There are no lookalike districts in the capital of France, and each arrondissement is a separate little world with its own atmosphere, history, and champions.
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.
When it comes to buying French property, foreign nationals are treated on par with citizens of France. Foreign nationals are permitted to buy residential and commercial property in France as individuals, or through a legal entity.
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.
Côte d'Azur, Paris, Provence, the Atlantic coast and the French Alps are the most popular regions for foreign property buyers. Many investors are also going for alternative destinations like rural Brittany, the Loire Valley and Normandy that offer a wide selection of housing: from ancient mansions that need to be totally revamped to modern new builds.
For non-residents of France, taxes associated on real estate are relatively low in comparison to countries like the USA or UK.
Most major French banks provide mortgage loans to foreigners; however, non-residents are subject to stricter requirements than French nationals. Thanks to the government's scrutiny of the country’s mortgage system, French mortgages are broadly considered to be some of the safest in the world.
Real estate investment funds have an influential impact on property markets around the world. In this article, Tranio expert Yulia Kozhevnikova explains how they work.
The French Riviera is a region not only of endless beaches and luxurious residential properties, but also of excellent transport infrastructure.