Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
This 57 m2 one bedroom apartment located on the 3rd floor without elevator of a 20th century building is in the charming and village-like Lamarck-Caulaincourt area of Montmartre, a stone’s throw from the buzzing and popular area of the Sacré Coeur. More private, protected and authentic, this neighborhood offers a multitude of trendy bars, family […]
Financial regulators and rating agencies have named France the strongest real estate market in Europe. According to reports by the Joint Forum and Standard & Poor’s, that strength is primarily due to two French banking trends in particular: a large number of secured loans, and strict lending criteria.
President Hollande has made good on his promise to pull back on the dramatic increases in taxes imposed on property sales in France over the last two years. In releasing the details of the new plan, Budget Minister Bernard Cazeneuve cited the “perverse effects of the current system,” specifically the significant decrease in the volume […]
According to the 1st quarter 2013 results of real estate barometer Capacim, purchasing power continues to rise for households throughout Ile de France. Over half (53.7%) of them are in the position to purchase a home in one of the principal communities in the department; one-third (33.4%) could purchase that home in Paris.
The Concorde luxury hotels portfolio – including the luxurious Hôtel du Louvre and Concorde Lafayette Hotel in Paris, sold to Constellation Hotels France, a Middle East-based investor with global hotel holdings. Jones Lang LaSalle Hotels represented the seller, Groupe du Louvre, a subsidiary of Starwood Capital. Starwood acquired the hotels as part of its takeover […]
According to a new report by real estate advisor Savills, foreign investors were responsible for 40% of real estate investment during the first 3 quarters of this year, up from 30% in the same period of last year. While Middle Eastern funds were dominant with 15% of all transactions, investment from Chinese, Swiss, Swedish and Dutch […]
The French press is abuzz with stories about 1+ million euro properties hitting the Paris real estate market in recent weeks as a result of looming tax-hikes. What does this mean for the non-resident Paris lover ready to invest in a Paris pied-a-terre? Could it be a short-term buying opportunity? Paris Property Group takes a look at the silver […]
The French property market has been a good investment for many foreign buyers over the last year with prices of flats and houses rising in the most sought after areas. Prices in the Paris region have risen by between 3.8% and 6.2% for houses and flats, according to data release by government controlled Notaires de […]
Rental income and sales of investment property or second homes by French residents have always been subject to social security contributions (payroll taxes). The previous rate of 13.5% was raised to to 15.5% on July 1st of this year. Unlike in the United States, gains realized from the sale of a primary residence are not […]
History may be repeating itself in the Paris real estate market today. At the peak of the market turmoil in 2008-2009, following the global credit crunch, sellers and buyers took a wait-and-see attitude, hoping that prices would see a marked decline. That didn’t happen,