Dubai’s Luxury Property Market Soars, Powered by Record-Breaking Penthouse Deals
The high-end luxury segment has been driving the unprecedented demand for Dubai’s property market in the post-pandemic period. Prices have reached record levels in the past two years, with high net-worth individuals from new markets such as Western Europe and the US flocking to cash in on the lower rates and high returns. The landscape […]
Europe’s Hottest Property Markets: Where Have House Prices Risen the Most?
While house prices across Europe have shown notable variation since the 1990s, Portugal’s property market has been carving its path, marked by some distinctive drivers. According to a spokesperson for the Portugal Property Team, Portuguese real estate prices have been primarily shaped by “foreign investment through the Golden Visa, contributing to a surge in demand […]
Malaga and Costa del Sol Lead the Super-Luxury Real Estate Market in Spain
A third of the high-end homes in the country are located in the province, and the vast majority of these properties are located in the so-called ‘golden triangle’, formed by Benahavís, Estepona and Marbella A third of Spain’s high-end homes are located in Malaga with Los Monteros, in Marbella, becoming the most expensive area to […]
Northern Cyprus: A Rising Star in the Luxury Real Estate Market
Northern Cyprus, an emerging market for luxury real estate, offers a wide range of attractive opportunities. With a tax-friendly environment, visa-free access to the EU, and a stunning coastline, this destination captivates foreign investors. The market has immense potential to become a global player, with renowned developers crafting properties for high-net-worth individuals. Backed by the […]
The 10 Most Valuable Real Estate Markets in the World
Just 10 countries contain 70 per cent ($141.5tn) of all global commercial and residential value (totalling $200tn). China and the US together make up 42 per cent ($84.8tn) of global property value alone. China is home to more of the world real estate market assets (by value) than any other country at $42.7tn or 21 […]
The Gem Of The Caribbean Sea’s Luxury Residential Market: Barbados Continues To Draw Foreign Buyers With Its Unmatchable Deals
Barbados is known for its exclusivity and its high concentration of luxury, diverse inclusivity, warm and friendly people, cleanliness, highly developed infrastructure, strong airlift and seaport cruise hubs. It has earned its name, “Gem of the Caribbean Sea”. The island is a safe investment with a strong dollar and economy and is considered a leading, […]
Priciest Neighborhoods are no Longer in New York and SF – with 9 of Top 12 in Florida and Rest in Beverly Hills
The most expensive neighborhoods are no longer in New York and San Francisco as many billionaires and celebrities relocate to Florida. Star Island in Miami is known to attract many A-list figures, such as Jennifer Lopez and Rosie O’Donnell, with a private gated bridge and luxury homes surrounded by Biscayne Bay turquoise waters. Homes on the man-made island […]
Luxury Home Prices Drop for First Time Since the Global Financial Crisis – and Will Likely Keep Falling
The price of luxury homes in the world’s top markets has turned negative for the first time since 2009, according to real estate tracker Knight Frank. The firm’s Prime Global Cities Index, which covers prices in 46 leading markets, dipped 0.4% annually in the first quarter. That’s down from a 3% increase in the fourth quarter and continues […]
Wealthy Internationals Head to Italy for Tax Breaks and Dolce Vita
From typical budgets to preferred locations and property types, Silvia Marchetti looks at how the profile of the average foreign buyer looking for a slice of Italian life has changed over the years. The vast rooms of Palazzo Raggi, an 18th-century architectural jewel a stone’s throw away from Rome’s Spanish Steps, were once lived in […]
New York Remains the World’s Top Super-Luxury Property Market
London, Los Angeles, Hong Kong and Miami complete the top five in Knight Frank’s annual index. New York retained its title as the world’s top super-luxury housing market last year—though it had to share the laurels with London, according to the latest index from Knight Frank. Both cities registered 43 sales of $25 million or […]