The 17th district of Paris is on the north-west of the city, on the right side of the Seine. It is bordering with the 8th, 16th and 18th district. It certainly competed, the bourgeoisie of the 16th with its many Haussmanian-style buildings, while being the one with the fewest things to visit. Despite this, diversity can be considered as the hallmark of the borough, which contains the Batignolles Square and its lake, the new Clichy-Batignolles-Martin Luther King Park, which is part of a sustainable development approach. These are the values to which the 17th arrondissement of Paris wishes to come closer. Life in the 17th is quiet and pleasant, away from the hustle and bustle of a major capital.
The luxury property market remained strong during the year of 2016 and the trend is expected to extend to 2017.
The end of 75% taxes and the readjustment of prices of luxury real estate were triggers of this renewed attractiveness in Ile de France.
Moreover interest rates are still attractive and estimated at 2.19% in January 2016. Paris also benefits from a favorable price differential compared to other capital of luxury real estate like New York, Miami or London. Maintaining the euro against the dollar helps to maintain the purchasing power of non-European customers.
A company or an individual investor wishing to acquire a real estate will follow the following procedure:
First, there is the promise of sale which is signed between a buyer and a vendor. Then, the buyer usually places a deposit of 10% of the property price in the hands of the notary.
This security deposit guarantees the buyer's commitment. If the buyer cannot purchase or does not wish to continue with the purchase anymore, he loses the 10% he has paid which, are given to the seller. The notary then collects various documents (entitlement of the parties, mortgage situation, town-planning, property verification...). After the notary has collected all the documents, the Final Sales Agreement is signed. It is a deed and is almost indisputable in court.
French law imposes various taxes, such as the local property taxes and the wealth tax. To benefit from some tax or succession measures, it may be interesting to manage a property through a SCI. A SCI requires no minimum capital. Whatever the nationality of the buyer, any individual or legal person may be involved in a SCI. The SCI provides an interesting inheritance tax planning tool for families.
The period between November and March in France is considered as the coldest of the year. Temperatures range from 2 to 9 degrees.Business tourism does not decline due to the coldest temperatures, however the influx of foreign tourists decreases during this period.
From April onwards, the temperatures are higher, and they vary between 12 and 25 degrees on average. During this period, the attendance is quite high because in addition to tourists from all over the world, Paris hugely welcome business tourists.
The peak season includes the months of June, September and October. At this time the temperatures are still pleasant. Moreover, it is during these three months that the tourist influx is the most important. This is due to the organization of numerous events, and other international fairs, such as Rolland Garros and the agricultural fair for example.
Palais des Congrès is one of the largest place in Paris. It covers an area of more than 32,000 m2, of which approximately 20,000 m2 of gross exhibition space. At the Congress Palace, there are four amphitheaters spread over three floors and more than 100 rooms of subcommittees and meetings.
It is also home to some of the largest international congresses and trade fairs as well as events of big companies and the show of famous artists. The Congress Palace is a unique place, both modern and futuristic, adaptable to all needs in terms of events organization.
The City of Flowers is located in the heart of the 17th arrondissement of Paris, between the Batignolles and the Épinettes district. It is a private real estate site, closed to public traffic and vehicles. It was born from the idea of two owners of the time, wishing to divide their land in identical ways.
Two subdivisions have thus been created, in spite of a convention and numerous restrictions to be followed concerning the use of the roadway, the lighting, the height of the buildings. There was even an obligation to plan three flowering trees in each garden.
It is only after more than a century and a half that it appears as a unique place enjoying a verdant nature.The buildings testify to the architecture of the 19th century and still today offer true authenticity. Today, the City of Flowers is always accessible and very well preserved.
The development of Clichy Batignolles park began in 2004 with the French landscape designer Jacqueline Osty and her team. Its construction was conceived in two stages. The first one was born in 2007 with 4.3 Hectares of garden. Its objective was to make people aware of the arrival of this green space, respectful of the environment.
The second part of this project is expected to be completed in 2018 and the park should extend over more than 10 hectares and become the largest park in the 17th district. The park has also three main poles : Seasons, this theme serves as a support to determine the nature of the plantations. Water, four basins will be present and supplied with non-potable water as well as a rainwater harvesting system then used for watering the Park. Sport, with the installation of a skate park, Basketball court and other areas of "ball games". Moreover, its geographical position, between the districts of Batignolles, Épinettes, Monceau, Pereire and Clichy makes it a real strategic location for their inhabitants.
Paris is the French capital, its agglomeration includes more than 20 million inhabitants. Paris is at once the economic, political and cultural capital of France. The capital is full of famous places such as "The Eiffel Tower", "Triumphal Arch", "Notre Dame Cathedral" or "The Louvre Museum". Paris is the third world touristic destination in 2016 behind Bangkok and London. Paris is a very popular destination for investors, it is quite possible to enjoy a prestigious property in Haussmann-style buildings, or a property that overlooks the “Jardin des Tuileries, the “Palais Royal” or the edges of the Seine....