Latest news from Sothebys and Barnes confirm that the experience of Covid has impacted how the wealthy are shifting a greater proportion of their assets from companies and shares towards property, and in particular luxury property they can occupy and make the most of, and in sunny climates. Depending on the areas in France, luxury property sales have doubled and sometimes trebled over the last 2 years.
In the Barnes city index the winners are in the US Miami and Austin-Texas and in Europe Madrid and Monaco, the losers in Europe being Zurich, Stockholm and Copenhagen.
On the French Riviera this traditional bastide in Saint-Tropez was sold by Sotheby’s for more than 10 million euros. Its 290m² and its 6 bedrooms are not its only assets since the property has a garden of over 3000m² and is located on a secured domain.
In the Barnes city index the winners are in the US Miami and Austin-Texas and in Europe Madrid and Monaco, the losers in Europe being Zurich, Stockholm and Copenhagen.
On the French Riviera this traditional bastide in Saint-Tropez was sold by Sotheby’s for more than 10 million euros. Its 290m² and its 6 bedrooms are not its only assets since the property has a garden of over 3000m² and is located on a secured domain.
The way these properties are being used are now more as semi-main homes rather than second homes, thanks to home working.
The most sought-after luxury properties are those that have been renovated to high standards, followed by those in excellent locations and that have potential.
You can find superb properties at more reasonable prices at very short distances from the best known and sometimes over hyped locations. Smartfinder Home guides you on the best areas to invest in for high end properties !
The most sought-after luxury properties are those that have been renovated to high standards, followed by those in excellent locations and that have potential.
You can find superb properties at more reasonable prices at very short distances from the best known and sometimes over hyped locations. Smartfinder Home guides you on the best areas to invest in for high end properties !
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