5 minute BRIEFING Residential property JANUARY 2024 The French luxury property market - barometer We take a look at what happened last year and make our predictions for the market in Paris, the Alps, the Côte d’Azur and country estates in general. A look...
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5 minute BRIEFING Residential property JANUARY 2024 The French luxury property market - barometer We take a look at what happened last year and make our predictions for the market in Paris, the Alps, the Côte d’Azur and country estates in general. A look back at 2023 After years of unprecedented growth, 2023 was the year that the buyers and aware that in a reduced field there were opportunities overall French property market, in common with most European to be had. countries, hit the brakes. Total sales fell from 1.2m to 875,000 and In the Alps, Heather Thompson tells us “The French Alps are prices fell by 2% across the country. one of the most diverse and resilient markets in Europe. The Data for the luxury market is harder to come by, but it is clear international nature of buyers, particularly in the world-famous that the top end of the market has remained resilient, and demand resorts, stimulates a global demand that offers security and is still strong for prime property. France is
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