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Although luxury real estate sales continue to soar in France, the average price of properties is declining.

Although luxury real estate sales continue to soar in France, the average price of properties is declining.

La vie Immo / Posted on 23/03/2020

2018 and 2019 were record years for the luxury real estate market in France, so what's on the cards for 2020? Alexander Kraft, CEO of Sotheby’s International Realty France-Monaco, is enthusiastic and announces that "the real estate market is in excellent health in France". Early  2020 appears to be extremely promising, with a significant number of transactions in the first quarter. Numerous...

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Luxury real estate in France continues to gain momentum, and not only in Paris

Luxury real estate in France continues to gain momentum, and not only in Paris

AFP / Posted on 16/03/2020

As this AFP article published on January 23rd 2020 confirms, the luxury real estate market in France has been booming for several years and remains very dynamic. 2019 was a great year in the capital for specialists in luxury real estate such as Paris Ouest Sotheby’s International Realty, with properties valued at over a million euro still finding buyers. The luxury real estate market is...

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Luxury real estate : an apartment sold for 39 million euro in Paris

Luxury real estate : an apartment sold for 39 million euro in Paris

A new record for Sotheby's International Realty France - Monaco / Posted on 11/03/2020

Luxury realty is definitely alive and kicking in Paris. In the capital’s highly desirable 7th district, a triplex apartment offering over 1,000 sqm of living space has been sold by the leader of luxury realty, Sotheby's International Realty France - Monaco. The 7th district...

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Realty: more and more foreign buyers in Paris?

Realty: more and more foreign buyers in Paris?

Les echos / Posted on 04/03/2020

Whether it's for an investment, a pied-a-terre or a residence, buyers from abroad are still attracted like a magnet to Paris.  The top 5 nationalities are Chinese, Italian, British, German and American, with notably a strong comeback from the latter. According to Alexander...

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In Paris, a mysterious mansion is sold for 52,000€/sqm

In Paris, a mysterious mansion is sold for 52,000€/sqm

La vie Immo / Posted on 24/02/2020

At the end of 2018 a record was set in the French capital when a private mansion was sold by Sotheby's International Realty France – Monaco for no less than 52,000€/sqm. Located on the Left Bank between the Seine and the Invalides in the 7th district, this truly exceptional property offers about 400 sqmof sumptuous living space. During 2018 the market leader recorded other exceptional...

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The Neuilly-sur-Seine realty market

The Neuilly-sur-Seine realty market

/ Posted on 17/02/2020

At over 10,000€/sqm, prices in the Hauts-de-Seine department are not a million miles away from prices in the capital’s most prestigious neighbourhoods. Ideally located between La Défense and the Bois de Boulogne, 846 hectares of leafy greenery and the capital’s green lung, Neuilly-sur-Seine attracts more and more buyers. It is now one of the most expensive municipalities in France. A once...

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A villa in Monaco for sale for 110 million euro

A villa in Monaco for sale for 110 million euro

Propriétés Le Figaro / Posted on 10/02/2020

Villa L'Echauguette is marketed by the leader in luxury real estate, Sotheby's International Realty France - Monaco. Overlooking the Mediterranean, Port Hercule, the Prince's Palace and the world-famous Monaco Formula 1 Circuit, this magnificent villa with a neo-classical pink facade is among Monaco's best-known properties. On six floors benefiting from lift access, it offers...

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Paris will always remain cheaper than other major cities (London, Geneva, Singapore)

Paris will always remain cheaper than other major cities (London, Geneva, Singapore)

NEXT-FINANCE / Posted on 03/02/2020

Despite Brexit and the return of French nationals to Paris which together have led to an increase in the value of realty, prices in London remain about double those to be found in Paris, even if this gap has decreased a little. This is because there are far fewer properties for sale in London than in Paris, and the British capital therefore remains a favourite especially for HNWI’s. The...

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Neuilly-sur-Seine, Levallois-Perret and big budgets

Neuilly-sur-Seine, Levallois-Perret and big budgets

L'express / Posted on 27/01/2020

Bordering the west of Paris, served by two metro lines and numerous buses, Neuilly-sur-Seine and Levallois-Perret are keenly sought-after despite an often limited offer. The average price per sqm in Neuilly is almost 10,000€, and for top-quality properties can attain up to 14,000€. Family apartments with balconies in prestigious buildings are in high demand, with buyers' budgets...

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The luxury realty market in Paris is booming

The luxury realty market in Paris is booming

Propriétés Le Figaro / Posted on 22/01/2020

On the occasion of Sotheby's International Realty France’s publication of its analysis of the situation and trends in the luxury realty market, Alexander Kraft, CEO, highlights the drive and strong growth in the luxury market in 2018. He reminds us that while foreign...

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