Tel Aviv has jumped from fifth place to first in this year’s EIU’s Worldwide Cost of Living (WCOL) index, ahead of Paris and Singapore in joint second place. Damascus remains the world’s cheapest city, with prices falling in US dollar terms since last year as the war-torn Syrian economy struggles. Data released by the … Read more
The Setai, Tel Aviv to Open in Early 2018. Nakash Holdings’ second Setai-branded luxury hotel in Israel to be located at site of historic 13th century structure. The 13th century structure that is the foundation of the new hotel is unlike any other, and the developer took meticulous care in preserving and infusing important historic … Read more
London, New York and Tokyo Top List of World’s Leading Luxury Real Estate Markets. 10% of UHNW individuals own five properties or more, according to The 2017 Global Property Handbook unveiled by Wealth-X, Warburg and Barnes. The handbook detailing real estate investment habits of the world’s wealthiest people cites Cuba as a top emerging luxury … Read more
This lineup of one-of-a-kind properties — all of which are located in distinct parts of the world — are sure to meet the luxury lifestyle buyers dream of. The lineup compiled by New York City-based luxury real estate marketplace Concierge Auctions spans two US states, Costa Rica, Israel, Italy, and the United Kingdom The properties … Read more
Ritz-Carlton luxury hospitality chain to open first luxury hotel in Israel. The Ritz-Carlton luxury hospitality chain will bring its legendary service standards to Israel by opening its first luxury hotel in Herzliya, an affluent town north of Tel Aviv. The Ritz-Carlton Hotel Company has confirmed their first hotel in Israel will officially open its doors in … Read more