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Press

War in Ukraine: small impact on French luxury real estate

War in Ukraine: small impact on French luxury real estate

Le Figaro

The days when the Russian oligarchs prospected the Foch/Montaigne area in Paris, Chamonix, Courchevel and Megève in the mountains and the three “capes” of the Côte d’Azur are over. "There was a kind of implicit competition between them: it was who would have the...

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Sotheby’s International Realty Achieves Historic Year With Record $204 Billion In Global Sales Volume

Sotheby’s International Realty Achieves Historic Year With Record $204 Billion In Global Sales Volume

RESIDE / Posted on 02/24/2022

Sotheby’s International Realty’s global network achieved a record US$204 billion in 2021 global sales volume, a 36% increase in sales growth year over year, thus becoming the leader in the high-end market. “Real estate proved to be a hot investment in 2021,” said Philip White, president and CEO of Sotheby’s International Realty. “Once again, agents affiliated with Sotheby’s International...

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The rise of prestige real estate, the dance of figures in 2021

The rise of prestige real estate, the dance of figures in 2021

Luxe Infinity / Posted on 02/18/2022

With an average of almost 4 sales per day, the turnover of Sotheby’s International Realty went from €1,032 billion in 2020 to €1,456 billion in 2021. Alexander Kraft, CEO, explains this spectacular rise as follows: “The French turned to prestige real estate because of covid crisis: they felt that they needed to improve their quality of life and bet on a safe investment.” Indeed, an increase in...

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Living like a prince, a dream life seached by buyers from all over the world

Living like a prince, a dream life seached by buyers from all over the world

BFM TV / Posted on 02/18/2022

Following the quarantine, buyers have found again that castles have qualities. They used to be renowned for being expensive and difficult to maintain, they are still affordable in comparison to Parisian prices. However, prices vary a lot depending on the type of castle, its surface area and its fittings. “There is a large choice of castles in France, with two types of buyers, those who want to...

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Real estate market : A new geography takes shape

Real estate market : A new geography takes shape

Challenges / Posted on 12/02/2021

Because of the sanitary crisis, provinces cities are all the rage. Between 2019 and 2020, the share of household living in the capital and having bought a principal residence outside of Ile-de-France has been multiplied by two, going from 5.6% to 11.8%. Buyers have increased their field of research in a radius of about 30 kms around the city of their choice. They also choose among the cities...

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Architect-designed house, hunting lodge, equestrian estates... when real estate becomes a passion

Architect-designed house, hunting lodge, equestrian estates... when real estate becomes a passion

Le Figaro / Posted on 12/02/2021

In prestige real estate, a type of buyers is completely apart. It is composed of the passionate, those buyers who look for a property compatible with their passion. Among them, you can find those keen on architecture, ancient and modern. They know very precisely in general what they are looking for. Properties built by famous architects such as Mallet-Stevens can rise up to 10 to 50% than...

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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

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...

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Choosing luxury in Paris

Choosing luxury in Paris

Propriétés Le Figaro / Posted on 11/12/2021

With more than 1.555 million deals in France in one year, real estate market is ready to set a new record. It is the same for Ile-de-France and inner Paris. Prices stagnate between 10,600 and 10,800 euros per square meter in the capital city anyway, but the attractiveness of the rates and the easy access to credit allow to purchase a property comfortably. In these circumstances, luxury real...

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Holiday home: a market in good health

Holiday home: a market in good health

Le Particulier Immo / Posted on 11/09/2021

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...

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Neuilly Sablons: the post-Covid gem

Neuilly Sablons: the post-Covid gem

Le Point / Posted on 10/29/2021

Neuilly-sur-Seine is one of the most expensive cities in France and has the greatest number of inhabitants subjected to wealth tax. Neuilly, and in particular Sablons area, seduces as much as it used to thanks to its numerous garden-level apartments, terraces, wooded avenues and its closeness with bois de Boulogne, mandatory criteria since Covid crisis. This customer base is constituted by...

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