Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
In some good news for Paris homeowners, local tax rates have remained the same since 2011 and will continue to do so. This was confirmed for 2017/18 by the Paris city hall recently.
While most agree that the French property market’s recovery will continue well into 2017, myriad uncertainties are leading some to conclude that now is the best time to buy.
You might imagine that it would be easy to fall in love with an apartment in Paris. Well, it is…and it isn’t. I’ve watched clients go through the process, but only recently done it myself. Now I understand the torture and the terror. Torture, because the market moves so swiftly in Paris that there is […]
It is a well-kept secret in Paris that luxurious properties in the well-known 16th arrondissement are no longer as expensive as they were 25 years ago, relatively speaking. Buyers have been forgoing the western part of Paris for the city center, even if that means buying smaller apartments. That means the beautiful apartments and houses […]
France had a record production of real estate loans in 2016. Historically low interest rates have began to rise slightly since December, but borrowing conditions have remained very attractive. For brokers, 2017 looks promising. The French real estate market was exceptionally dynamic in 2016 and the unprecedented number of housing transactions was largely due to […]
Paris never ceases to top the charts. Undeniably one of the most beautiful and attractive cities in the world, terrorist threats have not been enough to keep the city down, and visitors continue to flock to the beloved city. According to Mastercard, Paris ranked the 3rd most visited city in the world in its seventh annual […]
The average margin for negotiation on properties in France is at its lowest point since 2010. Indeed, prices are stable and properties are increasingly selling at or near their asking prices. The LPI-SeLoger barometer illustrates the downward trend of real estate negotiation margins since early 2016. There are currently few chances that one can get […]
2016 was a great year for the French real estate market. Many cities had incredible growth and saw their prices soar. Others saw prices drop and are now quite a bargain. In 2016, real estate sales in France rose by an average of 2.1% through December 2016. Around 840,000 apartments and houses changed owners over […]
When it comes to Paris’ older properties, there is no need to break the bank to renovate: great looking results can be achieved at every budget. Here’s what to expect cost-wise when renovating property in Paris. Construction Construction prices vary with the complexity and the required amount of work. For more accurate and precise pricing, […]