Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Fees collected by legal professionals in France are set to decrease, including those paid to notaires. However, savings will only be significant on small transactions while most Paris real estate buyers won’t notice much change at all. Starting in May, buyers in France will benefit from ever-so-slightly reduced notaire fees on their purchase. Part of the Macron Law passed last year, a decree published […]
Effective since 1st August 2015 rent control is not being observed by a large portion of landlords, according to a new study. Implemented in Paris as a trial, there is little chance the regulation will spread to the Île-de-France region. The National Association of Consumers (CLCV) has found that 42% of properties advertised for rent […]
The French government recently passed a tax measure aimed at encouraging the transformation of vacant offices into housing in Paris. Over 800,000 square meters of office space in the city are reportedly unoccupied. New finance laws for 2016 include a tax measure intended to push commercial property owners to convert offices in Paris into housing. […]
French deputies are supporting an amendment that may make it illegal for tenants to sublet their properties on short-term rental websites such as Airbnb without their landlord’s explicit approval.
A wave of impromptu visits by city officials to suspected short term rental properties in Saint Germain des Pres yields little results and fuels growing frustration with the city’s inconsistent policies. On Tuesday, January 12, the City of Paris sent investigators to storm Parisian apartments they suspected of being illegally rented out for short stays. […]
After a summer rich in reforms, important laws have come into force affecting property transactions in France. From rent caps and lease contracts to furniture lists and codes of ethics, here are the seven major changes to be aware of in French real estate for Fall 2015.
One of the French government’s flagship laws has been censured on the grounds that parts of it may be anti-constitutional. The law would have altered key aspects of rental agreements, including short-term rentals.