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The Art of Pricing at the Highest Levels

In last year’s edition of Luxury Defined, the $100 million price point was identified as a new benchmark for the world’s most unique and luxurious properties. Contrary to media reports questioning the staying power of such a price point, the proliferation of real estate sales at and above this benchmark, and similarly realized prices for artworks in 2015, confirm that there is a narrow but strong…

Architects Gems, love creations, man made paradise !

This is what’s called man made paradise., Grounded in landscape is the architectural delight. Concurring to make bridges and flyovers, Connecting each destination like the fast and the furious.   You can simply tell when something is so well done that the satisfaction is arousing in the surroundings. We will delight you with some works…

New Affluent Buyers! Who are they?

The Rise of the Millenipreneur The health and pricing of luxury real estate markets are not always internationally fueled; the spending habits of local entrepreneurs also have an influence. Increasingly, where affluent millennial prime property buyers are to be found, so too are what Scorpio Partnership recently dubbed “millennipreneurs” —those of the millennial generation (born between 1980 and 1995) and active in entrepreneurship. Many of the…

How long does it take to sell a luxury home in the world’s top cities?

Luxury homes on average took 195 days to sell in 2015 across our surveyed prime property markets, an overall 23% decrease from the year prior In the majority of our surveyed markets, days on the market for luxury properties fell or remained constant in 2015 as compared to 2014. The average days on market for prime property worldwide was 195, a 23 percent drop from…

What price constitutes “luxury” around the world?

>> Download the full report. << A survey of real estate specialists in more than 100 property markets across the globe reveals an enormous difference in where the starting price for a “luxury” home begins. Brokers reported luxury prices ranging from under $1 million in Palm Springs to $10 million in Monaco. The starting benchmark for a luxury home around the world varies considerably, and…

CITY LIFE

We present you the lands and properties located in the heart of Santo Domingo city… Solar Luna We present fully demarcated and their taxes paid, the SOLARLUNA of 3,320 m2 on the heart of Santo Commercial Sunday next to Ikea and Hyundai also across from Nissan and the new and high end mall Venezuelan investment…

The Price of Luxury, From the Luxury Define White Paper 2016

The Price of Luxury Looking ahead to the remainder of 2016 and beyond, the global prime property market appears set to continue on a slow but steady growth cycle, with prices and sales volumes on an upward trend in some markets. Many premier global centers—as well as prized second-home resort destinations continue to command exceptional prices for prime property. A…