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