In France, despite the health crisis, prestige real estate is doing well

According to Belles Demeures, the portal of the SeLoger group specialized in the prestige segment, buyers are still coming despite the pandemic.

Despite the pandemic, inflation, the energy crisis and geopolitical turmoil, the luxury real estate market is holding up well. Buyers, looking for a privileged environment, are betting on houses, much more than on apartments, according to a study by Belles Demeures. Ignoring the pitfalls, luxury real estate continues the good momentum it had already started before Covid, and maintains its attractiveness in all corners of the country.

In fact, prices in the luxury segment rose by 1.9% between June 2021 and June 2022, according to the latest barometer of the Belles Demeures portal. Buyers, like sellers, are still confident in the future, with 76% of would-be buyers believing that their project will be completed in the coming year. This rate even reaches 85% among sellers of luxury properties. The notion of a safe haven is more relevant than ever: 79% of sellers and 68% of buyers surveyed by Belles Demeures consider it a safe investment.

In Paris

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Featured photo : © Wretman Estate

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Hélène Cougot

Passionnée depuis son plus jeune âge par l’art et la mode, Hélène s’oriente vers une école de stylisme, l’Atelier Chardon-Savard à Paris, avec une option Communication. Afin d’ajouter des cordes à son arc, elle décide de compléter sa formation par un MBA en Management du Luxe et Marketing Expérientiel à l’Institut Supérieur de Gestion à Paris dont elle sort diplômée en 2020. Elle a notamment écrit des articles lifestyle et beauté pour le magazine Do it in Paris et se spécialise en rédaction d’articles concernant le luxe, l’art et la mode au sein du magazine Luxus Plus.********** [EN] Passionate about art and fashion from a young age, Hélène went to a fashion design school, Atelier Chardon-Savard in Paris, with a Communication option. In order to add more strings to her bow, she decided to complete her education with an MBA in Luxury Management and Experiential Marketing at the Institut Supérieur de Gestion in Paris from which she graduated in 2020. She has written lifestyle and beauty articles for Do it in Paris magazine and specializes in writing articles about luxury, art and fashion for Luxus Plus magazine.