Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
During 2014, the number of sales of apartments in period buildings in Paris increased by 2% compared to 2013, but real estate prices decreased by 2.1%. These are the conclusions of the quarterly report for the 4th quarter of 2014 issued by the notaires, officials who handle property transactions in France.
A French court of appeal recently blocked the restoration of the former Paris department store La Samaritaine on the grounds that its Rue de Rivoli façade does not match its historic setting. We reported on the renovations here.
Residential real estate has traditionally been considered a good investment, and property in Paris remains so for 2015, says French weekly magazine L’Express. Several factors currently work in favor of property buyers in the City of Light.
Marilyn Benichou, Senior Counsel of Paris law firm De Gaulle, Fleurance & Associés explains some changes to French regulations about capital gains tax that apply to non-residents. From January 1st 2015, the French government introduced a number of changes to the capital gains tax regime, by means of the revised Finance Law 2014 and the […]
Located on a quiet residential street just off Paris’ grand avenue Foch between the Arc de Triomphe and the Bois de Boulogne, this 19.12 m2 studio apartment with air conditioning is on the top (5th) floor without elevator in a beautiful Haussmannian building. The exclusive St. James Club and the Victor Hugo shopping district are […]
International inheritances amount to some €100 billion per year, but the rules governing cross-border inheritance are complex. Inheritance laws are different in each European Union (EU) country. This web page set up by the notaries of Europe, explains the current rules in each EU state.
€23.8 billion was invested in the French commercial real estate market during 2014, according to the latest figures. This is an increase of 57% over the 2013 total of €15.1 billion and makes 2014 the third best year on record after 2007 and 2006. Much of that investment was in the capital: for each euro […]
According to figures recently issued by the Notaires de France (officials who handle property transactions), sales volumes increased and property prices fell slightly in Paris during the third quarter of 2014. The notaires regularly issue a bulletin analyzing the real estate market in France.
Paris is one of the world’s primary business centers and tourist destinations, and demand for residential property is high. Several factors have ensured that the Paris real estate market has remained buoyant over the past 25 years, despite periodic bear markets: There is a shortage of new construction. The city center cannot expand beyond the […]
This week, the US dollar rose to a nine year high against the Euro. One euro is currently worth about $1.19, compared to a low of around $1.58 in April 2008. This time last year, the rate was $1.36 to the euro.