property
Shared Equity Scheme Explained Step by Step for First-Time Buyers
Eligible residents can now access the program to cover part of the purchase price on properties across Paris and its expanding suburbs.
How we reported this
The French government’s shared equity scheme lets first-time buyers in Paris secure a property by purchasing at least 60 percent of its value while the state holds the remainder as an equity stake until the owner can buy it out.
Prices in the capital sit at an average of 10,000 euros per square metre this July, with outer districts seeing faster growth from the Grand Paris Express lines that opened new stations in 2025. Buyers locked out of the 1st to 8th arrondissements by premium pricing now look to the 9th through 11th, where values have risen steadily since the metro works began.
Eligibility and Application Steps
Applicants must first confirm household income stays below 55,000 euros a year and prove no prior ownership in the Île-de-France region. They then select a property under 90 square metres in approved zones, such as streets around Rue Oberkampf in the 11th or near the new Rosa Parks station in the 19th. A pre-approval form goes to the Paris Habitat office on Boulevard de la Villette, where staff verify documents within 15 working days. Once approved, the buyer pays a 5 percent deposit on their share and signs a 25-year shared equity agreement that caps annual maintenance contributions at 1.2 percent of the state-held portion.
After purchase the owner can increase their stake in 10 percent increments at any time without penalty, or repay the full equity on sale. The scheme covers both new-build apartments along the extended Line 14 and older stock in the 9th near Square Montholon, where recent sales averaged 9,200 euros per square metre.
Next Steps for Buyers
Prospective applicants should book an appointment at the local mairie in their chosen arrondissement before the end of August, when the next funding round closes. Checking current listings through the city’s housing portal and comparing total costs including the 2.5 percent notary fees gives the clearest picture of monthly outgoings under the shared equity terms.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.