Where Rich Americans Have Their Eye on Real Estate
April 10, 2014
Home values internationally climbed 8.4 percent last year, marking the highest annual gain since 1995, according to the Knight Frank Global House Price Index.
With more high-net-worth individuals in the United States viewing foreign property as wise investments, Alexa Luxe Living determined the 20 hottest real estate destinations across the globe. The top destinations are:
The penthouse in the Tour Odéon Monaco — the most expensive tower in the world — could be priced at more than $350 million.
Villas in the Viceroy are priced as high as $6.5 million.
Estate homes in Jumby Bay range from $7 million to $30 million.
Undeveloped ranches in Patagonia start at $1 million.
A penthouse in Meier on Rothschild sells for $51.5 million.
Farms and lodges sell for $130 to $2,500 per acre.
Units in One Hyde Park go for $10 million to $33 million.
Other luxury international locales on the list include San Miguel, Tuscany, Paris, St. Barts, the Bahamas, Dubai, Singapore, and Panama. Several U.S. markets also made the list:
Where prices exceed $10 million
Where units in the Ritz-Carlton Residences go for $2.3 million to $9.5 million
Where units in the Kukui’ula development range from $2.5 million to $8 million
Where units in the Ritz-Carlton Residences can be had for up to $4 million
Jackson Hole, Wyo.
Where homes in the Snake River Sporting Club sell for as much as $6.5 million
Source: "The 20 Hottest Real Estate Spots in the World," New York Post (April 8, 2014)
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Updated: June 18, 2018