Tranio conducted its eighth annual survey, analysing the investment and property purchasing patterns of Russian and CIS nationals abroad. The survey was primarily focussed on income property, looking at the top locations for investment, yield expectations, budgets, and preferred asset classes, as well as the general presence of Russian-speaking investors in local markets.
Despite an unstoppable growth in real estate prices in France, luxury properties keep finding buyers ready to settle in Paris or on the Côte d’Azur at any price.
MIPIM 2020 will turn the spotlight on how cities need to reinvent themselves to meet their inhabitants’ aspirations for a better quality of life.
Potential investors of French real estate should be aware of the government’s new surveillance powers to crack down on tax evasion.
French newspapers L’Obs and Le Point report that real estate prices in Paris continued to increase in 2019, attracting rich buyers while pushing less wealthy residents towards the suburbs of the French capital.
Stages of buying property in France: 9 steps that you need to do. Costs, taxes, notary fees and pitfalls in buying real estate in France.
A conference and exhibition on investment immigration and international high-end real estate.
Take a look at the best European and Middle Eastern destinations where you can enjoy
The Alps are
In France, it costs €40/sq. m. per year on average to maintain property and an owner of a 70 sq. m. apartments will pay about €2,800 per year.
A gorgeous apartment
Visas and residence permits are governed by the Law on rights for entry, stay and asylum of foreigners while citizenship procedures are regulated by the Civil Code.
For non-residents of France, taxes associated on real estate are relatively low in comparison to countries like the USA or UK.