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.
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.