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.
The Council of Notaires releases its 2013 housing price projections and the UMP political party has some ideas on how Paris should spend the increased revenues generated from property transfer taxes.
Question: I own an apartment in Paris. I am a US citizen. I want to become a permanent resident in France. Once I achieve residency, if I sell my apartment to purchase another apartment (bigger), do I pay capital gains tax? Is there a minimum time for the residency requirement?
Is there any chance that if we stall on selling till 2013 that we can pay a reduced rate on capital gains tax? We have owned the property since 2008 and have spent a lot renovating it, but we do have an offer on the table now?
As part of our YouTube video series, “Ask Miranda,” PPG Founder and President Miranda Bothe explains how to maximize the investment value of your vacation home in Paris.
Question: Why can’t I just search for an apartment to buy in Paris on my own? Is it necessary to use an agent?
Paris Property Group has launched an online video series that shares insider information on how to find and buy the best property in Paris. The video series, featuring President and Founder, Miranda Bothe, is titled after the popular section of our blog “Ask Miranda.” In each video, Miranda answers one of our client’s questions, dispels a […]
Question: Hi Miranda, 1) Another American I know has an organization that helps American’s find apartments for a “finder’s fee” of 2.5 %, saying she is not a real estate agent. How do you differ?