Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
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:
It’s that time of the year again, the rentrée. Each September marks a new work season, highlighted by predictions of the financial and real estate markets for the coming year.
The August lull that sends most Parisians running to the beaches for vacation did not slow the French government from passing important “rectifying” changes in the taxation of real estate gains, rental income and net wealth.
Mayor Delanoë continues to press his position that rentals of under one year (9 months to students) are unlawful unless the apartment in question has “commercial”, rather than “residential”, status. Like minds disagree as to whether this position is correct and sustainable in the courts, but either way there are some things that can be […]
History may be repeating itself in the Paris real estate market today. At the peak of the market turmoil in 2008-2009, following the global credit crunch, sellers and buyers took a wait-and-see attitude, hoping that prices would see a marked decline. That didn’t happen,
Ernst & Young released a study this month surveying a significant grouping of active French real estate investors. According to the report, 77% of investors surveyed believe that France will be an attractive investment market in 2012.
The last ten years have seen tremendous market growth in Paris, both in commercial and residential real estate. At the nadir of the market turmoil in 2008-2009, the greatest impact on Paris real estate
According to Jones Lang LaSalle in its 2011 Global Capital Flows report, there was US$411 billion of direct commercial investment globally in 2011, a 28% increase over 2010.