianisation plan- Paris giving the Seine back to the people with pedestrian walkways

Paris giving the Seine back to the people with pedestrian walkways

There are quite a few changes coming to the banks of the Seine river in upcoming years, including one that will transform the highway along the right and left banks into pedestrian walkways. Continue reading “Paris giving the Seine back to the people with pedestrian walkways” »

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Wealthy French fleeing tax hikes are offset by foreign investors buying luxury properties in Paris

Wealthy French fleeing tax hikes are offset by foreign investors buying luxury properties in Paris

President Hollande’s proposed income and wealth tax changes have caused at least some wealthy French residents to start looking for greener pastures with less burdensome taxes.

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Outlook for Commercial Real Estate in Paris Looks Strong Through 2012

The last ten years have seen tremendous market growth in Paris, both in commercial and residential real estate. At the nadir of the market turmoil in 2008-2009, the greatest impact on Paris real estate Continue reading “Outlook for Commercial Real Estate in Paris Looks Strong Through 2012” »

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Paris Ranked Best in 2012 Urban Land Institute Investor Survey for Real Estate Investment in Europe,

Paris Ranked Best in 2012 Urban Land Institute Investor Survey for Real Estate Investment in Europe

Paris is the sixth-most-favoured market overall, and its retail, office, and hotel sectors are highly rated by investors looking for acquisitions. Investors reported that Paris and London offered the best opportunities in 2012. “The market has scale, liquidity, a reasonably protected legal framework, and a diverse range of tenants.” Continue reading “Paris Ranked Best in 2012 Urban Land Institute Investor Survey for Real Estate Investment in Europe” »

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French Socialist Party (PS) presidential candidate Francois Hollande delivers a speech to supporters after winning the second round of the French presidential elections

What Can the Paris Real Estate Market Expect With Hollande as President?

With François Hollande as President, the first Socialist President elected since Mitterand, many are wondering how this will affect property values and taxes, as well as what other changes might be in store.

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paris_eiffel_tower_skyline Where are international property buyers coming from?

Where are international property buyers coming from?

Take a look at these interesting numbers that break down from which countries international buyers are coming: Continue reading “Where are international property buyers coming from?” »

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Capital Gains Tax Imposed on Foreign Property Sellers in France May Violate International Tax Treaties

Capital Gains Tax Imposed on Foreign Property Sellers in France May Violate International Tax Treaties

The higher rate of capital gains tax imposed on those who live outside of Europe’s borders is coming under important legal scrutiny.  Non-resident owners of French property are liable for capital gains tax in France upon sale.  They may also be liable in their home country, but in most cases bilateral tax treaties will France provide relief for the tax paid in France.

Continue reading “Capital Gains Tax Imposed on Foreign Property Sellers in France May Violate International Tax Treaties” »

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luxury living room

Demand for High End Property In Paris Continues to Climb

The eurozone crisis isn’t fazing international property buyers in Paris.  In fact, in the second half of 2011, the Paris real estate market posted the highest sales numbers of all European countries, according to a report by CBRE.

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Paris Real Estate Prices Up 1% in March After a Slight Decline

Paris real estate prices went up 1% in March after several months slightly down according to MeilleursAgents.com.  Prices are up in much of the area surrounding Paris as well. Continue reading “Paris Real Estate Prices Up 1% in March After a Slight Decline” »

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