By pursuing your navigation on this site, you use the use of cookies to the realization of statistics of visits. Learn more

"2020 should be a record year for luxury real estate" : Alexander Kraft

  1. Home
  2. >
  3. Press
  4. >
  5. "2020 should be a record year for luxury real estate" : Alexander Kraft

My Sweet Immo

Posted on 06/04/2020

Alexander Kraft, CEO of Sotheby’s International Realty France- Monaco, is looking forward to a great year for luxury real estate in France and Monaco in 2020.

The results for 2019 were excellent, and this should continue in 2020. As he points out, numerous sales last year were put off to 2020 owing to social unrest in France. “Sales were impacted by 2 negative factors: the "yellow vest" protests (which significantly slowed down weekend activity in Paris), and strikes (which affected potential buyers' mobility at the end of the year, and especially those coming from abroad). Consequently, a non-negligible number of Parisian sales were put on hold until 2020”. Regional markets have also followed the trend. Alexander Kraft explains. "The French have regained confidence in real estate and today are buying not only to upgrade their main residence or buy second homes, but also to make strategic investments for the future". As a result, we have observed that prices have increased across the real estate market in France, more good news for Sotheby's International Realty France – Monaco. 

Click here to read the article. 

Discover our luxury homes for sale in Paris

Dear clients,
 
The unprecedented situation in which we live has profoundly changed our behavior and our mentalities.
The protection of our customers and employees has become the top priority for a reopening the May 11th.

According to our Health Charter, and for the sake of barrier gestures, we make available to our customers, during visits or estimates, masks, gloves, overshoes and hydroalcoholic gel. We have developed virtual tours and video tours, allowing total immersion in complete safety. The reception of our customers in daily disinfected offices will always follow the Sotheby’s quality charter, in the presence of only one collaborator per office, supported by a close-knit team that can be contacted continuously.
 
Your Paris Ouest Sotheby’s International Realty team !