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 […]

I’m planning to sell my Paris apartment, which I bought in mid-2007. The deed of sale had a number of diagnostic reports attached. Which of these do I have to have redone, what paperwork do I need to supply and who pays for it all – me or the buyer?

We have reported regularly on the changing capital gains tax landscape in France. Read our latest update here. The capital gain is the difference between the price you pay for a property that is not your primary residence and the price you get when you sell it. However, there is a range of expenses, prescribed […]

France may have led the way in imposing capital gains tax (CGT) on sales of second homes but the UK is now following suit.