This Paris Life

Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris

Art is life in Paris. The Exhibits coming up through the rest of 2023 are FIRE! Many exhibits now require reservations in advance, so join the waiting lists ahead of time.   Basquiat x Warhol – Painting 4 hands Jean-Michel Basquiat and Andy Warhol, OP OP, 1984. Bischofberger Collection, Männedorf-Zurich Estate of Jean-Michel Basquiat Licensed by […]

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Photo by Craig Cooper on Unsplash

In the 3rd quarter of 2022, sales volumes of existing homes fell by 10% compared to last year, which was the highest level ever reached for a 3rd quarter. Despite this slowdown, activity remained at a historically high level. With the exception of Paris, this decline occurred in all departments of Ile-de-France. The notaries of […]

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American buyers have been pouring into the Parisian market since last summer. Low borrowing rates, the rising value of the US Dollar and the ever rising prices in the US, makes French property extremely advantageous for American buyers. According to a recent Coldwell Banker network survey of luxury real estate trends, which surveyed 2,000 affluent […]

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At the national level prices have indeed stagnated throughout the country (0%).  The rural areas are the only places with an increase (+0.5% in November) thanks to the holding interest of investment groups and the desire for home projects. The rest of the market is sealed off by the apartments whose prices are falling in […]

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The common difficulty of renting an apartment in Paris is getting even harder and the future seems to hold even more restrictions, limiting the supply even more.    According to a study by PAP (De Particulier à Particulier), there have never been so few properties available to rent from the start of the 2022 school […]

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When you sell a property, whether it is a house, an apartment or land, you realize, most often, what is called a real estate capital gain. This capital gain may be exempt from tax (main residence) or taxed at 36.2% (sale of a secondary residence held for less than thirty years).   Capital gains on […]

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The article adopted last month by the Assembly National, with 154 votes to 50, aims to speed up legal proceedings in rental disputes by systematically including in lease contracts a “automatic termination clause”. The measure allows a landlord to unilaterally terminate the lease of a tenant in the event of unpaid rent, without initiating legal […]

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A new rent control system was started in Paris in July 2019. After that the system was set up in the cities of Plaine Commune, Lyon and Villeurbanne in 2021.  Next the system will take root in Bordeaux and Montpellier. Let’s take a look at the past three years and see how this new system […]

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Paris Property Group has built a top notch team to assist non-resident buyers achieve their dreams of owning real estate in Paris. Whether you’re interested in taking advantage of the 20-year record low currency exchange rates available today, obtaining a low interest fixed-rate mortgage (still well below 3%), or renting your property out for income […]

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Rising interest rates, lower purchasing power, inflation, shortage of properties; these fundamental changes in the economy are affecting the Real Estate Market.  Market Still Strong In terms of transaction volume, with a forecast of around 1.1 million sales made by the end of the year, 2022 should come close to the historic record reached in […]

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