Paris Relocation Service (P.R.S),
Created in 1992, provides a successful relocation service within the Paris area. Saving valuable human and financial resources, we have relieved many large and small companies, world-wide, of the complex task of relocating their employees. Our team of experienced and multilingual consultants, who have also personally been through the relocating process, have guided several thousands expatriates towards their ideal move, respecting their individual requirements and budgets.
PARIS, the capital city undergoing major conversion
The city is evolving and developing to adapt to the future of transport. Improved surroundings, enhanced parks and brand new cycle paths... Following on from the Place du Pantheon, the Place de la Nation is now undergoing major redevelopment and was inaugurated by Paris Town Hall on 7th July last. Work started end 2018 and will be completed this autumn 2019. Works are also underway to improve the Place de la Bastille, Gambetta, Place des Fêtes et Place de la Madeleine. The Place de la Bastille will be unrecognisable with its 1.1 hectares or 27 acres of pedestrian zones putting an end to the emblematic roundabout.
Controlled rents are coming back to the Paris market
As of 1st July, new leases are subject to rent control measures. The experiment will be ongoing for 5 years through to 2023, in compliance with the “Elan” law (évolution of housing, development and digital technology). This rent control forces Paris landlords to fix the rental level of their property to equate to the reference rent scale, calculated by the OLAP (Observatory of Rents in the Paris Agglomeration) and fixed by the administration. Obviously, the limitations vary depending on the locality, type of rental (vacant or occupied), number of rooms and the construction date of the building.