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Nice's Old Port, a historical gem of the Mediterranean city, is about to undergo a major transformation thanks to an exciting new real estate development. Located at 10-12 Quai Papacino, this real estate initiative, known as "Le Florian" is part of the effort to breathe new life into this iconic location in the heart of Nice while preserving its authentic charm. The complex was originally designed by architect Charles Marra in 1975. It spans multiple levels, including an underground...
The sale some time ago by one of our agencies, in this case Belles demeures de France, of the world’s most expensive residence located to the west of Paris is today once again headline news as Emmanuel Macron hosts a visit to the capital by its buyer, Mohammed ben Salmane, Crown Prince of Saudi Arabia. Due to our policy to not comment on our sales, a stance we shall steadfastly maintain in order to protect our clients’ privacy, we remained discrete regarding this transaction. Now public...
The Brexit effect continues to liven up the real estate market in the capital’s prestigious neighbourhoods. Some 5,500 newcomers from the financial sector have arrived in Paris over the past few years, with major Anglo-Saxon banks such as JPMorgan, Bank Of America, Citi and Goldman Sachs strengthening their presence in Paris. And though the phenomenon has somewhat slowed down over the past few months, it has in no way stalled. In May, Morgan Stanley announced its intention to increase its...
For decades this five-room apartment located in the capital’s 16th District concealed a bas-relief of the goddess Nike, or The Winged Victory. In 2019 it was discovered during renovation work. Starting price: 2.9 million euro. As soon as you cross the threshold, she appears with her raised sword, her wings and her crown of laurels, not forgetting her beautiful drapery which stands out against a dark background. 1.73 metres high and 1 metre wide, this bas-relief of the goddess Nike, or...
An excellent tool when it comes to inheritance, bare-ownership sales are becoming increasingly popular. A method that allows the seller to increase his or her purchasing power and, above all, allows him or her to anticipate the future.“The traditional viager, or life annuity, has a slightly dusty side to it. The French word viager – derived from the old French “viage” or time of life – has no doubt been a setback, creating a certain form of apprehension. Right away the seller thinks of his...
The luxury real estate market in the capital has not mirrored - at all - the downturn observed in transactions at prices below 1 million euro resulting from the economic, financial or geopolitical context.The war in Ukraine, the increase in rates and instability in the equity market seem, in fact, to have had little or no impact on the luxury real estate bracket.This contrast between the top-end and the rest of the market has been observed during other crises in the past. Clearly particularly...
At first glance nothing suggests that a true gem is hidden behind the somewhat dirty off-white facade. However, in a peaceful street in the capital’s 18th District, just a few hundred metres from Sacré-Coeur Basilica, Place du Tertre and Rue des Abbesses, is the former home and studio of renowned artist Eugène Boudin (1824-1898). Transformed over the years, it is today a superb 353 sqm four-storey property (304 sqm of living space) with a garden and a beautiful terrace. Marketed by the Daniel...
Fondée en 2014 par Claude Fain et Alexandra Fain, ASIA NOW a pour but de présenter les nouvelles perspectives et enjeux de l’art contemporain asiatique et de son marché : la valeur de ses artistes, son potentiel de développement et ses stars montantes.Première foire parisienne dédiée exclusivement à la scène artistique contemporaine d’Asie, ASIA NOW présente, du 20 au 23 octobre 2022 à Monnaie de Paris, 11 Quai de Conti, Paris 6e, une 8ème édition. Plateforme idéale de dialogue et d’échanges dédiée...
In the capital’s 7th District, for the first time since 2013, one apartment in five acquired in the first half of the year was purchased by a foreign buyer. This renewed interest could explain the rise in prices in the capital's desirable neighbourhoods in the second quarter, as they dropped in the majority of the city’s less prestigious areas.Since the outbreak of the Covid-19 pandemic, wealthy foreigners had turned their back on the Parisian real estate market. Now however, they are back,...
A trusted partner of Christie's for over two decades, the Daniel Féau network continues to reign supreme in the luxury real estate market in France. The group’s CEO, Charles-Marie Jottras, has kindly agreed to answer our questions. Daniel Féau has now been associated with Christie's for over two decades. Could you take us back to the early days?Effectively, the Daniel Féau group celebrates this year its 25 years of collaboration with Christie's. Our Belles demeures de France agency actually sold...
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