French President Francois Hollande’s increase in taxes for the rich is having an effect on luxury house prices in Paris, according to real estate consultants.
Read full article: [Paris sees shock fall of 3.4% in luxury property prices; tax policies blamed]Sales and prices of luxury property in Auckland increased in July with a lack of supply making buyers more decisive, according to agents.
Read full article: [Figures show luxury property in Auckland is selling well]London's prime residential home values rose by an average of 0.9% in the second quarter of 2012, and annual price growth slowed to 6%, as some of the heat has started to come out of the market in the early summer, the latest data from Savills suggests.
The UK's second biggest listed developer, British Land, has confirmed its entry into the luxury apartment market in London.
Read full article: [British Land confirms its entry into the luxury apartment property market]The most expensive residential locations in Germany have risen significantly in value once again between 2010 and 2011, according to the latest survey of he country’s luxury property market from Engel & Völkers.
Read full article: [Exceptional luxury property in Germany sees significant price growth]Prime central London residential house prices will grow by 6% this year in stark contrast to the rest of the UK, new research from property consultants CBRE has revealed.
Read full article: [Prime property prices in central London set to grow 6% this year says CBRE]A restoration of an historic 15th century palazzo in the heart of Venice has created a collection of exquisite apartments behind its listed facade with interiors by Milan’s most fashionable design house.
Read full article: [Historic restored 15th century Venetian palazzo for sale as 18 apartments]The super rich investors credited with pushing up prices in London are now looking to California as the US real estate market starts to turn around, it is claimed.
Read full article: [World’s super rich now view California as a property safe haven]An increasing amount of sales stock is coming on to the central prime London property market and there is a noticeable increase in families wanting to secure rental properties prior to the Olympics, according to the latest report from agents W A Ellis.
Read full article: [Prime central London property market sees increase in stock and hesitant buyers]The average house price in central London now stands at £820,200 following a 2.3% increase in the first quarter of 2012 as foreign buyers push up demand, according to the latest research from CBRE.
Read full article: [London house prices boosted by increased demand from Middle East buyers]A new property consultancy has launched to cater for people buying and selling luxury property in southern Spain.
Read full article: [New property consultancy for luxury Southern Spain market]Wealthy people are shunning emerging property markets as they value security, good education for their children over volatility, political insecurity and risk, new research shows.
Read full article: [World's wealthy create safe haven property markets most notably in London and Miami]Wealthy people are shunning emerging property markets as they value security, good education for their children over volatility, political insecurity and risk, new research shows.
Read full article: [World's wealthy create safe haven property markets most notably in London and Miami]The gap in annual price growth between the best and worst performing luxury residential markets was 45% in 2011, according to the results of the Knight Frank Prime International Residential Index (PIRI).
Read full article: [Miami, London and Vancouver in demand from wealthy property buyers]British, Italian and German buyers were the most active in the luxury Paris property market in 2011, according to research from Knight Frank, but interest increased from buyers in Russian, the Middle East and Asia.
Read full article: [Foreign buyers see Paris as a safe property haven]A loophole which allows wealthy people to buy a property in the UK through a foreign company and thus avoid paying stamp duty has been effectively closed today (Wednesday March 21) by the government.
Read full article: [New 15% stamp duty on UK property over £2 million bought through a company]Stamp duty on properties in the UK will increase to 7% for properties worth over £2 million, the Chancellor of the Exchequer George Osborne confirmed today (Wednesday 21 March).
Read full article: [New 7% stamp duty for properties over £2 million in UK]Luxury house prices on the British Virgin Islands have remained largely static in recent years despite the global economic downturn and are expected to hold firm, according to an analysis from Knight Frank.
Read full article: [Property prices holding up in British Virgin Islands, according to analysts]The residential market property market in Hong Kong saw a notable rebound in sales volume with prices stabilising last month, according to the March 2012 market review from Knight Frank.
Read full article: [Rebound in HK property sales but uncertainty remains]Global billionaires have weathered the latest economic uncertainty better than many with ultra high net worth individuals increasingly storing their wealth in bricks and mortar.
Read full article: [Luxury city property prices booming as the wealthy put their money into real estate]There has been a marginal reduction in rents in prime central London since they peaked in September 2011, according to the latest research from sales and lettings agents W A Ellis.
Read full article: [Cost cutting affecting rental prices in prime central London]Sustained domestic and overseas demand for prime property in central London has caused a further 25% drop in stock levels at the start of this year, reports property consultants Cluttons.
The average price for a luxury home on the sought after French Riviera has fallen under €2 million for the first time, according to the latest EstateNetFrance index.
Leading rural advisors Saffery Champness, chartered accountants, and Smiths Gore, land agents and chartered surveyors, have said that the proposal for a Mansion Tax in the UK is fraught with anomalies.
Read full article: [Property professionals hit out at UK proposed mansion tax]