High-end real estate: a buoyant market

Rising rates, difficulty borrowing... The situation seems complicated in France. Many of you therefore choose to rent because buying seems impossible. However, in the long run, it is more attractive to buy your main residence than to rent your home. How do you get out of this vicious circle? Perhaps by starting by understanding that there is not one but several real estate markets and that not all of them are doing so badly, especially in Île de France. We explain to you.

“General” residential vs “high-end” residential

“We are here more about a return to normal than a real crisis.”

With the increase in rates but especially with the tightening of credit access conditions, becoming a homeowner in Paris and its region is more and more complicated. It is clear that prices are falling or even falling slightly in some places. Sales times are longer. However, beware of cassanders: you have to compare the situation to the last 10 years and not only to the past year or the year before. It therefore seems important to us to remember that we have lived nearly 10 exceptional years in real estate, with good conditions of access to credit and property and that we are here more about a return to normal than a real crisis.

The “general” residential market in Île-de-France has the same constraints and opportunities as everywhere in France, except that this region is particularly affected by the ban on renting a property with a DPE lower than E and therefore great opportunities are available to those who will be able to transform these energy strainers into rental properties... And that's good news, that's our workhorse!

High-end residential: a promising market.

“Deadlines can be very short and the best apartments, the best placed, without faults, leave during the day.”

Because if there is a market that works differently and is doing well, it is that of “high-end” residential.. For the most part, buyers don't need credits. The effect Amélie Poulain Then Now the Effect Emily in Paris Make the capital very attractive for foreigners who dream of coming to live in Paris. The high-end real estate sector as well as luxury real estate has never fared so well, flawless properties are becoming rare and sales records per square meter are regularly broken. Deadlines can be very short and the best apartments, the best placed, without faults, leave during the day.

So there is nothing like buying a “general” residential property and converting the apartment into a “high-end” residential property to maximize its added value. And for that there are no secrets, just know-how.

• Knowing how to buy properties with high renovation potential, in sought-after neighborhoods, in remarkable buildings, playing the game of layout changes: a condominium cannot be changed, neither the exposure, nor the noise but for everything else there are architectural and design solutions.
• Know how to highlight ancient elements while combining them with modern comfort, respecting the best ecological standards. Be demanding when carrying out the work. Do not hesitate to put the price on a few specific elements of furniture, or on a tailor-made layout.

There is therefore clearly a two-speed market currently in France between general residential and high-end residential with significantly different developments and opportunities to be seized. It is by moving from one market to the other that Kyka succeeds and helps you invest. So, ready to buy your apartment?