In the French pa­pers

French Property News - - News -

Le Nou­vel Ob­ser­va­teur

New-build prop­erty sales have in­creased more than an­tic­i­pated in 2016, reach­ing 133,600 sales, ac­cord­ing to the Con­struc­teurs et Amé­nageurs de la Fédéra­tion Française du Bâ­ti­ment. This rep­re­sents an in­crease of 19.5% com­pared to 2015 and sales have been par­tic­u­larly high in the west­ern de­part­ments of France.

Le Fi­garo

Some Bri­tish busi­nesses have said they will re­lo­cate to Euro­pean cities as a re­sult of the Brexit ne­go­ti­a­tions start­ing, but that their first choice wasn’t nec­es­sar­ily Paris. A study by Movinga, an on­line plat­form as­sist­ing with mov­ing to Europe, showed that Bri­tish bank­ing busi­nesses would rather re­lo­cate to Dublin, Am­s­ter­dam or La Valette in Malta while Paris was only in ninth po­si­tion of pre­ferred re­lo­ca­tions for banks. Start-ups also shied away from Paris, in 11th place on the start-ups busi­nesses’ pref­er­ence chart, with Berlin, Warsaw and Budapest favoured in that or­der.

A lux­u­ri­ous villa on the French Riviera has been put on the mar­ket for €90m. The spec­tac­u­lar Belle Epoque prop­erty is lo­cated at Ro­que­brune-cap-martin and of­fers 850m2 of liv­ing space set on 4,000m2 of ex­otic land­scaped gar­dens that stretch all the way down to the sea.

Le Monde

The on­line sales plat­form Leboncoin.fr has seen its im­mo­bilier cat­e­gory in­crease the num­ber of prop­erty list­ings to reach 1.4 mil­lion prop­er­ties for sale in 2017. It claims to re­ceive 9.3 mil­lion vis­i­tors to this sec­tion of the web­site alone and is lead­ing the on­line mar­ket, over­tak­ing com­peti­tors such as Su­per­immo.com, Sel­oger.com and Logic-immo.com.

Le Parisien

Airbnb has sug­gested lim­it­ing book­ings to 120 nights a year in Paris in a bid to limit the num­ber of nights own­ers let their prop­erty out. The sug­ges­tion comes from Airbnb France’s man­ag­ing di­rec­tor, Em­manuel Mar­ill who took up the po­si­tion in Septem­ber last year. He claims, how­ever, that on av­er­age, a Parisian host will let out their home 33 nights a year.

The French gov­ern­ment earned €574m last year by sell­ing prop­er­ties it owned. A to­tal of 920 gov­ern­ment-owned prop­er­ties were sold last year to prop­erty devel­op­ers, com­mu­ni­ties or pri­vate in­vestors. Al­though most of these build­ings are dis­used of­fices, apart­ment blocks or plots of land, some as­sets are more un­usual. Ex­am­ples include an an­cient prison in Grasse sold for €500,000, an old fort in Manche sold for about €100,000 and even a tiny 17m2 chapel in Deux-sèvres sold for €400.

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