PROPERTY MANAGEMENT PARIS
Bespoke property management services and administrative support for your Paris pied-à-terre.
Responsiveness. Reliability.
With over a decade of previous experience in real estate law, we bring a unique combination of legal expertise and hands-on knowledge in the management of Parisian properties and co-ownerships (condominiums).
We understand the intricacies of French property ownership, co-ownership regulations, and administrative procedures, ensuring that your property is managed with professionalism and compliance. Whether it is dealing with co-ownership managers (called “syndic” in French), liasing with French administration, understanding tax obligations, or managing property-related matters, our background allows us to anticipate and solve potential issues before they arise.
What mandatory annual taxes, costs and fees must be paid when owning a property in Paris?
WHY CHOOSE US?
In-depth expertise in Parisian property management
Entrusting your home to the right people is crucial. Over the years, we have built strong relationships with skilled and reliable professionals, including maintenance specialists, contractors, architects, and legal/tax advisors.
We oversee every aspect of your property’s upkeep, ensuring that all work is carried out efficiently without unnecessary intermediaries or inflated costs. If you have preferred tradespeople, we are happy to coordinate with them to maintain continuity and quality.
Fairness is at the core of our services. Unlike many agencies, we do not take any commission or markup on the fees of third-party service providers. You only pay for the actual cost of services, ensuring full transparency and fairness.
Our goal is to provide high-quality service while respecting your financial interests.
Every property owner has unique expectations, and we take the time to understand your specific needs.
Whether you require full management or occasional administrative assistance, we offer personalized services designed to make your life easier.
From overseeing renovations to handling insurance claims or providing white-glove concierge services, we tailor our approach to fit your preferences, ensuring you receive exactly the level of support you need.
Tailored and flexible management services
Local expertise with a global perspective
Managing a property in Paris from abroad can be complicated, but with our expertise, you can rest assured that everything is taken care of.
We act as your local representative, ensuring that all practical and administrative aspects of property ownership are handled seamlessly.
As a Paris-based firm working exclusively with international owners, we understand the concerns of absentee owners and provide clear, proactive communication to keep you informed at all times.
Many of our clients value privacy, and we take confidentiality very seriously.
We ensure that all aspects of our collaboration remain discreet: your personal information, property details, and financial data are always handled with the utmost confidentiality.
Confidentiality and discretion
Owning a property in Paris should be a pleasure, not a burden.
Our mission is to offer seamless, worry-free management that allows you to enjoy your investment without the hassle of day-to-day administrative and maintenance concerns.
With our expertise, trusted network, and personalized approach, you can be confident that your Parisian home is in safe hands.
Complete peace of mind
A trusted network of professionals
Integrity, transparency and fair pricing
About us
Shirin Grébert is the head of RPM-Paris.
She holds a Master’s degree of Civil law (Pantheon-Assas University - Paris) as well as an international law diploma. She also graduated as a Notaire. She worked for 10 years as an associate Notaire at a renowned firm in Paris - in France, a Notaire is a high-ranking public officer who specialises in real estate and family law, including drafting and finalising contracts/deeds, client advice and supervising the real estate transactions.
Throughout her professional experience, she worked for international clients, providing assistance along the sale/purchase process.
As the leader of RPM-Paris, Shirin currently delivers bespoke services for her international clients, helping them manage and take care of their properties with responsiveness, reliability and confidentiality.
How does a French co-ownership work and what does it imply?
Many buildings in France, particularly in Paris, are governed by a specific co-ownership structure known as a “copropriété”, which shares similarities with the condominium model in the US. However, unlike in the US, there is typically no formal process for vetting individuals before they buy or sell an apartment in these buildings.
These buildings are made up of private units and shared common areas. Each unit has its own private space along with a proportionate share of the common areas, usually based on the size of the unit. Management of the building is handled by the 'Syndic,' who oversees the collection of quarterly service charges and manage any works or maintenance related to the building.
