The luxury real estate market is thriving in Deauville. With a varied high-end offering and a favorable geographical location, the city is more appealing than ever to buyers of. Discover with Michaël Zingraf Real Estate the characteristics of the prestigious Deauville market.
Deauville: A Historically Prestigious Real Estate Market
Deauville has been a sought-after destination for a chic clientele for several centuries. As early as the 1860s, the natural and architectural heritage of the town, along with its prestigious hotel offerings and casinos, attracted high society.
After a decline in the early 20th century, Deauville regained its status in the 1920s as a vacation hotspot favored by European aristocracy and wealthy industrial families. These families built magnificent seaside homes with elegant architecture. The Deauville casino then shone brightly: it became a significant venue for social gatherings, while the racetrack attracted all the country's gamblers.
After World War II, the Belle Normande quickly regained its splendor. It attracted wealthy buyers thanks to its prestigious casinos, high-end hotels, equestrian events, sandy beaches, golf courses, and charming marina. The Palais des Congrès and the International American Film Festival also contributed to making Deauville a highly desirable destination.
Luxury Real Estate in Deauville Today
While the luxury market in Deauville has always been popular with buyers, it has recently experienced a new boom. Unlike other sectors in the town, the prestigious real estate market is thriving: sales of high-end properties continue to rise, and multi-million euro offerings find buyers with ease. On the luxury market, second homes are the most sought-after type of property.
What is the Profile of Buyers in the Prestigious Market in Deauville?
In Deauville, the luxury market is highly favored by the French. The clientele comes 90% from France, with a large majority being Parisians (over 75%). This characteristic has earned it the nickname "the 21st arrondissement of Paris."
Today, buyers of prestigious properties are mainly young retired Parisians, in love with Normandy and attracted by the numerous possibilities offered by the Deauville region. The town also offers an average price of around €4,650 per square meter for apartments and €5,350 for houses.
Sale of Exceptional Properties in Deauville
Are you looking for rare or prestigious properties in Deauville? Specializing in luxury real estate since 1977, our real estate agency in Deauville, Michaël Zingraf Real Estate, offers exceptional listings on the Côte Fleurie. Our extensive market knowledge allows us to have one of the most prestigious selections of houses and apartments.
Find your dream property among our listings in Deauville and its surroundings: traditional Norman houses, castles and manors, high-end apartments, contemporary-style villas overlooking the sea, stunning period buildings made of natural stone, exceptional waterfront estates… Our professionals will guide you through every step of your purchasing project and assist you in your search for prestigious properties.