Real Estate
End-to-end support when you buy or sell, and full management of your Paris townhouse or home: housekeeping, contractors, insurance and maintenance, dealings with French authorities and coordination of every trade, whether you are in Paris or overseas.
For more than sixty years and three generations, our family has managed high-end residential and office co-ownership buildings in west Paris. We put that know-how at the service of owners and co-owners: upkeep and enhancement of the building, and management of renovation work.
Our experience with historic and listed buildings allows us to act on your behalf from start to finish: selecting architects and contractors, overseeing the work, keeping budgets and schedules on track, through to final handover.
Inventory, conservation and insurance of artwork, furniture and family heirlooms; coordination of conservators, appraisers and specialist fine-art shippers; tracking of loans and moves; tailored insurance and security systems.
We handle relations with the DRAC (the French regional heritage authority), the Architectes des Bâtiments de France and the City of Paris, and obtain planning and building permits. Chevrons is the Paris family office specialized in managing listed historic properties.
Advice and oversight for the conservation and restoration of boiseries, painted ceilings, parquet floors and historic interiors, with renowned master craftsmen and specialist architects, at competitive cost thanks to our long-standing network.
French real estate wealth tax (IFI), income tax, capital gains on property: we identify the legal levers to optimize the taxation of your French assets, in particular through the way they are financed, working with our two partner law firms in Paris.
Reducing the French inheritance tax your heirs will owe: lifetime gifts, early transfers and split ownership (usufruct and bare ownership), coordinating French law with the US-France tax treaties so that your future estate in France is planned efficiently.
Frequently asked questions
As a rule, yes. Non-residents are liable for the French real estate wealth tax (IFI) on property located in France once their net real estate holdings exceed the taxable threshold. How the property is held, how it is financed and the applicable tax treaty all directly affect the amount due.
Several levers exist within a strict legal framework: the choice of ownership structure, how the purchase or renovation is financed, and a rigorous valuation of the property. Debt deductions, however, are tightly restricted, so each situation must be reviewed individually.
Real estate located in France generally falls within the scope of French inheritance tax, even when the deceased and the heirs live abroad. The US-France estate tax treaty then determines which country may tax and how double taxation is avoided.
Yes. Gifting the bare ownership, transferring shares in a holding company, timing gifts carefully: a well-prepared early transfer can often substantially reduce the tax cost for heirs while you keep the use of the home, taking into account US gift and estate tax rules if you live in the United States.
Contact
Every relationship begins with a confidential conversation. Write to us to arrange an initial meeting, in Paris or by video call.
contact@chevronsfamilyoffice.comChevrons Family Office
97 Bd Malesherbes – 75008 Paris
