Selling Real Estate in Paris
We market your property to international buyers as well as local ones,
boosting the number of offers and maximizing sale price.

With no centralized database of properties in Paris and an “every agent for himself” mentality, it can be challenging to find an agent you can count on to work hard and represent your interests. For this reason many owners choose to list with several agents in the hopes that their property will get better exposure. But what they end up with is a race to sell the property quickly, often at a lower than optimal price, as each agent’s primary interest becomes their own fee on the sale. 

Our clients appreciate our fresh, client-based approach.

We provide you with an honest valuation and propose an ambitious sales strategy that is tailored to meet your time-frame. We advertise your property extensively in  The New York Times, Wall Street Journal, PropGoLuxury, Financial Times, Mansion Global and Juwai and more to attract buyers worldwide. From the start we offer a commission share on the listing to any other agency, thus casting the widest net possible, boosting the number of offers and maximizing the sale price. We negotiate vigorously and meticulously manage the entire process from showings through to close, to ensure the best conditions for you on a smooth and successful sale.

Our Leverage Global Partners Network puts your property in front buyers worldwide.

Why Paris Property Group?
Client stories
“Paris Property Group sold my apartment in Paris within weeks of listing it and for full asking price.”
Read the story
Jas created a magical pied-a-terre, and when it came time to sell, he entrusted Paris Property Group to sell the one-bedroom, one-bath 4th floor walk up flat. PPG set an ambitious price, created compelling marketing materials with beautiful professional photos, and partnered with other agencies to attract the perfect buyer. The property was sold quickly and at full asking price. Jas was thrilled to have a buyer who loves the place as much as he did.
Know before you sell
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    What other costs and fees will I pay when I sell my apartment in Paris?

     

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    How much capital gains tax will I have to pay when I sell my French property?

     

  • How will visits to my property be scheduled?

  • What are the necessary steps for selling a property in France?

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    Will you work with other Paris real estate agencies to sell my property?

     

  •  

    What do I need to do to prepare to sell my Paris apartment?

     

  •  

    What makes Paris Property Group different?

     

What other costs and fees will I pay when I sell my apartment in Paris?

Agency fees are included in the listing price that buyers see for a property. 

  • From 200 000 € to 400 000 € 7% incl taxes
  • From 400 000 € to 600 000 € 6% incl taxes
  • More than 600 000 € 5% incl taxes

The rates indicated are inclusive of taxes at the french rate of 20%.

The purchase is ordinarily structured so that the buyer pays the seller and the seller pays the agency out of his total. But, it is also possible for the purchase contract to separate the two, with the buyer paying the seller his net price and the agency fee separately.

How much capital gains tax will I have to pay when I sell my French property?

The capital gain realized on the sale is calculated by subtracting the purchase price from the selling price. That amount is then reduced by certain expenses, including fees paid to licensed real estate agents (at purchase or sale), notaire fees paid by the seller when he purchased, and certain renovation and improvement expenses. After 5 years of ownership, a seller can either itemize actual renovation expenses, or add 15% of the purchase price to the basis of the property as the value of improvements (even if no improvements were made).

Capital gains tax:

There is no capital gains tax on the sale of a primary residence in France.

For a secondary residence owned either individually or through an SCI, the amount of capital gains owed at the time of sale is determined by (1) the fiscal residence of the seller, and (2) the number of years that the property was owned by the seller.

As of January 2015, a base rate of 19% capital gains tax is imposed on the sale of real property by any individual, regardless of his residency. Under prior law, rates varied between 19-50% depending on the seller’s country of residence.  

The base amount of tax owed is reduced starting after 5 years of ownership, as follows:

Years 6 through 21: 6%/year

Year 22: 4%, after which there is no capital gains tax to pay upon sale.

Social charges:

Until January 2015, a further 15.5% of the gain realized on the sale was paid to the government as social charges (essentially payroll tax). The social charges were also subject to a reduction schedule, albeit over a 30-year period.

A court has again intervened, this time to declare such charges illegal as applied to residents of other EU countries. Regulations are expected to broaden the reversal of social charges such that they will only be imposed on French residents.

Both of these laws are set to apply retroactively up to two years.

Any tax due is calculated and collected by the notaire at the closing of the sale. A nonresident seller who owes tax on the sale is required to take out a guarantee that insures that the correct amount of tax was paid. The cost of this insurance is about 1% of the selling price of the property. This requirement will probably be eliminated, at least for EU-resident sellers, once the expected regulations are issued. 

How will visits to my property be scheduled?

While you get the advantage of our multiple listing approach by having many outlets working to sell your property, Paris Property Group manages all the visits and controls all the listing information for the property. This ensures that the information is communicated effectively and correctly. We are present for all visits, inter-agency or otherwise, and provide each potential buyer with complete information on the property so that they are well-informed and can act quickly to make a decision about whether they want to pursue their interest. We work out a set schedule of visiting times with you, to have the least impact on your day and give you a fair chance to put things in order so that the property presents at its best.

What are the necessary steps for selling a property in France?

The selling process is divided into two stages. The sale is first formalized by a preliminary contract that may be prepared either by a notaire – a promesse de vente – or by an estate agent or privately between the parties – a compromis de vente

In either case, the seller is obligated to sell immediately upon signature, whereas the buyer has a 7-day period of reflection during which he can withdraw from the purchase without any financial penalty.

