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Posted on 01/07/2021

L'immobilier de luxe conserve ses couleurs malgré la crise

LES ECHOS

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L'immobilier de luxe conserve ses couleurs malgré la crise
Alexander Kraft, Managing Director of Sotheby's International Realty France Monaco is surprised by the positive state of the real estate market. Although sales have been slowed by the second containment, this has had no impact on the signing of sales or the receipt of purchase plans. Admittedly, the conditions were different, but the attraction of buyers for a new life stabilized sale and strengthened them.

Whether buying a villa by the sea or a Parisian apartment with a terrace, there were many customers. Confinement has developed a desire to breathe, to get closer to nature and to have more space in the face of the many corporate transitions to teleworking. The absence of foreigners, an important clientele in the uptown areas of Paris, has not been a scourge because French buyers have helped maintain an intense pace in real estate. Also, these foreign clients already plan to visit in January if they are unable to see the apartments, they are currently interested in. Alexander Kraft is therefore looking forward to a certain stability and a future that seems rather positive.

To read the full article, click here.

Paris West Sotheby's International Realty, specialist in luxury and prestige real estate in Paris
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