Main image: Saranda port. "Albania is a nation quietly emerging as a hotspot for luxury travel and second-home purchases," says Christie's International Real Estate
Global luxury real estate ‘finds its footing’ midway through 2024
After surveying its network of luxury property brokerages, Christie's International Real Estate has identified three big trends that are shaping global markets.
What to read next
Who run the world? Global luxury property market ‘is undergoing a significant transformation’ as demographics shift
More than half the world's luxury homeowners under 35 are women, according to a new survey.
By PrimeResi
Berlin, Toronto & Paris have the world’s most ‘climate resilient’ city real estate markets, says Savills
'Investors may increasingly seek more resilient and green real estate in climate stable cities,' says Savills, 'but at the moment they will be competing over relatively few buildings that meet all those…
By PrimeResi
Comparing the cost of ‘living well’: Swiss bank heralds ‘Roaring 2020s’ for global super-rich as luxury price inflation eases
The high life is now more expensive in Europe than in most Asian wealth hubs, according to research by Julius Baer, which flags a "new lifestyle boom" for the world's wealthiest people.
By PrimeResi
Companies in this article
Christie's International Real EstateMost read
High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
‘The product has to work harder than ever’: Dean Main on developing, managing & future-proofing super-prime homes
The Rhodium and Henigman boss gives PrimeResi the inside track on how top-end demand is shifting in London - and reveals what separates the very best schemes from the rest.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
By PrimeResi
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Luxury PCL developer expands into the prime country market
Mayfair-based REDD says growing demand from UHNW clients is driving its move beyond central London.
Influential economists urge incoming PM to scrap stamp duty & council tax for 1% property value tax
UCL report backed by heavyweight thinkers proposes annual levy on property values as part of sweeping tax overhaul.
By PrimeResi
Global super-prime market rebounds, with London back in the mix
Knight Frank tracked 636 US$10mn-plus resi deals worth US$11.4bn in Q1, with London climbing to fourth globally by deal volume as Dubai, Hong Kong and New York led the strongest quarter in a year.
LATEST ARTICLES
In Pictures: 500 industry pros attend inaugural ‘Summer Social’ at the Hurlingham Club
Social Circuit: UK Sotheby's, Enness Global and Lumley brought together professionals from the luxury property, finance and wider private client worlds for an afternoon of networking and entertainment.
Agency completes brace of super-prime Hampstead deals as domestic demand holds firm
Knight Frank says buyers are still prepared to 'leapfrog the market' when best-in-class options come up.
Prime London’s £100k lettings club keeps growing
Almost one in eight lets so far this year have been above the Renters' Rights Act threshold.
Lord Snowdon’s former country retreat on the open market for first time in more than 500 years
In Pictures: An ancient house with high-society provenance seeks £3.95mn.
By PrimeResi
Buyer sought for ultra-prime Cannes trophy estate project
Off-market shell-condition château offers €50mn-plus potential once complete, says agency.