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Je suis Paris

The heartbreaking events from Friday evening in Paris were a shock for those of us close by, and frightening to watch unfold from afar. The Paris Property Group team is grateful for the worried texts, caring thoughts, and meaningful prayers that we received from our clients, partners, family and friends.

On Friday evening I was with Kathryn Brown – PPG’s client services director – first in the 7th arrondissement and then for dinner at her home in the 8th. The Elysee Palace, French ministries and courts, and numerous foreign embassies are in these neighborhoods, which make them two of the safest in the capital – or anywhere in Europe. In fact, it was the worried phone calls and texts from the US that first alerted us to the unfolding events. So close, but so far away from it all. continue reading…

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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…

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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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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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