Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Following the trend throughout France, real estate prices are dipping slightly in almost every Paris arrondissement. This presents some great opportunities for buyers. Weekly news magazine l’Express questioned agents in each arrondissement to get their view of market trends.
Financial regulators and rating agencies have named France the strongest real estate market in Europe. According to reports by the Joint Forum and Standard & Poor’s, that strength is primarily due to two French banking trends in particular: a large number of secured loans, and strict lending criteria.
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 […]
According to the 1st quarter 2013 results of real estate barometer Capacim, purchasing power continues to rise for households throughout Ile de France. Over half (53.7%) of them are in the position to purchase a home in one of the principal communities in the department; one-third (33.4%) could purchase that home in Paris.
Question: I have recently bought an apartment that included a chambre de bonne, with the intention of renting that out separately. The room has its own toilet and shower, and from what I understood about city regulations, was large enough to be rented out for residential use. But when I was showing it to interested […]
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 […]
Question: A client in process of buying a place in Paris just asked us to update him on the current status of capital gains tax in France. Miranda says preparation can be key to minimizing tax.
Jen Angotti, a licensed Virginia real estate agent, interviewed PPG founder Miranda Bothe about the ins and outs of investing in Paris real estate. This post was featured on her blog Concrete Jungle DC.