Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
€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.
This is the next in a series looking at some of the sumptuous palaces and mansions for which the City of Light is rightly famed. The Hôtel de Soubise is an elegant 18th century mansion on the rue des Francs-Bourgeois in the 3rd arrondissement (district). It has been the property of the French State since […]
Have you ever wondered why central Paris has so few skyscrapers? Compared with most major world cities – Hong Kong, New York or Dubai, for example – the City of Light has few high rise apartment buildings.
One of the grandes dames of Paris hotels, the Hotel de Crillon, is undergoing its first major renovation since becoming a hotel in 1909. Work began in 2013 and is scheduled for completion in 2015.
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 […]
Continuing our series of interviews with collaborators, we talk to Madelyn Willems of Paris apartment rentals company, Paris Perfect. 1. Where do you come from, how long have you lived in Paris and what brought you here? My father was a US Air Force pilot, and we were posted to Naples and Rome in Italy, […]
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.
When César Ritz founded his palatial hotel in 1898, his vision was to offer “all the refinements that a prince could wish for his own home.” His wish came true. During its lifetime, many of the crowned heads of Europe have enjoyed the Ritz’s elegant luxury – hence the word “ritzy”.