Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
According to recent research, investors paid €10.7 billion euros for French office, retail, logistics, and industrial properties between January and June 2014 – an increase of 73% over the same period in 2013.
This sun-filled 1 bedroom apartment with balcony is located off the rue des Martyrs near the charming Place St. Georges in the 9th arrondissement. On a quiet street, it is in close proximity to the many shops and restaurants in this lively neighborhood.
Sales of famous Paris hotels continue apace. InterContinental Hotels Group (IHG) has recently agreed to sell the Le Grand hotel to the Qatari group Constellation Hotels Holding Limited for €330 million. The hotel currently has 470 guest rooms, including 70 suites. Constellation plans to renovate Le Grand at an estimated cost of €60 million.
The Notaires de France (officials who handle property transactions) indicate that French property prices were stable at the end of May. In advance of their quarterly analysis for the 2nd quarter of 2014, the notaires’ bulletin shows that prices in Paris saw a slight decline of 0.2% between February and May. As ever, these figures […]
Super-luxury properties in Paris with a price tag of €10 million or more remain highly sought-after, according to property experts. Most buyers at this level are ultra-high net worth foreigners with assets of more than €25 million. This trend is predicted to increase.
This extraordinary property provides breathtaking views of the Eiffel Tower from the apartment itself as well as from its private rooftop terrace. It is located on the right bank, a short walk from the Seine and the Trocadero gardens.
French mortgage lenders are maintaining interest rates at a low level. This trend is likely to continue throughout the summer of 2014.
Property pundits have noted that prices have started to increase again in certain regions of France, particularly in Paris, during the early summer.
International business leaders rate Paris the third most attractive city in the world for business investment, according to a recent survey carried out for KPMG. This is a jump of two places in the space of a year.
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.