It can be strange that Brexit has an influence on the price of real estate in Paris – but that’s true. France and Britain are neighbour countries, and many Frenchmen work in the Albion. And coming Brexit forces a lot of wealthy guest workers to go back to the homeland.
According to a recent research by LPI-Se Loger, average cost of residential real estate in Paris in October 2017 was 9,170 Euro per square meter. At the same time, in other regions of France the price of a “square” in the apartments is only 3970 Euro. As for the metropolitan city, this level is a new record!
What could we possibly say about the delights of Paris that everyone from travel agents to history’s finest novelists hasn’t already said before? There’s little to add, really. So let’s just keep it simple: it’s a beautiful city. It’s also one of the most popular tourist destinations in the world, with some people estimating that there are times in the year where the city is filled with more tourists than citizens!
So it shouldn’t come as any surprise that Paris is a fine place to buy and sell real estate. But you really shouldn’t get into such a game unprepared. A lot of people attempt to get into Parisian real estate – from the delightful properties in Champs-Élysées and Montmartre to the flashy apartments in the arrondissements – without being properly prepared.
Here are ten useful tips on selling real estate in Paris.
It’s hard to believe in but about 25 percent of the apartments and houses in four central arrondissements of Paris are uninhabited. And this is no less than near 20 thousand objects of residential real estate.