Luxury Paris real estate professionals have smiling again. This market grew by 15% in volume in 2015, according to Barnes International. The group grew faster, since sold, in 2015, 738 in Capital goods (+ 38%), with a price increase of 3.2% on average. 'The Paris market benefits from the return of foreign buyers,' said Thibault de Saint Vincent, president of the group.
The 20% decline in two years of the euro against the dollar whets the appetite of the Americans, who had almost disappeared after the election of Francois Hollande. For the British, Paris has almost become a capital 'cheap': the average purchase price stood at 8040 euros per square meter in October in Paris, while it exceeded 22 thousand euros in the heart of London.
Buyers from the Middle East are also very present. 'For six months, sales are increasing in the neighborhood of the Avenue Foch among a new generation of buyers aged 25 to 35 years from Dubai, Doha, Qatar and Saudi Arabia' Mr. lists of Saint-Vincent. The interest of Chinese buyers is focused, he, on houses with garden in Neuilly-sur-Seine (Hauts-de-Seine).
The stock of goods for sale fell by 35%
Main downside, the segment assets worth between 2 and 4 million euros remains difficult, especially for large bourgeois apartment of the 16th district, not interested foreign customers. However, the demand for housing over 4 million euro is rising sharply. On this market, more than half of the buyers are foreigners or French do not live in France.
For experts Barnes, the Paris market should remain buoyant in 2016. 'Between 2012 and 2015, prices have jumped 30% to 40% in New York, Miami and London, while they have stagnated in Paris, said M . Saint Vincent. For an international investor, Paris is clearly the city where you have to buy right now. '
A vision shared by Charles-Marie Jottras, group president Daniel Féau, another major player in the luxury Paris region market: 'Since the second half of 2015, the atmosphere has changed. The market regained fluidity as buyers have realized that the fall in prices was over and that interest rates could only go up. '
After two years 'poor', Féau sales jumped 36% in 2015. Another sign of recovery, the stock of goods for sale fell by 35% during the second half. This shows that the November attacks have had little impact on sales.
Féau also confirms the return of foreign buyers, which represents one third of its sales. 'For goods of more than 10 million euros, 75% of buyers are not resident in France. But it sometimes comes to French expatriates, 'says Jottras.
Chez Emile Garcin, another significant player in this market, the bell sound is similar. 'After a 20% increase in sales volumes in 2015, we expect a similar increase in 2016, said Nathalie Garcin, executive director of the group. But prices should not go up because the proximity of the next presidential election will create a climate of uncertainty. '
06/07/2016 | Barnes International | 1203 vus | 0 com.
Thibault de Saint-Vincent at the 15th Economic Matinale
Thibault de Saint Vincent, President of BARNES will be the guest of the 15th Economic Matinale themed on Heritage & Culture. World leader of luxury real estate, BARNES stands internationally through highlighting the most beautiful cities and regions of France.
During his speech, Mr. de Saint-Vincent.........
24/05/2016 | Barnes International | 1220 vus | 0 com.
Updates on the luxury real estate market in Paris
In Paris, luxury real estate has never been worn as well. With the decline of the Euro, historically low interest rates and reasonable prices compared to other major European cities, the Paris real estate returns to form.
Paris is now the 7th most attractive city in the world for the ultra-rich, ie, those.........
23/05/2016 | Barnes International | 1636 vus | 0 com.
BARNES Marrakech gets a website
BARNES is pleased to present its new website, created for BARNES Marrakech.
Continuing its international expansion, BARNES chose to partner with a local partner with recognized expertise: the agency 'Immobilier International.........
23/05/2016 | Barnes International | 1783 vus | 0 com.
Auction of the house Le Moult, designed by Starck
You are acquiring and looking for an exceptional home in the Hauts-de-Seine?
BARNES offers a historic home designed by Philippe STARCK, with an exceptional environment at the heart of the Ile St Germain. Playing with symmetrical staircases, columns and volumes, double height, the house opens.........
09/05/2016 | Barnes International | 2939 vus | 0 com.
Carlos Cruz-Diez exhibition
Sharing with its international clients its appeal to the excellence and uniqueness, BARNES, luxury real estate leader, offers art exhibitions in its offices. Today, one of the most important figures of kinetic art, the Franco-Venezuelan artist Carlos Cruz-Diez, is hosted by Barnes in its agency rue du Faubourg Saint-Honoré (Paris 8th).........
02/05/2016 | Barnes International | 1427 vus | 0 com.
BARNES signs an exclusive Franco-Russian partnership with Kalinka
The President of BARNES, Thibault de Saint Vincent, and the President of the Board of Kalinka Group, Ekaterina Roumyantseva, formally announced their exclusive partnership. Founded in Moscow, the joint venture aims to support Russian buyers in their search.........
The luxury real estate is back, where to invest in 2016?
The year 2015 has signed the resumption luxury real estate market, according to Barnes branch network. The return to the reality of prices has triggered the French and foreign buyers, income massively on this premium segment. Now that the resurgence is confirmed, what are the areas on which to bet in 2016? Response elements.......
23/01/2016 | Tout Sur Mes Finances | 1586 vus | 0 com.
Luxury real estate: the super-rich return to Paris
Foreign wealthy clientele has made a comeback on the Paris market in 2015, Barnes reveals the network in its annual balance sheet. Falling prices and the foreign exchange effect largely explain this improvement.......
17/07/2015 | Barnes International | 3165 vus | 0 com.
Thibault de Saint Vincent or the art to celebrate the luxury
BARNES, through its excellence and its demands, is the reference in high end real estate for an international clientele. Meeting with Thibault de Saint Vincent, Founder and Chairman of Barnes, leading player of international prestige real estate.
16/06/2015 | Barnes International | 2975 vus | 0 com.
Update on the international high-end real estate - May 2015
1/ The French investment abroad
Exports and French investment abroad continued to strengthen in 2015. The French (young graduates, executives, wealthy families, entrepreneurs and traders ...) are now convinced that their professional future will be brighter abroad that 'France and that their investments there will obviously be more.........
15/06/2015 | Barnes International | 1901 vus | 0 com.
BARNES, Spa-Classic 2015 sponsor
The weekend of May 22 and 23 stood the Spa-Classic 2015. Amid the roar of different cars that competed legends, one could hear the Austin Healey, led by Julien Lemeille and sponsored by BARNES.
After a pretty good start, and despite some incidents in.........