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David9
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2013 Jan 1, 2:44am
Agree and noticed that as well. Even without knowing the exact math on interest rates, taxes and maintenance, it couldn't be a huge profit, or one at all, to buy (take a loan out) and rent in Paris.
Wonderful, additive free, fresh baked daily food though and a three course meal for 10 Euro. :)
Peter P
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2013 Jan 1, 3:08am
Call me crazy, many dark windows in these apartment buildings, sure, it's Paris, they could be 2nd homes.
Paris is a very popular 2nd home destination. Who is not to like to have a pad in a beautiful pre-war building on Avenue Foch?
Peter P
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2013 Jan 1, 3:10am
I really prefer food in Switzerland. The VAT on the bill in Paris makes me cry.
David9
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2013 Jan 1, 3:40am
Who is not to like to have a pad in a beautiful pre-war building on Avenue Foch?
No disagreement there. Also, the other European countries are easily accessable by train also, making the possibility of a purchase even greater. The streets and metro are constantly full of people with suitcases on wheels.
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Bon Jour,
Just got back from Paris and recovering from jet lag and thought I would post my vacation tourist observations.
1.) Paris real estate is expensive. (Duh, I know.) At least in the Latin Quarter, did not speak with any Realtor but any stroll will usually accompany an old fashioned window of paper real estate listings. Didn't see a Studio for less than 225K Euros and small two bedrooms went for 685k Euro plus. Sorry, no Versailles available in this price range.
2.) Paris rentals are reasonable. Again, from store front listings, many apartments available from 650 Euros to 1000 Euros in a decent area.
3.) Call me crazy, many dark windows in these apartment buildings, sure, it's Paris, they could be 2nd homes.
4.) Other notables, the food is wonderful and fresh, the people like to dress fashionably, everyone uses the metro, taxis are available but not anything like New York, it's easy to get lost as the streets are a collection of star shapes, and there are no 24 hour shops.
5.) For whatever reason, no one was rude to me and I found the French rather friendly actually. Just start with a formal greeting and everything is ok. Noticible difference if the formal greeting is forgot or omitted.
#housing