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. Next stop: Côte d’Opale, for a better life

Next stop: Côte d’Opale, for a better life

Visite Summer

Share this link
Next stop: Côte d’Opale, for a better life

Since the quarantines linked to the health crisis, the French have been looking for space and greenery. Thus, their desire to buy has evolved and 32% of second-time buyers wish to acquire a secondary residence. “The second home market eased up a lot during President Hollande era between 2012-2017 because of taxation and the social and political atmosphere. Since the health crisis, we are witnessing a reinforced adjustment because it has revealed to buyers the advantages of having a second home, a haven of peace, a healthy place for the family and for a well-balanced life "explains Alexander Kraft, Chairman and CEO of Sotheby's International Realty France-Monaco. For several years, Côte d'Opale has been all the rage. Until then, buyers came mainly from Belgium and England. Today, more and more people from Lille and Paris are seduced by the seaside resorts. And for good reason! Côte d'Opale enjoys a good geographical location, close to major French and foreign cities, sports facilities, and more attractive prices than those of Paris or Lille. Obviously, buyers look for properties with an outdoor space, but also with unobstructed views, of the sea if possible, close to shops, stations and fiber optics, and ideally with two bedrooms and a study.

But this enthusiasm is likely to have consequences. Indeed, although prices are stable, many people fear inflation and speculation linked on the one hand to the scarcity of land, and on the other hand to that of raw materials. Then, developers face a dilemma: how to create more housing while preserving the coastline?

Click here to read the whole article.

The latest articles

Unmatched Elegance: Explore Tony Parker's Prestigious Estate in Texas, priced at $16.5 Million
Read more

Unmatched Elegance: Explore Tony Parker's Prestigious Estate in Texas, priced at $16.5 Million

In the privileged world of luxury real estate, some residences exceed expectations, captivating with their splendor and elegance. Today, Kuper Sotheby’s International Realty is honored to present one of these exceptional properties, an architectural masterpiece...

Read more
In the heart of the luxury Real Estate, in the prestigious 16th arrondissement
Read more

In the heart of the luxury Real Estate, in the prestigious 16th arrondissement

In the distinctive realm of luxury real estate in Paris, the 16th arrondissement holds a prominent position, characterized by its exceptional charm and unparalleled quality properties. Contrary to common belief, which often reserves it for the financial elite, this...

Read more