Douglas Elliman Expands Internationally: New Ventures in France and Monaco

Douglas Elliman Expands Internationally

Douglas Elliman Realty, one of the leading luxury residential real estate firms in the United States, has officially announced its strategic international expansion into France and Monaco. This move aims to cater to the rising demand from American clients seeking high-end properties across the Atlantic.

Partnership with Industry Leaders

To spearhead this initiative, Douglas Elliman has joined forces with seasoned European real estate professionals, including Philippe Curutchet, Fredrik Lilloe, and Edward de Mallet Morgan. Their combined expertise in the luxury real estate market is expected to enhance the quality of service and provide a robust network for potential clients interested in acquiring properties in prestigious locations such as Bordeaux, the French Riviera, and Monaco.

During a recent annual sales meeting in Las Vegas, the announcement was made to an audience of agents and executives, further solidifying Douglas Elliman’s commitment to offering exclusive access to desirable real estate markets. The company plans to establish 14 offices and employ over two dozen agents throughout southern France.

Rising Demand for Luxury Properties

In recent years, there has been a significant uptick in American tourism to France, surpassing British and German visitors in 2024. This change has spurred a heightened interest in the French real estate market, particularly for properties valued over $5.85 million, which accounted for 30% of transactions along the prestigious Côte d'Azur. This $10.5 billion market presents an enticing opportunity for Douglas Elliman to tap into the growing appetite for luxury living in France.

A Vision for Global Excellence

Michael S. Liebowitz, President and CEO of Douglas Elliman Inc., highlighted that this expansion embodies the company’s vision for a truly global network, emphasizing a commitment to excellence.

Philippe Curutchet, a prominent figure in the French luxury real estate scene, founded Globality in 2009, focusing on high-end real estate transactions across France.

Fredrik Lilloe, with over 25 years in the luxury market, has achieved impressive sales, positioning him as a key player on the Côte d'Azur. Edward de Mallet Morgan brings over 20 years of experience managing transactions for ultra-high-net-worth clients across various countries, further enriching the team's capabilities.

As Curutchet states, the collaboration represents a perfect alignment of values and visions, promising exceptional service and global access to luxury properties.

Notable Sales and Market Trends

The team has recently recorded notable sales, including the prestigious Manoir de Pigranel in Mougins and the luxurious Villa Aquila in Cannes, both illustrating the high-value opportunities present in this market. They hope to continue this trend with listings such as the Château Louis XIII in Cannes and an exclusive property in Èze-sur-Mer.

This collaboration provides Douglas Elliman's vast clientele with direct access to premier properties in France while also enabling French and Monegasque clients to explore luxury opportunities in the U.S., leveraging Elliman’s extensive network and market expertise.

Future Horizons

As this expansion marks the beginning of Douglas Elliman's foray into strategic markets, further territories in the French Alps and Paris are anticipated to be announced in the coming months. Their approach goes beyond traditional franchise models, focusing instead on creating exclusive partnerships with professionals in line with their high standards of service and ethical work ethics.

In conclusion, Douglas Elliman's international expansion signifies a remarkable opportunity to redefine luxury real estate access, establishing a robust bridge between American property seekers and European offerings while maintaining an exceptional level of customer service.

For more updates regarding Douglas Elliman Realty’s international endeavors and their upcoming property listings, visit www.elliman.com.