Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Despite a slight recovery in its real estate market’s activity, gaps between geographic areas are widening in Aix en Provence. While property in the city center continues to attract buyers, larger villas on the outskirts are increasingly difficult to sell. With over 140,000 inhabitants, the former capital of Provence is now France’s 23rd largest city. […]
A new high-speed train between Paris and Saint-Malo may wake the seaport’s property market from its slumber, encouraging Parisians to flock to the beaches to buy vacation homes. The property market in Saint-Malo, a fortified port city located in Brittany in northwestern France, has not recovered from the economic crisis. After soaring in the 2000s […]
The difference between the price a property is advertised for and the final transaction amount remains at an all time low of 4.5% since October, new study finds. The Orpi real estate network recently published a price gap barometer in conjunction with Le Figaro and Explorimmo. It revealed that after months of continuous decline, the […]
L’Express’ real estate special assesses the property sector of major French cities. Results diverge amongst those recuperating: while some have begun an uphill course towards recovery, others continue to struggle.
A real estate special by L’Express paints an overview of property markets in major French cities. Scores are varied even amongst those doing well: some pedal on with ease, seeing buyers rush in to take advantage of auspicious factors, others aren’t far behind, catching up thanks to low prices and favorable interest rates.
Attracted by a sharp drop in property prices and low interest rates, buyers are returning very gradually to the Southern French city, whose real estate market had a particularly bad year in 2014.
In recent decades, bricks and mortar have proved the surest bet for a profitable investment over a 10-year period, according to a recent study. Real estate ranked ahead of shares in the CAC 40 (France’s top companies listing), gold and other favorite French investments, such as life insurance and the Livret A savings account.
Paris and New York are often compared for their sought-after real estate and interesting market characteristics. But there are some startling differences as well. Navigating the real estate market as a foreign buyer can be stressful if you don’t know the ropes.