Market Updates
By James V. Andrews, MAI, CRE, FRICS, ASA/BV for IRR Viewpoint Overview While hotel performance appears to be rebounding slightly this year following a modest decline in 2016, growth in arrivals to the region appear to be growing at a slower rate than previously. Fears regarding the Zika virus are finally subsiding since there have…
Medical Tourism Association (MTA), and the Dominican Health Tourism Association (ADTS), launched the second edition of the “Dominican Republic Health and Wellness Tourism Guide” with the objective of providing information of the main players in the value chain of medical tourism and certify the country as a health destination. Alejandro Cambiaso, president of the ADTS,…
An analysis of the world’s top markets for luxury property prices as ranked by prices per square foot not surprisingly reveals a remarkable price variation worldwide. When evaluating this metric in the world’s top ranking global economic hubs, the average price per square foot for luxury sales at the end of 2016 ranged from $685 in…
While they may not be among the most “luxurious” or the “hottest” prime property markets in the world quite yet, these diverse yet similarly active luxury housing markets are on the upswing. Here are our top five picks of luxury property markets on the rise: Washington, D.C., Metro Moving the Needle: Millennials and Boomers Historically,…
Explore Online the Magazine by clicking the page/image below or click HERE ! It’s fitting that, in our issue dedicated to architecture, we introduce you to the very people who can help you fulfill your architectural aspirations. Who hasn’t dreamed of building their own home, and seeing it realized by experts in the field? Our feature on…
Ten Ways to Tell If Your Home is Overpriced By Maximum Real Estate Exposure If you’re selling your home, you need to understand that pricing your home correctly from the beginning is absolutely critical. The most common reason a home doesn’t sell is because it is overpriced. Overpricing a home can create damaging effects, period. The…
El pasado martes 4 de abril, el Lic. Enrique De Marchena Kaluche, socio gerente de la firma DMK Abogados | Central Law y colaborador en varios cierres de Provaltur International, participó como orador en webinar coordinado por el Departamento de Comercio de los Estados Unidos con sede en la Embajada de los Estados Unidos en…
Source MP Group International Australia, 1 March 2017 – Knight Frank, the independent global property consultancy, today launches the 11th edition of The Wealth Report. The report tracks the growing super-rich population in 125 cities across 89 countries. The number of Ultra-High-Net-Worth Individuals (UHNWIs) – those with USD30m or more in net assets – rose…
Companies are buying large estates with ample acreage and converting them into corporate retreats for networking, brainstorming—and a little quail hunting. Executives are looking for retreats that are real investments, which has fueled sales of luxury homes with ample acreage. Corporate retreats help to solidify a management team or board of directors and enhance its…
To Family, Friends, Colleagues and Luxury Agents and Brokers, Well, it’s that time of the year to share with you our family Christmas letter. Your support over this 2016 year is not something I take for granted. The least I can do is treat you as a friend and bring you into our Provaltur/Christies family,…
Owning a home is a keystone of wealth… both financial affluence and emotional security.