Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
A study released by The Move Channel shows that the majority of French property searches online are focused on the Southern region of Provence, the Alps, and Côte d’Azur. This may come as a surprise to most, but the region has many beautiful features, perfect for a vacation home.
A historic building, part of the gorgeous Palais Royal in Paris’ 1st Arrondissement, that dates back to the times of Cardinal Richelieu in 1629, was recently renovated by New Yorker Amanda Sykes. After convincing the French bank who has owned the building for years and years that she could rent the apartment and oversee the […]
High end real estate has taken off after the financial crisis of 2010 in cities like Paris, London, and New York. Prices rose 20% in Paris between January 2010 and January 2011, according to Nestoria. But how is this so when the economic outlook is so dark? The answer is massive foreign investment.
An interesting look at who owns investment property that is rented out short term in France and who their renters are. Perhaps unsurprisingly over 80% of all short term rental apartments are owned by French, followed by Italian, American and Swiss owners.
A new law enacted July 2011 significantly alters existing tax and trust rules in France. The new law affects the wealth tax, gifts and inheritances and trusts beginning in 2012, and in some cases is applied retroactively. Tax will now be imposed on all wealth in France over
Despite his threat to vigorously prosecute and end short-term rentals in Paris, to date Mayor Delanoë’s office has done little more than cause a scare. Capital magazine, a Paris-based monthly, interviews Jean-Marc Agnes, President of the Association of Professionals Holiday Rentals (APLM), to get the latest
In France, no capital gains tax is paid on the sale of a primary residence. However for second homeowners big changes are looming.
The allure of living in a Paris pied-à-terre for a week or month, and paying much less than for a hotel room, has created strong demand for vacation rentals in Paris. But its growing popularity has raised the ire of hotels and residential property owners.
One hundred years ago, a 19-year-old artist named Picasso settled into an atelier along the cobblestone streets of the 18th arrondissement in Paris. Today, Picasso’s first Montmartre workshop has been converted into an apartment and is now on the market for €1,500,000.