The Next Hot Luxury Property Markets
Real estate prices are already sky-high New York, Berlin, and San Francisco, just to name a few locals. Here are some emerging markets to keep an eye on.
(Newswire.net — February 25, 2017) — As tech millionaires abound and money flows like champagne through the streets of New York, London, San Francisco and Berlin, the luxury homes are selling at higher and higher prices. What defines a luxury home" Depending on the location, the starting price for a luxury property in the West, could be as little as $1 million or as high as $10 million. What are some of the fastest growing markets in the West for luxury homes" The answer may be surprising to many. These markets may not have the highest prices (at the moment), but they do offer a glimpse of where the ultra-wealthy are moving. Here are a few hot markets and one emerging one to keep an eye on: Croatia
Home prices in many of the Croatia?s coastal towns have been rising sharply due to an flux of buyers from Slovenia, Germany, Italy, Austria and Scandinavia. This is partly due to the beauty of the country and its low cost relative to other popular European coastal destinations. Croatia occupies the largest area of the eastern coast of the Adriatic Sea. It has more than 1,000 islands, second in Europe only to Greece, and stunning natural beauty that make it a more popular luxury home destination. Luxury real estate in Croatia doesn?t have the caché of its more famous Mediterranean neighbors, but this Balka...
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