Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
An EU-wide regulation, passed by the European Parliament in July 2012 with effect from August 2015, will result in a drastic and welcome change to the inheritance rules governing real estate in France, for both residents and non-residents alike. Our summary follows.
In the context of the dynamic commercial property market in Paris, Asian and Middle Eastern institutions have targeted the city for property investments. Recent research shows that sovereign wealth funds, insurance companies and developers have invested heavily in cross-border investments during the past two years. In 2013, total investment amounted to around $22 billion (€18.5 […]
This fully renovated, air conditioned 1 bedroom apartment with balcony in a beautiful Haussmannian building is ideally located on a quiet street between the Luxembourg Gardens and the Place St. Sulpice in the heart of the 6th arrondissement, the most desirable area in Paris. On the 5th floor with elevator, the property offers views of […]
This spacious impeccably renovated 3 bedroom 2 ½ bath property is nestled on a quiet street just steps from the Seine and the Ile de la Cité. On the first floor without elevator of a well maintained 17th century building, it has 11 foot ceilings and beautiful wood flooring. It is located in a historic and […]
Since August 2012, non-residents who sell a property in France, or derive income from property rentals, have had to pay social charges totaling 15.5% on the net capital gain or the income. A recent judgment by the European Court of Justice (ECJ) has overturned this rule.
Residential real estate has traditionally been considered a good investment, and property in Paris remains so for 2015, says French weekly magazine L’Express. Several factors currently work in favor of property buyers in the City of Light.
Marilyn Benichou, Senior Counsel of Paris law firm De Gaulle, Fleurance & Associés explains some changes to French regulations about capital gains tax that apply to non-residents. From January 1st 2015, the French government introduced a number of changes to the capital gains tax regime, by means of the revised Finance Law 2014 and the […]
International inheritances amount to some €100 billion per year, but the rules governing cross-border inheritance are complex. Inheritance laws are different in each European Union (EU) country. This web page set up by the notaries of Europe, explains the current rules in each EU state.
€23.8 billion was invested in the French commercial real estate market during 2014, according to the latest figures. This is an increase of 57% over the 2013 total of €15.1 billion and makes 2014 the third best year on record after 2007 and 2006. Much of that investment was in the capital: for each euro […]
According to figures recently issued by the Notaires de France (officials who handle property transactions), sales volumes increased and property prices fell slightly in Paris during the third quarter of 2014. The notaires regularly issue a bulletin analyzing the real estate market in France.