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.

The real estate market in Europe is experiencing significant variation by country in 2013. The good news is that, while France as a whole has seen a decline in residential property prices, Paris is attracting interest from non-European investors in particular this year 

Buyers from outside Europe – notably from Russia, China and the Middle East – are snapping up French luxury homes in the absence of European purchasers. France is one of the most popular choices for property investors from Russia and the former Soviet republics, such as Ukraine and Belarus. Mostly business leaders, they typically spend […]

Apartment buildings are subject to shared co-ownership expenses (charges de copropriété). Co-owners in Paris pay on average 48.9 euros/m2 per year for a building with all of the amenities below. For a 50m2, this adds up to 2,445 euros per year. But it’s worth noting that many buildings do not have the full range of […]