The time frame to decide whether to go forward with buying a property in France after signing a promesse de vente, or preliminary contract, has been extended from 7 to 10 days under the Loi Macron. As of August 8th, residential real estate buyers in France will have 10 days after signing the initial purchase agreement to […]

Routinely included in real estate deals in the United States, title insurance has only recently emerged in France, and only under limited circumstances. 

An EU-wide regulation, passed by the European Parliament in July 2012 with effect from August 2015, will result in a drastic and welcome change to the inheritance rules governing real estate in France, for both residents and non-residents alike. Our summary follows.

Question: I am thinking of buying a property in Paris and am considering taking out a mortgage to do so. How do I go about this? French mortgage rates have never been so low, but they may not remain so for very much longer. If you are considering a mortgage, it makes sense to contact […]

Buying a luxury apartment is a major investment. So you want to be sure you have all the information about it at your fingertips before you visit – and certainly before you buy.

Continuing our series of collaborator interviews, Elyse and Stephen Gutman of the Corcoran Group tell us about the luxury real estate market in New York City. 1. Please give us a brief bio of your agency. The Corcoran Group was founded in 1973, as the market in New York City was transformed from a mainly […]

Парис Проперти Груп, это агенство недвижимости, предлагающее полный спектр сервиса в Париже, Франция, объявляет о создании на своем сайте рубрики «Лучшее в Париже» и своих новых Интерактивных инструментах. «Лучшее в Париже» – это интерактивный гид по Парижу, в то время как страница «Рынок ресурсов» представляет постоянно обновляющуюся подборку показателей рынка недвижимости Парижа и другие сведения, […]

The French Société Civile Immobilière (SCI) is a popular vehicle for purchasing real estate in France. Paris-based firm Pech de Laclause, Bathmanabane & Associés gives an overview of this structure and discusses some of the pros and cons. What is an SCI and when is it a suitable vehicle for buying and managing French property?

Question: I am purchasing an apartment in Paris. I am being charged on top of the purchase price for the refrigerator, stove, oven, dishwasher etc. Is this normal?  Normally, appliances and/or furniture are not included in the sale of an apartment. However, you can agree with the seller to buy them along with the property.

Question: In a French property transaction, who pays the selling agency’s fee, the buyer or the seller, and is it negotiable? Standard practice in France is that the selling agency’s fees normally amount to around 5% of the purchase price of the property. The fees are agreed between the seller and the real estate agent […]