What a luxury real estate buyer wants - Paris

Unlike in London, most of the luxury real estate in Paris is often bought for rest and vacations, but rarely for business. The main accent here is made on location and conveniences. However, de luxe real estate buyers here also pay great attention to the quality of building and offered services.

Those who want to buy an extraordinary apartment or a condo in Paris are looking for ones with ancient and retro-features like fireplaces and baroque decoration. Quality interiors along with woodwork floors and two bathrooms are of considerable demand.

The common thing that can be observed everywhere speaking about luxury real estate is a picturesque view out of the window. River views and historic panoramas drag attention of wealthy buyers in Paris. The newer buildings offer concierge services, air conditioning and parking areas.

People who are fond of extravagant buys are always eager to get something 'Parisian'. They are looking for a harmonious mixture of an antique building and high-tech equipment within downtown areas, preferably overlooking Seina River. However, it's always hard and sometimes even impossible to find all those features within a single property.

Buyers of older houses and apartments in restored buildings often have to bear with the absence of a parking lot, and only few expect air conditioning to be installed. Unfortunately, concierge service is provided mostly in newly-erected buildings often located out of the historic downtown of Paris.

About 7% of all downtown real estate in Paris is owned by foreigners, while in Champs Elysees foreign property owners constitute 40%.

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Author: Cameron Lindblom, RealEstateGates.com