This Paris Life

Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris

According to recent figures, real estate prices in Paris have continued to hold up and the number of transactions has increased during the 2nd quarter of 2014. The representative body of the officials who handle property transactions, Notaires de Paris-Ile-de-France, issues a quarterly roundup of property prices. These figures show that prices remained stable in […]

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Lawyers do not handle real estate transactions in France. This is the job of notaires, public officials with specialized legal training appointed by the Minister of Justice. Now, the notaires’ fee structure is under review and their monopoly may be ended. The role and remuneration of notaires in France The role of the notaire is […]

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The long-awaited reopening of the Picasso Museum is scheduled to take place on October 25th 2014, the 133rd anniversary of the Spanish-born artist’s birth. The re-launch was originally planned for June 2014. We reported on it back in April as part of our series on major projects that are enhancing parts of Paris.

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This cozy 1 bedroom apartment, with balconies offering views of Parisian rooftops, is located in Montmartre near the town hall of the 18th arrondissement in a lively and up an coming neighborhood. It is situated on a quiet street lined with Haussmannian buildings, yet is close to transportation, restaurants and shops.

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A new French residential property price index is to be launched in September 2014. Its creator is Michel Mouillart, a professor of economics at a Paris university and director of the Housing Credit Observatory. He claims that it will provide more up to date information than existing data.

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This elegant and sunny 2 bedroom apartment is well located near the Arc de Triomphe on a quiet street off Paris’ grand avenue Foch.  It is on the 4th floor with elevator of a beautifully maintained ornate 19th century building.

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According to recent research, investors paid €10.7 billion euros for French office, retail, logistics, and industrial properties between January and June 2014 – an increase of 73% over the same period in 2013.

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This sun-filled 1 bedroom apartment with balcony is located off the rue des Martyrs near the charming Place St. Georges in the 9th arrondissement. On a quiet street, it is in close proximity to the many shops and restaurants in this lively neighborhood.

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The French State is one of the biggest holders of state-owned property in the world. It held €59,384 billion of real estate at the end of 2013 and continues its policy of divestment. In 2012, its property assets were valued at €60,064 billion.

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Sales of famous Paris hotels continue apace. InterContinental Hotels Group (IHG) has recently agreed to sell the Le Grand hotel to the Qatari group Constellation Hotels Holding Limited for €330 million. The hotel currently has 470 guest rooms, including 70 suites. Constellation plans to renovate Le Grand at an estimated cost of €60 million.

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