In 2011, the most recent year with statistics available, just over half of the apartments sold in Paris were bought by unmarried individuals. A quarter of the sales went to

The French press is abuzz with stories about 1+ million euro properties hitting the Paris real estate market in recent weeks as a result of looming tax-hikes.  What does this mean for the non-resident Paris lover ready to invest in a Paris pied-a-terre?  Could it be a short-term buying opportunity? Paris Property Group takes a look at the silver […]

The French property market has been a good investment for many foreign buyers over the last year with prices of flats and houses rising in the most sought after areas.  Prices in the Paris region have risen by between 3.8% and 6.2% for houses and flats, according to data release by government controlled Notaires de […]

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.

In response to the stark reduction in the volume of real estate sales nationwide and the resulting loss in capital gains tax revenue, President Hollande proposed to reduce the capital gains tax on real estate sales – for a limited time.

Following an in-depth look at housing market behavior across Europe in recent years, the research arm of Savills Real Estate found that only Italy might be in for future drops in real estate prices.

 According to an annual study produced by the international mortgage specialist, Conti, France remains the most popular destination for international property investment among British buyers.

“There will be a new record in Paris,” according to Thierry Delesalle, a spokesman for the notaries of Paris, during a recent press conference, adding that the leading indicators point to higher prices in September and October.  The pricing declines seen in the fourth quarter 2011 and first quarter of 2012 seem to have fizzled. […]

Last Thursday, the Chambre des Notaires in Paris held a special meeting open to the public to discuss the recent changes to the wealth and capital gains tax laws implemented by President Hollande.  Our managing partner, Kerstin Bachmann, was there in person to take notes.  

Over the last months, the French media has been reveling in gloomy news about the French economy and more specifically about expected trends in the real estate market. But their predictions of a downturn ignore some fundamental facts.  It’s a great time to invest in Paris real estate and here’s why: