A lavish château located in the Yvelines department in the Parisian suburbs has just sold for 275 million euros, making it the most expensive private residence in the world. An extravagant private manor completed in 2011 in a 17th century style recently sold for the outstanding amount of 275 million euros, the equivalent of 300 […]

After two years of decreasing sales volumes, Toulouse’ property market is benefitting from renewed attention. Transaction numbers have swelled since the spring, while prices have remained low. Since the beginning of the year, Toulouse’s real estate sector has returned to form. Prices are currently 20% lower than sales prices in 2012, according to Gladys Emourgeon, […]

According to real estate professionals, 2015 saw the luxury property sector in Paris experience a booming recovery. Since then, opulent apartments and high-end mansions are once again being snapped up by wealthy buyers, to the delight of Parisian agencies. After three years of crisis, where buyers were scarce and the luxury property supply stockpiled, 2015 saw the […]

In conjunction with the “Reinventing Paris” competition, the City of Paris is looking to refresh its riverbanks. Accordingly, it will launch a new call for innovative projects next month along with Rouen, Le Havre and other riverside towns. Eager to renovate its cityscape, the French capital will soon be the scene of a new project […]

Sales volumes are increasing and prices are stabilizing in Nantes and its immediate periphery. The city center remains attractive to investors and houses in the near suburbs enjoy renewed interest from buyers searching for first or second homes. After a relatively bleak performance in 2014, Nantes property market is currently imbued with cautious optimism once again. […]

French real estate site SeLoger.com has acquired Amivac.com, a website specializing in holiday rental property in France.  Launched in 1996, SeLoger publishes real estate classifieds online and is one of the main resources for sale and rental property search in France. In July, it announced its acquisition of vacation rental site Amivac.com, a site dedicated to […]

The City of Paris may pedestrianize the area surrounding the Garnier Opera, replacing busy streets and a chaotic crossroads with sprawling gardens. Paris Mayor Anne Hidalgo is considering a proposal to transform the Place de l’Opéra — the square surrounding the Palais Garnier — into a pedestrian zone adorned with greenery and gardens.

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. […]

Last year, 23.8% of real estate transactions in Paris involved buyers over 60 years old, according to a new study. This trend is echoed across the country and has, alongside other factors, helped revive the French real estate market. A new study undertaken by real estate agency Century 21 reports that after a drop in […]

As of January 1st, 2016, property purchased in Paris is subject to an increased purchase tax — or transfer tax. This tax has increased by 0.7% for the purchase of housing, office or commercial property. While the vast majority of French departments had already taken this step, Paris is the latest to apply an increased […]