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News related to luxury property

Wealthy Chinese and Russian buyers return to top end London homes market
2014-11-26 07:19:44 [Europe]
A lowering of asking prices at the top end of the London property market seems to have led to an increase in sales of home in the £10 million plus range.Read full article: [Wealthy Chinese and Russian buyers return to top end London homes market]
 
Prices dip in prime outer London as election cools demand
2014-11-10 14:24:59 [Europe]
Prices in prime outer London fell in October, ending a period of 40 consecutive months of growth, according to the latest report from Knight Frank.Read full article: [Prices dip in prime outer London as election cools demand]
 
African lion starting to roar louder than the Russian bear in prime London market
2014-10-27 09:02:33 [Europe]
The Russian bear is roaring less now in the prime London property market as the African lion takes over with rich Africans spending over £600 million on real estate over the last three years.Read full article: [African lion starting to roar louder than the Russian bear in prime London market]
 
Bermuda named as the ultimate island location to buy a trophy property
2014-10-24 06:57:55 [Global News]
Bermuda has been named as the top island in the world for wealthy people buying real estate who are seeking the ultimate luxurious and private space.Read full article: [Bermuda named as the ultimate island location to buy a trophy property]
 
Prices of most expensive properties in London plummeting, new data suggests
2014-10-02 11:03:09 [Europe]
House prices in London's most expensive areas are plummeting, sparking fears of a domino effect of house price falls across the UK, it is claimed.Read full article: [Prices of most expensive properties in London plummeting, new data suggests]
 
Prime house price growth in London slows as buyers lack urgency
2014-09-30 13:05:58 [Europe]
Price growth in London’s prime residential markets has continued to slow over the past three months as buyers are in less of a rush, new research suggests.Read full article: [Prime house price growth in London slows as buyers lack urgency]
 
Analysis reveals similarities between prime markets in Central London and Monaco
2014-09-29 13:21:51 [Europe]
The prime residential property markets in central London and Monaco are like twins with both representing Europe’s leading locations for luxury property, and having very similar features, trends and buyer profiles.Read full article: [Analysis reveals similarities between prime markets in Central London and Monaco]
 
Activity in prime central London property market stable, says latest monthly report
2014-09-11 15:36:07 [Europe]
Activity across all prime price ranges in central London are stable although sales at the top end of the market are down, according to the latest estate agent research.Read full article: [Activity in prime central London property market stable, says latest monthly report]
 
City of London becoming a hub for luxury new homes, research suggests
2014-09-02 11:38:05 [Europe]
High end residential development and values in the City of London are booming and catching up with the West End but Docklands is lagging behind, according to a new analysis.Read full article: [City of London becoming a hub for luxury new homes, research suggests]
 
Property prices in luxury markets in Spain holding steady, according to new analysis
2014-08-28 09:48:50 [Europe]
Property prices in Spain's luxury real estate markets have continued to remain steady over the past six months, according to the latest half yearly analysis.Read full article: [Property prices in luxury markets in Spain holding steady, according to new analysis]
 
Monaco gets it first skyscraper since the 1980s as demand soars for luxury homes
2014-08-19 16:38:49 [Europe]
The world’s wealthiest people are looking to Monaco, the tax haven on the French Riviera, to buy property due to its low tax and banking services, but there is a lack of space.Read full article: [Monaco gets it first skyscraper since the 1980s as demand soars for luxury homes]
 
Higher fees and mortgage cap hitting prime property price growth in Dubai
2014-08-18 12:11:02 [Europe]
Higher fees and the recently introduced mortgage cap are having an effect on the prime property market in Dubai with price growth weakening.Read full article: [Higher fees and mortgage cap hitting prime property price growth in Dubai]
 
Luxury property prices rising in key global cities led by Jakarta and Dublin
2014-08-06 08:48:11 [Global News]
Luxury property prices in key cities around the world have increased by 6.2% year on year led by Jakarta and Dublin.Read full article: [Luxury property prices rising in key global cities led by Jakarta and Dublin]
 
