5 Top Luxury Real Estate Locations Around the Globe
The world is your oyster if you can afford it and there are many great spots worldwide that can lay claim to being the top luxury destination to live in. With stunning locations across the world ready to be snapped up we thought we would look at 5 luxury real estate locations that we believe are the best in the world. Naturally we put our very own Tuscany at number one.
The beauty of Tuscany makes it one of the most desirable places in the world to live. Here on Fine Tuscany we have looked at how Tuscany has a surprise every season including skiing in the winter. Living in Tuscany is one of the best ways to experience Italian culture and cuisine. This is particularly true of its wine around the town of Montepulciano. The city of Florence is the perfect place to live for Italian luxury with the area of Piazzale Michelangelo offering the best views of the city.
Toronto is fast becoming one of the top luxury real estate destinations in the world. Reports show that homes worth over $1.2 million spend less time on the market than other locations. The demand for mansions and penthouses has seen a huge growth in recent years. The Financial Post reports that in 2014 the sale of luxury homes increased from 4% to 37%. The city has a worldwide status as one of the globe’s most liveable cities due to its vibrant culinary scene along with its parks and open spaces.
Miami, United States
Miami has a reputation for luxury and extravagance and is known as one of the world’s primary luxury markets. The city combines a tropical island lifestyle with a thriving cosmopolitan metropolis. For those looking for the ultimate luxurious neighbourhoods they could do a lot worse than Coconut Grove, La Gorce, and Miami Beach. These neighbourhoods are known for being secluded with spectacular views of the bay as well being in close proximity of the city centre.
Miami real estate specialists Discover Homes created a list of the 15 most expensive neighbourhoods in Miami. At the top of the list was Mid-Beach Miami, which has some of the city’s most famous buildings including the Ocean Spray Hotel. The site also informed that homes can cost up to $55 million.
London is known as the billionaire’s playground and it is not hard to understand why. The central area of the city has some of the most expensive postcodes in the world. One of the most affluent areas is South Kensington. The classic white terrace houses have become internationally recognisable through British films. Properties are worth millions and are some of the most highly desired real estate in the world. South Kensington is right in the centre of the city putting all the top attractions and restaurants in close proximity.
Hong Kong, Hong Kong
Hong Kong has taken the top honours in many lists on the top luxury real estate destinations. Time.com states that Hong Kong has the most expensive villa at approximately $21,190 per square foot. The total cost of the apartment on 110 Repulse Bay Road was $87.3 million. Hong Kong’s long and exciting history has made it one of the best cities to live in.