Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
In another significant step intended to invigorate the city, Paris Mayor Anne Hidalgo has pledged to transform 250,000 square meters (m²) of Paris offices into residential housing by the year 2020.
If there’s a downfall to building a city slowly over 2000 years, it’s that nobody thought to reserve the space for a large park in the city center. Unlike the center stage enjoyed by Manhattan’s Central Park or Berlin’s Tiergarten, Paris’ biggest and best parks are, by contrast, at the fringes of the city. But […]
The Montparnasse neighborhood of Paris will undergo a major transformation by 2020, by way of a series of major urban renewal projects slated to begin early next year. ‘We need to re-humanize the face of the neighborhood,’ said Jean-Louis Missika, the deputy mayor in charge of urban planning
Imagine the high-rise buildings of Paris clothed with trees and gardens, transforming the city into a green landscape. This is the idea outlined in a recently published study, Paris Smart City 2050.
Since August 2012, non-residents who sell a property in France, or derive income from property rentals, have had to pay social charges totaling 15.5% on the net capital gain or the income. A recent judgment by the European Court of Justice (ECJ) has overturned this rule.
During 2014, the number of sales of apartments in period buildings in Paris increased by 2% compared to 2013, but real estate prices decreased by 2.1%. These are the conclusions of the quarterly report for the 4th quarter of 2014 issued by the notaires, officials who handle property transactions in France.
Marilyn Benichou, Senior Counsel of Paris law firm De Gaulle, Fleurance & Associés explains some changes to French regulations about capital gains tax that apply to non-residents. From January 1st 2015, the French government introduced a number of changes to the capital gains tax regime, by means of the revised Finance Law 2014 and the […]
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.
When César Ritz founded his palatial hotel in 1898, his vision was to offer “all the refinements that a prince could wish for his own home.” His wish came true. During its lifetime, many of the crowned heads of Europe have enjoyed the Ritz’s elegant luxury – hence the word “ritzy”.
The recently renovated white façade of the Tour Blanche (literally, the white tower) makes it one of La Défense’s more eye-catching buildings.