In Paris, the facades renovation must be, theoretically, carried out every 10 years.
Frequently asked questions
Do I need to be present at the co-owners meetings?
Attending the meetings in person is not mandatory. However, it is recommended to have a representative who can attend for you and follow the discussion to understand any potential issues and actively take part in them - for example, to ensure that important renovation decisions are not made without your input.
If you cannot attend, you have the option to appoint us as your representative to vote on your behalf. In advance, we will present and explain the agenda to you and discuss the key points. We can also attend the meeting with you.
Co-ownership general meetings take place once a year and are conducted in French. As a property owner, you will receive an invitation with the agenda by registered mail (or registered email) at least three weeks in advance.
Which renovations can I carry out freely in my apartment, and which ones require approval from the co-owners?
Renovations involving the load-bearing walls of the apartment require the approval of the co-owners, which is why it is important to hire an architect for major renovations, who will be able to determine the nature of the walls. In the event that approval from the co-owners is required, we will work with the co-ownership manager (called the "syndic") to organize the various steps in order to present your project for a vote at the general assembly of co-owners.
The same process would be require for renovations involving the modification of the building's façade, and an additional administrative process with the Town Hall may be necessary.
For detailed information, please see the following link: https://www.service-public.fr/particuliers/vosdroits/F31513?lang=en
Some renovations require submitting a prior declaration to the Town hall or applying for a building permit.
What are the property taxes in France?
Property tax (“taxe foncière”): This tax is attached to the property. In the context of a purchase, its approximate amount can be known in advance by asking the seller for a copy of the previous year's property tax bill.
Occupancy tax (“taxe d’habitation”): This tax is paid by the occupant, either you or your tenant, if the property is a secondary residence.
Taxes applicable in specific cases
Tax on vacant homes (instead of the occupancy tax): Applicable if the property is empty and uninhabited (no tenant or furniture on January 1st).
Income tax (“impôt sur le revenu”): Due on any income deriving from activities in France, including rental income. The impact of income tax should be assessed in line with any applicable Treaty for the Avoidance of Double Taxation – to be checked with a tax advisor.
Wealth tax (called "IFI"): It is a progressive tax applicable when the value of French real estate assets exceeds €1.3M.
3% tax: Certain holding structures may be subject to an annual 3% tax on the property's value.
Capital Gains Tax (“CGT”) applies upon the sale of the property and is calculated on the net gain, i.e. the difference between the selling price and the original purchase price, taking into account deduction of certain costs.
Inheritance Tax: Due by the heirs on the assets located in France.
Under certain conditions, some of these taxes can be minimized with proper planning, which may require the guidance of a tax lawyer.
To learn more: https://www.impots.gouv.fr/internationalenindividual/im-non-resident-and-i-own-property-france
What mandatory annual costs and fees must be paid when owning a property in Paris?
Co-ownership charges (or « condominium fees”),
Home insurance,
Utility bills.
How do you assist international property owners with tax matters?
While we have extensive knowledge of French property taxes and regulations and can assist with routine administrative matters related to taxes, French law reserves tax guidance and advice for tax lawyers or certified tax advisors. Therefore, for tax advice, we will refer you to the appropriate professionals within our network of specialised international tax advisors, who are experienced in handling the tax matters of non-resident property owners and ensuring compliance with French tax law.
What do the co-ownership charges include?
Co-ownership charges are the ongoing expenses that co-owners must pay for the proper functioning of the co-ownership.
There are two categories of charges:
General charges: These relate to the administration, preservation, and maintenance of common areas (such as corridors, heating systems, plumbing, guardrails, etc.) and grounds (gardens, courtyard, etc.) used by all co-owners. Examples include syndic fees, general meeting costs, cleaning of common areas, waste removal fees, facade renovations, and roof repairs.
Special charges: These concern shared services and common facilities, such as concierge services, cleaning services, security systems, maintenance of the communal heating system and elevator, etc.
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