Luxury property market in Barbados picking up
2014-07-28 15:55:50 [North America]
After six years of sluggish activity, the Barbados luxury homes market is picking up according to the latest report from Knight Frank.Read full article: [Luxury property market in Barbados picking up]
 
Balearic Islands see encouraging start to year for luxury property sales
2014-07-14 10:38:26 [Europe]
The luxury property market in Spain’s Balearic Islands has seen an encouraging start to the year with demand from wealthy buyers reported as being well up on 2013.Read full article: [Balearic Islands see encouraging start to year for luxury property sales]
 
Madrid and Dublin leading recovery of luxury property market in European cities
2014-06-24 12:48:59 [Europe]
Real estate markets in Ireland and Spain both suffered considerably during the euro crisis but now their capital cities have been described as experiencing the stand out luxury property market recoveries last year.Read full article: [Madrid and Dublin leading recovery of luxury property market in European cities]
 
London tops the ranking for global luxury property, new report finds
2014-05-23 12:28:08 [Global News]
London has topped the rankings of luxury property markets in the world for the second year in a row according to a new report from Christie’s International Real Estate.Read full article: [London tops the ranking for global luxury property, new report finds]
 
Popularity of new build apartments making London prime houses better value
2014-05-19 10:48:07 [Europe]
There is a growing disparity between the price per square foot value of houses and new build apartments in central London, buying agents have found.Read full article: [Popularity of new build apartments making London prime houses better value]
 
Wealthy property investors set to target less obvious city locations, report suggests
2014-05-12 14:45:10 [Global News]
Melbourne, Tel Aviv and Chicago could outperform other prime property markets in top world cities in the next few years as global investors seek alternative locations, it is claimed.Read full article: [Wealthy property investors set to target less obvious city locations, report suggests]
 
UK’s most prestigious racing estate for sale
2014-05-05 17:28:26 [Europe]
The UK racing world’s most prestigious racing property, the Manton Estate in Wiltshire has been put on the market for £26 million.Read full article: [UK’s most prestigious racing estate for sale]
 
Global luxury property growth slowing, latest prime index shows
2014-05-05 09:55:38 [Global News]
Prime residential prices in key cities worldwide are still rising but with growth of just 0.8% in the first quarter of 2014, the weakest quarterly growth for two years.Read full article: [Global luxury property growth slowing, latest prime index shows]
 
Middle East buyers increasingly keen on luxury property in Istanbul, it is claimed
2014-04-29 11:15:25 [Europe]
Demand for luxury residences in upmarket districts of Istanbul continues to rise, fuelled by buyers from the Middle East who are also attracted by investment opportunities, it is claimed.Read full article: [Middle East buyers increasingly keen on luxury property in Istanbul, it is claimed]
 
Global prime residential recovery moving out of cities to popular holiday destinations
2014-04-09 11:46:55 [Global News]
While cities may have been the growth story for prime residential property in the last five years, it is likely to be the city getaway locations that show the best growth in the next five.Read full article: [Global prime residential recovery moving out of cities to popular holiday destinations]
 
Average billionaire now owns four properties worldwide, survey finds
2014-04-02 08:26:51 [Global News]
The average billionaire owns four homes, with each one worth £12.5 million, with most having one in a leading city and also a dream weekend of holiday home, new research shows.Read full article: [Average billionaire now owns four properties worldwide, survey finds]
 
Sub orbital space travel set to change global property markets, it is claimed
2014-03-11 11:20:10 [Global News]
Space, the final frontier as it is known, could soon be playing a part in the property market with a new report suggesting that the launch of sub orbital travel presents the opportunity to radically shift global property markets.
Read full article: [Sub orbital space travel set to change global property markets, it is claimed]
 
Prime property in London expected to outperform gold and stocks and shares
2014-02-17 16:05:06 [Europe]
Prime residential property in London will outperform other major asset types in terms of growth this year, according to the latest index from agents Chesterton Humberts.Read full article: [Prime property in London expected to outperform gold and stocks and shares]
 
