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Paris Property: Hope Springs Eternal, Or at Least All Summer?

French Property Insider
Volume XV, Issue 21
Thursday, May 25, 2017 • Paris, France

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ADRIAN LEEDS GROUP APARTMENTS

Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the "seal of approval" from Parler Paris Apartments, Paris Sharing and me, Adrian Leeds.

Adrian Leedws Group Apartments - Le Quai aux Fleurs
LE QUAI AUX FLEURS

One of the best locations in Paris! This gorgeous two-bedroom haven is found on Ile de la Cité, one of the two islands that sit in the center of the Seine River in the heart of the city. It is just steps from the short pedestrian bridge leading to the other island, the Ile Saint-Louis, just behind Notre Dame, and the apartment offers a view of the towers of the world's most famous church.

This exquisite apartment is on the third floor (European) of a well-maintained 18th-century building. Its modern elevator makes it simple to access and you’ll be glad that you did! Beautifully decorated and fully-equipped with every comfort you could desire, this is the ideal home away from home in Paris.

Visit Adrian Leeds Group Apartments to view our full selection or email: [email protected]

FREE one-hour consultation! Guests of the Adrian Leeds Group apartments who are considering the purchase of their own "pied-à-terre" for pleasure and profit, can take advantage of a free one-hour consultation while enjoying the apartment in the City of Light or on the Riviera. Simply complete the request form to book your consultation.


Bonjour French Property Insider Subscriber,

My geraniums are alive and well, as healthy and robust as they have ever been. So is the French property market.

Place des Vosges - Paris, France

Place des Vosges - Paris, France

I can tell you from recent experience that there are five buyers for every property on the Paris market ready to plunk down asking price with no negotiation and signing the documents ASAP so as not to miss an opportunity. Cash speaks loud and clear as the sellers are choosing among potential buyers for the one with the least amount of risk to close as soon as possible.

As a result, prices are going up as I write this. Agents are getting too full of themselves as they lie to or berate their potential buyers because there are more where they came from. If they lose one or two they don't care. As a buyer, you must be prepared to say "I'll take it," pay the full price and either have your financing lined up, or money ready to transfer. We speak from personal experience. At this moment, it's a dog-eat-dog world on the Paris property scene and I'd advise never to attempt the process alone.

The market is going to get even healthier if newly elected President Emmanuel Macron fulfills his promises to reduce "Taxe d’Habitation" which is predicted to give the property market a real boost. The self-employed will find it easier to get mortgages. A reduction in corporate taxes will attract foreign corporate investment, as well as more international buyers, not only because of a more unified E.U., but because his ideas to restrict wealth tax to property assets only will motivate wealthy owners to sell their properties, therefore encouraging foreign buyers to seize the opportunity. If his new party has a victory in the upcoming June parliamentary elections (expected), he'll be able to push through his new policies easily. His policies also include a support of the construction of new housing to reduce the housing shortage, particularly in Paris. If he does that, then perhaps City Hall won't be so vigilant toward owners of secondary properties who are renting short term to help cover their costs.

The property market is already hopeful and it's showing. Hope is what it's all about, since that gives investors the confidence that they are making wise decisions in investing in Europe's future and therefore their own. Now is the time to buy. During normal times, from mid July through the month of August, can prove fruitless in the property hunt as owners and agencies take their annual vacations...but this year, I'm not so sure! We may see a real surge during the summer for the first time in many, many years, thanks to the renewed hope and strong demand.

Macron interview in Business Immo

Note: To learn in depth Macron's proposed reforms, read his interview at Business Immo.

A bientôt,

 

Adrian Leeds - Paris, France

Adrian Leeds
The Adrian Leeds Group

Respond to Adrian:

[email protected]

 

  


 

North American Expat Financial Forum

P.S. Today is the last day to register for the North American Expat Financial Forum! Hosted by Dunhill Financial and the Adrian Leeds Group and sponsored by Moneycorp Currency Specialists and Caye International bank, the event is FREE!* Plus, stay for dinner with us at Chez Jenny!

Tuesday, May 30, 2017
4 to 8 p.m.
Chez Jenny, Paris, France

Please note that in place of Amaury de Monclin of Bluesky Finance, Kim Bingham, Head of International Markets at La Centrale de Financement and Taux Privé, Groupe Artemis - Financière Pinault, will be presenting “The 101 Course on Financing Your French Property.”

*Attendies must be 18 years of age and older, must reserve in advance. Seating is limited, so reservations will be taken on a first come-first serve basis. To reserve your place at the conference email [email protected]!

To reserve your place for dinner, download the pdf form, print it, complete it and scan and send it to [email protected] or fax it to +1 (415) 520-1429.



ADRIAN LEEDS GROUP APARTMENTS

Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the "seal of approval" from Parler Paris Apartments, Paris Sharing and me, Adrian Leeds.

Adrian Leeds Group Apartments - La Sainte Catherine

La Sainte Catherine

Here's your chance to stay in an apartment dating back to 1768 with aged exposed oak beams and parquet flooring, set against lusciously-colored furnishings inspired by the Orient, superbly located in the heart of Le Marais with a view on the Place du Marché Saint-Cathérine and a block away from the famous 400 year-old Place des Vosges.

Visit Adrian Leeds Group Apartments to view our full selection or email: [email protected]

FREE one-hour consultation! Guests of the Adrian Leeds Group apartments who are considering the purchase of their own "pied-à-terre" for pleasure and profit, can take advantage of a free one-hour consultation while enjoying the apartment in the City of Light or on the Riviera. Simply complete the request form to book your consultation.


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