Don't miss a single issue of French Property Insider! "Whitelist" French Property Insider by adding " This e-mail address is being protected from spambots. You need JavaScript enabled to view it " to your address book.
When you're buying a holiday home or investment property overseas, trading your currency can be a crucial cost factor. The euro exchange rate is constantly fluctuating, so trading at the right time will mean your money goes a lot further. Adrian Leeds Group, LLC and Moneycorp are working together to ensure you make the most of your Dollar or Sterling when buying a property in France or anytime you transfer from one currency to another. For more information, visit: Moneycorp The trend is down on the increase -- the same story we reported recently for Paris property prices applies to all of France. The French Property Market Report issued by the Notaires de France in January 2012 reports that 832,000 sales took place in 2011 through September, but that the pace of sales has slowed compared to 2010 from a PLUS of 32% to a PLUS of 13%. They believe this is due to the 2009 benchmark and a "string of lean months." The figures have reached the levels during the peak years between 2003 and 2007, but that the trend is headed downward in the Paris region where the figures for August to October 2011 were 6% lower than the same period the previous year and 9% below the 1999 to 2007 average. While Paris and the neighboring communities slowed the most, the number of transactions in the provinces increased 8% in the second and third quarters of 2011 compared to the same periods in 2010 and if the trent continues through fourth quarter, the number of projected sales (880,000) could beat the all time high of 837,000 in May of 2006.
Prices are up, too -- 6.4% over third quarter 2011 in spite of the slowdown in volume of sales. Apartments prices rose 9%, while homes rose 4.4% over the year. They are calling this a "plateau" -- compared to the sharp price increases Paris experienced earlier in the year. In the provinces, price increases were more moderate and the gap between apartment and home prices has not been as wide (4% vs. 3.8%), except in the Provence-Alpes-Côte d’Azur (1.5%) compared to such regions as in Rhône-Alpes and Nord-Pas-de-Calais (0.6%).
The market in the provinces is driven by a few cities where prices are rocketing about 10% annually -- Bordeaux, Nante, Nice, Toulon, Rennes. Others are falling, such as in Lille and Tours. In a number of regions, the price indexes are leveling showing signs of a stabilizing market. And buyers are older -- the over 60 year-old buyer is gaining prominence.
The Notaires de France are predicting that this will not likely be a "memorable year" for resale properties, but that the market will not sink to low point it saw in 2008. Interest rates are still low and banks are still lending, even if tightening their standards. Sales may also hinge on fiscal measures, depending on who wins the upcoming presidential elections. While the report makes no mention of the change in the capital gains tax laws, I personally think this will affect the market in a very negative sense, as fewer properties will be on the market, driving prices higher and reducing the volume of sales.
The Chambre de Notaires view the market in three parts: Paris including the Hauts-de-Seine in the Ile-de-France, the major cities in the provinces and then the rest of France. Paris is predicted to remain strong as investment property, but prices in the provinces are predicted to drop slightly. To read the report in its entirety...in English!...French Property Market Report. A bientôt,
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P.S. Yes, the banks are still lending at low rates. If you're interested in learning more about how you can qualify for a loan to purchase a property in France, visit French Property Loan or contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .  PARLER PARIS APARTMENTS
Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the "seal of approval" from Parler Paris Apartments and me, Adrian Leeds. NEW! LA FLEUR DE POITOU On the third floor of an 18th-century building in a great Marais location near the corner of rue Charlot on rue de Poitou, La Fleur de Poitou has been fully transformed into a regal home away from home. Renovated from stem to stern in 2011 by Interior Architect Martine di Mattéo, the apartment is a colorful and shining example of what is possible when good taste and savoir faire are combined. Visit Parler Paris Apartments: Parler Paris Apartments to view our full selection or email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it for more information.  HOT FRACTIONAL PROPERTY NEWS!
FOR SALE: A One-Month Share in Villa Monceau
The one-month share is half of a two-month share that rotates by three months each year -- the next date for this share is March/April 2012. When you purchase one month from the current owner, you have the flexibility to share the usage over March and April this year with a partner shareholder, a great advantage! Asking price: 82,500€. For more information email This e-mail address is being protected from spambots. You need JavaScript enabled to view it . To learn more about "What is Fractional Property Ownership?," click here: Fractional Ownership And to get the free "Paris, France Property Market Report," click here: Paris Property Report  Adrian Leeds® Top 100 Cheap Insider Paris Restaurants -- You don't need to be rich to dine well in Paris, you just need to be in the know!
Dining Travel Reference: #2 Budget Travel Guides: #8 Travel Dining Reference: #19 Online since 1996, Adrian Leeds® Top 100 Cheap Insider Paris Restaurants has been completely updated for 2011. This restaurant guide has been a favorite among visitors to France for many years. The guide includes 100 restaurants from the 20 arrondissements in Paris, so no matter where you are in the City of Light, you can discover great food and better value. You’ll find detailed descriptions of the food, service and ambiance, complete with Google maps, a glossary of French food terms and guidance on how to have the best dining experiences in Paris! If you want to dine “à la française” on your next trip to the City of Light, be sure to pack this guide. Get your copy of Adrian Leeds' Top 100 Cheap Insider Paris Restaurants.
Book your FREE personal consultation with Adrian Leeds! If you are a guest staying in any one of our luxurious Parler Paris Apartments, and would like to consider having your own "pied-à-terre" for your pleasure and profit, fill out our consultation request form for a free one-hour consultation while you're enjoying the apartment in the City of Light. Visit Parler Paris Apartments to book your stay and for more information or email Adrian at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Helpful Conversions for Real Estate 1 square meter = 10.7639104 square feet 1 hectare = 2.4710538 acres For more conversions, refer to: www.onlineconversion.com/  Practice Your French...or English!
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The luxury fractional ownership property Villa Monceau is a one-bedroom, 58 square-meter apartment located in an immaculate pierre-de-taille building in the elegant 17th arrondissement, close to Parc Monceau and the Arc de Triomphe. Villa Monceau features beautiful hardwood floors, mouldings and chandeliers, with convenient amenities such as a washer/dryer, flat-screen TV and WiFi.
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