Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
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.
Paris is one of the world’s primary business centers and tourist destinations, and demand for residential property is high. Several factors have ensured that the Paris real estate market has remained buoyant over the past 25 years, despite periodic bear markets: There is a shortage of new construction. The city center cannot expand beyond the […]
The Avenue des Champs-Elysées is the most expensive location in Europe for retail rental values, and the 6th most expensive world-wide, according to a new report.
This week, the US dollar rose to a nine year high against the Euro. One euro is currently worth about $1.19, compared to a low of around $1.58 in April 2008. This time last year, the rate was $1.36 to the euro.
Just when you thought French mortgage interest rates couldn’t go any lower, they fell yet again in November.
The latest research shows that Paris occupies 2nd place among 100 European cities for commercial property demand, just after London. This is one place up from the city’s ranking in 2013.
A recent survey shows that investors plowed €16 billion into French commercial property during the first three quarters of 2014. This is an increase of 45% over the same period in 2013, and already 5% more than the total amount invested last year.
According to a new property price index, real estate prices in Paris increased by almost 1% over the three months to September 2014.