Properstar Blog | The Real Estate Blog

In this interview, Gerard Paratte, CEO of Properstar, explains how the Sell with Properstar service is a real asset for sellers.  

In this interview, Gerard Paratte, CEO of Properstar, gives us his analysis of the state of the real estate market in Europe today, but also his vision for the future of real estate and its main players.  

The real estate market in London is known to be one of the most dynamic in Europe. As a global financial center, the city attracts local and international real estate investors. However, with inflation at 10%, rising interest rates and global economic uncertainties, the London real estate market has taken a hit in recent months. Economists are even talking about a coming recession and property prices have fallen by an average of 1.1% year-on-year in the UK. The real estate market across the board has therefore slowed down. So what does the real estate market look like in London in 2023? In this article, we will look at the current trends in the real estate market in London, the most popular neighborhoods and the different factors to consider when buying a property in the British capital. 

After two booming years for the real estate market, the trend seems to be reversing all over the world against the backdrop of the war in Ukraine. Rising credit rates, inflation, tense global political situations, a downturn in the real estate market is underway. From the United Kingdom to France via the United States, Sweden or China, transactions are on the decline and prices are falling. The post-pandemic real estate price boom has come to an end and a visible decline in real estate transactions has begun. So can we expect a general real estate crash in 2023?

At Properstar, we like to innovate and make life easier for ourusers. Real estate buyers are interested in investing, and therefore, will watch their budget closely. Indeed, the price of real estateisone of themostfollowedparametersby future buyers.We have designed the monitoring of price drops withthisin mind.Findout how thisnew featurewillhelp youbuythe propertyof yourdreamsat the best price! 

How much is my house worth? This is a question every homeowner should ask themselves, whether he is thinking of selling his property or just curious as to how much it would be worth today.

Well, now it is possible to answer this question in a few clicks thanks to our Properstar simulator.

2022 is going to be an interesting year in France. For a start, France has just taken over the presidency of the Council of the European Union. And in the spring, the country will be electing a president. There's a lot going on. And of course, there's still the pandemic to be accounted for, with Omicron currently ripping through the country. 

Portugal has had a relatively 'good' pandemic, holding one of the world's highest rates of vaccination and citizens who have really tried to make social distancing and mask-wearing work. That's reflected in the way the property market picked up in 2021, with a high number of transactions - volumes were up 25%, at a value 38% more than in 2020, with prices rising throughout the year.  

Simplifying your premium property search

Searching for a premium property is not an easy thing because of various criteria that differ from buyer to buyer.

Today I'm excited to announce our latest feature to help you find your dream home: you can now draw on the map to define your search area.

How to track new listings coming to the market? We have the answer – use My Home feature we’ve done for you! Go to Properstar portal and you will see new listings for your selected location right away. Every time you visit the site, you’ll get the update.

Bitcoin has its impact on multiple fields around the world, even Elon Musk confirmed that you can buy now a Tesla with Bitcoin. It simplifies the purchase process by avoiding the bank transfer procedures (especially in international deals), connecting buyer and seller in real-time and speeding up the process, even if you’re buying from another part of the world.