Propriétés Parisiennes Sotheby's IR

After inaugurating an agency in the 9th arrondissement in the spring of 2021, the Propriétés Parisiennes Sotheby’s International Realty group is looking forward to launching a new agency in 2022 at the very heart of the capital. Encounter with Delphine Avitan, Manageress of the Saint-Sulpice agency.

Propriétés Parisiennes Sotheby’s International Realty is pursuing its development and reinforcing its presence on the Right Bank with the opening of a new agency in the coming months, located right at the heart of Paris.

“The success of the agency we opened last spring in the 9th arrondissement has encouraged us to expand on the Right Bank and further explore central arrondissements like the 1st and 2nd,” explains Delphine Avitan. Backed by a portfolio of prestige properties including luxury apartments, houses and private mansions, the group proposes bespoke services that build loyalty among a clientele with high purchasing power, mainly French since the Covid pandemic.

On the 2nd floor of a smart old building with a lift near Rue du Bac and Le Bon Marché, this sublime apartment of 120 m² in perfect condition offers very generous volumes. It is comprised of a living-room, a fully equipped kitchen opening out to the dining-room and 3 bedrooms including a master suite. 2.850.000 €.

Delphine Avitan joined Propriétés Parisiennes Sotheby’s International Realty in 2011 as a trainee. Following experience in New York, she rejoined the agency in 2013 as a negotiator before being appointed Manageress of the St-Sulpice agency when it opened in 2017. Propriétés Parisiennes Sotheby’s International Realty, 29, rue Saint Sulpice, Paris 6 (01 82 73 25 00). www.proprietesparisiennes-sothebysrealty.com

On the 2nd floor of a handsome 19th-C. building with a lift on Avenue Trudaine, this elegant family apartment, refurbished as new by an architect, benefits from a large balcony. Its living space of 115 m² is comprised of a dining-room with an open-plan kitchen, a large lounge with a fireplace, and 3 bedrooms including a master suite. A fitted cellar completes the property. Vendu à 1.850.000 €.

This split-level apartment occupies the top two floors of an old freestone building with a lift close to Avenue de Trudaine and Rue des Martyrs. From its balconies, it enjoys fabulous views of the Sacré Cœur and the rooftops of Paris. Its living space of 213 m2 is comprised of a spacious, light and airy lounge, a dining-room, a separate kitchen, 2 studies and 4 bedrooms including a master suite. Large cellar in the basement. 3.250.000 €.

“Contacts with foreign clients are becoming more regular, though we have not yet seen a significant comeback since the crisis, except for the niche market of exceptional properties which has remained particularly active, notably with American buyers,” says Delphine Avitan. “The market in Paris has nevertheless been very buoyant at the start of this year with highly motivated French clients. The core of demand targets apartments from 100 to 150 m² with two or three bedrooms, suitable as either a family apartment or a pied-à-terre.

This type of property has become rare on the market. Prices are stable, though evaluations are still very high in the best neighbourhoods of Paris and for properties of quality : from 18,000 to 30,000 € per sq.m on the Left Bank and from 15,000 to 25,000 € per sq.m on the Right Bank. 2021 was a prosperous year with figures close to those recorded prior to the Covid crisis. The market for second residences is also witnessing strong expansion, currently confirmed both in chic resorts such as Megève or Courchevel and provincial towns such as Biarritz or Deauville”.