Sales of luxury homes in key international property hotspots soar
2014-02-05 10:59:44 [Global News]
Luxury homes sales volumes in key international property hotspots surged in 2013, while median sales prices remained relatively constant, according to a new report by Christie’s International Real Estate and Strutt & Parker.Read full article: [Sales of luxury homes in key international property hotspots soar]
 
Mayfair set to become the most luxurious property area in London
2014-02-03 16:39:51 [Europe]
Mayfair is set to become even more popular with luxury home buyers and property investors in London with new research showing that there is over £5 billion pounds worth of new residential apartments and houses in the development pipeline.Read full article: [Mayfair set to become the most luxurious property area in London]
 
Sales volumes up in the Caribbean as wealthy buyers return
2014-01-24 12:06:59 [North America]
Last year was a watershed for several property markets in the Caribbean with prime real estate Barbados and the British Virgin Islands in particular seeing sales volumes increase, according to the latest analysis from Knight Frank.Read full article: [Sales volumes up in the Caribbean as wealthy buyers return]
 
The world’s wealthiest investors set to put even more into global real estate
2014-01-21 13:19:59 [Global News]
Private wealth is increasingly shaping the world’s real estate markets and the use of private equity in major property deals worth at least US$10 million has nearly trebled since 2009, a new report shows.
Read full article: [The world’s wealthiest investors set to put even more into global real estate]
 
Most expensive streets in England and Wales revealed
2013-12-30 16:27:01 [Europe]

The most expensive residential streets in England and Wales remain in the Royal Borough of Kensington and Chelsea, according to latest research from Lloyds Bank.

Read full article: [Most expensive streets in England and Wales revealed]
 
Draw of London’s prime property market could lessen in 2014, it is suggested
2013-12-03 13:23:23 [Europe]
The pull of property in central London for wealthy international buyers seeking a secure haven in which to invest their money could lessen in 2014, it is claimed.
Read full article: [Draw of London’s prime property market could lessen in 2014, it is suggested]
 
Vienna increasingly popular among wealthy second home buyers
2013-12-03 12:46:53 [Europe]
Vienna is rising up the preferred list of second home locations for buyers looking to combine culture with privacy and security, according to a new report.Read full article: [Vienna increasingly popular among wealthy second home buyers]
 
Prime residential pipeline in London set to see sales of over £50 billion in next decade
2013-11-26 14:10:29 [Europe]
London’s prime residential pipeline has doubled since 2011 and over 20,000 units could be delivered over the next 10 years with a combined sales value of over £50 billion, according to a new report.Read full article: [Prime residential pipeline in London set to see sales of over £50 billion in next decade]
 
Shanghai property prices set to keep rising, latest analysis suggests
2013-11-25 09:56:58 [Asia]
Luxury properties in sought after areas of Shanghai remain in demand despite the introduction of new taxes and other cooling measures, the latest report on the Chinese city’s residential market shows.
Read full article: [Shanghai property prices set to keep rising, latest analysis suggests]
 
Luxury property price growth slowing, apart from in China, latest quarterly data shows
2013-11-21 09:06:22 [Global News]
Prices of luxury property in cities across the world slowed in the third quarter of 2013, with growth of just 1.2% compared with 6.6% year on year growth.
Read full article: [Luxury property price growth slowing, apart from in China, latest quarterly data shows]
 
Luxury beachfront resort with yacht access launched on Barbados
2013-11-20 16:09:05 [North America]
 A new residential real estate resort described as the only luxury beachfront community in Barbados with current access to a yacht berth has been launched on the market.Read full article: [Luxury beachfront resort with yacht access launched on Barbados]
 
Limassol Marina development makes history and puts Cyprus on the yachting map
2013-10-24 14:51:50 [Europe]
The first of a series of luxury villas has been completed at the €350 million Limassol Marina project on Cyprus where property investment is picking up again after the Mediterranean island’s recent economic problems.Read full article: [Limassol Marina development makes history and puts Cyprus on the yachting map]
 
