"Luxury real estate is expanding beyond traditional cities, with new destinations emerging as hotspots for high-end residential development. According to a report by Knight Frank, luxury markets are evolving, focusing on longevity, community, branding, and design storytelling. The report highlights five up-and-coming luxury destinations: Texas, Hudson Valley, NY, Fiji, Comporta, Portugal, and Sardinia, Italy. Texas: Transitioning from sprawling mansions to high-rise luxury, driven by the finance and tech industries, offering luxurious but low-maintenance living options with upscale communal features and renowned brand residences."
"Hudson Valley, NY: Experiencing a surge in interest from luxury buyers seeking curated living in quaint towns with waterfront views and high-end amenities, attracting attention from various markets globally. Fiji: Becoming a hub for global luxury brands due to its idyllic setting, offering seclusion, authenticity, and sustainability, with developments like One&Only and Six Senses providing upscale resort homes on pristine islands. Comporta, Portugal, and Sardinia"
Luxury markets are shifting beyond traditional urban centers toward diverse growth regions that emphasize longevity, community, branding, and design storytelling. Texas is transitioning from sprawling mansions to high-rise luxury, driven by finance and tech, offering low-maintenance living with upscale communal amenities and branded residences. The Hudson Valley is attracting buyers seeking curated living in quaint towns with waterfront views and high-end amenities, drawing global interest. Fiji is becoming a hub for global luxury brands, prized for seclusion, authenticity, and sustainability, with developments like One&Only and Six Senses offering resort homes on pristine islands. Comporta and Sardinia are emerging as additional luxury hotspots.
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