A luxury home is defined as a property priced at five million dollars and above in the most expensive housing markets in the country. The size of a luxury home varies from the trendy 750 square foot mansion to the traditional 5,000 to 7,000 square foot luxury mansion. High-net-worth-individuals, are expanding the borders of traditional luxury homes and will pay a premium in growing areas if the amenities and lifestyle fit what they are used to. Many buyers want a turnkey ready home, with a contemporary and uncluttered ambiance.
Choosing the best place to buy a luxury home can be a complicated experience, especially when you have a whole world to select from. Deciding on the perfect destination for a luxury home depends on what lifestyle and location you want to settle in.
Here you will find five places around the world with a selection of breathtaking luxury homes and neighborhoods:
Australia is famous for its beaches, natural wonders and wide-open spaces, deserts, and the outback. You’ll also find some of the most expensive suburbs in the world. Sydney is home to some of the greatest properties in the world. Buyers can choose from communities based on if they want to own an apartment or a house. Another city with luxury homes is Queensland, a famous Sunshine Coast that draws beachgoers from other continents. The tropical climate zones mean year-round sun and the perfect weather for surfing and swimming.
2. United Kingdom
The United Kingdom includes three countries: England, Scotland, and Wales. London, England is a chosen destination for luxury homebuyers. The central area of the city has some of the most expensive homes in the world. One of the most prominent areas in London is South Kensington, the classic white terrace houses are worth millions are some of the most highly looked-for homes in the world. South Kensington is in the center of London, and close to the top restaurants, and shops.
Mexico is branded by a distinctive mix of cultural heritage and traditions. It is one of the largest countries in the world, and the third most populated in the Americas. Mexico has a growing luxury real estate market. It’s a desirable country to live in with its magnificent beaches, and sunny, warm climate. There are many cities that offer high –class neighborhoods. The best in luxury home buying in Mexico tends to be the most popular tourist destinations. Tulum luxury villas can help with searching for your next real estate find in Cancun, Playa del Carmen, Acapulco, and Puerto Vallarta. It’s impossible to resist the turquoise beaches of the Riviera Maya.
4. United States
You will find lots of cities in the United States with luxury real estate. Some of the most popular locations are the spectacular high rises in New York City. Popular locations in New York for luxury homes are Manhattan, Brooklyn, and Queens. Manhattan is regarded as a leader in luxury real estate in the United States. Another city with a reputation for luxury in Miami in Florida. In Miami, you can experience the combination of it hat are known for their privacy and being close to all amenities are Coconut Grove, La Gorce, and Miami Beach. In California, there are numerous locations to view for luxury homes. These include Beverly Hills, Bel Air, San Francisco, island life and a sophisticated city. Luxury neighborhoods in Miami, and Malibu. The most striking properties in the United States are often grouped together in unusually beautiful areas throughout the country.
Forbes has reported Singapore as the fastest growing luxury home market in the world. In Singapore, you’ll find exclusive neighborhoods that appeal to those in the market for lavish real estate. Singapore is an island city off southern Malaysia, with impressive century-old architecture and modern high-rises, and an attractive high – tech business center. In Singapore you can enjoy tropical weather and multicultural residents. Two sought after locations in Singapore for luxury homes is Orchard Road and Marina Bay. These two locations are near the prime shopping area, which surrounds the business district. For buyers looking for a vacation atmosphere, Sentosa Island, a resort off Singapore’s southern coast is home to admired beaches and Universal Studios theme park.
Luxury can have a different definition for different people, but if money is no object for you, these are just five of the most breathtaking places in the world to own a home. If you can afford a luxury home, there are many great spots worldwide that are top lavish destinations to live in. If you are in the market for a luxury home, it is important to do your research on the countries real estate laws and regulations of where you want to live.