This Paris Life

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

New French tax laws benefit foreign buyers ➤ Paris Property Group

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 […]

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In response to the stark reduction in the volume of real estate sales nationwide and the resulting loss in capital gains tax revenue, President Hollande proposed to reduce the capital gains tax on real estate sales – for a limited time.

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 According to an annual study produced by the international mortgage specialist, Conti, France remains the most popular destination for international property investment among British buyers.

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With the publication last Friday of the Amended Finance Law (Loi de Finance Rectificative 2012), the French government instituted an “extraordinary wealth contribution” retroactively effective as of January 1, 2012.

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Ernst & Young released a study this month surveying a significant grouping of active French real estate investors.  According to the report, 77% of investors surveyed believe that France will be an attractive investment market in 2012.

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2011 has undoubtedly been a turbulent year in the financial markets which have had an impact on many people’s decisions as to whether or not they will proceed with their dream purchase in France.

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Normally, property in France doesn’t come cheap. But thanks to judicial reforms, there are a number of small-town courthouses priced to sell.

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