Advertising Console

    Where the Super Rich Shop for Real Estate

    Repost
    Geo Beats

    by Geo Beats

    3.2K
    44 views
    Clearly the world’s super-rich can buy a house wherever they want, but some areas are more attractive to them than others.

    Clearly the world’s super-rich can buy a house wherever they want, but some areas are more attractive to them than others.

    According to recent research conducted by a number of real estate services companies, the French Riviera is where the most multi-million dollar home buyers are headed.

    Stunning views, beautiful beaches, and enclaves packed with really, really expensive homes make the area’s homes among the most sought-after in the world.

    On average, a five-bedroom luxury house there is priced at around 28 million dollars.

    Nearby Monaco is popular and spendy as well, with prices for similar properties averaging out at 25 million.

    Other favored cities that draw the ultra-rich looking to add another house to their holdings are Aspen and St. Barts in the Caribbean.

    There are some trailblazers among the group.

    Areas in the Seychelles, the Maldives and Dubai are showing increased interest in recent times.

    It was observed that buyers in both North America and the Middle East don’t like to travel too far afield when acquiring their luxury homes.

    While Dubai and Abu Dhabi remain the most popular for the latter, there has been a spike in Mediterranean interest.