Portugal’s Property Market Continues to Deliver Value Compared with Major International Real Estate Markets
Real estate buyers in Portugal are getting far more bang for their buck, according to new research from Property Market-Index. The sun-soaked nation offers the best deal for those looking for a four-bedroom home compared to elsewhere in Europe and many popular destinations around the world. And with the cost of living considerably lower in […]
Foreign Buyers and a Tourism Boom Are Fueling Japan’s Luxury Real Estate Market
For those seeking second homes in the countryside, Japan offers a range of attractive options with a bonus of strong value compared to other Asian markets, as well as an array of climates, landscapes, world-class culture, food, and history. As of Oct. 25, 1 yen was worth US$0.0067, reaching only a high of US$0.10 in […]
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 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 […]
US Housing Market Predictions 2023: Will Home Prices Drop in 2023: What Do Market Trends Predict?
Here’s when home prices can drop. While this may appear to be oversimplified, it is how markets work. Prices drop when demand is met. There is now an excessive demand for houses in several property markets, and there simply aren’t enough homes to sell to prospective purchasers. Home construction has increased in recent years, although […]