President Hollande has made good on his promise to pull back on the dramatic increases in taxes imposed on property sales in France over the last two years.  In releasing the details of the new plan, Budget Minister Bernard Cazeneuve cited the “perverse effects of the current system,” specifically the significant decrease in the volume […]

The city of Paris and the Paris Region Lab have announced the selection of 30 projects that the city will fund under the Vegetation Innovations Initiative launched in March of this year. The Paris Region Lab is an association created by the city of Paris, whose mission is to promote creative and innovative public and private […]

Speaking to French weekly Les Echos on Wednesday, Budget Minister Bernard Cazeneuve expressed his hope to continue the strong pace of sales of state-owned property for the coming three years. 547 million euros in revenue from such sales was realized in 2012. “Between 2007 and 2011, the state realized about 4 billion euros in sales. […]

It may have snowed in Paris on March 12th, but the Paris real estate market is ready for its annual spring takeoff. Where do things stand for the interested buyer?

The Concorde luxury hotels portfolio  – including the luxurious Hôtel du Louvre and Concorde Lafayette Hotel in Paris, sold to Constellation Hotels France, a Middle East-based investor with global hotel holdings. Jones Lang LaSalle Hotels represented the seller, Groupe du Louvre, a subsidiary of Starwood Capital. Starwood acquired the hotels as part of its takeover […]

Perched high on a hill overlooking Paris in the highly prized Butte Montmartre neighborhood of the 18th arrondissement, a top floor duplex in Dalida’s former Montmartre home is currently on the market.

The climate is looking more favorable for real estate investment in Europe with many viewing the Eurozone debt crisis as a potential stimulus for activity, a new survey from Ernst & Young shows.  Both volumes and transaction size in 2013 are likely to exceed levels seen in 2012.

Within weeks of proposing a temporary 20% reduction in capital gains tax on second home sales in France the government has reversed course, increasing the tax on large gains instead.  Of course tax rates on long term capital gains are likely to change before today’s buyers need ever worry about them, but for the moment […]

A buyers market this spring, but a stronger second half predicted.  MeilleursAgents.com, the notaires of Paris, and an article in Direct Matin yesterday, all have come out with their assessments of what transpired in the Paris real estate market during 2012 and what is predicted for 2013.  The market was relatively frozen during the fall […]

French mortgage rates are starting to spell good news for borrowers, dropping to 3.31% in November.  We could see a new record low if this trend continues.