According to the 1st quarter 2013 results of real estate barometer Capacim, purchasing power continues to rise for households throughout Ile de France. Over half (53.7%) of them are in the position to purchase a home in one of the principal communities in the department; one-third (33.4%) could purchase that home in Paris.

This upper Marais property benefits from its privileged position on one of the most sought after streets in the up and coming “Enfants-Rouge” neighborhood.  It is this quiet patch North of rue de Bretagne, between the Marais and République, where rue Charlot is becoming more “bohemian chic” than at its origins South of rue de […]

This quiet sunny fully renovated one bedroom apartment, located in the heart of one of the most sought after areas in Paris, the historic Carré des Antiquaires in the 7th arrondissement, is on the 4th floor without elevator of a 19th century building that overlooks a cobblestone courtyard.

This charming Left Bank studio apartment on the top floor without elevator of an elegant stone and brick 1900 era building has a panoramic view and no vis à vis.  It overlooks the Seine, the Right Bank, period buildings and a former private mansion, now an embassy, and its lush gardens.

According to a new report by real estate advisor Savills, foreign investors were responsible for 40% of real estate investment during the first 3 quarters of this year, up from 30% in the same period of last year. While Middle Eastern funds were dominant with 15% of all transactions, investment from Chinese, Swiss,  Swedish and Dutch […]

 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.

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.  

With the publication last Friday of the Amended Finance Law (Loi de Finance Rectificative 2012), the French government instituted an “extraordinary wealth contribution” retroactively effective as of January 1, 2012.

As part of our YouTube video series, “Ask Miranda,” PPG Founder and President Miranda Bothe explains how to maximize the investment value of your vacation home in Paris.

Question: Have there been any recent changes or are any coming to the “3 percent tax”, as applied to an SCI, either with regard to the rules or the forms that must be filed each year?