Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
The Prefect of Paris and the Ile-de-France Region have given authorization to the Russian government to build a Russian Orthodox spiritual and cultural center on the Quai Branly in the 7th Arrondissement (district).
Mortgage rates in France have been at historic lows in recent months. However, the outlook for the next move in interest rates has changed markedly over this period. During the summer of 2013, commentators expected French mortgage rates to rise before the end of the year. In the early fall, this was pushed out to […]
An interview with our collaborator Nicole von Klencke, owner-manager of Unusual Spaces in Berlin. She personally advises clients who seek high-end real estate tailored to their specific needs. 1. What are your customers typically looking to buy? Our customers want something special, so we offer only architecturally-interesting or exclusive properties with a fascinating history. […]
The way Paris looks today owes much to Baron Georges-Eugène Haussmann, Prefect of the Seine in the mid-19th century. The long, straight boulevards, magnificent open spaces and elegant façades that are everyone’s image of modern Paris arose from the ashes of tortuous medieval alleyways and overcrowded slums. Few houses had running water and disease was […]
Today, 21 million citizens of non-European Union (EU) countries live in a member state of the EU. Growing cross-border mobility and property ownership mean that beating a path through the jungle of inheritance law is becoming ever more necessary.
In central Paris you are rarely more than 500 meters (1/3 mile) from a métro (subway) station – it’s one of the densest subway systems in the world. Since using the subway is such a convenient way of getting around the city, closeness to a station is a factor influencing property prices.
Real estate transactions in France are subject to stamp duty, which the buyer pays. The rate is currently 5.09% of the price of the property and breaks down into: A departmental (county) tax of 3.80%. Paris is classified as a county. A communal (municipal) tax of 1.20%. Each arrondissement (district) of Paris counts as a […]
Paris notaires (officials who handle property transactions) recently issued figures for real estate sales during the 3rd quarter of 2013. Real estate prices in Paris overall have seen a fall of 2.1% during the past 12 months but, in the 3rd quarter, they were slightly up on the same quarter in 2012. The average price […]
This elegant and sunny 2 bedroom apartment is well located near the Arc de Triomphe on a quiet street off Paris’ grand avenue Foch. It is on the 4th floor with elevator of a beautifully maintained ornate 19th century building. The property boasts 10 foot ceilings, molding, herringbone parquet flooring and the original fireplace. The […]
This charming sunny one bedroom courtyard apartment in a 17th century building is nestled on a quiet street in the Odéon area of Paris’ most highly prized district, the 6th arrondissement. A row of tall windows in the living room and bedroom look out on the greenery in the quiet vine covered cobblestone […]