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- Le Nouvel Economist, November 16th 2023
Le Nouvel Economist, November 16th 2023
Ultra-luxury real estate is doing better than resisting by Laurent Calixte
Capped prices, a drop in sales, a decline in demand: this is the current observation in the high-end real estate market, particularly for properties whose value is between 1 and 7 million euros. But in the ultra-luxury segment – where property values are higher – the trend is stable, particularly if the property is located by the sea, in a high mountain resort or in the Paris region. In the midst of a period of rising interest rates and reluctance on the part of banks, professionals are dealing with a more negotiating and demanding clientele, particularly among young billionaires who are looking for turnkey, functional properties with very high-end services. .
Capped prices, a drop in sales, a decline in demand: this is the current observation in the high-end real estate market, particularly for properties whose value is between 1 and 7 million euros. But in the ultra-luxury segment – where property values are higher...
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Real estate, the new prices for the 2023 school year. This sometimes criticized sales strategy offers a property, often atypical, from a customer file, without advertising. A test that can hold some pleasant surprises.
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Like everywhere, access to property is becoming complicated. But, although transactions are fewer, prices remain high, particularly on the coast. Although the market is no longer as active as in recent years, it remains stable and buyers are present. Check out this...
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