Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
This spacious impeccably renovated 3 bedroom 2 ½ bath property is nestled on a quiet street just steps from the Seine and the Ile de la Cité. On the first floor without elevator of a well maintained 17th century building, it has 11 foot ceilings and beautiful wood flooring. It is located in a historic and […]
La Samaritaine, one of Paris’s iconic landmarks, is to be reborn following an ambitious makeover project. The famous department store, first opened in 1870, is situated between the Pont Neuf and the rue de Rivoli, close to the Louvre Museum. The 1st arrondissement (district) is the city’s luxury shop window, with some sought-after addresses.
Ask anyone which monument most symbolizes Paris and the answer is almost certain to be the Eiffel Tower. Since its completion in 1889, the 1,063-foot ‘Iron Lady’ has dominated the skyline of the City of Light and drawn millions of visitors. Not everyone appreciated Gustave Eiffel’s masterpiece at the time but now it’s one of […]
Shooting in Paris has recently finished for a new movie that delves into an aspect of French real estate law – property that is already occupied. ‘My Old Lady’ stars Kevin Kline as a penniless New Yorker who has inherited a valuable Paris apartment from his father. Arriving in Paris to take possession, he finds […]
Next up in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil, is an interview with organic gourmet grocer Lucio Hornero. Located at 43 rue de Verneuil in the 7th Arrondissement, l’Epicerie Générale, established in February 2011, offers the finest organic […]
In August, we reported on the much-welcomed tax relief on real estate sales, which was immediately applied to any sale finalized after September 1, 2013. The changes were intended to offset the government’s wholesale revision of the capital gains tax laws in 2012, which had discouraged property owners from selling and thus significantly curbed the […]
Our office manager, Faustine Cressot, introduces a new series about the neighborhood around our office on rue de Verneuil with her view of Paris, her adopted home. I am French but Paris is my second home too. I come from a small village in the French countryside, near the Swiss border. Nothing compares to the […]
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.
The average price per sale of French properties to non-residents increased by 5% in 2012 over 2011, although transaction volumes contracted. Non-residents have their main residence outside France and are liable for taxation in their country of residence.
If courtiers of the Sun King, Louis XIV, came back today they would be astonished at the changes time has wrought on the City of Light. Not only has the architectural face of Paris altered but real estate ownership has also been transformed.