Junot : A promising 2025 vintage
Following a complicated first half in 2024, the property market in Paris has gradually begun to flow more smoothly and the first indicators for the start of this year are very positive. Interview with Nicolas Pettex-Muffat, recently appointed General Manager for Junot.
The rise in sales agreements and the number of new buyers since the beginning of 2025 confirm real progress and a concrete recovery on the Parisian market, as explained by Nicolas Pettex-Muffat. “Positive signs are there to be seen. In Junot agencies, the number of new enquiries from buyers doubled in January 2025 compared with January 2024. And the number of apartments and private mansions currently under sales agreements is up 68% compared with what we recorded in the same period last year. The decline in interest rates, now below 3%, is encouraging “domestic” clients who, after postponing their plans on many occasoins, are again taking up positions on the market. As for international buyers, parity between the euro and dollar is very favourable for Americans, who are gaining over 25% in buying power for real estate by combining lower prices with the rise in value of their currency versus the euro, all inciting them to return to the Parisian market.
After 15 years at the helm of the Féau group, Nicolas Pettex-Muffat, an expert in luxury real estate, joined the Junot group at the end of 2024 as General Manager in charge of this family firm’s development in France and internationally.
After 15 years at the helm of the Féau group, Nicolas Pettex-Muffat, an expert in luxury real estate, joined the Junot group at the end of 2024 as General Manager in charge of this family firm’s development in France and internationally.
On the 2nd floor of a Haussmann building with lift in Solférino, this elegant apartment of 366 m2 has been refurbished as new by an architect. It is comprised of spacious living rooms and four bedrooms including a master suite. A studio, staff bedroom and cellar complete the property.
On the 2nd floor of a Haussmann building with lift in Solférino, this elegant apartment of 366 m2 has been refurbished as new by an architect. It is comprised of spacious living rooms and four bedrooms including a master suite. A studio, staff bedroom and cellar complete the property.
On Place du Trocadéro, on the 6th and top floors reached by lift, this sublime apartment like a house on the rooftop, renovated throughout and in turnkey condition, enjoys a spectacular view of the Eiffel Tower. Its living space of 235 m2 is comprised of two living rooms, a dining room, kitchen, and four bedrooms including a master suite. A studio on the same landing and three cellars complete the property. Double box-garage optional.
On Place du Trocadéro, on the 6th and top floors reached by lift, this sublime apartment like a house on the rooftop, renovated throughout and in turnkey condition, enjoys a spectacular view of the Eiffel Tower. Its living space of 235 m2 is comprised of two living rooms, a dining room, kitchen, and four bedrooms including a master suite. A studio on the same landing and three cellars complete the property. Double box-garage optional.
On Place du Trocadéro, on the 6th and top floors reached by lift, this sublime apartment like a house on the rooftop, renovated throughout and in turnkey condition, enjoys a spectacular view of the Eiffel Tower. Its living space of 235 m2 is comprised of two living rooms, a dining room, kitchen, and four bedrooms including a master suite. A studio on the same landing and three cellars complete the property. Double box-garage optional.
On Place du Trocadéro, on the 6th and top floors reached by lift, this sublime apartment like a house on the rooftop, renovated throughout and in turnkey condition, enjoys a spectacular view of the Eiffel Tower. Its living space of 235 m2 is comprised of two living rooms, a dining room, kitchen, and four bedrooms including a master suite. A studio on the same landing and three cellars complete the property. Double box-garage optional.
On the 3rd floor reached by lift in a 17th-C. building on Rue du Mail, a stone’s throw from La Place des Victoires, this outstanding apartment of 106 m2 offers a living room, dining room, fully equipped kitchen, and two bedrooms including a Master, all benefitting from magnificent appointments.
On the 3rd floor reached by lift in a 17th-C. building on Rue du Mail, a stone’s throw from La Place des Victoires, this outstanding apartment of 106 m2 offers a living room, dining room, fully equipped kitchen, and two bedrooms including a Master, all benefitting from magnificent appointments.
On the 4th floor of a handsome freestone building with lift in the neighbourhood of L’Europe, this magnificent apartment of 133 m2, fully refurbished as new, offers a spacious living room with three windows, a dining room, separate kitchen, and three bedrooms. Cellar.
On the 4th floor of a handsome freestone building with lift in the neighbourhood of L’Europe, this magnificent apartment of 133 m2, fully refurbished as new, offers a spacious living room with three windows, a dining room, separate kitchen, and three bedrooms. Cellar.
Buyers in search of very fine apartments in prime locations and in turnkey condition are now joined by a younger clientele looking for more compact properties on lively Parisian streets dotted with little cafe´s, pastry shops, cheese-makers, such as Rue des Martyrs in the 9th arrondissement. Already present in 2024, an Asian clientele, second generation Chinese, from Hong Kong, Taiwan or Singapore, is confirming its love of Paris and its appetite for tangible assets in euros, and focusing on ultra-luxurious properties.” And the future ? “The Parisian market is a market characterized by scarcity, and bricks and mortar remain a safe haven,” says Nicolas Pettex-Muffat.”I would bet more on an apartment in Paris than New York at the moment.”
