The health crisis made the most of holiday homes market. The first confinement, difficult to live for many French, sent this market section sky-high. The second homes, which used to be chosen for holidays, have become a shelter in times of crisis. And for good reason, it offers a better environment while keeping working. According to Observatoire des mobilités émergentes, 5% of the French think of purchasing one in the coming years, and it climbs to 10 among the population living in the cities.
The coastline makes the most of this dynamic. Baie de Somme, Normandy, La Rochelle or Brittany “have no problems to find candidates” Ronan Pradeau, CEO of Sotheby’s Realty Bretagne, explains. It is the same with countryside, as long as it is close to cities provided with amenities: high-speed connection, high-speed train station, shops etc. The countryside has an extra advantage compared to the coastline: prices are far less expensive.
No matter which region, second homes have become pretty much an expansion of primary residences.
In the discreet and ultra-exclusive world of luxury real estate in Paris, a handful of properties stand out as truly extraordinary. Such is the case with this spectacular prestige villa, nestled in the heart of the legendary Villa Montmorency, located in the...
In the prestigious Saint-Georges district, nestled between the elegant boulevards of Paris's 9th arrondissement,Sotheby’s International Realty unveils an exceptional new exclusive listing: the former apartment and studio of legendary Impressionist painter Auguste...
