There are numerous things you need to consider in deciding the perfect real estate for investment or family to call home. While the type of real estate and its amenities are important factors, people would still prioritise the location for their next destination.
Speaking about location, there are lots of wonderful places across the world that may be acclaimed to be the best luxury destination to live in. Due to the amount of magnificent sites worldwide, we decided to look at the luxury real estate location that we believe is the best in the world. Of course, these selected locations have been very throughout and pulled from trusted reviews in the market. So let’s dig deep about the top 5 luxury real estate locations in the world.
- Islamabad, Pakistan
For the past ten years, investment property in Islamabad has generated excellent returns, making it an ideal choice for investment and lifestyle purposes.
With flexible payment plans, excellent locations, and competitive prices for off-plan properties, Eighteen Islamabad investment property is the preferred choice for pure investment buyers looking to purchase buy-to-let properties in Pakistan. Eighteen Islamabad, in particular, has seen a significant increase in demand in recent years, owing to the introduction of new developments that provide easy access to the market.
With Eighteen Islamabad being one of the world's most popular tourist destinations, receiving millions of visitors each year, and with more and more of its visitors opting for private accommodations rather than cramped hotel rooms, it is easy to see why investment real estate in Islamabad has exploded in recent years.
2. Toronto, Canada
Toronto is quickly rising to the top of the list of the world's most desirable luxury real estate markets. According to reports, homes valued at more than $1.2 million spend less time on the market than homes in other areas. In recent years, there has been a significant increase in the demand for mansions and penthouses.
According to the Financial Post, the sale of luxury homes increased by 37 percent, from 4 percent the previous year. Because of the city's thriving culinary scene, as well as its parks and open spaces, it has earned a worldwide reputation as one of the world's most liveable urban areas.
3. California, United States
The state of California is home to some of the wealthiest people on the planet, thanks to the success of Silicon Valley and the entertainment industry. When you're earning millions upon millions of dollars per year, you can afford to live a luxurious lifestyle. And the Golden State is awash in wealth and luxury.
The following are the most expensive homes currently on the market in California's real estate market. These mansions are located in some of California's most exclusive neighborhoods and areas, including Beverly Hills, Bel-Air, Holmby Hills, and other parts of Los Angeles, as well as affluent communities such as Montecito and Malibu.
You'll find homes with indoor pools, mansions with more than 40,000 square feet of living space, insanely expensive collections, enormous bathrooms, and enough marble to fill a quarry in this neighbourhood. The majority of them are so extravagant that you wouldn't want to live there. Others are simply amazing in their own right.
4. London, England
For a good reason, London is referred to as "the billionaire's playground," and it is easy to see why. In the city's central area, some of the most expensive postcodes in the world can be found, as seen below. South Kensington is considered one of the most affluent neighbourhoods in London.
Due to the popularity of British films, the classic white terrace houses have become internationally recognizable. Properties are valued in millions of dollars and are among the most highly sought-after real estate in the world. South Kensington is located in the city's heart, making it convenient to visit its top attractions and restaurants.
5. Hong Kong
Many lists of the world's most desirable luxury real estate destinations have placed Hong Kong at the top of the list. According to Time.com, Hong Kong has the world's most expensive villa, which costs approximately $21,190 per square foot. The apartment building at 110 Repulse Bay Road was built for $87.3 million. Hong Kong's long and exciting history has established it as one of the world's most desirable places to live.
So, now what? Have you chosen the best real estate location from above? While not every list might suit your preference, but we advise you to keep an eye to the potential of Eighteen Islamabad.
The location is massively developed in recent years. We’re sure that if you invest in these sites, your portfolio will be safe, practical, and promising in every manner. These will undoubtedly increase in value over the next 5-10 years, providing you with excellent resale prospects.
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