This Paris Life

Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris

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.

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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.

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France: Capital gains tax for non-EU-residence changed on Jan 2015 • PPG helps you sell your property

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 […]

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 €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 […]

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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.

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Paris - a city with only few skyscrapers

Have you ever wondered why central Paris has so few skyscrapers? Compared with most major world cities – Hong Kong, New York or Dubai, for example – the City of Light has few high rise apartment buildings.

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One of the grandes dames of Paris hotels, the Hotel de Crillon, is undergoing its first major renovation since becoming a hotel in 1909. Work began in 2013 and is scheduled for completion in 2015.

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Study of retail rental value

The Avenue des Champs-Elysées is the most expensive location in Europe for retail rental values, and the 6th most expensive world-wide, according to a new report.

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When César Ritz founded his palatial hotel in 1898, his vision was to offer “all the refinements that a prince could wish for his own home.” His wish came true. During its lifetime, many of the crowned heads of Europe have enjoyed the Ritz’s elegant luxury – hence the word “ritzy”.

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The recently renovated white façade of the Tour Blanche (literally, the white tower) makes it one of La Défense’s more eye-catching buildings.

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