Email alert
Subscribe

EUR

PARISIAN LUXURY REAL ESTATE IS IN GREAT SHAPE

BOURSORAMA - 07-25-2018

Parisian luxury real estate is doing well: the activity is dynamic, thus sales times are reduced and prices are rising. Update on the situation.

FRENCH PROPERTY MARKET REVIVES

The Parisian luxury real estate market is booming since the beginning of the year, which pushes prices to new levels. The Parisian high-end property agent Daniel Féau recorded an increase in sales volumes of 32% between January and May 2018 compared to the same period in 2017. Moreover, the average selling time is shortened and sale prices are up from 1 to 6% depending on the type of goods.

THE MACRON FACTOR

"There has been a very clear Emmanuel Macron effect [...] since last summer" states Charles-Marie Jottras, Daniel Feau’s President as well as other French luxury real estate agencies. The French president’s victory has triggered confidence in its market by putting French properties back on the map, with rising prices gathering momentum as locals and foreign buyers return to the market and the number of transactions picks up.

The Brexit effect on Paris luxury real estate is already underway. French expatriates domiciled in London and elsewhere in the UK are likely to be considering a return to France. Since the beginning of the year, 6 to 7% of Daniel Féau’s sales accrue from French investors living in the UK. This percentage, which remains low, should increase from 2019, once the expatriates are actually back.

Back
  • A TRUE SHOWCASE OF FAMOUS WRITERS

    25 octobre 2018

    Read more
  • LUXURY REAL ESTATE’S SALES INCREASE BY 32%

    30 juillet 2018

    Read more
  • PARISIAN LUXURY REAL ESTATE IS IN GREAT SHAPE

    26 juillet 2018

    Read more
  • PARIS: THE LUXURY REAL ESTATE MARKET IS AS FIT AS A FIDDLE

    23 juillet 2018

    Read more
  • LIVE IN SAINT-GERMAIN-DES-PRÉS ON THE CAPITAL’S LEFT BANK

    12 juillet 2018

    Read more
  • DANIEL FEAU - BELLES DEMEURES DE FRANCE, A HISTORIC REFERENCE FOR LUXURY REAL ESTATE IN PARIS

    26 juin 2018

    Read more
  • LUXURY REAL ESTATE HAS NEVER SOLD SO QUICKLY

    14 juin 2018

    Read more
  • LUXURY REAL ESTATE: MORE AND MORE PARISIAN APARTMENTS SOLD WITHIN 48 HOURS

    14 juin 2018

    Read more
  • “DANIEL FÉAU’S SINGULARITY IS ABOVE ALL THE LOYALTY OF OUR CLIENTS”

    6 juin 2018

    Read more
  • DANIEL FÉAU OPENS ITS FIRST AGENCY OUTSIDE THE CAPITAL IN AIX-EN-PROVENCE

    8 juin 2018

    Read more