Preferences Preferences To safeguard0
Contact us
Paris Ouest (Paris 16ème - Victor Hugo)
Sotheby's International Realty
Paris Ouest (Paris 16ème - Auteuil)
Sotheby's International Realty
Paris Ouest (Paris 17ème - Etoile Monceau)
Sotheby's International Realty
Paris Ouest (Neuilly-sur-Seine)
Sotheby's International Realty
Paris Ouest (Hauts-de-Seine - Yvelines)
Sotheby's International Realty
Paris Marais
Sotheby's International Realty
Paris Est
Sotheby's International Realty
Send an email

Preferences

Currency

My research
  1. Home
  2. >
  3. All news
  4. >
  5. Press
  6. >
  7. French luxury real estate in great shape
Posted on 04/07/2020

French luxury real estate in great shape

LES ECHOS

Share this link
French luxury real estate in great shape
Since the beginning of the deconfinement in France, we notice that the prestige real estate market is always on the rise, the activity is even higher than that recorded before the confinement and at the same period last year.

As international customers have not returned, the very high-end segment is less in demand.

However, we note that some sales are made remotely thanks to the virtual visits set up by the Sotheby’s International Realty network. In addition, "the Germans, the Swiss and the Scandinavians, who have already been able to return looking for a haven of peace in France, are replacing the Americans or the Saudis" notes Alexander Kraft, President and CEO of Sotheby’s International Realty France - Monaco.

The prestigious real estate market will continue to rise as Alexander Kraft confirms because, in the coming months, we are awaiting the return of expatriates from Hong Kong, Singapore "They are still stuck in place but are preparing to return. They have budgets of between 5 and 30 million euros. "
Luxury real estate market seems to be escaping the crisis.

Find the article here. 

Paris Ouest Sotheby's International Realty, your expert in Paris luxury real estate

The latest articles

Luxury real estate, foreign buyers are back
Read more

Luxury real estate, foreign buyers are back

The luxury real estate market is not experiencing the crisis. Between 2019 and 2022, professionals in the sector have achieved double-digit growth. And between the lifting of health restrictions and the favorable exchange rate for the dollar, foreign investors are...

Read more
Real estate: the Parisian ultraluxury doesn't know the crisis
Read more

Real estate: the Parisian ultraluxury doesn't know the crisis

On the Parisian real estate market, the ultraluxury does not know the crisis. Indeed, prices remain on the rise, unlike those of the top-of-the-range market. In some districts, prices can even exceed 30,000 euros per square meter, provided that the property is sold...

Read more
Sotheby's International Realty: Record results in the third quarter of 2022
Read more

Sotheby's International Realty: Record results in the third quarter of 2022

More than 900 million euros: this is the total number of sales made by Sotheby's International France-Monaco between January and August 2022. The house recorded a record third quarter -something never seen before- with more than 520 million volumes of sales. These...

Read more