Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Parisian real estate prices, which currently stand at 9,420 euros/m², will continue to rise, announced the Chambre des notaires de Paris-Île-de-France in a recent business review. Though final figures won’t be available for awhile, “According to market data, the price per square meter could exceed 9,600 euros in December 2018 in Paris. The annual increase […]
According to Knight Frank’s Annual Prime International Residential Index (PIRI 100), which tracks and predicts price changes in major global prime residential markets, Paris is predicted to outperform 12 other major international cities with a price growth of 9.0% expected for 2018. This is good news for investors namely from the US, Middle East, and Europe, who […]
Paris has no multiple listing service (MLS) and what some might call an “every agent for himself” mentality. It can therefore be challenging to find an agent you can count on to work hard and represent your interests. Historically property sellers have given their listing to multiple agencies to ensure they reach the most buyers, […]
How does Paris compare to other global hubs when it comes to luxury property prices, cost of renting and demand for property? Recent figures reveal all. Renting with a $1,500 monthly budget Figures from global rentals website Rentcafe show that Paris comes out less expensive than New York, London, San Francisco and Zurich, and only […]
Before putting your apartment or house up for sale, it can be a significant advantage to give it a simple makeover so that it stands out from the typical French property listing. Photos of properties on French websites can be comically unappealing. Often, it takes very little to refresh and enhance a property to make […]
Housing Ministry passes a decree amending the Loi Alur, aimed at reducing the paperwork and cost of selling an apartment in Paris. On August 26th, Minister of Housing Sylvia Pinel presented a new measure to the Council of Ministers to amend certain provisions of the Loi Alur and thus facilitate real estate transactions on Parisian apartments. Garnering […]
The clock is ticking: property sales by non-French residents in 2014 and possibly 2013 were overtaxed. Refund claims must be filed before December 31, 2015. People who recently sold real estate in France but reside outside the country are owed substantial refunds for capital gains taxes and French social security contributions.
Located on a quiet residential street just off Paris’ grand avenue Foch between the Arc de Triomphe and the Bois de Boulogne, this 19.12 m2 studio apartment with air conditioning is on the top (5th) floor without elevator in a beautiful Haussmannian building. The exclusive St. James Club and the Victor Hugo shopping district are […]
Lawyers do not handle real estate transactions in France. This is the job of notaires, public officials with specialized legal training appointed by the Minister of Justice. Now, the notaires’ fee structure is under review and their monopoly may be ended. The role and remuneration of notaires in France The role of the notaire is […]
The French State is one of the biggest holders of state-owned property in the world. It held €59,384 billion of real estate at the end of 2013 and continues its policy of divestment. In 2012, its property assets were valued at €60,064 billion.