High-end real estate: a booming market

Rising interest rates, difficulty securing loans… The situation in France seems challenging. Many of you are choosing to rent because buying feels impossible. Yet, in the long run, it is financially more advantageous tobuy your primary residence than to rent your home. How can you break this vicious cycle? Perhaps by first understanding that there isn't just one, but several real estate markets, and not all of them are struggling—especially in the Île-de-France region. Let us explain.

"General" residential vs. "high-end" residential

"We are seeing a return to normal rather than a true crisis."

With rising interest rates and, more importantly, stricter lending criteria, becoming a homeowner in Paris and the Île-de-France region is becoming increasingly difficult. It is clear that prices are leveling off or even dipping slightly in some areas. Sales are taking longer to close. However, beware of the doomsayers: you must compare the current situation to the last 10 years, not just the past year or two. It is important to remember that we experienced nearly 10 exceptional years in real estate, with favorable conditions for credit and homeownership, and that we are currently seeing a return to normal rather than a true crisis.

The "general" residential market in the Paris region faces the same constraints and opportunities as the rest of France, with the exception that this region is particularly affected by the ban on renting out properties with an energy performance rating (DPE) lower than E. This creates great opportunities for those capable of transforming these energy-inefficient homes into rentable properties—and as it happens, that is Maison Kyka's specialty.

"High-end" residential: a thriving market

"Timelines can be very short, and the best, most well-located, flawless apartments sell within the day."

Because if there is one market that operates differently and is performing well, it is the "high-end" residentialmarket. Most buyers do not require financing. The Amélie effect, and now the Emily in Paris effect, make the capital highly attractive to foreigners who dream of living in Paris. The high-end and luxury real estate sectors have never been stronger; flawless properties are becoming rare, and price-per-square-meter records are regularly being broken. Timelines can be very short, and the best, most well-located, flawless apartments sell within the day.

There is nothing like buying standard residential property and upgrading it tohigh-end residential to maximize your capital gain.

And there is no secret to that, just expertise. 

• Knowing how to buy properties with high renovation potential, in sought-after neighborhoods and remarkable buildings, and playing the game of layout changes: you cannot change a condominium, its orientation, or the noise level, but for everything else, there are architectural and design solutions. 
• Knowing how to highlight period features while combining them with modern comfort and meeting the highest ecological standards—renovating a Haussmann-style apartment is an excellent strategy in this regard. Being demanding about the quality of the work. Not hesitating to invest in a few specific pieces of furniture or custom-made fittings.

There is clearly a two-tier market in France right now between standard residential and high-end residential, with radically different trends and opportunities to be seized. By bridging the gap between these two markets, Maison Kyka stands out and helps you invest.

So, are you ready to buy your apartment?