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. Real estate special Paris: international investors back in the 4th arrondissement
Posted on 10/09/2021

Real estate special Paris: international investors back in the 4th arrondissement

LES ECHOS

Share this link
Real estate special Paris: international investors back in the 4th arrondissement
Covid-19 has overwhelmed the real estate market and people had to adapt. Margot Royer-Boquillon, manager of Paris Marais Sotheby’s International Realty explains that several sales have been achieved on video conference, and international investors who had almost disappeared since the beginning of coronavirus come back gradually on the market.

One of their favorite arrondissements is the 4th. It is the 3rd most expensive arrondissement because of its localization in the heart of le Marais and its closeness to the Seine quays, and the average selling price is €13,833 per square meter, even €23,000 or €24,000 when the apartment is sunny, has a nice view, a small exterior or an exceptional localization. Margot Royer-Boquillon explains that what matters to the investors is “being in le Marais, in the historical center of Paris”. Ile Saint-Louis and other small areas such as rue de la Verrerie are much requested. According to her, they do not look particularly for a property with balcony or terrace, as long as the view of the monuments is nice and as it is flooded with sunlight. But le Marais has two imperfections; as the buildings are old, there are few apartments with exteriors and when there are some such as duplex apartments, they are expensive, and there are few lifts. This is why families head towards the north of Marais or the boundaries of the 11th arrondissement.

To read the full article, click here. 

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