Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
A unique building project whose apartments will be free of co-ownership fees is scheduled for completion in 2018. This will allow units to be 30% cheaper than normal. The future building is one of 22 projects selected as part of the Reinventing Paris competition. A new real estate project called Edison Lite is expected for […]
Owners of Paris property in copropriétés — co-owned buildings — saw their fees decrease by 7.4% in 2014, according to a new index report by the Fnaim (National Federation of Real Estate) published on 22nd September. The new edition of the Observatory of co-ownership fees in Greater Paris, a database including 9352 buildings comprising 297,284 […]
Apartment buildings are subject to shared co-ownership expenses (charges de copropriété). Co-owners in Paris pay on average 48.9 euros/m2 per year for a building with all of the amenities below. For a 50m2, this adds up to 2,445 euros per year. But it’s worth noting that many buildings do not have the full range of […]