Interview with Alexander Kraft "Chairman & CEO of Sotheby's Immobilier": "In luxury real estate today, it's still the French who are buying!"

Tuesday, December 5, 2023 - Boursorama - Show presented by David Jacquot

Share this link

This Tuesday, December 5, 2023, Alexander Kraft, Chairman & CEO of Sotheby's Immobilier France-Monaco, was the live guest on Ecorama la chaîne digitale de la société Boursorama, presented by David Jacquot on Boursorama.com. Discussions immediately focused on the following topics: Price trends & sales volume in the luxury real estate market, types of property in demand, average sales price and investor/buyer profile. "The high-end real estate market has always operated in cycles, with a 2-speed market", to quote Mr. Kraft. Despite a collapsing market for ordinary real estate, with declines of up to 30%, luxury real estate is doing insolently well, with an average sales volume of around €2 million in 2023, compared with €1.2 million in 2022, according to the CEO of Sotheby's International Realty France-Monaco. The French are still the most regular customers.

***
Bretagne Sud Sotheby's International Realty, your Prestige real estate expert in South Brittany and North Brittany.

The latest news

Jane Birkin's beloved house bought by a famous French novelist

Bretagne Nord Sotheby's International Realty office is delighted to unveil the latest article in Immobilier le Figaro highlighting the villa “Kachalou”, Jane Birkin's Breton refuge, and sold exclusively by Olivier Lintanf, real estate broker at Bretagne Nord...

Sotheby's prize-giving ceremony | Jumping International de La Baule

This Sunday, June 9, 2024, your Bretagne Sud Sotheby's International Realty office, as a partner of Jumping, had the pleasure of taking part in this 63rd edition of the Officiel de France, bringing together the elite of the genre on the lawn of the François-André...

Event : Jumping International de la Baule 2024

From June 06 to 09, 2024, La Baule will welcome the show jumping elite to the Stade François André for the Officiel de France - CSIO 5*. Your Bretagne Sud Sotheby's International Realty agency, as an official partner of Jumping, is delighted to take part in this...