Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
In some good news for Paris homeowners, local tax rates have remained the same since 2011 and will continue to do so. This was confirmed for 2017/18 by the Paris city hall recently.
The high-end real estate market in France may profit from the uncertainty of Britain remaining in the European Union, predicts real estate network Coldwell Banker. The political and economic uncertainties linked to Britain’s potential exit (Brexit) from the European Union may benefit French luxury property, according to luxury real estate agency Coldwell Banker.
Paris gained three spots in an international ranking of real estate destinations around the world, climbing from the 10th spot in 2014 to the seventh in 2015. According to Barnes International, the decline of the euro contributed to Paris cementing its place last year in an annual ranking of the 10 most popular cities in […]
A sustained price drop in the first six months of 2015 led to Tours’ real estate market regaining activity after a quiet couple of years. Buyers returned, leading to a price increase reducing sales volumes. After a slow 2014, Tours’ property wheel began to spin again this year. No doubt encouraged by low interest rates […]
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 new study surveying prime real estate in 15 major international cities reveals that Paris offers one of the most attractive tax regimes for foreign investors. British estate agent Knight Frank recently published their Global Tax Report in partnership with Ernst & Young (EY), assessing the impact of tax and property costs for foreign investors […]
A study by mortgage bank Crédit Foncier profiles French property buyers, with a focus on rental investment. It highlights the six regions most prized by property purchasers, property types and the main reasons individuals are investing in real estate.
A short walk north of the Seine in the heart of Paris, the Les Halles neighborhood is home to 7000 residents and over 16,400 jobs. The Châtelet-Les Halles RER commuter rail and subway station is the largest transport hub in the Ile de France region, serving over 800,000 passengers per day.
The market in the greater Paris Île-de-France area has seen prices fall a slight 0.4% during the first quarter of 2015 versus the previous quarter, according to the official quarterly figures published by INSEE/Notaires de France on May 28. The average price over the past twelve months has gone down by 2.1 percent.
In another significant step intended to invigorate the city, Paris Mayor Anne Hidalgo has pledged to transform 250,000 square meters (m²) of Paris offices into residential housing by the year 2020.