Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
If courtiers of the Sun King, Louis XIV, came back today they would be astonished at the changes time has wrought on the City of Light. Not only has the architectural face of Paris altered but real estate ownership has also been transformed.
The real estate market in Europe is experiencing significant variation by country in 2013. The good news is that, while France as a whole has seen a decline in residential property prices, Paris is attracting interest from non-European investors in particular this year
Buyers from outside Europe – notably from Russia, China and the Middle East – are snapping up French luxury homes in the absence of European purchasers. France is one of the most popular choices for property investors from Russia and the former Soviet republics, such as Ukraine and Belarus. Mostly business leaders, they typically spend […]
Apartment buildings are subject to shared co-ownership expenses (charges de copropriété). Co-owners in Paris pay on average 48.9 euros/m2 per year for a building with all of the amenities below. For a 50m2, this adds up to 2,445 euros per year. But it’s worth noting that many buildings do not have the full range of […]
Following the trend throughout France, real estate prices are dipping slightly in almost every Paris arrondissement. This presents some great opportunities for buyers. Weekly news magazine l’Express questioned agents in each arrondissement to get their view of market trends.
This charming sunny one bedroom courtyard apartment in a 17th century building is nestled on a quiet street in the Odéon area of Paris’ most highly prized district, the 6th arrondissement. A row of tall windows in the living room and bedroom look out on the greenery in the quiet vine covered cobblestone courtyard, giving […]
This 57 m2 one bedroom apartment located on the 3rd floor without elevator of a 20th century building is in the charming and village-like Lamarck-Caulaincourt area of Montmartre, a stone’s throw from the buzzing and popular area of the Sacré Coeur. More private, protected and authentic, this neighborhood offers a multitude of trendy bars, family […]
Financial regulators and rating agencies have named France the strongest real estate market in Europe. According to reports by the Joint Forum and Standard & Poor’s, that strength is primarily due to two French banking trends in particular: a large number of secured loans, and strict lending criteria.
This elegant 4 bedroom Haussmanian corner apartment with high ceilings (12 ft.) overlooks the bell tower of the newly renovated Gare de Lyon in Paris’ 12th arrondissement. On the first floor with elevator of a well maintained 19th century building with concierge, a wide gallery runs the length of the apartment. The spacious living room faces south […]
President Hollande has made good on his promise to pull back on the dramatic increases in taxes imposed on property sales in France over the last two years. In releasing the details of the new plan, Budget Minister Bernard Cazeneuve cited the “perverse effects of the current system,” specifically the significant decrease in the volume […]