In the opinion of Catherine van Aal, associate director of the Barnes agency in Neuilly-sur-Seine, the real estate frenzy of the post-Covid years is a thing of the past: “Sales times have
lengthened.
The buyers take care of the slightest defect.
If the property is located on the 1st floor of a building, it is not of high standing or it overlooks a busy artery, the seller must revise its price downwards.
Thus, within the same co-ownership boulevard Jean Mermoz, an apartment with a balcony on the top floor can sell for 15,000 €/m² when, for the same surface area, that on the 1st floor will sell for 10,000 €/m².
The 1.6% drop in prices in Neuilly-sur-Seine, according to data from the Chamber of Notaries of Greater Paris, only affects a certain category of goods.
Houses remain popular in the city and continue to be exchanged quickly and at exorbitant prices, such as this pavilion with a garden overlooking a private road rue du Château, sold for 6 million euros before work.
“In Neuilly, the exceptional…
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