Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Paris is about to inaugurate a rent cap, the first of its kind in France. For many real estate professionals, the imminent change raises serious concerns that investors will be discouraged and the market will destabilize. There is also the sense that, good intentions aside, the law will hurt the very people it was intended […]
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.
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.
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.
This bright and inviting two-bedroom duplex sits in the roof of an 18th century building on rue de Varenne. On the downstairs floor, the living room, library, dining room and kitchen share lovely light, and a balcony, which spans the front of the building. A center staircase leads upstairs to a large master bedroom suite, […]
The national average rate for residential occupancy tax (taxe d’habitation) payable on property in France has crept up 19% over ten years, according to an analysis based on official figures from the tax office/INSEE and published by Home’n’go. The French taxe d’habitation is equivalent to a residence tax and is paid by the person or household unit living in […]
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.
The market in the greater Paris Île-de-France area has seen prices fall a slight 0.4% during the first quarter of 2015 versus the previous quarter, according to the official quarterly figures published by INSEE/Notaires de France on May 28. The average price over the past twelve months has gone down by 2.1 percent.
In an unprecedented move, Parisian officials swept through 98 buildings and visited 1868 apartments over three days in the French capital that they suspected of being illegally rented out short term to tourists.
Figures published on May 21, 2015 by L’Observatoire de la Fédération des Promoteurs Immobiliers de France (FPI), show an increase in sales of 10.4% for the first quarter of 2015 for the new build real estate sector in France, compared to the same period in 2014.