Cote d’Azure named as top place for the world’s wealthiest leisure home buyers
2013-10-10 12:05:48 [Global News]
The Côte d’Azur in the south of France has claimed the number one spot in a new list of the world’s most successful luxury residential property locations where wealthy buyers want to buy a place to spend their leisure time.Read full article: [Cote d’Azure named as top place for the world’s wealthiest leisure home buyers]
 
Balearic high end property prices on par with those in London
2013-10-10 09:09:39 [Europe]
London is known for its high property prices with wealthy international buyers pushing up values but now figures suggest that parts of Spain that are popular with rich overseas buyers are matching the UK’s capital city.
Read full article: [Balearic high end property prices on par with those in London]
 
UK’s most expensive residential property demolition project unveiled
2013-10-02 14:37:27 [Europe]
Mews houses are popular in London and known for their traditional architecture but now one is to be knocked down and rebuilt in what is being described as the UK’s most expensive demolition project.Read full article: [UK’s most expensive residential property demolition project unveiled]
 
Desires of rich property owners in the United States revealed in survey
2013-09-18 10:24:03 [North America]
Luxury home owners and buyers in the United States place a high value on real estate and the wealthy want to own multiple properties, according to a new survey.Read full article: [Desires of rich property owners in the United States revealed in survey]
 
Prime property prices in central London up 116% in last eight years
2013-09-11 10:27:04 [Europe]
Prime central London house prices have more than doubled in the past eight years, up by 116 and outpacing the Retail Price Index by 86%, new research shows.
Read full article: [Prime property prices in central London up 116% in last eight years]
 
UK mansion tax could be more widespread than supporters claim, analysis suggests
2013-09-04 13:00:10 [Europe]
If a mansion tax were to be introduced in the UK it would be levied overwhelmingly on London and the South East of England, with 86.4% of all £2 million plus properties located in those two regions, new research suggests.Read full article: [UK mansion tax could be more widespread than supporters claim, analysis suggests]
 
Prime locations in London see prices rise, as do wannabe prime areas
2013-08-19 16:52:49 [Europe]
Traditional prime property areas in London such as Kensington, Notting Hill and Holland Park have seen prices and transactions rising steadily over the last 12 months.Read full article: [Prime locations in London see prices rise, as do wannabe prime areas]
 
French style apartment put on the market in London for £6.5 million
2013-07-19 06:45:51 [Europe]
A London apartment renovated to look like the grand royal houses of pre-revolutionary France has gone on sale in London for £6.5 million.Read full article: [French style apartment put on the market in London for £6.5 million]
 
UK buyers top purchasers of London’s super prime homes
2013-07-04 13:48:38 [Europe]
Although a lot has been written about the number of wealthy overseas buyers in the London prime market, new research shows that UK national are actually the top buyers of property prices £10 million and over.Read full article: [UK buyers top purchasers of London’s super prime homes]
 
Kensington Palace Gardens named as the UK's most expensive street
2013-06-28 10:10:18 [Europe]
Britain now has 8,230 streets with average property values of over £1 million and Kensington Palace Gardens in London is the most expensive place to live.Read full article: [Kensington Palace Gardens named as the UK's most expensive street]
 
Chinese firm to build Europe’s tallest residential tower in London
2013-06-20 11:49:11 [Europe]
A Chinese development company is to build Europe’s tallest residential building alongside the River Thames in the heart of London, it has been confirmed.Read full article: [Chinese firm to build Europe’s tallest residential tower in London]
 
Wealthy real estate investors attracted to luxury property in Morocco
2013-06-19 15:17:44 [Africa]
The second home industry in Morocco is expanding and attracting domestic buyers as well as wealthy property investors from around the globe, according to a new report.Read full article: [Wealthy real estate investors attracted to luxury property in Morocco]
 



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