The sale is finalized with a formal deed of sale, the acte de vente.  Regardless of the form of the initial agreement, the signing of the acte de vente is overseen by a notaire.

Once the preliminary contract is signed, it is ordinarily between two to three months until the acte de vente is signed. During this time, the buyer obtains any needed financing, and the buyer’s notaire verifies good title to the property and takes care of other legal and administrative requirements surrounding the sale.

At the signing of the acte de vente, the buyer pays the purchase price plus all taxes, fees and commissions, the keys are handed over by the seller, and ownership of the property passes to the buyer. From the signing of the preliminary sales agreement to the final closing, the process generally takes between two and three months.

Will you work with other Paris real estate agencies to sell my property?

Paris Property Group is unique in the market and operates completely differently than any other French real estate agency.  Simply put, our goal is to get the best selling price for our clients through wide but well-controlled exposure of the property: We work directly with other agencies, private buyers, and our network of Notaire, developer, rental and architect partners, as well as listing it on public sites such as bellesdemeures.com, to find a large number of buyers at once and get the price bid up as high as possible.  

We stand by our commitment to act in your best interests. When we work on an exclusive contract with our clients, the commission fee is 5% if we share the sale with another agency, but we reduce our fee to 4% if we sell the property on our own. The reduced fee is our guarantee to you that our interests are aligned with yours, to ensure that you get the maximum possible out of the sale.

We do not post the listing and then wait passively for a potential buyer to come along as French agencies do.  

You would have to list with quite a few regular agencies to achieve the same result, but that can backfire because buyers are suspicious of a property that is listed in every window. Furthermore, all those competing agencies just want a quick sale so they can beat out their competitors, they don’t try to maximize price. We sell properties quickly, for the highest possible price.

What do I need to do to prepare to sell my Paris apartment?

A seller must provide the buyer with the results of 6 required diagnostic examinations:

  • loi carrez – precisely defined measurement of the surface area of the property
  • presence of lead
  • presence of asbestos
  • presence of termites
  • condition of the electricity installation
  • condition of the natural gas installation
  • assessment of the quality of insulation, gas emissions, etc. (graded on an energy index)
  • presence of any natural/environmental risks (for example, flood zone)

As of January 2011, the results of the energy performance test must be included in the property sale listing. Since all the diagnostic tests are done by one company, it makes sense to get them all done before the property is listed.

What makes Paris Property Group different?

An exclusive listing agreement with our agency is better than listing with many agencies:  you get the advantage of having many agencies working to sell your property in the style of a multiple listing service, but we manage all the visits and control all the listing information for the property, to ensure that the information is communicated effectively and correctly so that the property is presented in the best way possible.

From the first day we take on the sale of your property, we share the listing with select real estate agencies in the property neighborhood, and other agencies that specialized in your type, size or property location. If you have agents that you are particularly interested for us to work with, we are glad to share the listing with them as a priority. We are present for all visits, inter-agency or otherwise, and provide each potential buyer with complete information on the property so that they are well informed and can act quickly to make a decision. If you will be there during the sale period, we work out a set schedule of visiting times with you, to have less impact on your days and give you a fair chance to put things in order so that the property presents at its best.

Paris Property Group is unique in the market and operates completely differently than any other French real estate agency. We find that our detailed, comprehensive approach to positioning and marketing property consistently brings in higher prices and more serious buyers.

Miranda, the founder of the company, is American, and she has a different way of looking at client service than our French colleagues and it shows in everything we do.  Simply put, our goal is to get the best selling price for our clients through wide but well-controlled exposure of the property to generate a number of buyers at once and get the price bid up as high as possible.

We do not post the listing and then wait passively for a potential buyer to come along as French agencies do.

You would have to list with quite a few regular agencies to achieve the same result, but that can backfire because buyers are suspicious of a property that is listed in every window. Furthermore, all those competing agencies just want a quick sale so they can beat out their competitors, they don’t try to maximize price. We sell properties quickly, for the highest possible price.

Paris By Neighborhood
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Paris: 1st arrondissement

The heart of Paris, the first arrondissement is home to some of Paris’ most celebrated historic sights, including the Tuileries garden, the Louvre museum, and the Palais Royal and its gardens. Walking through this elegant neighborhood, especially down the rue Saint Honoré with its high-end designer shopping and trendy restaurants and cafés, is a luxury Parisian experience. Filled with grandeur and history, the 1st arrondissement is also one of the most expensive in the city.

Average price: €12,820/ m2; -1.8% over 1 year; + 21.3.6% over 10 years

A small apartment in this historic neighborhood remains costly. In the most coveted neighborhoods – from the Tuileries gardens to Palais Royal and around the Banque de France – apartments are particularly hard to find and can easily fetch top prices for the best properties.

Current Market Prices — 1st arrondissement

Neighborhood Price/m2 in euros
Low Medium High
Saint-Germain-l'Auxerrois € 9,523 € 13,807 € 28,514
Les Halles € 8,962 € 12,253 € 16,843
Palais-Royal € 10,218 € 13,497 € 19,547
Vendôme € 9,710 € 14,203 € 22,383

Choose another arrondissement

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Contact us
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In France +33 (0)9 75 18 18 99
From the US (917) 779-9950
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