Anyone buying a luxury property in Spain should be aware that the long correction of house prices which started in 2008 and which, according to the main indexes, has seen average values dropping by almost 40% peak to date, is still under way. Property analysts believe that the overall market is not expected to truly [...]
In our latest post, we outline the typical costs involved in buying a luxury property in Paris and the Côte d’Azur.
In a study conducted in 2011 we estimated that on average every year in France between 12,000 and 15,0o0 luxury properties are sold (costing more than €1 million or more than €10,000 per square meter) which represent approximately 2% of total property transactions, more than one third of which are executed in Paris. Yet the [...]
The strength of the luxury real estate market on the Côte d’Azur is mainly down to foreign buyers. The region is historically linked to the foreign community in particular the British aristocracy who came to the area at the end of the 18th century before it grew in popularity with the European nobility. Photo Credit: Gordon [...]
