Interview

Interview Philippe Lavie, Koté Palais

Interview Philippe Lavie

"The Carmen Immobilier Group, consisting of 14 agencies, was established in 1992 in the Pays Basque. Two years ago, we launched Koté Palais, a top luxury agency for a booming business. We specialise in waterfront properties, be they prestigious apartments with a view on the sea or traditional family houses. Though the economic downturn has impacted our business, the demand is quite stable, 80% of which comes from French citizens. A 100 sq m Biarritz apartment with a sea view can sell for up to €1.2 million, and a gorgeous inland farm house up to €2 million. Basque luxury properties are a safe haven, with three sought-after areas: Biarritz-Chiberta-Arcangues for the authenticity of a middle-sized city, Saint-Jean-de-Luz-Urrugne-Ciboure for more traditional surroundings, and Hendaye, where most of our clients are Spaniards."

Philippe Lavie - Koté Palais Groupe Carmen Immobilier, 4, avenue Impératrice, 64200 Biarritz. Tél. : 05 59 22 02 20. http://www.immobilier-kote-palais.fr

Interview Philippe Lavie