Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
As part of the jubilee celebration of the 850th anniversary of Paris’ Notre Dame de Paris, nine new bells were installed to replace four dilapidated bells in the renowned cathedral in the heart of the city. The new bells first rang on March 23rd, in time for Palm Sunday and Easter week. The sound of […]
It may have snowed in Paris on March 12th, but the Paris real estate market is ready for its annual spring takeoff. Where do things stand for the interested buyer?
The Concorde luxury hotels portfolio – including the luxurious Hôtel du Louvre and Concorde Lafayette Hotel in Paris, sold to Constellation Hotels France, a Middle East-based investor with global hotel holdings. Jones Lang LaSalle Hotels represented the seller, Groupe du Louvre, a subsidiary of Starwood Capital. Starwood acquired the hotels as part of its takeover […]
Perched high on a hill overlooking Paris in the highly prized Butte Montmartre neighborhood of the 18th arrondissement, a top floor duplex in Dalida’s former Montmartre home is currently on the market.
The climate is looking more favorable for real estate investment in Europe with many viewing the Eurozone debt crisis as a potential stimulus for activity, a new survey from Ernst & Young shows. Both volumes and transaction size in 2013 are likely to exceed levels seen in 2012.
Within weeks of proposing a temporary 20% reduction in capital gains tax on second home sales in France the government has reversed course, increasing the tax on large gains instead. Of course tax rates on long term capital gains are likely to change before today’s buyers need ever worry about them, but for the moment […]
A buyers market this spring, but a stronger second half predicted. MeilleursAgents.com, the notaires of Paris, and an article in Direct Matin yesterday, all have come out with their assessments of what transpired in the Paris real estate market during 2012 and what is predicted for 2013. The market was relatively frozen during the fall […]
French mortgage rates are starting to spell good news for borrowers, dropping to 3.31% in November. We could see a new record low if this trend continues.
French President, Hollande, has apparently ordered all French shops, offices and public buildings to extinguish their nightlights between 1 a.m. and 7 a.m. as of July 2013, causing businesses dependent on tourists to wonder if the city is being penny-wise and pound-foolish with these cost cutting measures.
Paris Property Group was featured in the December issue of Le Style magazine. Find out who’s buying, where they’re buying and why…