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: who keeps buying in Paris and what kind of property?

Luxury real estate: who keeps buying in Paris and what kind of property?

BFM TV

Share this link
Luxury real estate: who keeps buying in Paris and what kind of property?
Between 2013 and 2018, more than 54,000 Parisians have chosen to leave the capital city. These departures have been a bargain for luxury real estate which after a period in slow-motion recovered during the third trimester of 2021, particularly in the field of prestige real estate. But this dynamism is at two speeds.

Indeed, on one hand, you can find flawless properties which are sold at a very expensive price, and on the other hand, “classic” properties which take more time to be sold and can be negotiated. “Our Parisian offices have achieved very nice sales, with high budgets, with French people and foreigners. Type of properties and surface areas don’t lack. On the whole, a property displayed at the real price is sold easily” Alexander Kraft, CEO of Sotheby’s International Realty France-Monaco says. Foreign buyers are not lacking. On the sales achieved between January and September 2021, 2.8% were achieved by Chinese, 3% by Italians and 1.7% by Americans. Regarding the kind of properties wanted by the buyers, millenials highly look for small surfaces, but generally, properties with exteriors such as garden or terrace are the most sought-after. An unobstructed view of a monument is a very sought-after criteria by the wealthiest buyers. On the contrary, dark properties without exterior have difficulties to find a buyer…
The latest articles
Chatou: A new haven of elegance and value just outside Paris
Read more
Chatou: A new haven of elegance and value just outside Paris

A fresh wind blowing through the Yvelines Long viewed as the quiet garden of western Paris, the Yvelines region is experiencing a revival in its property market. While Versailles and Rambouillet have undergone price corrections, it is Chatou that’s now capturing the…

Read more
A secret country house in the heart of Paris: Rare opportunity in villa des Ternes
Read more
A secret country house in the heart of Paris: Rare opportunity in villa des Ternes

Tucked away from prying eyes in the sought-after 17th arrondissement of Paris, a charming townhouse is currently on the market, listed exclusively by Paris Ouest Sotheby’s International Realty, a leading expert in luxury real estate in Paris. Located within the…

Read more
The Golden Triangle: Parisian Luxury at Its Finest
Read more
The Golden Triangle: Parisian Luxury at Its Finest

In the heart of Paris’s 8th arrondissement, bordered by Avenue Montaigne, the Champs-Élysées, and Avenue George V, lies one of the most coveted areas of the French capital: the Golden Triangle. This iconic district—synonymous with luxury, refinement, and French art...

Read more