Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Agency fees in Paris vary wildly according to recent study by a property management site, and Paris Property Group has some of the lowest in the city. Homepilot.com, which manages property rentals in Paris, surveyed 253 agencies in the capital to find out the average commission charged on property sales. They found a range of 3% […]
Have you ever wondered why central Paris has so few skyscrapers? Compared with most major world cities – Hong Kong, New York or Dubai, for example – the City of Light has few high rise apartment buildings.
A recent survey shows that investors plowed €16 billion into French commercial property during the first three quarters of 2014. This is an increase of 45% over the same period in 2013, and already 5% more than the total amount invested last year.
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.
Lawyers do not handle real estate transactions in France. This is the job of notaires, public officials with specialized legal training appointed by the Minister of Justice. Now, the notaires’ fee structure is under review and their monopoly may be ended. The role and remuneration of notaires in France The role of the notaire is […]
The world’s biggest sovereign investment fund, Norges Bank Investment Management, has bought Le Madeleine building in Paris for €425.6 million ($570 million) from a fund managed by Blackrock Inc.
The Napoleonic Code is the civil legal framework of France, established in 1804 by Napoleon Bonaparte. It sets out the rules in relation to divorce, inheritance, and property ownership, among other things.
We have reported regularly on changes to the French capital gains tax (CGT) regime over the past two years. In France, the capital gain on the sale of a primary residence is exempt from any tax. But the capital gain on the sale of a second home or investment property is liable to tax and […]
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?
An expected upturn in French consumer spending during the 2nd quarter of 2014 is expected to benefit parts of the retail property market, experts say.