Agence Bannan Properties
Launched in 2012, this agency directed by Alexandre Ban Nan took its place four years later within generous premises in the chic 7th arrondissement. Covering a wide geographic area, from the two banks of the Seine to the western suburbs of Paris, Bannan Properties offers its clientele a rich array of properties.
“My experiences in luxury real-estate groups shaped my values,” explains Alexandre Ban Nan. “At Bannan Properties, my team and I pay close attention to follow-up and assistance for our clients to whom we offer honesty and transparency at each and every stage.” Refusing to apply the “luxury” label to his agency, he shares its activities between classic transactions and an off-market service : “With this confidential service, we aim for an international clientele with high purchasing power. At the start of this new year, we already have four properties worth over 3 million euros, between L’Ile Saint Louis and Passy. For the Parisian market, we back up our recommendations and split our activities equally between Paris intra-muros and prized communes in the western suburbs, such as Levallois, Saint Cloud, Neuilly, Boulogne... Our bonus is the fall-back market. We introduce clients to communes and neighbourhoods they would not have considered instinctively : Neuilly instead of the 16th or 17th arrondissements, Issy les Moulineaux instead of the 15th… Buyers, and particularly families, thus gain in terms of space and lifestyle with houses or apartments benefiting from terraces or gardens. Properties within Paris are becoming scarce and prices are over the top, whence the enthusiasm for these communes. We recently sold a superb house of 600 m2 in Saint Cloud to a Parisian family, priced at over 4.5 million euros”. On the subject of the Parisian market, Alexandre Ban Nan concludes : “Forecasts for 2020 announce a further rise in sales and a slight progression in prices, from 3 to 5%. The trend for the fall-back market will be confirmed, and our expertise in communes in the western suburbs is a real asset”.
Agence Bannan Properties, 32 avenue Duquesne, Paris 7 (01 47 23 89 31). www.bannan-properties.com