Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Have you ever wondered how Paris might have looked in the 1500s? Now you can take a virtual walk through Paris with a series of 3D maps developed by Grez Productions and based on a range of historical sources.
One of the French government’s flagship laws has been censured on the grounds that parts of it may be anti-constitutional. The law would have altered key aspects of rental agreements, including short-term rentals.
Recent research shows that investment in real estate is driving cities’ economic success rather than just being a consequence of it. Worldwide investment in commercial real estate over the past decade has totaled $4.6 trillion. Half of this has been concentrated in 30 cities.
This charming 1 bedroom apartment is located on a cobblestoned private pedestrian street off the Place de la Bastille. The quiet street and building are in a historically protected area free of typical Parisian street noise. This tranquil oasis from the bustling area surrounding it sits on the border between the Marais and Bastille areas. […]
We have reported regularly on the changing capital gains tax landscape in France. Read our latest update here. The capital gain is the difference between the price you pay for a property that is not your primary residence and the price you get when you sell it. However, there is a range of expenses, prescribed […]
Mortgage interest rates in France remain at their lowest for years at around 3%. French property experts consider that this helped to sustain the market for older properties (as opposed to new construction) in 2013.
Properties in Paris are traditionally marketed by price per square meter. Now FNAIM, the trade association for realtors in Paris and the Ile-de-France region, has developed an interactive real estate map. This allows you to identify the arrondissements (districts) that have properties in the price range and of the type you’re looking for.
The City of Paris owns a substantial slice of the City of Light. Taking its lead from the French government, in 2013 City Hall listed and disclosed the extent of its real estate. It holds five million square meters of property – equivalent to around 17.4% of Paris’s total built real estate.
Good news for real estate buyers in Paris: the City of Paris has decided not to increase its share of stamp duty on property sales as of March 1st 2014. That portion of stamp duty will remain at 3.8% of the purchase price instead of rising to 4.5%.