Avoid mistakes. Understand how the French real estate buying process works with ESREA France
Click the link below for the most recent French Real Estate Property Historical Price Trends. You will arrive at the English page on the Government of France website. The page shows historical trends in French real estate and property as of the 13 February 2018.
Latest French property historical price trends in English click here
The French tax reforms which were first announced in September 2017 came into effect on 1st January 2018.
According to this article in English on the Blevins Franks website, the main measures are unchanged from the initial draft budget.
There are significant tax cuts for investment assets and income.
Find out also about how individuals and families are currently taxed in France.
In France the top ten big towns (in no particular order) at this moment are:
One
Lille
Two
Strasbourg
Three
Lyon
Four
Nice
Five
Marseille
Six
Montpellier
Seven
Toulouse
Eight
Bordeaux
Nine
Nantes
Ten
Rennes
Eleven
Paris
According to a new article in Explorimo in French here the abililty for French real estate buyers to afford French real estate has declined over the last six months in ten of the eleven.
The only exception is Montpellier where values have actually gone down a little bit.
If you would like to be connected with an English speaking French real estate agent in your favorite French town so you can be aware of price changes contact us here. We will connect you at no charge for our assistance to you.
French real estate has it benefits but it down side is the tax impact on your capital gain or plus value.
We are a referral network so we are not experts on French real estate tax, however, from an experienced French real estate tax lawyer we got some notes to share with you below.
What is Plus Value?
We quote “A French PLUS-VALUE is the capital gain taxation that arises on the sale of a property. If you own a property in France or if you are about to buy one, you need to know what to expect when time will come to resell it.”
A qualified English speaking French tax lawyer will share with you in a short consultation how PLUS VALUE will impact you in a number of areas including the following:
One
If you are selling from abroad
Two
What exemptions may apply to you
Three
How to calculate the plus value tax
Four
How can you alleviate the level of taxation.
If you wish to receive a detailed article on Plus Value directly from an English speaking French taxation lawyer please contact us here and ask for the specific article.
Paris real estate market has been very excited over the last year and that does not appear to be ending in 2018.
According to this article in French in Explorimmo, preliminary contracts reviewed by the French notaries for sales in Paris indicate hat the prices will reach in February 2018 an average of 9200 euros / m2 for an apartment in the capital. This represents an increase of nearly 10% in the period of one year.
When you compare the sale prices per m2 now to the 4500 euros / m2 in 2005 that is a doubling in price!
If you would like to connect with an English speaking French real estate agent in Paris we can help you connect at no charge contact us here