Where to invest in real estate?
15/10/2019

T he international luxury real estate market is booming. High net worth investors are interested in investing in safe investment. London, New York, Hong Kong and Miami have the favors of the richest of the planet, unlike Paris, slightly down.

The last spring, most professionals in the Paris area, but the price of a real estate market, despite a lull in the summer, would continue to see its price per square meter at least 2020. The backsliding them right: in September 2019, "interest rates Exploring all the records of their loans, "confirms the PAP site.

But where to invest in France? Despite the widespread enthusiasm, the question is delicate. According to the figures of the Chamber of Notaries of Paris, it is necessary to move away from the capital. Indeed, in the second quarter of 2019, sales in the United States are higher than in the second quarter of 2018. In the other hand, they grow up in the suburbs. "With 37,000 apartments sold over 12 months from July 2018 to June 2019 (record of activity), more apartments were sold in big crown than in Paris. , "analyze the Parisian notaries.

In the world, the proportion of wealthy people continues to grow. In five years, their number has jumped 46%. In 2013, the number of High Net Worth Individuals (HNWI) for people with more than $ 1 million in real estate and financial investments totaled 12.5 million people. And who is the most important part of the world, who occupies, for the most part, key positions in the top 500 global companies. "High-end real estate is still a safe haven," says Thibault de Saint Vincent, president of the Barnes Group. The stone represents, for people whose fortune is valued between one and five million dollars, 50 to 70% of their wealth. "

L ondon, world capital of Wealth.

According to the 2013 Wealth Report published by Cap Gemini and Knight Franck in 2013, London, New York and Hong Kong are among the most coveted cities in the luxury real estate segment. Then comes Miami, which doubles, for the first time, the city of Paris, yet 70% cheaper than New York. In London, which continues to have a double-digit price, between 70 and 90 days is estimated at 24,000 euros per m2. "The London market is extremely dynamic." Prices increased by 11% in 2013. The French with budgets between 2.5 and 10 million euros are the bulk of buyers, "said Thibault de Saint Vincent. In New York, "the year 2013 was the year of all records," according to Christophe Bourreau, director of the Barnes office of the American city. Demand is increased because of interest rates on loans, which are still attractive. Another factor: "the stock of prestige goods, very weak, is facing a local and international demand, very strong," he decrypts. As a result, prices by square meter have risen by 13% over the last twelve months and one in three real estate transactions materialize after an auction.

Foreign capital is also used in real estate investment in Portugal, which is at record levels, unsustainable for the population. "Said Pedro Lancaster, director of the consulting firm JLL.

"In Lisbon, prices have exceeded 8,000 euros per square meter," said Leo Attias, president of FIABCI-France, the International Federation of Real Estate. At the same time, there are new, very luxurious projects that are attracting a new clientele. We withdraw from 200 to 300,000 euros: the buildings made sometimes require more than 800,000 euros. So there is a backlash. In addition, the country offers more and more luxury real estate programs. He bases everything on golf. Which calls for a well-off clientele ".