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Coronavirus: "The Parisian real estate market will not collapse"
LEPOINT.FR - BY BRUNO MONIER-VINARD ON THE 02/04/2020
"A significant drop in prices is highly unlikely in the capital's luxury property market, assures the Daniel Féau group's CEO Charles-Marie Jottras. Charles-Marie Jottras, CEO of the Daniel Féau-Belles Demeures de France group, Parisian leader in luxury real estate with some 110 employees, predicts a relatively serene future for the premium Ile-de-France market. Le Point: How is the epidemic affecting your activity? Charles-Marie Jottras: People are nervous, anxious, it's a bit of a mess. Everyone...
REAL ESTATE, IT'S NOT TOO LATE TO BUY!
MIEUX VIVRE VOTRE ARGENT - MARCH 2020
"A significant rebound seems unlikely" "Who is buying today? How are mortgage conditions evolving? To what extent can property prices continue to increase? And finally, is there a risk of a property bubble in France today?" These are questions that experts from the major agency networks, developers and mortgage brokers sought to answer during our round table. In short, their conclusion was that the French passion for real estate remains intact and could even strengthen, due to a fall in profit...
REAL ESTATE SUPPLY IS PARALYSED IN PARIS SIGNIFICANTLY MORE THAN IN OTHER CAPITALS
LESECHOS.FR - BY JEAN-DENIS ERRARD ON THE 24/01/2020
"THE REAL ESTATE MARKET IN THIS "WORLD CITY" IS INCOMPARABLE TO OTHER MARKETS, AND OBEYS ITS OWN RULES. “Everyone has been saying for years that prices and volumes are going up, and I’m a bit embarrassed to labour the point. So today... I'm going to announce a massive real estate crash.” This is how Charles-Marie Jottras, president of the Daniel Féau group, began his annual conference on the market trend. He was, of course, poking fun at the gloom mongers who, over the past two or three years,...
THE 12 RUE OUDINOT SALE ACHIEVES 35,1 M€
BUSINESS IMMO – THE 23/01/2020
"This exceptional private mansion located at 12 rue Oudinot in the capital’s 7th District was sold for 35.1 million euro in a remarkable sale organised in partnership with Daniel Féau Commercialisation (the Daniel Féau/Belles demeures de France department specialised in institutional transactions). The starting price was 6 million euro. The property rubs shoulders with sumptuous 18th century private mansions, among them the Bourbon Condé hotel which was sold by Daniel Féau to a wealthy foreign...
TREAT YOURSELF TO A COUNTRY HOUSE ... RIGHT IN THE HEART OF FAUBOURG SAINT-GERMAIN
LE PARISIEN - BY ÉRIC LE MITOUARD ON 16.01.2020
An incredibly rare property was up for auction on January 23rd 2020. An abandoned private mansion hidden behind a building which had also stood abandoned for some thirty years in the capital’s 7th District. Rue Oudinot (7th District). The ensemble comprises a building set by the street, an inner courtyard and a period mansion opening onto greenery and surrounded by a number of neighbouring gardens. REAL ESTATE AGENTS consider the property to be exceptional, unique, phenomenal... There...
THE PRICE OF REAL ESTATE ROCKETED IN 2019
LEMONDE.FR – BY ISABELLE REY-LEFEBVRE ON THE 06.01.2020
"Although low interest rates led to a significant rise in prices in 2019, the situation is expected to steady somewhat in 2020. The year 2019 saw the market for old properties leap from record to record, starting with the number of transactions, some 1.059 million according to notaries, which was up 100,000 compared to 2018, representing a 10.4% increase. The Century 21 network’s 2019 balance sheet (902 agencies) published on January 6th indicated a 3.1% increase per sqm for apartments and a...
THE SRU LAW HAS DRIED UP THE MARKET IN THE WEST OF PARIS
LESECHOS.FR - BY MARIE-CHRISTINE SONKIN ON THE 02.01.2020
"The imbalance between supply and demand is growing for family apartments in the west of the capital. How is “luxury” real estate defined? It is customary to speak of "luxury" real estate when the cost of a transaction exceeds 1 million euro. In Paris, 92% of sales are at prices below this figure. In the capital, the "luxury" market represents just 3,000 sales per year, and it is also important to “segment” this market for there is little in common between an asset valued 1.5 million and...
IN PARIS, THE LUXURY MARKET DOES NOT RISK A REAL ESTATE BUBBLE
LEFIGARO.FR - BY JEAN-BERNARD LITZLER ON THE 15.12.2019
"Despite a surge in prices not only for assets worth several million euro but also for “average” housing, professionals are confident that the market is stable. Can a real estate market where average prices have quadrupled in 20 years (according to figures from notaries) really stay in touch with reality? This question, which would appear to be entirely reasonable, has been on the back of the minds of real estate professionals in Paris for many months (if not years). In the city, the notion...
THE THREE-BED FAMILY APARTMENT, THE RARE PARISIAN GEM
LE FIGARO MAGAZINE - BY JEAN-BERNARD LITZLER ON 27.12.2019
"There is a strong demand for family apartments and too little supply to cope with it. The Parisian real estate market, especially for quality assets, suffers from a shortage in supply, it’s no secret. But there is a type of apartment that is even harder to find than one that is flawless yet compact: the classic 3-bed family apartment. As long as it benefits from an optimised floor plan and offers between 130 and 150 sqm of living space, rest assured that it will find a buyer very quickly. "It...