This grand 4 bed, 3 bath, is well located in the Notre-Dame-des-Champs neighborhood, between the Luxembourg gardens and Saint-Placide.
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.
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 “Real estate prices in Paris: a guided tour of the arrondissements” »
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.
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.
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.
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 “Grand Haussmannian apartment for sale in Paris; 75012” »
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.
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.
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.