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Crackdown on Private Landlords - Paris moves to free up housing in the city centre

Recent moves made by the City of Paris to apply laws restricting the rental of apartments in central Paris may have significant effects for thousands of private owners, in Paris and abroad.  According to the Prefecture de Paris, nearly 38,000 apartments in Paris are being rented for short stays and moves to prosecute some owners of these properties have begun.The reasons cited for the application of this law is to alleviate the chronic shortage of affordable housing in the city centre (see our posts about this from 2006).   Bonapart Paris's Owner, Susie Hollands and well known blogger about French life and property, Tony Tidswell, held a meeting with François Plottin, Chef du Bureau, at the Mairie de Paris’ Direction du Logement et de l'Habitat in Paris on Wednesday, 19 November and Thursday 26 November 2009.



Report on L'Express on the housing shortage in Paris.

It is technically illegal for any owner of a property in Paris not classified as commercial to re-let their property for any period of less than one year. The sole exception is for student rentals, where the term can be no less than nine months.    Property owners are obligated to make sure their apartments, and the rental activity, comply with the law, in order to satisfy the legal aspects Paris has set for retail rental "commercial activity" and we are assisting our owners to regularise their situations  Any apartment advertised for short-term rental can be considered as having been rented, and therefore scrutinized under the law, by the authorities.

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Bonapart launches property sales portfolio

Rivoli

Bonapart Consulting is delighted to announce our move into the real estate sales market with a selection of prime hand-picked properties, all centrally located in the heart of Paris. You can look at the portfolio here.

These apartments are generally renovated and perfect for overseas buyers, either as a pied-à-terre or a rental property. Most of our properties are on an exclusive mandate basis with the option of being sold fully furnished. Many of these apartments belong to owners who have bought, and have been renting, via Bonapart.

We therefore have rental occupancy records for buyers looking to invest in a quality pied-à-terre with the ambition of renting it at a later date. It's our pleasure to provide a detailed rental income analysis whether we have been renting the property or not. With our experience in the rental market, we are also able to provide an evaluation and projection of occupancy for new apartments arriving on the market, as we will only be handling sales of properties that we personally believe in, and would be interested in offering to our discerning rental clientele.

Renovation needs can be handled in house to suit differing tastes and budgets. Our services extend to renovation and refurbishing by our qualified in-house English speaking professionals in order to further enhance the quality of the property for the new owner, or their potential rental clients.

These properties offer a complete package for the future buyer, as the apartments are generally already referenced on our site and have a steady flow of return clients. Many are being or have been used as rental properties, and our reservation and maintenance teams are very familiar with any particular quirks or special needs, the buildings and areas where they are situated.

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