Luxury Real Estate
Porsche Design Tower – World’s first condominium complex with incorporated car elevators The world’s first condominium complex with elevators that transport cars & residents directly to the apartments is a creation of Porsche Design Group and Miami developer Gil Dezer. The luxury $560 million beach condo with 132 housing units, called Porsche Design Tower, will … Read more
Because of demand from wealthy buyers taking advantage of tax privileges, Monaco maintained its title as the world’s most expensive luxury residential market for the fourth straight year. In recent study made by Global Property Guide, the world’s most expensive cities are still in Europe in spite the debt debacle and austerity measures imposed by … Read more
Luxury property demand is seen to ebb Global demand for luxury property shows signs of receding, with prices worldwide rising at the slowest rate since the financial crisis began. The growth of prime property prices – the top 5 per cent of property by value – in Europe, North America and Asia has outstripped the … Read more
UK’s most luxury home finally sells for £35 million An opulent Surrey mansion which has been on the market since 2005 has finally sold for less than half its original asking price. Updown Court was once expected to fetch £75 million but has now sold after six years on the market for just £35 million. … Read more
The ‘Elton John’ of luxury homes, a repossessed property, sold to foreign businessman An opulent Surrey mansion which has been on the market since 2005 has finally sold for less than half its original asking price. Updown Court was once expected to fetch £75 million but has now sold after six years on the market … Read more
Construction On The World’s Most Expensive Building Is Officially Underway A 100-story tower in Seoul, South Korea, which is expected to be the most expensive building ever built, per square foot. The total price tag on the project, including land, is around $3.43 billion, according to the Chosun Ilbo . Each square foot will cost … Read more