This Paris Life

Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris

Property owners who spend less than 184 days a year in France and do not pay income taxes in France are considered “non-resident.” Non-resident owners are expected to:

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Prior to the signing of the final purchase agreement, the notaire will send the buyer a completion statement

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The essential purchase process is divided into two stages.  First, the purchase is formalized by a preliminary contract that may be prepared by a notaire – a promesse de vente – or by an estate agent or privately between the parties – a compromis de vente. In either case, the seller is obligated to sell […]

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Agency fees are included in the advertised listing price for a property. Listing fees are ordinarily about 5%. The purchase can be structured

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Property purchase in France requires the seller to provide to the buyer the results of 6 required diagnostic examinations of the property:

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You’d like to buy property in Paris, but you’re not sure whether it’s also the right investment property. For many buyers, particularly in the most coveted neighborhoods, short-term rentals provide great income to offset costs and expenses. It’s important to understand what the key components are that create lasting value.

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The assemblée générale de copropriété is the annual business meeting of the co-owners association in a building. The meeting is called by the building management company, or syndic, who also presides over the meeting.

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There is no capital gains tax on the sale of a primary residence in France. For a secondary residence owned either individually or through an SCI, the amount of capital gains owed at the time of sale is determined by

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A compromis de vente is a mutual obligation of the buyer (to buy) and the seller (to sell). Literally translating as “a promise to sell,” the promesse de vente is a unilateral obligation to sell. There are two substantial drawbacks to a compromis de vente:

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Whether the parties sign a compromis de vente or a promesse de vente, the preliminary contract will always contain the following terms:

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