Svoboda & Williams Offers Trophy Properties in Paris

“This year, the Paris residential market stabilized and settled at approximately 13% below its 2022 peak,” says Tom Lindner, international property consultant at Svoboda & Williams. At the same time, however, he goes on to explain that the luxury segment is not only resisting the decline in prices, but is actually growing. “The value of real estate above €4 million has increased by approximately 3% over the last two years, despite higher interest rates,” continues Lindner, adding that the French capital has always been a tight market and demand for exceptional properties from wealthy local and international clients has long exceeded the supply.

However, the general cooling of the market offers buyers a number of opportunities. “Competition has eased, prices are more favorable, in many cases are even similar to those in Prague. Buyers can benefit from Paris’s long-term market growth, transparent legal system, and stable ownership rules,” states Lindner.

The majority of the premium residential market in Paris consists of resale properties, from top-quality renovations of apartments in historic palaces to elegant houses with a distinctive French atmosphere. “Whether you dream of a romantic apartment in Montmartre, in the elegant Villa Montmorency neighborhood, or a penthouse with a view of the Eiffel Tower, the Parisian real estate continues to serve as a hedge against inflation and market volatility,” concludes Lindner.