How can I tell if a Parisian building is well managed and maintained?
As you probably know already, most properties in Paris are apartments. The building, in which the apartment you buy is situated, is co-owned by all the owners of the apartments in the building.
When you have a shortlist of 2 or 3 apartments that you are interested in buying, the seller’s agent will provide documents relative to the building. This will include minutes of recent AGMs and information about the management of the building. It is important to understand and analyse these documents to know how the building is managed and what costs are up-coming. Most realtors and property finders can help you with this, or you can avail of our Co-propriété Report service.