What could be better than enjoying the outdoor weather perched on the rooftops of Paris, a cocktail in hand?   Roof As its name suggests, we are on a rooftop of Paris, and not just any: that of the former Louvre post office. In the heart of the capital, a huge rooftop with close views […]

Seven years after Kerstin Bachmann rebranded Pernelle Real Estate and launched 56Paris with funds, clients, and intellectual property generated by Paris Property Group founder Miranda Junowicz-Bothe and her company, a federal appeals court in Paris ordered 56Paris to return the ill-gotten funds and assessed punitive damages for its “brutal” breach of contract. In the course […]

Small dwellings observe the largest increases In 25 years, from the end of 1996 to the end of 2021, apartment prices in Ile-de-France have multiplied by 3.6 according to the Notaries-INSEE. However, the price surge was stronger for some market segments and in particular for small apartments, studios and two room properties, whose prices multiplied […]

Buyers are returning to the capital and home sales are still at a high level. The latest figures from the Greater Paris Chamber of Notaries have just been released and the icing on the cake, the prices are no longer soaring.   Dynamic market and moderate price changes “The number of sales of old homes […]

We’ve said it before, but now it is more true than ever:  With the dollar at twenty year highs and interest rates still below 2.5%, it makes sense to invest in Paris real estate while it is effectively 25% discounted from levels in the past five years.  The chart below shows that current mortgage rates […]

The medieval rood screen separating the nave from the choir was badly damaged, but there were significant remains that will allow archaeologists and art historians to understand its true design concept. The public establishment in charge of the reconstruction consented to the continuation of the excavations after the discovery of precious sculpted elements.   Archaeological […]

When selling a home in France, people who have expatriated or who are thinking of settling abroad are most often exempt from capital gains tax in 2022. In the event of taxation, the amount of social security contributions should be reduced. In 2022 , the taxation of real estate capital gains of non-residents remains reduced. […]

While sales fell in the last quarter of 2021, volumes still remain high. On the price side, houses, which are still highly sought after, are seeing their prices soar… The Greater Paris Chamber of Notaries has just published its economic report for the end of January 2022 (before the war in Ukraine). An observation: the […]

According to the Notaries of France, the share of non-resident foreign buyers continues to decline, falling to its lowest level for the past ten years. A trend that is not new, but that Covid has amplified. If Metropolitan France has always attracted foreign buyers, their presence seems to be dwindling. Whether in Paris, Périgord, the […]

A beautiful but cool start to spring Although the revival of activity traditionally observed with the return of fine weather is already being felt, the real estate market is still hesitating between phases of thinning and new cold snaps. While the end of winter fully benefits rural towns which, after 3 months of stability, see […]