Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
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, […]
The holiday season is one of the best times to purchase property in France, with December through February marking one of the strongest periods during the year to negotiate prices. With price negotiation margins at their lowest point of the past few years, though, perhaps there is another, more optimal time of the year to […]
2016 has been a remarkably healthy and stable year for the French real estate market. With mortgage rates at all-time low and historically good currency exchange rates encouraging foreign buyers, new buyers and investors have boosted the market and continued the steady growth cycle that began in 2015. For 2017, though world and domestic politics […]
Data shows that 2016 has been a remarkable year for new housing starts, with building permit issuance going up by 14.8% and prices on the rise – up by 0.9% in the last three months and 2.4% for the year. This adds to the numbers confirming the healthy state of the French real estate market […]