Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
With prices and sales volumes on a record pace for this year, are we looking at a real estate bubble that will pop? A recent blip in Paris’ strong price growth which is currently around mid-7% has not stopped observers asking if the market is in a bubble. The Paris Notaires are predicting that by […]
A rainy spring and labor strikes are not expected to have a lasting negative impact on Paris’ property market as the country’s economy continues to grow and foreign buyers are drawn by favorable currency exchange rates. The French capital suffered a fairly turbulent month in May. Not only did strikes, blockades and fuel shortages cause […]
The reorganized Grand Paris plan will divide the Paris region into new zones. Real estate professionals are using the redistricting to attract foreign investment in lesser-known neighborhoods of the capital. An initiative launched by former French President Nicolas Sarkozy, the Métropole du Grand Paris, or Metropolis of Greater Paris, is a reorganization of the Paris metropolitan region […]
According to real estate professionals, 2015 saw the luxury property sector in Paris experience a booming recovery. Since then, opulent apartments and high-end mansions are once again being snapped up by wealthy buyers, to the delight of Parisian agencies. After three years of crisis, where buyers were scarce and the luxury property supply stockpiled, 2015 saw the […]
Real estate professionals have been examining the impact rent control has had on the Paris real estate market since its implementation in early August. A significant drop in the number of properties above rent limits and a diminished interest in Paris by rental investors are among reported factors. As previously reported by Paris Property Group, […]
A previous Paris Property Group article detailed the start of a recovery for the French capital’s real estate market, due in part to low property prices. Buyers are back and it’s time to invest in the city, but where exactly? A close examination of some of the capital’s arrondissements reveals where prices have declined most […]
International buyers seem to scoop up more and more Paris properties each year, fueling rumors that they are bidding up real estate prices. A recent study by the Paris Notaire Association dispels the myth. One thing is certain: Paris is a global town. In addition to its status as the most visited city in the world, 15% of […]
The national average rate for residential occupancy tax (taxe d’habitation) payable on property in France has crept up 19% over ten years, according to an analysis based on official figures from the tax office/INSEE and published by Home’n’go. The French taxe d’habitation is equivalent to a residence tax and is paid by the person or household unit living in […]
Sales of Existing (Ancien) Apartments According to the most recent sales data available, from May to July 2012, 36,000 apartments were sold in Ile de France, marking a 21 to 22% decine compared to transactions concluded in the same time period in the two previous years.