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Parisian luxury real estate in great shape in 2021

Parisian luxury real estate in great shape in 2021

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2021 marks a very positive year for luxury and ultra-luxury real estate in Paris and Neuilly-sur-Seine, according to the Daniel Féau real estate agency, which specializes in high-end real estate.

The results remain extremely good for luxury real estate in Paris this year, despite a still heavy health context. The Daniel Féau real estate agency compared the figures for the first eleven months of 2019, an already record year, to the first eleven months of the current year. The result is clear : the cumulative amount of sales is up 39%, to the tune of 1.35 billion euros. And yet, it was not won !

 

Indeed, foreigners represent half of the buyers of luxury or ultra-luxury, and for 18 months, they necessarily respond less to the call of purchase by the crisis of Covid-19.

 

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Featured photo : © Sotheby’s International Realty France

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