This Paris Life

Expert Insight, Breaking News, and Insider Stories on Real Estate 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 […]

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The climate is looking more favorable for real estate investment in Europe with many viewing the Eurozone debt crisis as a potential stimulus for activity, a new survey from Ernst & Young shows.  Both volumes and transaction size in 2013 are likely to exceed levels seen in 2012.

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Parisian homebuyers will be pleased to know their purchasing power is on the rise.  The results of a study show that buyers are able to afford larger properties for the price in Paris and its inner suburbs, as well as in Lille, Lyon and Bordeaux.  The size of property a Parisian household can acquire with […]

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The average price of existing homes in Paris reached a record €8,440 per square meter between June and August 2012(+1.2% in three months; +1.7% over one year). The figures were

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Price overview for Paris real estate

Sales volume – meaning the number of real estate transactions – are down 20% in 2012 as compared with 2011. Although the best properties still sell quickly and at or near asking price, it has meant that Paris real estate buyers are getting some breathing room to separate the wheat from the chafe. “The market […]

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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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