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Educational

The “Super Talls” and the Impact of New-build Inventory on Prime Markets

September 9, 2016 in Christies, Educational

Years of record-breaking price increases, bidding wars due to limited luxury inventory, and strong international buyer interest resulted in a flurry of new ultra-luxurious buildings from developers eager to capitalize on ever-growing demand. 2015 was the apex of the new development blitz globally. The world’s 100th “super tall” skyscraper opened in New York this January, following the development of more than 50 skyscrapers between 2010-2015, many outfitted with ultra-luxury…

Oh! that view Part 2

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September 7, 2016 in Christies, Educational, Lifestyles

Soft comes the hush of eventide And songbirds hide In limbs of budded trees To bid farewell to setting sun With lullabies they’ve sung Each night for centuries.   Not only we have the best luxury properties available in the Dominican market, but we can also show off the best views! YES! Imagine yourself in…

DR offers special incentives to foreign retirees and passive investors of non-dominican source.

August 1, 2016 in Educational, Lifestyles, Luxury Real Estate in the Dominican Republic, Market Updates

If you are considering buying a property in the Dominican Republic, I am sure that you will appreciate this information about the Law 171-07 regarding special incentives to foreign retirees and passive investors of non-dominican source. I. PURPOSE OF LAW 171-07 As stated in the preamble of Law 171-07, “the Dominican State recognizes that the…

Overseas Investment Influences

July 11, 2016 in Educational, Luxury Real Estate in the Dominican Republic, Magazine

Alignment with the U.S. Economy Boosts Mexico’s Prime Real Estate Mexico’s third-largest city, Monterrey, has experienced strong recent economic growth, spurred in part by an influx of new automotive plants from overseas companies in 2014-2015. The city is leveraging its traditional industrial base, highly skilled labor force, and its strategic location 80 minutes from Houston by plane, to position itself at the center of Mexico’s economic transformation. The…

The Art of Pricing at the Highest Levels

July 1, 2016 in Educational, In the Press, Luxury Real Estate in the Dominican Republic, Market Updates

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…

New Affluent Buyers! Who are they?

June 22, 2016 in Educational, Luxury, Luxury Real Estate in the Dominican Republic, Magazine, Market Updates

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…

International Partners