Interview Hugues de La Morandière, Agence Varenne

Foreign clients usually drive luxury real estate prices up but the current fiscal reform, combined with the European financial crisis, should slow sales down considerably over the next few months. However, Paris is still one of the Top 5 real estate markets and demand remains high. Aside from a decrease in French clients, we manage Russian, South American, European, Chinese or expats assets. A270-sqm18th century townhouse at €8.25m or 160-sqmoverlooking the Invalides at €3.5m are some of our latest transactions.Wealso redesigned our website and will expand our Saint-Sulpice agency to 250 sq m of office space.

Hugues de La Morandière (Agence Varenne) - 75007 Paris - Tél. : 01 45 55 79 00