This Paris Life

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

By the end of 2020, 80% of French people will no longer pay la taxe d’habitation, or local resident tax, on their primary residence.  Secondary residences, however, will not be exempt.  How are local resident taxes on secondary properties calculated and how does this compare to main residences?  Bercy Infos outlines everything you need to […]

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Plain, dreary, and polluted, the Paris périphérique is long overdue for a makeover.  Inaugurated in 1973, the 35-km long expressway has remained unchanged for the past 40 years, falling victim to countless critiques and complaints.  In order to update this thoroughfare for today’s modern needs, the City of Paris has put forth four major proposals, […]

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Although prices are reaching record highs, some real estate experts see no risk of an overheated market.   Real estate professionals are adamant: although prices are peaking in some places, they see no risk of the market overheating. “Apart from a few major cities, prices are not soaring,” points out Jean-Marc Torrollion, President of the […]

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2020 is already proving to be a busy year for the city of Paris.  With municipal elections right around the corner and the Olympic Games ever-approaching, many exciting changes are afoot in the capital.  Read on to learn more about the 5 major city projects we’re most excited about this year.   1. Opening of […]

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This year’s Loi de finances includes many measures of interest to the real estate sector.   Certain real estate tax cut programs already in force will be extended and modified, while tax reforms continue to change the financial landscape for homeowners.  Read ahead for everything you need to know about this year’s changes.    Le […]

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People say that there’s nowhere in the world quite like Paris, and with good reason. Thanks to its famous arrondissements, the mix of modern and Old World charm, and famous sites like the Eiffel Tower, the City of Love saw a whopping 40 million visitors in 2017 alone. But walking the city isn’t the only […]

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Recently the Wall Street Journal published an article about the storm of perfect conditions leading American buyers to scoop up that pied-a-terre they’ve been dreaming of for years. Mortgage interest rates in France are below 2%, allowing excellent opportunities to leverage funds; the dollar is at close to a historic high against the euro; and […]

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Financially speaking, if it’s possible for you to buy a property outright, in cash, thus avoiding interest payments on a mortgage, you should do it, right?  Well, not necessarily in France…  Read on to discover why buying property in France with a French mortgage is the more financially savvy route, even if you can afford […]

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2019 was an exceptional year for real estate in France, with notaries recording a 7% increase in the number of transactions from July 2018 to July 2019.  Between low interest rates and soaring prices, who exactly is buying real estate in France and its capital these days?  Online real estate broker Pretto reviewed the more […]

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The Court of Justice of the European Union has ruled that American rental platform Airbnb is indeed a digital services company and not a real estate company.   On December 19th, Airbnb won a decisive victory in the European Court of Justice, which ruled that the private rental platform is not a real estate company […]

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