Preferences Preferences To safeguard0
Contact us
Paris Ouest (Paris 16ème - Victor Hugo)
Sotheby's International Realty
Paris Ouest (Paris 16ème - Auteuil)
Sotheby's International Realty
Paris Ouest (Paris 17ème - Etoile Monceau)
Sotheby's International Realty
Paris Ouest (Neuilly-sur-Seine)
Sotheby's International Realty
Paris Ouest (Hauts-de-Seine - Yvelines)
Sotheby's International Realty
Paris Marais
Sotheby's International Realty
Paris Est
Sotheby's International Realty
Send an email

Preferences

Currency

My research
  1. Home
  2. >
  3. All news
  4. >
  5. Press
  6. >
  7. "2020 should be a record year for luxury real estate" : Alexander Kraft
Posted on 03/18/2020

"2020 should be a record year for luxury real estate" : Alexander Kraft

My Sweet Immo

Share this link
Alexander Kraft, CEO of Sotheby’s International Realty France- Monaco, is looking forward to a great year for luxury real estate in France and Monaco in 2020.

The results for 2019 were excellent, and this should continue in 2020. As he points out, numerous sales last year were put off to 2020 owing to social unrest in France. “Sales were impacted by 2 negative factors: the "yellow vest" protests (which significantly slowed down weekend activity in Paris), and strikes (which affected potential buyers' mobility at the end of the year, and especially those coming from abroad). Consequently, a non-negligible number of Parisian sales were put on hold until 2020”. Regional markets have also followed the trend. Alexander Kraft explains. "The French have regained confidence in real estate and today are buying not only to upgrade their main residence or buy second homes, but also to make strategic investments for the future". As a result, we have observed that prices have increased across the real estate market in France, more good news for Sotheby's International Realty France – Monaco. 

Click here to read the article. 

Discover our luxury homes for sale in Paris
The latest articles
Ultra-luxury branded residences: Paris redefines prestige Real Estate
Read more
Ultra-luxury branded residences: Paris redefines prestige Real Estate

Paris is entering a new era of luxury real estate with the arrival of branded hotel residences developed by Maybourne, the iconic group behind Claridge’s in London. At the heart of the French capital, in the historic Îlot Saint-Germain, once a convent, literary...

Read more
Luxury Real Estate in the Hauts-de-Seine: Timeless elegance west of Paris
Read more
Luxury Real Estate in the Hauts-de-Seine: Timeless elegance west of Paris

Amid a slight recovery in the Greater Paris real estate market observed in early 2025, Hauts-de-Seine communes such as Rueil-Malmaison, Neuilly-sur-Seine, and Saint-Germain-en-Laye are asserting themselves more than ever as premier destinations for luxury real...

Read more
March 2025: Real Estate rebounds in Paris – A new opportunity for the prestige market
Read more
March 2025: Real Estate rebounds in Paris – A new opportunity for the prestige market

After two years marked by uncertainty, caution, and a significant slowdown in transactions, the Paris real estate market is entering a new phase. March 2025 signals a turning point: buyers are returning, driven by lower interest rates and price stabilization. For...

Read more