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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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 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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rent or buy Flickr : Taxrebate.org.uk

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 Meilleurtaux.com has delved into the tricky matter of whether to buy a property rather than continuing to rent, and if so, where? 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…

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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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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 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…