Conversion of legendary Cote d’Azur beach club seeks €10.5m
Luxury beach house in Cap d’Antibes was once an iconic Riviera hangout, hosting the likes of Churchill, Picasso, Connery, Truman and Hemingway.
Nikki Beach dives into the branded residences market
Global luxury lifestyle & hospitality brand responds to a ‘shift in consumer behaviour’, planning a set of private resi units next to its forthcoming hotel project in Montenegro.
Global property markets ‘are flashing the kind of bubble warnings’ not seen since 2008, warns Bloomberg
New Zealand, Canada, Sweden, the UK and US are amongst the world’s “frothiest” housing markets, according to new analysis, with high price-to-rent and price-to-income ratios.
Finlay Brewer International moves into Spain
‘Strategic partnership’ with longstanding firm Crystal Shore will open up the Costa del Sol market to its clientele.
Dubai’s Luxhabitat Sotheby’s reports ‘record-breaking streak’
Luxury brokerage put though sales worth more than 250 million AED in the first six months of 2021, including one of the most lavish mansions in Emirates Hills.
Ranked: Average estate agency fees around the world
Estate agents in the UK are amongst the world’s lowest-charging property brokers, according to some new research. Australia is the most expensive place to sell a home.
Miami penthouse sold in USA’s biggest real estate cryptocurrency deal
A buyer has reportedly paid for a 5,000 square foot penthouse at the Arte Surfside scheme in cryptocurrency, in a deal that took under ten days from start to finish.
Global house prices rise at their fastest rate since 2006
Knight Frank’s Global House Price Index tells of a 7.3% average increase across 56 tracked countries in the year to Q1 2021.
Middle Eastern buyers returning to UK market
Buyers from the region accounted for 16% of all UK sales to overseas purchasers in the first three months of the year, compared to less than 10% in the previous two quarters.
Prime property stock shortage looms across Europe
“The strong sales rates we’ve seen in the last 12 months have been driven almost entirely by domestic buyers,” says Knight Frank; “once borders reopen and cross border transactions normalise, we expect stock levels to reduce further.”
Monaco new-builds ‘could cost €100k per square metre’
The 125 homes emerging from the sea as part of the €2bn Mareterra development could smash a few records when finally released.
Hawaii named top destination for world’s luxury homebuyers
Survey of elite buyers by Leading RE’s luxury division found one in five were interested in buying in the tropical Aloha State, where inventory has now dropped to ‘record lows’