Posts Tagged ‘Auction’

Paradise in Paris

September 28th, 2022

The minute one hears the word Paris all one can think of is limelight, Europe luxury hotels, glitter and lots of style. “The City Of Light” is one of the most popular cities for Paris hotels deals and Europe luxury hotels of the world and generates over 30 million tourists each year. Holiday Paris is the one stop destination for all romantic allure and luxury hotels Paris France.

Sitting in your Paris Luxury hotels room with the one you love overlooking the Eiffel Tower, the very thought of it seems like a dream come true for all romantics around the globe. If you’re planning a holiday in Paris it doesn’t matter whether you’re with your family, loved one or alone. All that matters in Holiday Paris is luxury, comfort and perfect enjoyment of the city with Best Paris hotels.

If you want your holiday in Paris to be the most memorable one ever, all you need to is incorporate the all the luxuries available in to your Paris holiday package. All Luxury hotels in Paris make it a point to serve their guests with élan. Well decorated hotel suites, modern amenities, Paris Luxury hotels serving the choicest of cuisines, car rental services, fitness centers, conference rooms, 24 hours room service are only a few of the luxuries that Paris’ top hotels shower their guests with.

The Future of Real Estate in Paris, France

April 20th, 2022

Paris is changing. Squats, prostitutes, gangs of youths and dark, unlit alleyways are becoming memories of a shady and soon to be distant past in the French capital. There is still some way to go before the city completes its transformation but in the meantime, it is very interesting to observe,especially for those of us who are interested in real estate and who enjoy snapping up a smart deal in a district about to become fashionable.

So what exactly has brought about the initiative to transform Paris itself?

A few years ago, there were a number of disastrous fires in squats in the city centre resulting in tragic circumstances. The centre right government immediately agreed to eradicate any remaining squats following the incidents, and in doing so have been improving general security and increasing police presence in the city. France had long been governed by a centre left Socialist party who tended to have a relaxed attitude to police presence and security, giving a higher priority to social security and maintaining generous state pension plans instead. The current changes of today reflect the new priorities in French life.

Green politics in France make the future very bright

In addition to this, the need for green politics in the French capital is stronger than ever. The future of central Paris is one of efficient, silent public transport, few cars, reduced pollution and paved streets. The future of Paris as a far more agreeable and pleasant place to live is contributing to the high buyer demand for Paris real estate. Couple this with the reluctance of property owners to sell and a tense market with increasing prices and the story of 2010 unfolds before you.

The ongoing improvements are costing Paris taxpayers money, driving prices up steadily but solidly and will eventually mean many people will need to move to the suburbs in order to maintain a similar lifestyle. The suburbs may then eventually improve themselves following the absorption of many young professionals with reasonable salaries. Fortunately for those of us with lower salaries, new and affordable housing is being planned for 2015.

Grand Paris

Furthermore, current president Nicolas Sarkozy intends to pursue the completion of “Grand Paris”. Is this urban renewal plan, that mostly affects the suburbs closer to Paris, having an influence on property prices inside the capital itself?

Grand Paris is essentially a transport and urban project. Tramways, extension of metro lines, linking business poles with airports and the regeneration of some of the outer limits of Paris appears to be leading to a general hike in prices, especially in the areas near to where new stations are planned. Added to this is the promise for 70 000 new homes per year to be built as opposed to the 35 000 (approximate) new constructions per year in 2010 in Île de France (Île de France is the region where Paris and suburbs are) and we can envisage the strong likelihood of renewal and change in the coming ten years.

Notably, new and lower priced housing is likely to be serving families with lower incomes and individuals in suburbs further away from Paris. Existing and new housing in close suburbs (Clichy, Argenteuil, Montreuil, Aubervilliers) is already increasing fast in value.

Paris is becoming like the centre of London and Manhattan: prices are catching up and the surrounding areas will become the choice for many new buyers from around 2015.

Our recommendation

Buying or having an apartment in Paris is not yet a luxury, but it will be in 5 or 10 years time. Although good bargains are hard to come by, they can still be found using the right approach. Adopting a creative attitude to apartment searching in order to break away from the beaten track of fast thinking property sharks and investors should put you in a strong position. Investing in areas which are central enough and have yet to see improvements may mean that you as a buyer avoid paying excessive prices whilst at the same time, having your apartment appreciate in value more than other surrounding districts.