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. Luxury real estate is remaining a safe investment for the most fortunate
Posted on 13/08/2021

Luxury real estate is remaining a safe investment for the most fortunate

IDEAL INVESTISSEUR

Share this link
Luxury real estate is remaining a safe investment for the most fortunate
Despite the sanitary crisis, prestige real estate market isn’t in crisis. Indeed, at Sotheby’s Realty, €400 millions of properties have been sold on the 1st quarter and the 2nd is likely to be the same. Despite everything, prices are remaining stable and reach on average €8,900/sq. m. On the other hand, requests for castles and manor houses markets increase and this could provoke price increase.

A little more than 40% of the future buyers search in Ile-de-France and there are still many requests for Parisian luxury properties, despite the lack of foreign buyers. Apartments with an exterior or a view, private mansions, properties in private areas register shorten periods of sales.

Remote working has disrupted the buyers’ way of life who go on the other side of the beltway, in cities as Neuilly-sur-Seine, Versailles, Saint-Cloud. Buyers also move to the coasts, in particular in the Provence-Alpes-Côte d'Azur region, in Brittany and Aquitaine.

To consult the full article, click here. 

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

The latest articles

A large private mansion sold for 30 million euros
Read more

A large private mansion sold for 30 million euros

Paris Ouest Sotheby's International Realty has completed a transaction for 30 million euros. The property in question? A former private mansion located in the 16th arrondissement, once owned by a business manager who organized charity events there. The new buyer? An...

Read more
This Parisian mansion was sold for 30 million to an embassy
Read more

This Parisian mansion was sold for 30 million to an embassy

30 million euros: this is the price at which a former private mansion from the beginning of the 20th century was sold in the OECD district in the 16th arrondissement. This property, which once housed the Benelux Embassy, was bought by a business manager who finally...

Read more
Luxury real estate: Is the market euphoria really unfazed?
Read more

Luxury real estate: Is the market euphoria really unfazed?

It has been several months now that we see writing that luxury real estate is not experiencing the crisis. Sotheby's International Realty France Monaco has indeed recorded an "unexpected historic record year", with 1.61 billion euros in sales, despite a sharp...

Read more