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Market analysis
06/11/2015
REAL ESTATE The capital is overtaken by Hong Kong, Monaco, New York, London, Tokyo and Moscow ...
In small increase (if not stagnant) since 2012, the price of the stone to Paris retains today favors buyers worn on the luxury real estate. A ranking by the real estate consultancy Savills group, and relayed by the specialized site SeLoger, instead indeed the French capital seventh among the most expensive cities in the world.
A ranking dominated by Hong Kong, although the Chinese autonomous administrative area is increasingly threatened by the explosion of the housing bubble. In Paris, 1,648 apartments more than 1 million have been acquired during the past year, including 13% foreign buyers.
French tax less and less seen as a barrier to purchase
Best thing about Paris: 'ability to generate real estate gain in the long term', according to the consulting group, which believes that the capital also benefits from the dramatic jump in prices among its rivals, including London and New York.
Moreover, the French tax would be less and less seen as a barrier to purchase, especially that 'a decision of the European Court of Justice reduced the capital gains tax real estate, changing loads social for non-residents. It rose from 34.5% to 19%, 'says the firm Savills, which collects there an additional attractiveness reason for the City of Light.
© 20minutes.fr - published on Barnes Paris on 06/11/2015
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