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French Real Estate New Infographic: National difference List and Sale Prices

Nationally the French real estate prices have dropped, according to a new survey done by Orpi, Le Figaro and Explorimmo. Original here in French

The National difference between list price and sale price is

Minus 4.74 percent

**
For a Studio (Apartment without a separate bedroom)
Minus 4.48 percent on average

**

For an one bedroom apartment
Minus 4.32 percent on average

**

For a two bedroom apartment
Minus 4.38 percent on average

**

For a three bedroom apartment
Minus 4.47 percent on average

**

For a four bedroom or larger apartment
Minus 5.15 percent on average

** prices are base on a survey of information between February 2014 and February 2015.

If you need the details explained more including the details in French in the linked article we can help you contact an English speaking French real estate in your area of choice. We do this at no charge to you. Contact us here.

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Paris France Real Estate Prices Continue to Fall

At the end of March 2015 the average price per meter squared in the always desirable city of Paris has gone below 8000 euros.

This is for pre-owned French real estate in Paris.

The price has dropped the most in the most desirable Arrondissements in Paris, according to MeilleursAgents.com.

Find details on all the arrondissements in Paris here.

The overall average price is now 7795 euros / m2.

Worth noting since the height of the market in June 2011 the prices in Paris have gone down 9.7 percent.

If you need to find an English speaking French real estate agent in Paris you can find one here.

If you need any assistance please contact us today.

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What is the cause of the French new housing crisis?

According François Payelle, president of the FPI in France, the cause of the French real estate new housing crisis has been because of four damaging factors:

First
The access to land in France to build on has been made artificially scarce due to the rules of urban planning in France.

Two
The rules of construction have made the cost of construction rise by up to 50 percent in the last ten years.

Three
Rules controlling investment have reduced the number of investors buying new real estate so that there are 40,000 less investors in 2014 compared to 2010.

Four
France has the highest level of taxation on new construction in the whole of Europe.

Read the original source article in French here.

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French Real Estate New Infographic: Difference between List and Sale Prices

Just published in the real estate section of Le Figaro, a  well known French newspaper is an infographic that illustrates the difference between the average posted list price on a property in France and the average sale price.

Here are the list of areas and the percentage reduction of price that lead to a sale.

The period studied is between February 2014 and February 2015

Lille
Minus 5.09 percent

Rennes
Minus 2.42 percent

Nantes
Minus 4.88 percent

Paris
Minus 2.88 percent

Strasbourg
Minus 4.48 percent

Bordeaux
Minus 3.53 percent

Lyon
Minus 2.75 percent

Toulouse
Minus 4.83 percent

Montpellier
Minus 5.20 percent

Marseille
Minus 3.94 percent

Nice
Minus 4.84 percent

INFOGRAPHIC

You can now click on this link to visit the original article in French and scroll down for the infographic.

If you would like a English speaking Bilingual French agent to explain to you the details (since the infographic is in French please contact us here. We are here to help.

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Important Notice: French Property Owners of UK Property

Are you a French resident with UK property?

If you are a French resident who still owns property in the United Kingdom you need to be away of a tax change.

According to a new article posted by Blevins Franks if you expect to sell a UK property in the future while you are still a non-UK resident then due to the new tax changes you will be liable to tax.

This new rule comes into effect as of April 6th 2015.

Make sure you know how this may or may not impact you.

To learn more details please read this article.

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