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In Paris, very expensive real estate has never sold so well
Immobilier Le Figaro - Written by Jean-Bernard Litzler 10/05/2022
While the average price in the capital could drop to below 10,000 euro/sqm, the most luxurious properties are breaking records both in price and in volume. As the saying goes, “ Paris qui pleure et Paris qui rit” ... While the real estate market has been increasingly difficult over the past few months for properties that are less than perfect, or even for those which simply do not benefit from an outdoor area, the luxury sector is more than holding...
The state of the French real estate market for the first 4 months of 2022
Market Report - Paris, May 13th 2022
Reports regarding the evolution of the real estate market have been numerous. They do not, however, always correspond with what we are experiencing in the field in our different sectors.It therefore seemed appropriate to share our observations, comparing the number of transactions achieved by our agencies within three price ranges: (transactions at prices ranging from 750,000 to 2 million euro, from 2 to 3 million euro, and at prices in excess of 3 million euro), and this over the first 4...
A resilient yet demanding market
Le nouvel Économiste by Romain Thomas the 08/04/2022
Buyers are still active, but hyper-selective regarding the quality of both assets and services As a direct result of the Covid-19 pandemic, French buyers have replaced international clients in the luxury real estate segment in France, and particularly in Paris. Despite a significant increase in price per square meter, customers are still in the market for luxurious properties offering state-of-the-art amenities. However, owing to administrative specificities and the historical character...
2021, a record year for real estate
Le Monde, 4th January 2022
In a changing market, low borrowing rates no longer compensate for rising property prices. In his economic report dated January 3rd 2022, Laurent Vimont, president of the Century 21 network whose 925 agencies concluded 50,000 transactions over the past year, observes “For the moment, the market is very active after records were broken in 2021". After an atypical year in 2020 penalized by eight weeks of lockdown, record sales indeed, close to 1.2 million and comparable to those achieved in...
Life annuity purchases are generating renewed interest
LE MONDE.FR - 04/01/2022
This market is becoming an investment opportunity for buyers and, for sellers, a response to a downside of longer life-expectancyThe life annuity market, hitherto somewhat confidential since it only accounts for 5,000 to 8,000 sales per year, has over the past three years become an increasingly popular option. New buyers, individuals and investment funds now see it as an investment and savings opportunity, and a growing number of vendors see it as an answer to a need for money."With an increasingly...
Parisian luxury real estate market in the context of the pandemic in 2021
Market Report - Paris, December 14th 2021
Although according to notaries the average prices per square meter in 2021 remained stable in Paris, they have increased by 3.5% in provincial towns and up to 7.5% for country houses and coastal properties. Many have suggested that Paris has fallen out of favour, and that to some extent the provinces are getting their “revenge”. Could it be that simple? Our sales in 2021 (compared to those in 2019, a record year) show a somewhat different evolution in buyer behaviour, and particularly for...
Luxury real estate in Paris: always bigger, always more expensive
IMMOBILIER.LEFIGARO.FR - By Jean-Bernard Litzler on 03/12/2021
INFOGRAPHIC - Despite the absence of foreign buyers, 2021 has been an excellent year for luxury real estate, even in the capital where the "traditional" market is nonetheless stagnating. When the health crisis broke out, luxury real estate networks were among many to be somewhat pessimistic about future activity. As the months passed, however, the projected decline in the luxury segment in which foreigners have always predominated, failed to materialize....
Charles-Marie Jottras : Luxury real estate is not in crisis
BFM BUSINESS - TV SHOW OF HEDWIGE CHEVRILLON ON 08/11/2021
On Monday 8 November, Charles-Marie Jottras, President of the Daniel Féau Group and Belles demeures de France, discussed the fact that luxury real estate is not experiencing a crisis, in the program Le Grand Journal de l'Éco presented by Hedwige Chevrillon. https://www.bfmtv.com/economie/replay-emissions/le-grand-journal-de-l-eco/charles-marie-jottras-groupe-daniel-feau-l-immobilier-de-luxe-ne-connait-pas-la-crise-08-11_VN-202111080428.html
Our new magazine Autumn-Winter 2021/2022
We are glad to share the new edition of our Daniel Féau - Belles demeures de France Magazine. Following on from our CEO’s update on the Parisian market, discover Éric Jansen’s fascinating articles on the coming Daniel Lebard collection auction at Christie’s, Jacques Grange, Apollonia Poilâne, Emmanuel Tarpin and Jean-Michel Othoniel. Then browse through our selection of superb apartments and private mansions for sale and rent, both in France and abroad. We hope you enjoy reading...
Harry Winston, the Diamond King, the King of Diamonds
Since it was founded in 1932, this iconic American jewellery company that bears its founder’s name has been a benchmark when it comes to exceptional diamonds and stones. Known as the "King of Diamonds" and the "Jeweller for the Stars", Harry Winston was instrumental in revolutionizing fine jewellery and quality watchmaking. By Heirama REICHART His innovative design philosophy was that it is the precious stone that dictates the design of every piece of jewellery, and this remains the...