2015 was favourable to the luxury real estate market. Barnes agency recorded transactions of 730 to 750 billion of Euro last year. It’s the same situation at Sotheby’s with an increase in their sales volume during the last semester of 2015. This situation is due to the fact that prices are streamlined in the luxury market.
Rich people have their favourite destinations. Nevertheless, they are vigilant about advantageous deals around the world, since real estate is considered to be an investment that should provide earnings. London, New York, Miami or Portugal are the places most appreciated by the wealthy persons. Idem for Paris region. There is also a boost in the high-class real estate market in France, particularly in the Paris region. Chinese customers, who want authenticity, invest in the capital of France and in regions where there are castles. For their part, resort followers have focused their choice on Mauritius, among others.
It is likely that 2016 will be a good year for Barnes and other companies specializing in real estate. We advise you to take a look at Mauritius Luxury to find information about the high-class real estate.
