Paris Property
With its unique real estate culture (50% of Paris property is said to change hands without the involvement of an estate agent), buyers looking for a property in Paris will need to be clued up about property options, or employ the services of someone who does, for example a property finder.
Paris properties are the most expensive in France, though as with every city, some districts are rather more expensive than others. Some of the arrondissements in the central/northern area in particular have undergone huge investment and have some good property at reasonable prices.
Even at the top end of the market, a Paris property in one of the most chic quarters is unlikely to prove a poor long-term investment. Quality property in a world-class city such as Paris will always be in demand, not only as a holiday home, but also with professionals looking for short- and long-term accommodation in this thriving commercial, cultural and academic centre.
Travel around the city is easy, public transport is excellent and inexpensive. Its culture, cuisine and architecture are some of the best in the world. It is a major global travel hub and attracts visitors, and property buyers, from all over the world. Though perhaps not the first place that potential property buyers might consider when considering a property in France, with prices that are very competitive compared to London and New York, a property in Paris may be a great choice for a city home.
The Homes Overseas Guide to Buying Property in France has advice on the legal and financial aspects of buying Paris property, plus overviews and information on the buying process of Paris property.
Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.