This Paris Life

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

The City plans to restore the 20-hectare garden along the Champs-Elysées.   Rough and sometimes muddy sidewalks, seemingly forgotten green spaces… tourists are the first to say that the Champs-Élysées gardens are a poor reflection on “the most beautiful avenue in the world”. An ambitious project After it was announced that more “urban forests” – […]

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As of June 8th, cigarettes have been banned in 10% of the capital’s parks and gardens.  Offenders could be liable to a €38 fine.   Smoking is now prohibited in fifty-two of Paris’s parks and gardens, or about 10% of the capital’s green spaces.  The ban was put in place on June 8th after trial […]

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The City of Paris has launched an initiative to increase vegetation and greenery in the heart of the capital.  The Mayor of Paris plans to create rue végétales in each arrondissement, allowing nature to reassert itself within our tarmac-heavy capital.   Pedestrian-only streets The streets and small passages chosen are pedestrian-friendly and often have eco-friendly transportation […]

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It’s good to be an entrepreneur in France when you’re a woman, and particularly in Paris.  Such is revealed in the 2019 edition of the “Women Entrepreneur Cities Index” published by Dell and IHS Markit each year.   For the first time ever, Paris has made the top 10 list of the world’s most welcoming […]

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Markets contribute to a city’s identity, and Paris is no exception.  Parisians are attached to the market-going legacy of old Paris and to this day markets remain a place of lively exchange at the heart of city life.  Paris is currently home to 82 markets, with the oldest one in operation since 1615!  From the […]

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From place de la Bastille and Nation to the banks of the Seine, by the end of 2019, pedestrians and bikes will have taken over a large part of the roadway, to the detriment of cars. It’s no longer a surprise to anyone: the Mayor of Paris, Anne Hidalgo, and her team have made the […]

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Falling interest rates have succeeded in offsetting a rise in prices, even in large cities where housing is becoming increasingly expensive.   Who would have thought? While prices continue to rise, purchasing power in France has never been higher, at least not since 2002, according to the National Federation of Real Estate (Fnaim). Buyers can […]

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Up 10.6% over the first six months of 2019, the French luxury real estate market grew 10 times faster than the traditional market.   Although the sun has been shining on the French real estate market over the past three years, the luxury market is where things are truly heating up. Over the first 6 […]

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As of July 1st, the reintroduction of rent caps has taken effect in an attempt to curb the increased cost of living in the capital.   As in other major European cities, real estate prices in Paris are on the up and up.  It is estimated that the price of rent in Paris has increased […]

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On June 25th, the City of Paris unveiled 20 ways that it will use the Olympic and Paralympic Games to benefit Parisian residents, reflecting the city’s ambition to create a more egalitarian, sustainable, beautiful, civically-engaged, and sports-focused city by 2024.  This action plan also demonstrates the city’s ongoing commitment to prioritizing the long-term effects of […]

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