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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 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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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 “An interview with Paris apartment rentals company Paris Perfect” »

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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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